Public Companies Prospectus OF THE NEW ZEALAND SILVER MINING COMPANY, LIMITED, Mount Rangitoto, County of Westland, New Zealand. Capital:—£4o,ooo, in 8000 Shares of £5 each, payable as follows ; —Eive shillings on application; five shillings on allotment; the balance on calls not exceeding two shillings and sixpence per month. , The Company will be registered immediately applications are received for 5000 shares. Head Office to be at Dunedin or Wellington, according to decision of a majority of shareholders. Provisional Directors: Messrs. S. M. South, J. R. Hudson, and Henry Young, Hokitika; Dunedin Broker : Mr. J. B. Bradshaw ; Bankers: Bank of New Zealand. The object of the proposed Company is to work a Mineral Lease of 500 acres, situate at Mount Rangitoto, County of Westland, formerly known as Hudson’s Lease, which Lease has been since purchased from the Waste Lands Board by Mr. Henry Young. The Lease is known as No. 2, West of the Mount Rangitoto Company's Mine. The area secured is 500 acres, on which two distinct lodes of ore—one fifteen inches, and the other varying from three to five feet in width—outcrop. Mr. Arthur, Mining Surveyor, who has recently returned from completing a survey of the Lease, reports as follows; , “ I may state that in addition to lodes for- ■ merly reported on, Mr. Palmer, one of the original prospectors of the Mount Rangitoto Silver Mine, who kindly volunteered his assistance in the survey, discovered a large lode in one of the creeks running through this Lease, the position of which you will see on the plan, and marked ‘.Quartz Reef.’ The Reef is from fifteen to eighteen feet in thickness, and bearing east 13deg. south, and west 13deg. north, underlying to the north at an angle of about SOdegs. This lode is in a direct line with those now being worked by the Prospectors’ Company, and shows both Galena and Pyrites. Mr. Palmer also discovered a great quantity of stream tin in two different creeks in the Lease, some of the boulders being from two to three hundredweight. lam of opinion that.an immense tin lode must also run through the lease, from the quantity of stream tin in the two creeks.” The original prospectors of the Mount Rangitoto Company’s Mine also report as follows upon this Lease:—“Two lodes of ere similar to those in the Mount Rangitoto Company’s Mine outcrop in this Lease, one of fifteen inches—the other varies from three to five feet in thickness.” It is proposed to engage from California a | thorougly competent and. experienced Silver Mining Manager,- • and to have the mine developed and worked on sound scientific prin- | ciples, and with the latest machinery. As there is an abundant supply of water and timber in the immediate vicinity of the mine, and the Government have now in progress a line of road which will connect the Mount Rangitoto Mines with the Hokitika road, it is expected that the working of the mine will be conducted with facility and economy. Samples of ore from the Rangitoto’s Company’s Mine have been proved by Professor Kirkland, of the- Melbourne University, tocontain respectively three hundred and ninetytwo ounces, and seven hundred and thirty-fiye ounces of silver to the ton. Dr. Hector, m his Eleventh Annual Report, 1876, on the Colonial Museum and Laboratory, Wellington—Reports having obtained from a sample of Rangitoto ore a yield at the rate of five ounces fifteen pennyweights nineteen grains of goltj per ton. Reference is also, directed to " results of analysis No. 1855, locality Mount Rangitoto, obtained at the New Zealand Geological Survey Laboratory, which read thus:—“ The amount of gold in No. 1 is ten ounces twopennyweights per ton.” On transferring the property to the proposed Company, the Promoters, will receive 2000 fully paid up £5 shares, and the sum of £IOOO in cash. 1 Early application for Shares will be necessary, as the Promoters confidently expect aj>plications for fully double the number of Shares to be allotted. Applications will be received at any of the principal branches of the " Bank of New Zealand throughout the colony, or by HENRY YOUNG, Hokitika, Interim Secretary. OrF. A. LEARMONTH& CO., Brokers for Westland. WELLINGTON TRUST, LOAN, ANI> ' INVESTMENT COMPANY, (LIMITED.) NOTICE. Shareholders of the above Company are hereby informed that the poll for the election, of three directors will take place on THURSDAY', the 22nd FEBRUARY, at the Chamber of Commerce, between the hours of 7 and 9 p.m. The following gentlemen were duly nominated for Directors at the Annual General Meeting held on the Ist February : ALLEN, GEORGE LEVIN, WILLIAM HORT LEVY, LIPMAN : WALLACE, JAMES Proxy papers can be obtained at the officeof the Company, and no others will be accepted. N.B.—Shareholders are informed that proxypapers must be deposited at the office of thsCompany not later than 10 a.m. on Thursday, the 22nd instant. L. LEVY, Managing Director. Wellington, February 8, 1877.
Wanted IHOHE PRESS.—An experienced journalist; JL who for some years past has occupied aprominent position on. the Australian Press, and is at present visiting New Zealand, is open, to an engagement. Address, A.T.Z., office of this paper. % WANTED, a first-class Waiter. Apply to Jas. J. Anderson, Commercial Hotel, Wanganui. AN experienced Saleswoman and Milliner is open for an engagement. Por address, apply W. & G. Turnbull and Co. DRAPER’S ASSISTANTS wanted immediately. Kirkcaldie and Stains, Cubastreet. TO ACCOUNTANTS AND AUCTIONEERS.—Wanted a situation lit office of above, where the advertiser would have a prospect, after a few months, of obtaining a junior or other partnership. Testimonials, &c., on application to Alpha, Tikes Office. WANTED KNOWN, highest price given, for dairy-fed ■ pork, at Moverley’* Pork Butchery (late Beavis’), Willis-street. WANTED the following numbers of theNew Zealand Mail, 18/6 Feb. 1% Feb. 19, April 8 (2 copies), May 27 (2 Address Manager, New Zealand Times. , WANTED KNOWN, that there are fosr sale cheap at the Wellington Coach Factory.—l butcher’s cart, 1 light spring cart, 1 heavy do., 1 spring wharf dray, 1 wharf dray, 1 contractor’s dray, 1 second-hand spring; cart, 1 brake with stationary pole ANTED KNOWN—That THOMAS MYERS, Picture-Frame Maker anti Gilder, opposite the Theatre, Lambton-quay, Wellington, has always on hand a select quantity of oleos, chromos, and engravings, by Birkett .Foster and- others, to choose frcm> unframed, and also framed to order. Picture* mounted and frames regilded, oil painting* restored and varnished. Glass cut to any size, WANTED KNOWN, that the Tims* _ has the best assortment of POSTER. TYPE in the city, and can supply the wants of the public in bills of any dimensions,, iu plain or colored inks.
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New Zealand Times, Volume XXXII, Issue 4965, 20 February 1877, Page 3
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1,087Page 3 Advertisements Column 4 New Zealand Times, Volume XXXII, Issue 4965, 20 February 1877, Page 3
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