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Public Notices, PROPOSED PROSPECTUS OP THE (LIMITED.) Capital, £SOOO, in 5000 Shares of £1 each, payable as follows Two Shillings and Sixpence per Share on applica tion : Two 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, Temuka. James Bruce, Esq., Timaru. Amos Shcrratt. Esq., Geraldine. Bankers ; I Bank of New Zealand. Solicitor ; A, St. G. Hamersley, Timaru. 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 are 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 9ft by sft wide, and is 32ft deep, from which Coal has been raised from a seam 2ft thick. The shaft is | timbered from the surface, j The other shaft referred to (half a chain from the main shaft), is 7ft by 4ft wide and I 45ft deep, and is well timbered, and has been sunk through two scams of Coal of sft I and 4ft respectively, and on to a 2ft 6in seam. Fire Clay, and an excellent Chalk is likewise found in large quantities, and is pronounced by competent authority to be 1 eminently adapted for pottery ancT sanitary pipes, gas retorts, firebricks, &o. The Coal is easily obtained, and is of the finest quality for household and manufacturing purposes, and its superiority for the reduction of gas, and for steam purposes, as 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 does not disintegrate from exposure to weather, some quantity of this stone having boen used in the building of the Christchurch Cathedral. A large quantity of good Timber is in close proximity to the ground, and easily, 1 obtainable. I^akahu

The Goal 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 supplh dby you from the Kakahu coal mine (about fire tons) in my mill in Timaru, and found it most satisfactory, and consider the coal well adapted to be used for steam purposes. (Signed) " John G. Allen.” " Eclipse Brewery, “ Temuka, Nov. 1, 1880. “ To Mr George Meredith, Kakahu. “ Sir, — 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.” PBOBABLE PBOFIT ON THE COAL IS 73 9® PER TON. Cost of obtaining Coal. £: s, d. Cost to obtain Coal at pit’s mouth, per ton .. ..050 Cest of haulage to nearest Railway Station, per ton .. 0 7 0 Freightage to Timaru, per ton ..023 £0 11 3 SALE OP COAL IN TIMARU AT 228PE8 TON. Prospectuses and forms 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 Hamersley, at Timaru, Mr A. Sherratt, at Geraldine and Mr Wills, at Temuka. Venetian Blinds ■VENETIAN BLINDS At Moderate Prices. PATTERSON, BURKE AND CO., Maclaggan Street, Dunedin, and Church Street, Timaru, FRUITERER, CONFECTIONER, AND GREENGROCER, Next to Cowan and Foster’s, Main South Road. Edward ]M[ itch el l (Late George Cliff). None but the Choicest Selection of Fruit and Vegetables kept. Fresh Supplies daily. Tea, Coffee, and Refreshment Rooms, Pastry. All orders punctually attended to and delivered at any residence in town. AUSTRALIAN GRAIN AND PRODUCE WAREHOUSES, 82, Boubke Street West, Melbourne. cGREGOR GORDON & CO„ Grain and Produce Merchants and General Auctioneers, Make advances upon Grain and Grass Seeds consigned to them for sale. DANCING. M R C. Patton Wishes to draw (be attention of lovers of the above that the Tradesmen’s Quadrille Assembly, meet every WEDNESDAY EVENING, in the Oddfellows’ Hall, Barnard street, at S p.m., and that he has engaged MU A, BAKER as M.C:, who will spare no pains in conducting the Assembly so that a thoroughly enjoyable evening|may be spent. Those desirous of instruction in Dancing may rely on every attention being paid them by Mr A. Baker, who will be in attendance at the Hall from 7 p.m. Mr Patton has also seemed the services of a First-class Quadrille Band. ® PATTON, Pianist.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/SCANT18810924.2.21.3

Bibliographic details
Ngā taipitopito pukapuka

South Canterbury Times, Issue 2656, 24 September 1881, Page 4

Word count
Tapeke kupu
954

Page 4 Advertisements Column 3 South Canterbury Times, Issue 2656, 24 September 1881, Page 4

Page 4 Advertisements Column 3 South Canterbury Times, Issue 2656, 24 September 1881, Page 4

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