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Prospectus WEST WANGANUI OUALEIELD ' COMPANY (LIMITED), West Wanganui Inlet, Nelson. ; i To be Registered ; under.‘the “Joint Stock, Companies Apt, 18 .” , UCai'ital, ■ ... . £50,000, .' In 10,000 Shares of £s 'Each ; . ss. per share on application, os. "on’ allotment, .and ss. per share at intervals of, not leas’ than one mouth after the registration of the Company. ' Provisional Directory : Jacob Joseph, Esq., merchant. - E. W. Mills, Esq., merchant. E. D. Butts, Esq., Chief Postmaster. E. E. Wright, Esq., Christchurch. .Joseph Joseph, Esq.; merchant. - Andrew Young, Esq. ■ E. A. Krull, Esq., merchant. James Gilligan, Esq. IJou. M.S. Grace, M.L.C. A. de B. Brandon, Esq., M.H.R. ■ John Plimmer, Esq. ..... J. H. Wallace, Esq., J.P. Seymour Thorne George, Esq. i D. Mclntyre, Esq. ; , -. Head-quarters of the Company to be .at Wol- . lington. 1 Bankers : ■ The Bank of New Solicitors : ~ Messrs. Brandon and Sous. ■ . . A competent General. Manager will bo appointed. . ... J. E. E. Wright," ■ Secretary pro Uni: . The promoters, in offering to the public this most valuable property of one square mile of land (640 acres), held under lease for twentyone years at Is. per acre froin the Native Bands Commissioner, Nelson, do so in the firm belief that this coalfield will bo the'source'of a very large part of the supply for the whole of the colony. The coal is better known in Nelson than in any other part of . New Zealand, as small traders have for many years past been’ in' the habit of supplying that market from this district to a limited extent ; and the coal is so well liked, that it is understood hone other would be used for. domestic purposes could a constant supply be' depended on. The promoters of this proposed company have at con-, siderable expense, to prove beyond doubt the existence of an extensive coalfield, sunk a shaft 50ft., driven on the coal on main level 53ft.; put in a heading of 20ft., and have a chamber of 10ft. square. ’ The seani of coal is about sft. 6i.i. thick, with a tendency to increase. There is a 10 horse-power engine on the spot, ropes, , gear, boat, buildings, &d, &c., now working under only these prospecting appliances, yet .getting out from seven to ten tons of coal per day. While a main working, shaft is being put down, with very little addition to present appliances, fully 100 tons per* ■week of the coal could be raised. The pro-,) motera are fully assured that the coal has only ! to bo placed in the various markets to be duly appreciated. With that in view they have [already several cargoes on their way to, this port, so, that the public'can test the coal,and' judge for themselves. All householders, hotel [keepers, factors, and others arc earnestly, invited' to take , shares in .this company, that promises such undoubted, success. It is contemplated, immediately after the formation of the company, to‘ purchase or have built,one or [more steam colliers suitable for the trade. ~ The West Wanganui Inlot is said to bo tho best harbor on the West Coast; the bar is unchangeable, and at high water has 16ft.; at midtide, lift.; and at low water not less than ,7ft. Ingress and egress can be had .at all times. The inlet covering a distance of some ; bine or ten miles in length) and from two to three miles in breadth,.and heing.acted on by the sea only, it is never subject to floods;: and considering its contiguity to all tho • centres of population, it is calculated that screw steam) colliers will be enabled.to make from five to six trips per mouth. [■ . j "The promoters reserve to themselves 1400 paid-up shares as their proportion of this valublo coalfield and plant. • Application for shares to bo ■ made to the I Bank of New. Zealand and Its branches ;• also, at .the offices of the Provisional Directors,, where all further information con bo obtained. lea Books,Sc. T Y O N & B BAX E, JLi. IiAMBION-QOAY, MONTHLY USX OE NEW BOOKS AND ' ' ' : NEW EDITIONS - i By Mail, anb Otiieii Direct Sthajicrb. Black’s now edition, illustrated, Wavcrley Novels, vols. Ito 6. . . International Scientific,; Scries ; now volume, Studies iu[ the Spectrum Analysis The Speaker’s Commentary.; now volume , The New Testament, vol. 1 . - Mrs.’, Oliphant’s Carita; cheaper editionWhite Melville’s llosiuo ; cheap edition The Ordeal of Richard Eovcral Blackwood’s Ancient Classics, vol. 26; Thuoydidos. . : <r Maomillan’s Science Primers; Jevons’ Political - Economy Cohdeu’a Speeches, . people’s edition, crown Bvo., cloth.; uniform with John. Bright’s ■ "'-Speeches- [' ;■„'- ..■[),.' . it Palgrave’s Herman Agha, an Eastern Narra- :' live ■Thackeray, re-issue, now vol. - ■Wavcrley, Belfast edition,new vol. NEW CHEAP NOVELS. Oarloton’s 'Traits and Stories of the Irish Peasantry ; popular edition, in ; two volumes , . Elorenoe Marryatt’s Her Eathor’s Name , Disraeli's Oontarini Flaming „i Do. Henrietta Temple , . Ainsworth’s Myddelton Pomfret, and new supplies o£ Whyte Melville, Wilkie Collins, , Joseph Hatton, Ac., Ac. A new shipment of Bibles and Church Services, in. elegant bindings. ' . LYON & BLAIR, |- ‘ Booksellers and Stationery, Lambtim-quay, Wellington.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/NZTIM18780601.2.21.2

Bibliographic details
Ngā taipitopito pukapuka

New Zealand Times, Volume XXXIII, Issue 5360, 1 June 1878, Page 3

Word count
Tapeke kupu
813

Page 3 Advertisements Column 2 New Zealand Times, Volume XXXIII, Issue 5360, 1 June 1878, Page 3

Page 3 Advertisements Column 2 New Zealand Times, Volume XXXIII, Issue 5360, 1 June 1878, Page 3

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