Page 4 Advertisements Column 5

New Zealand Spectator and Cook's Strait Guardian, 6 August 1853, Page 4

railway, become available, such -as slate rof 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. at present, in great demand. 1 The foregoing statement shews the undertaking' to possess such unusual advantages in every particular, that I hare no hesitation in recommend-, ing immediate, steps to obtain the capital necessary' to work the mines,' feeling perfectly assured that" they will prove highly remunerative, I am, &c, VT. L. WreT f Nelson, lOthjJune, 1853. Mineral Surveyor. The following letter was in the rneafttime^eceived from T-. L. , Morgan, £si|., of the Burwood Smfelt works, ' near* Newcastle, in Australia, "'to whom specimens of the ore had been sent i — "BHirwood Smelting Works, " Newcastle, March 12, 1853. " Sin— Your favour of the 27th July, *852 came* duly'lfo hand, with sample of copper ore. J should have replied on receipt, but fromthegreatuncertainty' that "prevailed 1 tlien as to the possibility of keeping our works supplied with labour, and which has more or less coiitismed. combined with an expectation that I sTionld be aNe pejsemaTly to waifr upon you — I have deferred making a definite com-* immicstmn on the subject. I may now say, that the Sre is exceedingly rich, and the indications, as described by you, most faronrabTe. As a smelting: Company we wonld rather not engage in mining? operation s> birt earn assnre yon the prospect yotJ have is sufficiently valid to justify an T amount of outlay, if well directed. We sfronld be glad to give £W to £\7 per twenty-one ewt, for any; quantity of ere of that cpualrty delirere-d ib Newcastle. You may rest satisfied 1 that rro-spontanWirss combustion wotrTd 5 take place with that ore during" any period of time, cither on shipboard or elsewhere. I remainy &cv r "W.T. L. Travels, Esq."" T.l» Mo.RaAN.'* A specimen of rite- ore was aTstf stt&Trritted- fotf" assay to Dr. E. Datey. Government Assayfet- ai& Adelaide, in South Australia, by G.Tinline, Esq., who gave the following as the result : — " Copper ore (oxide). The green portions @t this specimen are malacMte the vett portfori rs--. oxide, containing about 70 per cent, of copper the black portion about 30 or 40 per cent." The specimens submitted to Messrs. Morganand Davey were mere surface sperimens, 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 Mine?. 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 be conclusive evidence of the favourable prospects of the mine, and they have therefore, in further pursuance of the proipectiis of October 8, 1852, entered into a contract 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 woik 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 S,fH)O shares until the Ist December, 1853, for allotment to applicants in the colony, exclusive of the shares to which contnbutors to the (preliminary fund may bee me entitled pursuant to the terms of the prospectus of the Bth Ociober, 1852, and of the shares to be allotted to the Projectors as hereinafter mentioned. All app'icat'ons for shares to be allotted in the colony must be made on or before the 3'Hh 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 which the full 'number of shares , applied for -shall not be allotted to the applicant, the excess deposited by him will be repaid in full by a cheque upon tbe Bankers »of the .Company. -Persons who have contributed to the Preliminary Fund must declare their intention of converting their subset iptions into shares on or before the 30th 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 tlie Provisional Trustees for the use of the "Company, in , consideration of 3,000 paid 1 vp 1 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 shareholder* 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 fur the interests of the Company. ' >; ' - The Pro visional .Trustees wtll have full power to invest the capital subscribed in the colony in the purchase of the freehold estate in Jtbe mines. 'Upon th* complete establishment of rhe 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: — [Form of application for shares'.] To th« Provisional Trustee* of the Cook's Strait Mining Company, Nelson, New Zealand. Gentlemen — Be pleased to afllot me shares in this, Company, in, respect of which I forward you Bankers* 1 receipt for the ,sum of £ and I hereby agree to accept the same shares, or any less number which may be allolted4o me, and to execute, when required to do'so/owiy deed or deeds of settlement, or other deeds or- documents wihieli may Ib e necessary for constituting the Company. Yours, • i &3^ .Name Address in full Dated , , 185 : Application in the following form 'for the 'con-,, version of contributions to .the Preliminary Fund into shares.,m ust also be addressed to the Provisional Trustees of the Company; [Form of application for conversion of contribution* into shares.] To the Provisional Trustees of the Cook's Strait Mining Company, Nelson, New -Zealand; 1 Gentlemen — 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 stares, 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, whea required to do so any deed or deeds' «f settlement, or other {deeds -or documents which, may he necessary foV constituting the Company,' " Yours. &c. !- j .Name „r t ' . Address iri full * • ' / - Dated - , ' 185 ■- For Wellington, applications forshares'&e to be < made in- the" terms'" of the Prospectus to George Hart Esq., f Lambton- Quay. l ■ July 13, 1853. t , is , „