Page 3 Advertisements Column 2

Temuka Leader, Issue 401, 16 June 1881, Page 3

f TIROPOSED PROSPECTUS OF THE t , X KAKAHU COLLIERY COMPANY, LIMITED. B i In s<ioo Slaves of £1 each, Payab eas foi.ows :—Two shillings and sixpence per Share and on application; two , shiilin gs and sixpence per Share on allotment ; and one shilling per month a itt wards p«'i" Share, 3 * Pk'/MOTEBS, John Esq, Temuka Thoww-8 ITardeastle, Esq, Kakahu A. W- Enso>, Esq, Orari b'. A Esq Orari D. McKay, Esq, Manager Bank ot JS ew Zealand, Temuka Ja rocs Bruce, Esq, Timaru Amos Sherratt, Esq, Geraldmo. Baskehs. Bank of New Zealand, J Solicitob : A. St, G. Hamersley, Esq, Timaru. The Promoters having had the very valuable propertv (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 placa 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 iu good working order, so that the Company will be able to pay dividends shortly after starting. Large Limo 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 Meredith. In the land two shafts havo boen 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. The other shaft referred to (half a chain from the main shaft) is 7ft by 4ft wide and 45ft dcrp, and is well timbered, and has boon sunk through two seams of coal of sft and I 4ft respectively on to a 2ft Gin soam. Fire ; clay is found in lai'ge quantities, and is pronounced by competent authority to be eminently adapt ed for pottery and sanitary pipes, gas retorts, fire-bricks, &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 hare constant supplies in depots, so that the public can always get what they may raquire. 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 exposuie to weather, some quantity of this stone having been used in the building of tho 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. 29th, 1880. To Mr George Meredith. Kakahu. SIE, —I have used tho Coal supplied by you from the Kakahu Mine (about five tons) in my MiHat Timaru and found it, most satis- " ' consider the Coal Woll adapted .jr steam purposes. (Signed) John G. Allen. Mr George Meredith, Kakahu. Sin. —I have used the Coal Supplied by you from your Coal Mine, Knkahu, 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, &c, Francis Fbanks. Probable profit on the Coal is 7s 9d per ton. COST OF OBTAINING COAL. d. Cost to obtain coal at pit's mouth, per ton., 5 0 Cost of haulage to nearest railway station, per ton Freightage to Timaru, per ton 14 3 Sale of Coal in Timaru, at 22s per ton. Prospectuses and forms of Application for Shares can be obtained at the offices of the Bank of New Zealand at Timaru, Temuka and Geraldine. Shares can be applied for and any information given as to the proposed working of tho Company at the offices of Mr T. Hal!, Mr Granger, and Mr Hamersley at Timaru ; of Mr A. Sherratt at Geraldine, and Mr Wills at Temuka. R E I L L (late with b. wallis), CABINETMAKER, UPHOLSTERED FRENCH POLISHER, AND PICR-b FRAME MAKER BROWN STREET, TIMARU. AUCTIONEERS' NOTICE |~>t L 1 F F AND CO Have commenced business as AUCTIONEERS, COMMISSION AGENTS, AND VALUERS, In those premises in the Main North Road lately occupied by Professer Padget, and are now prepared to receive ali kinds of MERCHANDISE AND PROPERTY FOR SALE. At the suggestion of several patrons, and in connection with the above, a Library and Commercial Room have been opened for the use of Farmers and others requiring to transact business in town All the leading daily and weekly papers will be found in the Library, with a well selected and useful lot of books on farm ing, gardening, and the treatment of horses, cattle, sheep, &c. No fee for ad ruittance. Suggestions for new books Virpfly received. CLIFF AND CO., Auctioneers, Commission Agents, and Valuers Main North Road, Timaru AST E P FOR SALE PER TEMUKA LEADER OFFICE.