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3?i'osi>ectxigi, PROPOSED PROSPECTUS OF THE Jg'AKAHU QOLLIERY QOMPANY (LIMITED.) Capital, £SOOO, in 5000 Shares of £1 each, payable as follows : —Two Shillings and Sixpence per Share on applica tion : Tsvo Shillings and Sixpence per Share on allotment : and One Shilling per month afterwards per share. PROMOTERS John Hayhurst, Esq., Temuka. Thomas Hardcastle, Esq., Kakahu, A. W. Ensor, Esq., Orari. R. V. Barker, Esq., Orari. McKay, Esq., Manager of Bank of. New Zealand, Terauka. _ James Bruce, Esq., Timarn. Amos Shcrratt. R-sq., Geraldine. Bankers : Bank of New Zealand, Solicitor : A, St. G. Ilamersley, Timarn. The Promoters having had the very valuable property (as described below) offered to them by the proprietor, and having made very satisfactory arrangements for the purchase or lease of the same, they have determined to place the property and the advantages connected with it before the public, and to develop, what in their opinion, must prove to be a most successful undertaking and one that will prove of ■ immense advantage to the district of South Canterbury. A small amount of Capital will be required to purchase the necessary machinery and to put the mine in good working order, so that the Company will be able to pay dividends shortly after starting. Large Lime Kilns arc now in course of erection close to the property, The particulars of the property are as follows;—It is Freehold, of 20 acres in extent, the property of Mr George Merdith. In the land two-shafts have been sunk - the main or working shaft is Oft by oft wide, and is 32ft deep, from which Coal has been raised from a seam 2ft thick. The shaft is timbered from the surface. The other shaft referred to (half a chain from the main shaft), is 7ft by 4ft wide and 45ft deep, and is well timbered, and has been sunk through two seams of Coal of oft and 4ft respectively, and on to a 2ft Gin seam. Fire Clay, and an excellent Chalk is likewise found in largo quantities, and is pronounced by competent authority to be eminently adapted for pottery and sanitary pipes, gas retorts, firebricks, &c. The Coal is easily obtained, and is of the finest quality for household and manufacturing purposes, and its superiority for the production of gas, and for steam purposes, has been proved by reliable tests, As this Coal is admitted to be a really good Coal for steaming purposes, it, is proposed to have constant supplies in depots, so that the public can always get what they may require. Building Stone is found on the property, and Marble within a few chains, of a very superior description, also abounds, The Building Stone is a fine white stone, easily worked, and docs not disintegrate from exposure to weather, some quantity of this stone having b:en used in tire building of the Christchurch Cathedral. A large quantity of good Timber is in close proximity to the ground, and easily obtainable. The Coal has been tried for steam purposes, and found to answer admirably, as the following testimonials show : “Timaru, Nov. 29, 1880. “To Mr George Meredith, Kakahu, “ Sir, —I have used the coal supplied by you from the Kakahu coal mine (about five tons) in ray mill in Timaru, and found it most satisfactory, and consider tire coal well adapted to be used for steam purposes. (Signed) “ John G. Allen.” “ Eclipse Brewery, “ Temuka, Nov. 1, 1880. “ To Mr George Meredith, Kakahu. “ Sib, —I have used the coal supplied by you from your coal mine, Kakahu, for my steam engine, mixing it with Newcastle coal, half and half. I found it answer admirably, much better than Newcastle coal alone. I consider the Kakahu coal well adapted to be used for steam purposes. “ I am, yours truly, “Francis Franks.” PROBABLE PROFIT ON THE COAL IS 7S 9D per ton. Cost of obtaining Coal. £. s. d. Cost to obtain Coal at pit’s _ mouth, per ton .. ~050 Cost of haulage to nearest Railway Station, per ton .. 0 7 0 Freightage to Timaru, per ton .. 0 2 3 £0 14 3 SALE OF COAL IN TIMARU AT 22S PER TON. Prospectuses and farms' of Applications for Shares, can be obtained at the offices of the Bank of New Zealand, Timaru, Temuka, and Geraldine. Shares can plied or and any information given as to the proposed working of the Company, at the offices of Mr THall, Mr Granger, and Mr Hamcrsley, at Timaru, Mr A. Shelratt, at Geraldine and Mr Wills, at Temuka. Notices. JQR. KING’S DANDELION AND QUININE PILLS, Without any Mercury whatever Act quickly on the Liver Mildly on the Stomach Relievo and clear the Head Regulate the bile and all secretions. DR Kli d’S DANDELION AND QUININE PILLS, a most safe, certain, and relieving Medicine always to have at hand for Congested Liver and its consequences, Headache, Sickness, Shoulder pains, Heartburn, Indigestion, Dizziness, Consumption, Flatulence, Torpitidy. DrKing’s are the best Liver Fills. Boxes, Is, and 2s 9d, sold by all Chemists. Jp AT If N T WROUGHT NAILS. J. J. CORDES k CO., The Patentees and Sole Manufacturers of Ihe well known Patent Wrought Nalls commonly known as “ EWBANK’S NAILS,” desire to make it known that a “Star” or “ Cross” is their Trade Mark, and that all Nails made and sent out by them, except clasp, hear this mark upon their heads, and that within every package sent from their Works is also placed a card hearing their Name and Address. Any Nails, therefore, which are not distinguished as above, must not be confounded with “Ewbank’s nails,” the quality of which is so well appreciated as being a superior to that of any other make. DOS WORKS, NEWPORT, MONMOUTSHIBK, England.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/SCANT18810812.2.23.5

Bibliographic details
Ngā taipitopito pukapuka

South Canterbury Times, Issue 2619, 12 August 1881, Page 4

Word count
Tapeke kupu
946

Page 4 Advertisements Column 5 South Canterbury Times, Issue 2619, 12 August 1881, Page 4

Page 4 Advertisements Column 5 South Canterbury Times, Issue 2619, 12 August 1881, Page 4

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