Page 4 Advertisements Column 5

New Zealand Spectator and Cook's Strait Guardian, Volume IX, Issue 835, 3 August 1853, Page 4

railway, become available, such as 3late of exceed ing 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. atpresenf, 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 obiain the capital necessary* to -work the mines, feeling perfectly assured that they will prove highly remunerative. • * I am, &c, - i "W. L. Wrey, Nelson, 10th June,, 1853. Mineral Surveyor.The following letter was in'the meantime received!' from T. L. Morgan, Esq.',^of the Burwood Smelt ■ works, near Newcastle, in Australia, to whomspecimens of the ore had been sent :— . "Burwood Smelting Works, 11 Newcastle, March 12, 1853. " Sin— Your favour of the 27th July, 1852 came duly to hand, with sample of copper ore. I should have replied on receipt, but fromthegreat uncertainty, that prevailed then as to the, possibility of keepingour works supplied with -labour, and which has* more or less continued, combined with an expectation that I should be able personally to wait upon you — I have deferred making adefinite communication on the subject. I may now say, that the ore is exceedingly rich, and the indications, as described by you,' most favourable. As a smelting Company we would rather not engage in' J mining ; operations, but can assure you the prospect you have is sufficiently valid to justify any amount of outlay, if well directed. We should be glad to give £16 to £\7 per twenty-one cwt, for 'any quantity of ere of that quality delivered in Newcastle. You may rest satisfied that no spontaneous combustion would take place with that ore during 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. TiNtrNE, Esq. r 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, was deemed by the projectors to he 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 contiact with Mr. Wrey to proceed to England without delay, for the purpose of' of raising the capital, and taking the other steps necessary to carry on and work the mines successfully. In the mean time, in order to afford to residents in the colony an opportunity of investing, the Trustees have determined to reserve 5,<100 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 becrme entitled pursuant to the terms of the prospectus of the Kth October, 185.2, 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 on or before the 30th 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 registered. Applications will be registered in the order in which they are received. The allotment will take place on the Ist December, 1853. In any case in.wliich the full number of shares applied for shall n-ot fee allotted to the applicant, the excess deposited by him will be repaid in. full by a cheque upon the Bankers of the Company. Pei-sous w!k>. have. contributed to the Preliminary Fund must declare their in ten lion of converting their subscriptions into shares on pr before the 30th November, 1853. Such declaration must be in the from given below, and be aocompanied^by the receipt given on the part of the projectors at the time «f 'cantrrbiJtion, 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 he allotted to tliem 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 colony in the purchase of the freehold estate in the mines. Upon the complete establishment of *he Company in England, the Provisional Trustees will execute all (necessary deeds for transferring the, property held by them for the use of the Cdnap«iay 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 Com — [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 an this Company, in respect of which I forward you Bankers' receipt for the sum of £ j , 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, &3., 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 thePro visional Trustees of the Company: . • [Form of application for conversion of contributions into shares.] To the Provisional Trust'ess of the Cook's Strait Mining Company, Nelson, New Zealandl*- -•' Gentlemen — I r hereby declare my, intention of t converting my contribution to.' tlie '"Preliminary Fund raised by the projectors of this' Company, amounting to £ * (the receipt for- which I • enclose;, into shires, pursuant to the Prospectus ,issued by the projectors on the Bth of October, 185,2, ' and I hereby agree to accept the same shares, t and. to execute, when required to do so any deed or deeds • f settlement, or other deeds' or docuitfents- which may be necessary for constituting the Company.! Yours.^&c. i.l' k -, ,- •■ 1 - „ .'Name ? „ , „ "• , " Address,ih full ',' { Dated J- ' V 1.85 ; ? ' ' / ; For Wellington, applications for'sha^es &c to be made'ih 'th'e ! "'te i rmsofthe n Prospectiis 1 Hart EsqV-LamfclonJ Quay. lOt. .* . -: r July 13,h 1853^; " $••*' .. .»,» v2Vi **.*.,. - , -