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OF THE §tmmr& attir tasrta Wh&tt §m Campus Registered, under " Th.© Mining Companies Limited Liability Act." CAPITAL, £6,000; in 6,000 Shares, of £1 Each. Mr. ROBERT GRIEVE, Blue Spur ; Mr. JAMES HARRIS, Lawrence ; Mr. MICHAEL MONAGHAN, Lawrence Sawte : Into ; . BANK OF NEW ZEALAND. HAVES AND ARBUCKLE, Accountants, Lawrence Mk. WILLIAM HAVES. FTIHIS Company is formed for the purpose of constructing a Water Race to convey water from the Beaumont River to the banks of the Tuapeka River (a distance of about thirty miles). All the way along its course it will command an extensive area of well-known auriferous country. The first right to twenty-four heads of water has been secured by the present proprietors. A promising quartz reef has been discovered on the Hue of the race, which will render the property additionally valuable. Upwards of £800 has already been expended on the works. The Race has been levelled throughout, and the General Government has granted the Proprietors a subsidy of £2000 under the Public Works Act, 1870. The Proprietors retain 2000 paid up Shares, 200Q will be offered to the public, and the remaining 2000 will be retained for distribution among the shareholders. The sum- of one shilling per share to be paid on application ; 2s. 6d. on allotment ; and the remaining 16s. 6d. in calls periodically as funds may be required ; and no call to exceed 23. 6d. a month. The Share List will be kept open until Saturday, March 1, 187 S. Immediately after the allotment a special meeting will be held for the purpose of electing Directors, and making other arrangements for the proper management of the Company. For further particulars, apply to Hayes anj> Arbuckle, Sharebrokers, Lawrence; or, Mr. Richard Henry Leary, Accountant, Dunedin, to whom applications for shares may be made. PROSPECTUS OF THE $mitm-wk §tulj %mrii ISitiiirg Cotnpnir. To be Registered under the " Mining Companies Limited Liability Act." CAPITAL, " £3,000 ; IN 3,000 SHAMS, OF £1 EACH. The Prospectors retain to themselves 600 paid-up Shares, and the remaining 2400 are offered to the public on the following terms, viz., Is. per Share to be paid on application, 2<3. 6d. on allotment, and the remainder in calls not to exceed 2s. 6d. per month,, until the capital of the company is called up. 3Pro&isiffnal gimta: GEORGE MACKAY, Roxburgh • JAMES WOODHOUSE, Roxburgh THOMAS CAMERON, Roxburgh JOHN KINASTON, „ GEORGE BIDGOOD, „ PETER BOYD. JOSEPH TAMBLYN, Coal Creek M. E. MANUEL, Coal Creek fattta : BANK OF NEW ZEALAND. rpHE ground of the Compaay consists of about 5 acres, adjacent to the Fourteen-mile Beach, through which the reef runs for 1 a distance of 1200 feet. The reef, so far as it has been prospected, is well defined, and varies in thickness from Bto 22 inches. Several experienced miners have expressed it as their opinion that, from the nature of the ground which the reef traverses, there can be no. doubt as to its permanency. There has been, a trial crushing of a ton of stone from the reef at the Government Battery, which yielded better than 9 dwts. of gold> though the character of the stone sent could not be considered an average sample, it being largely intermixed with willocks Itesides this trial, there has been a few small tests, none of which yielded less than at the rate of 3 ozs. to- the ton and one test, at the Bank of JNew Zealand, Roxburgh, yielded at the rate of nearly 5 ozs. to the ton. From the situation of the reef, every facility is afforded for working it, as the quartz, to a depth of 400 feet, can be extracted by means of tunnelling, which may be commenced on the reef in tho Company's gro-ind at a 400 feet level. There is also a water race, containing an ample supply of water for the working of a battery of any number of stamps up to fifty, on the Company's ground, and this may be either rented in whole or part on the most reasonable terms from the proprietors. It is proposed that, aa soon as 1200 shares are disposed of, to convene a general meeting of the shareholders, to make the necessary arrangements for the woiking of the Company, All applications for shares to be made to- the Secretary, J. C. Savage, Roxburgh. The Share List will close on the Ist March.

NOTICE. WE beg to intimate that we have this day sold to Mr. Alexander M'Duff the Goodwill, Stock, and Book Debts of the business hitherto carried on by us at Tapanui; and, while thanking our friends for past patronage, we would respectfully for our successor a continuance of those favors, so liberally bestowed on. ourselves^ STEWART AFD GOW. Tfcpanui,. October 21st. WITH reference to the above, Alexander M'Duff has much pleasure in announcing^ that he will carry on the business with the same spiritand liberality displayed by his predecessors, and that no effort will be- wanting on his part to supply the requirements of the Tapanui District and give every satisfaction to those w.ho. will entrust him with their orders. ALEXANDER M-'DUFF, GENERAL MERCHANT, TAPANUI, NEW ZEALAND INSURANCE CO.. Grant Insurances upon Dwellings, Stores, Shops, Hotels, Mills, and every description of Building ; also, upon Stocks, Furniture, and Hay and Corn Stacks, at lowest current rates* Thia Company has prior claims upon public support as it is a Local JxsTrnJTiojj, the whole of its funds being retained and invested in tho Colony. Agents fob Tuafbka— HEßßEßT and CO. GEORGE W. ELIOTT, Agent for Otago. ;

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/TT18730227.2.15.2

Bibliographic details
Ngā taipitopito pukapuka

Tuapeka Times, Volume VI, Issue 265, 27 February 1873, Page 7

Word count
Tapeke kupu
917

Page 7 Advertisements Column 2 Tuapeka Times, Volume VI, Issue 265, 27 February 1873, Page 7

Page 7 Advertisements Column 2 Tuapeka Times, Volume VI, Issue 265, 27 February 1873, Page 7

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