Page 1 Advertisements Column 2

Oamaru Mail, Volume IV, Issue 1319, 29 November 1880, Page 1

PUBLIC COMPANIES BRIDGED PROSPECTUS Proposed Company for the purpose of -working tfae Valuable Marble and other Mineral Deposits at Caswell Sound, New Zealand, THE CASWELL SOUND MARBLE, PORTLAND CEMENT AND MINJNtf COMPANY, LIMITED, To be registered under " The Mining Company's Act, 1872." CAPITAL: £50,000 sterling, m 10,000 shares, at £5 each ; 6000 of which will be allotted at once, the balance being retained for future issue, the original Shareholders retaining the right of taking these up when issued at par pro rata. CALLS : 5s per share on application, 5s on allotment, and balance in calls as required of 10s perßhare, at intervals of not leas than three months. Provisional Directory. Hon. Edward Richardson, C.M.G., M.H.R., J.P., Christchurch. Hon. J. T. Peacock, M.L.C., J.P., Christchurch. Alex. M'Rae, Esq., Christchurch. W. H. Pilliet, Esq., J.P., Christchurch. W. Stock, Esq., Cbristchurch. W. Hutchinson, Esq., M. 8.R., J.P., Mayor, Wellington. E. W. Mills, Esq., J.P , Wellington. Hon. J. A. Bonar, M.L.C., J.P., Hokitika. M'Lean Watt Jack, E&q., J.P., Mayor, Hokitika. Richd. N. J. Reeves, Esq., M.H.R., J.P., Nelson. A. Stenhouse, Esq., Dnnedin. George Munro, Esq., Dunedin. J. R. George, Esq., A.M. Inst. C.E. A. S. Chapman, isq., Wellington. Bon. S»c., pro tern, : Charles Pownall, L?q , Wellington. Hon. Treasurer, pro tan. : Alex. M'Rae, Esq., Christchurch. Bankers and Agkntm : Back cf New Zpalanti, Wellington, and Branches. Solicitors : Messrs. Buller, Lewis, and Gully. Brokers and Temporary Offices of the Company : Messrs. Charles Pownall and Co., Greystreet, Wellington. Manager pro Um. : A. H. ilalovlm, Esq. Copies of Prospectus and Forms of Application for !>barss can be obtained from the Brokers, Provisional Directors, c-r fiom any of the Branches of the Bank of New Zealand in this Colony, nntil the 15th tfay of Dec=m- . ber, ISS>, at flitch datn all applications must be in the han>>s of the Brokers, «*hen the lists will positively be c ; o cd aud shares allotted. Specimens of Caswell Sound Marble can be seen at any of the Museums in New Zealand ; the Chamber of Commerce, Wellington ; or on application to any of the officers of the Company. In introducing thi3 eligible investment to ■ the notice cf the public, the promoters desire i to state that the Com: any's right comprise ; the best, mo3t available, extensive, and perhaps most valuable Marble depos'ts in the known wotM, at all events in the Southern Hemisphere. This is sufficiently proved by Caswell Sound Marble securing the first prize at the late Syduey Exhibition against Itali?n Statuary and other v.i'uable varieties. They also with to dwell upon its known certainty and con-speculative character, the ultimate success of this venture beiDg now well established. The lowest quotation for thi3 Marble is 12a per foot, ar.d ranges cp to £5. Larger blocks ore. however, much more valuable, some pu e White Statuary,without flaws, realising as much as £20,000 sterling in Europe. The ordinary price for a block suitable for a lifesize hnman statue >eir>g about £IOOO. The present cc3t of producing this Marble by manual labor only is about 2s per cubic foot, f. o.b. These figures may appear incredible, but they are nevertheless absolutelycorrect. Thus, taking the cost of production as stated, and the very lowestwbolesaleqnotation at 12s per fcot gives the apparently fabulous m'nitnum rate of fOT percent, profit. It is therefore, novisionary matter, a* these are leading commercial lines ard the values well known, the facilities of production, shipment, high quality of pre duct, giving a vast advantage any like prop rty in the world- We will also venture to predict that the value of the Company's shares will increase at least 3CO p*r cent, within twelve months of issue. Referring to consumption of these commodities, >t is al?o enormons. The consumption of Marble, Tortland Cement, ai d Lime, in the Australian Colonies alone during the last twelve months has been £2,872,600 sterling, and is rapidly increasing. Caswell Sound is a con modiona and safe harbor for the largest vessels in all weathers, the works of the Company being situated at the water's edge. The Government of t n is colony has also promised to favorably consider special grants and concessions in a'd as soon as the Company is successfully floated. For further particulars re other minerals found at the Sound, copper, coal, gold, &c., also the manufacture of hydraulic cement, lime, Arc., together with scientific, professional, Government, and other reports, with details of the objects and intentions of the Company, we refer to the Prospectus, which can bfl obtained upon application to any of the officers of the Companv or from Company's Agents, the Bank cf New Zealand, Oamaru, and at any of their branches OP TO BE CATXT D in tlii* c:'l >ny and Australia. 800

O RTfe Ox AGO PFVMANEFT UUILDING SOCljcj. PR23H>SZTT J Mr. A. J. S. Headland, coiraanzs of KA^ArmaEST: Mr. H. Aitfcea Mr. R. West Mr. T. Fsirky Mr. T. Procter Mr. Joha Tho:naon Mr. D. Miller 11. W. G. Bandiatt Mr. A. Clarke Mr. Robert vVilsoa. TBSA3UREH : Mr. W. G. FillenL SECRETAHT : Mr. G. Sampler. soLicrrroEs: Messrs. Julius and Bslmer. The abovo Society is prepared to issue £25 Debentures, at Eight per cent, per annnm, > payable at any time on three month? notice. -For further particular and information, apply to GEORGE SUMPTER, 928 Secretary. IVTEW ZEALAND INSURANCE 1\ COMPANY. FIRE AND MARINE, Capital £1,000,000 Fibk Department.—lnsurances granted at Lowest Current Rates on Buildings, Mills, Breweries, Stocks, Furniture, Farm Produce, Stacks, &c. Maris* Dkpabtmebt—l. Hulls insured, on the voyage or time. 2. Merchandise Goods, Freight, &o. The above Company being the first Inlurance Company stablished in New Zexand, has prior claim to the patronage o £Tew Zealand Colonists and being A LOCAL INSTITUTION, the whole of the funds are nvested in the Colony. Ag&bt job Oahabtt : GEORGE BUMPTEB.