Page 3 Advertisements Column 2

South Canterbury Times, Issue 2384, 5 November 1880, Page 3

Late Advertisements. Abridged prospectus OF Proposed Company for the purpose of Working the Valuable Marble and other Mineral Deposits at Caswell Sound New Zealand TO BE CALLED | THE CASWELL SOUND MARBLE,PORTLAND CEMENT, AND MINING COMPANY, LIMITED. To be registered under “ The Mining Company’s Act, 1872.” CAPITAL£SO,OOO sterling, in _ 10,000 shares, at £5 each ; 5000 of which will bo allotted at once, the balance being retained for future issue, the original shareholders the right of taking these up when isssued at par pro rata. CALLS—Ss per share on application, 5s on allotment, the balance in calls as required of 10s per share, at intervals of not less 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. 11. Pilliet, Esq., J.P., Christchurch W. Stocks, Esq., Christchurch W Hutchison, Esq., M.H.R., J.P., Mayor, Wellington E. W. Mills, Esq., J.P., Wellington Hon J. A. Bonar, M.L.C., J.P., Hokitika M'Leau Watt Jack, Esq., J.P., Mayor, Hokitika Richard N. J. Reeves, Esq., M.H.R., J.P., Nelson A. Stenhousc, Esq., Dunedin George Munroe, Esq., Dunedin J, R. George, Esq., A.M. Inst. C.E. A. S. Chapman, Esq., Wellington Hon. Sec. pro tern.: Charles Pownall, Esq., Wellington. Hox. Treasurer, pro tern.: Alex. M'Rae, Esq., Christchurch. Bankers and Agents : Bank of New Zealand, Wellington, and Branches. Solicitors ; | Messrs Duller, Lewis and Gully. Brokers and Temporary Offices of the Company : Messrs Charles Pownall and Co., Grey street, Wellington. Manager, pro. tern.: A. H. Malcolm, Esq. Copies of Prospectus and Norms of Application for Shares can be obtained from the Brokers, Provisional Directors, or from any of the branches of the Bank of New Zealand in this colony, until the 15th day of December, 1880, at which date all applications must be in the hands of the Brokers, when the lists will positively be closed and 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 oflicers of the Company. In introducing this eligible investment to the notice of the public, the promoters desire tojstatc that the Company’s rights comprise the best, most available, extensive, and perhaps most valuable Marble deposits in the known world, at all events in the Southern Hemisphere. This is sufficiently proved by Caswell Sound Marble securing the first prize at the late Sydney Exhibition against Italian statuary and other valuable varieties. They also wish to dwell upon its known certainty and nonspeculative character, the ultimate success of this venture being now well established. The lowest quotation for this Marble is l‘2s per foot, aiid ranges up to £5. Larger blocks are, however, much more valuable, some pure white statuary, without daws, realising as much as £20,00(1 sterling in Europe. The ordinary price for a block suitable for a life-size human statue being about £IOOO. The present cost 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 absolutely correct. This, taking the cost of production as stated, and the very lowest wholesale quotation at 12s per foot, gives the apparently fabulous minimum rate of 500 per cent profit. It is, therefore, no visionary matter, as those are leading commercial lines and the values well known, the facilities of production, shipment, high quality of product, giving a vast advantage over any like property in the world. Wc will also venture to predict that the value of the Company’s shares will increase at least 800 per cent within twelve months of issue. Referring to consumption of these commodities, it is also enormous. The consumption of Marble, Portland Cement, and Lime in the Australian colonies alone during the last twelve months has been £2,872,000 sterling, and rapidly increasing. Caswell Sound" is a commodious and safe harbor 1 for the largest vessels in all weathers, the works of the Company being situated at the water’s edge. The Government of this colony has also promised to favorably consider special grants and concessions in aid as soon as the Company is successfully I floated. For further particulars re other minerals found at the Sound, copper, coal, gold, Ac., also the manufacture of hydraulic [cement, lime, Ac., together with scientific, professional, Government, and other repoits, with details of the objects and intentions of the Comjjany, wc refer to the Prospectus, which can be obtained upon application to any of the olliccrs of the Company, or from Company’s agents, the Bank of New Zealand, or at any of their branches in this colony and Australia ; also at the office of tills paper. IN BAN KRUPTCY. IN THE DISTRICT COURT of TIMARU and OAMARU Holden at Timaru. In the matter of “The Debtors and Creditors Act 187(5 ” and of “ The Debtors and Creditors Act Amendment Act 1878” and of “The Debtors and Creditors Act Amendment Act 18711” and of the bankruptcy of Elizabeth Anna Hacon of Timaru in the the Provincial District of Canterbury in the colony of New Zealand boarding-house keeper a debtor. This is to notify that at a meeting of the creditors of the abovenamed debtor held this day at the District Court House Timaru Ebeuezer Smith of Timaru aforesaid coal merchant was elected creditors’ trustee and that the said Ebenczcr Smith has in writing accepted the said trusteeship. Dated this 4th day of November 1880. J. E. ALLEN, Clerk of Court. White & Jameson, Solicitors for the debtor. Y. IN BANKRUPTCY. H. IN THE DISTRICT COURT of TIMARU and OAMARU Holden at Timaru. In the matter of “ The Debtors and Creditors Act 187(5” and the several Acts amending the same and in the matter of a certain deed of arrangement made by Adolf Morton Giles of Albury in the county of Geraldine in the colony of New Zealand farmer. This is to notify that an application is intended to be made to this Court holden at Timaru at its next sitting for an order declaring the said deed completely executed. Dated this Ith day of November 1880. GODBY & TOSSWILL, Solicitors for the arranging debtor.