Page 4 Advertisements Column 5

New Zealand Spectator and Cook's Strait Guardian, Volume IX, Issue 834, 30 July 1853, Page 4

railway, become available, such 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 vrlnch are. at present, in great demand.^ The foregoing statement shews the undertaking to possess ' snch unusual advantages in every particular, that I have no hesitation in recommending immediate steps to obiainthe capital necessary, to work the mines, feeling perfectly assured that they will prove highly 'remunerative* I am, &c.; ' . -- W. L.,WuEif f Nelson, 10th June, 1853. • Mineral Surveyor. The following letter was in th"etffeanfime received? from T. L. Morgan, Esq.,of the Burwood Smelt works, near Newcastle, fir Australia, to whom specimens of the ore had been sent : — > " Bunrood Smelting Works, " Newcastle, March I<2, SSS3. "Sfß— Your favour of the 27th July, 1852 came duly lo hand, with sample of copper ore. I should have replied 1 on receipt, but fromrthegreat uncertainty thaf prevailed 1 titan as to» foe possibility of keeping our works' supplied with labour, and which ha* more of les* continued. - combined wjth an expectation that I should Ere able personally to wait upon you— l have deferred" maknrg a definite* communication on the' subject. 1 irray now say, that tfier ore ia e-xeeediffgTy riefiv and the indications, as described Dyyoff, most favourable*. As a siftfeltjng Company Ye tfoal«J ratlter ffof engage in *Mning operations, bwt can as^tfrff yotr tfie' prospect you J . Baveis sufficiently vatfd to jfnsfify anTaw^nt of otrtlay, if well directed. We should he glad to" give £16 to £17 per twenty-one cwt, for ally/ quantity of ore of that quality delivered inNetr* castle. You may rest satisfied that no spontaneous combustion would take place with that ore during any period of time, either on shipboard or else^where. I remain, &c, "W.T. L. Travers, Esq." T. L. Morgan." t , A specimen of the ore was also submitted fbr? assay to Dr. E. Davey. Government Assayist, afcAdelaide, in South Australia, by G. Tiklinjf, Esq.,, who gave the following as the result*; — "Copper ore (oxide). The green, portions of this- specimen are malachite the red pottfrSm is; oxide, containing about 70 per cent, of eopperthe black portion about 30 or $oper cent."", The specimens submitted' to Messrs. liforgan> a'njd- Davey were mere surface specimen*, anrf' inferior to the greater proportion ,of the, ore since" obtained" from the' mines. On reference to authentic, returns of the sale's of copper ores at Swansea, itmay be seen tfeat 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-hair the value of that from, the Dun Mountain Copper Mines. The report of the contractor, who has been forupward* of thirty years engaged, in mining? operations, supported by such unbiassed and satis-, factory evidence frem eminent practical and scientific men, was deemetf by the projectors to he> conclusive* evidence of the favourable prospects? of the mine, and -they have therefore, iir furtherpursuance of the prospectus- of October Of 1852,, entered inlo a conti act with Mr. Wrey to proceed to England without delay, for the purpose of N of raising tile capital, and taking the other steps, necessary to carry on ami work the minas sue-, 'cessfully. In the- mean time, in order to afford to residents 'in the colony an opportunity of investipg, theTrustees have determined to reserve 5,^00/} shares, until the Ist December, 1853, for allotment toapplicants in the colonj', exclusive of the shares to. nhicli contributors to the preliminary fund may bec< me entitled pursuant to the terms of the prospectus of the October, 1852, and of theshares to be allotted to the Projectors as hereinaftermentioned. All applications for shares to be allotted in the colony must be- madron orb?forethe3'th Novem-. ber, 1833,. 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 wWoh, no application will he registered. Anplieation» will be l'egistered in the order ii> which they, are leceivec?. The allotive»t will take place on the l-.t December, 185& lv jiny case in wfticfc tha- fn}l numbpr rvlf shares applied' fop shaJl not hp allotted to the nnplicant. the excess deposited l»y him. will I>h rcpiiirf in full by « cheque upon the Biiii&ers ol tho Company. Persons who have contiihuteil to the Pieliminnrv Fund must declare (Heir- int&nfion of coaVerfinjr their snfoseiintfonfrimo shares on ot before. the 30fh November, 18o'k Such declaration must be in the from given below,, and he accompanied; by the y receipt given »n the paijf- of* ths projectors at (hetime of ct-ntribntion, without which no shares will be allotted in respect of such contributions*. The Piojectovs have eittaiad into an engagement to assign thei* intcse-tin the mines to the Provisional Tiwstees for, tha-use of the Company, ii> consideration of 3*,WCotpaid up shares, which are to> be allotted t& them without further application. In th« establishment of? the Company everypossible means will be ta&ei). 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 advantageeu&fur the- interests' of llfe'e Com- ' pany.. " .-, . . , v The Provisional Trustees will have full power.tq;, .. iavest the capital) subscribed in the colony in the purchase of the freehold estate in the mines. Upon the cor»pl»te establishment of *he ((Jompahy* Vj in England* thje Provisional Trustees will execute all necessary deeds, fop transferring the property, held by them, fox th& use of the C'ompauiy to the permanent Trustees, of to such other persons as the- Directoj<a or Managers of the Company shall direct. App'icatio&s (oti shares, >n the. following form,, must be addressed) to " the Provisional Trustees of the Com :— « [Form of application for shares.]) ,To tike Provisional Ttv\stees of'-the .Cook's "Strait ! , Mining Company, Nelson, New Zealand- • ' GENTiEWEN-^-Be pleased to allot me, sh a resin tikis Company, in respect of which I foVward you Bankers' receipt for the sunvo'f £ and I hereby agree to accept the same' shares, jorany.lese 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 .djocuments which' may, fee necessary for constituting the Company? * A " • * ' • '""•- Yours, <*0.,' '•* - l ' - . Name * ■ Address in full Dated 185 Application in the following form for the conversion of contributions to the Preliminary Fund into dhares,must also be addressed to thePtovisional Trustees of the Company: '• . j [Formof application for conversion of contributions. into shares.] To the Provisional Trustees of the Cook's Strait Mining Company, Nelson, New Zealand. ' Gent i«emen-=-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 Prospectus issued 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 deed* <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 Geobgb. Hart Esq., Lambton Quay. July 13, 1853.