Page 1 Advertisements Column 4

New Zealand Spectator and Cook's Strait Guardian, Volume IX, Issue 846, 10 September 1853, Page 1

Company r. c would rather not engage in mining operation 3, but can assure you tbe prospect you nave is eufTiciently valid to justify any amount of outlay, if well directed. VVe should be glad to give £16 to £17 per twenty-one cwt, for any quantity of ore of that quality delivered in Newcastle. You may rest satisfied tbat,no spontaneous combustion would take place with that ore during any period of time, either on shipboard cr elsewhere. I remain, &c, <' W. T. L. Travers, Esq." T. L. Morgah." A specimen of tbe ore was also submitted for assay to Dr. E. Davct, Government Assayist, at Adelaide, in South Australia, by G. Tislike, Esq. who gave the following as tbe result : — "Copper ere (oxide). Tho green portions of thin specimen are malachite the red portion ia; oxide, containing about 70 per cent, of copper the black portion about SO or 40 per cent." The specimens submitted to Messrs. Morgan and Davey were mere surface specimens, and inferior to the greater i proportion of the ore since obtained from the mines. On reference to authentic returns of tbe sales cf copper ores at Swansea, it may bo ssen tlaat of the produce of 100 mines in tbo Unitad Kingdom, naay of which are of the first celebrity, tlier» ara but few which exceed one-half the va'"3 cf that from ths Dun Mountain Copper Mins9. The loport oi tli3 contractor, who has been for upwards of thirty years engaged in mining operation:, s-jppcrted by euch unbiassed and satisfactory evidence from eminent practical and scientific men, was deemed by tbe projectors to be conclusive evidence of tha favourable prospects of the mine, and they have therefore, in further pursuance of tbe prospectus of October 8, 1852, entered into a contract vith Mr. "Wrey to proceed to England without delay, for tbe purpose of of raining th« capital, and taking tho other atepa xieceasar7 *° carry on and \?ork the mines «uccesafully. In thtj me^n iim3, ta order to nfford to residents in ths calony aa opportunity of investing, the Trustees have Jc-termined to reserve 5,000 shares until the Ist December, 1853, for allotment to applicants in the colony, exclusive of ths aharea to which contributors to tae preliminary fund may become entitled pursuant t^ the terrr,3 of the prospectus of the Sth October, 1832, ar.d of the | shares to be aliottad to tb.9 Projector aa hereinafter Mentioned. All applications for shared io be allotted in tbe colony Ttiuct hz mad« on or before the 30th November, 1853, and mu3t be in the form given below, and be accompanied by a receipt from the Bankers of the Company far the full amount of the shares, without vrbicb, no application will be registered. Applications will be regictored In She order in which they are received. The allotment will tako oa tLe lit December, 1853. In ony case in which th* 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 «f the Company. Persons woo have contributed to the Preliminary Fund mest dec'are their intention of converting their subscriptions into shares on cr before the 30th November, 1853. Such declaration must be in the from given below, and be accompanied by the receipt given en the part of the projectors at the time 0? contribution, without which no shares will be allotted in respect of such contributioiib. The Projectors have entered i.ito an engagement to >.^eign their interest in tho m:n33 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 tha Company every possible ir.e..r.s will be takes to limit tbe shareholders to the actual amount of their respective shares, either by obtaining a Cluiter of incorporation from the Local Legislature, or otherwise, as shall be moat advantageous for ths interests cf the Company. The Provisional Trustees wtll have i'ull power to invest tha capital subscribed in toe colony in th« purchase of the freehold estate in the mines. Upon the complete establiohmer.t of >he Company in England, tbe Provisional Trusteea vill execute all necessary deed 3 for transferring the property held by them ibr the use of the Company to' the permanent Trusteeo, or to such other persons as the Directors or Managers of the Cosapany shall direct. Applications for shcres. in the following form, must be addressed to " th» Proviaiond Trusteea of tho Compaiiy:—[Form of application for shares.] To the Provisional Trustees of the Cook's Strait Mining Conipary, Nelson, New Zealand. ■Gentlemen—- Be pleased to allot me shares in tliis Company, in respect of which I forward you Bankers' receipt for ths oum of £ and I hereby agree to accept the same shares, or any less number which maj be allotted to me, and to execute, when required to do do, any deed or deed* of settlement, or other deeda or documents which may be necesary for constituting tha Company. Yours, &c, I Name Address in full Dated 185 Application in the following form for tbe conversion of contributicna to tha Preliminary Fund into ahares.rnust also be addressed to theProvisional Trustees of the Company : (Formof application fo? conversion of contributions ! into shares.] To the Provisional Trusteea of the Cook's Strait Mining Company, Nelson, New Zealand. j Gentiemen — I hereby declara my intention of I converting my contribution to the Preliminary j 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, I and I hereby agree to accept the same shares, and ; to execute, when required tojdoso any deed or deeds 1 of 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.