Page 4 Advertisements Column 5

New Zealand Spectator and Cook's Strait Guardian, Volume IX, Issue 831, 20 July 1853, Page 4

railway,- become available, stich as slate of exceeding fine quality for every purpose to which slate can be applied ; limestone, timber, and fire- stone | fit for the most intense funace work, all of which would come to market at a moderate cost, and some of •which are. at present, in great demand.^ The foregoing statement shews the undertaking to possess such unusual advantages in every particular, that I have no hesitation in recommending immediate steps to obtain the capital necessary to work the mines, feeling perfectly assured that they will prove highly remunerative. I am, &c, W. L. Wrev, Nelson, 10th June, 1853. Mineral Surveyor/ The following letter was in tbe meantime received from T. L. Morgan, Esq.,-of the Burwood Smelt works, near Newcastle, in Australia, to whom specimens of the ore had been sent : — " Burwood Smelting Works, " Newcastle, March 12, 1853. " Sir— Your favour of the 27th July, 1852 came duly to hand, with sample of copper ore. I should have replied on receipt, but from the great uncertainty that prevailed then as to the possibility of keeping our works supplied with labour, and which has more or less continued, combined with an ex^ pectation that I should be able personally to iraif upon you — I have deferred making a definite communication on the subject. I may now say, that the ore is exceedingly rich, and the indications, asdescribed by you, most favourable. As a smelting.." Company we would rather not engage in mining operation s, but can assure you the prospect you have is sufficiently valid to justify any amount of outlay, if well directed. We should be glad togive £16 to £17 per twenty-one cwt, for any quantity of ore of that quality delivered in New--castle. You may rest satisfied that no spontaneo uscombustion would take place with that ore during 1 any period of. time, either on shipboard or elsewhere. I remain, &c, " W. T. L. Travers, Esq." T. L. Morgan." A specimen of the ore was also submitted for assay to Dr. E. Davey. Government Assayist, at Adelaide, in South Australia, by G.Tinlind, Esq., who gave the following as the result : — "Copper ore (oxide). The green portions of this specimen are malachite the red portion is; oxide, containing about 70 per cent, of copper the black portion about 30 or 40 per cent." The specimens submitted to Messrs. Morgan and Davey were mere surface specimens, and inferior to the greater proportion of the ore since obtained from the mines. On reference to authentic returns of the sales of copper ores at Swansea, it may be seen that of the produce, of 100 mines in the United Kingdom, many of which are of the first celebrity, there are but few which exceed one-half the value of that from the Dun Mountain Copper Mines. The report of the contractor, who has been for upwards of thirty years engaged in mining operations, supported by such unbiassed and satisfactory evidence from eminent practical and scientific men, wai deemed by the projectors to be conclusive evidence of the favourable prospects of the mine, and they have therefore, in further pursuance of the prospectus of October 8, 1852, entered into a contract with Mr. Wrey to proceed to England without delay, for the^ purpose of of raising fhe capital, and taking the "other steps necessary to carry on and work the mine 3 successfully. In the mean time, in orderto afford to residents in the colony an opportunity of investing, -the Trustees have determined to reserve 5,000 shares until the Ist December, 1853, for allotment to applicants in the colony, exclusive of the shares to which contributors to the preliminary fund may become entitled pursuant to the terms of the prospectus of the Bth October, 1852, and of the shares to be allotted to the Projectors as hereinafter mentioned. All applications for shares to be allotted in the colony must be made oa or b?fore the 3 )lh November, 1853, and must be in the form given below, and be accompanied by a receipt from the Bankers of the Company for the full amount of the shares, without which, no application will be registercl. Applications will be registered in the order m which (hey are received. The allotment will take placoon the Ist December, 1553. In any case in which the full number of shiresapplied for shall not be allotted to the applicant, the excess deposited by him will I>p repaid in full by a cheque upon tbe Bnnkers of the Company. Persons who have contributed to the Preliminary Fund must declare their intention of convertingtheir subscriptions into shares on or before the SOtli November, 1853. Such declaration must be in the from given below, and be accompanied by the receipt given on the part of the projectors at the time of contribution, without which no shares will be allotted in respect of such contributions. The Projectors have entered into an engagement to assign their interest in the mines to the Provisional Trustees for the use of the Company, in consideration of 3,000 paid up shares, which are to be allotted to them without further application. # In the establishment of the Company every possible means will be taken to limit the shareholders to the actual amount of their respective shares, either by obtaining a Charter of incorporation from the Local Legislature, or otherwise, as shall be most advantageous for the interests of the Company. The Provisional Trustees wtll have full power to invest the capital subscribed in the cojony in the purchase of the freehold estate in the mines. Upon the complete establishment of Mie Company in England, the Provisional Trustees will execute all necessary deeds for transferring the property held by them for the use of the Company to the permanent Trustees, or to such other persons as the Directors or Managers of the Company shall direct. Applications for shares, in the following form, must be addressed to "the Provisional Trustees of the Company:- 1 — [Form of application for shares.] To the Provisional Trustees of the Cook's Strait Mining Company, Nelson, New Zealand. Gentlemen — Be pleased to allot me shares in this Company, in respect of which I forward you Bankers' receipt for the sum of £ and I hereby agree to accept the same shares, or any less number which may be allotted to me, and to execute, when required to do so, any deed or deeds of settlement, or other deeds or documents which may be, necessary for constituting the Company. Yours, &c, Name Address in full Dated 185 Application in the following form for the conversion of contributions to the Preliminary Fund into shares,must also be addressed to theProvisional Trustees of the Company: [Formof application for conversion of contributions into shares.] To the Provisional Trustees of the Cook's Strait Mining Company, Nelson, New Zealand. Gentlemcn — I hereby declare my -intention of converting my contribution to the .Preliminary Fund raised by the projectors of this Company,, amounting to £ (the receipt for which I enclose), into shares, pursuant to the Prospectusissued by the projectors on the Bth of October, 1852, and I hereby agree to accept the same shares, and to execute, when required to do so any deed or deeds, f.f settlement, or other deeds or documents which, may be necessary for constituting the Company. Yours. &c. Name Address in full Dated 185 For Wellington, applications for shares &c to be made in the ' terms of the Prospectus to George Hart Esq., Lambton Quay. July 13, 1853.