Page 4 Advertisements Column 2

Tuapeka Times, Volume VII, Issue 366, 20 June 1874, Page 4

Prospectuses. < PROSPECTUS op tub OTAGO PAPER -MAKERS' COMPANY (LIMITED). Capital £15,000, [n 3000 Shares of £6 each, with power to increaso. Deposit on application 10s., and on allotment 10s. per share. Provisional Directors: Mr. Horace Bastings, M.P.C „ George Bell, " Evening Star" „ W. J. Calder, Merchant, Invercargill „ D. F. Main „ James Marshall, Marshall and Copeland „ John Mitchell, Fergusson and Mitchell „ Andrew Mercer, Mayor of Dunedin „ Edward M'Glashan, M.H.R. „ David Proudfoot „ C. S. Reeves, M.P.C „ Robert Stout, Barrister, M.P.C. „ Robert Wilson, Merchant „ C. W. Flexman, Merchant Bankers : Bank of New Zealand. Broker : J. 3. Bradshaw, Temple Chambers. The great consumption of paper in the colony is very remarkable. The Customs returns for the year 1872 show the imported value to be the large sum of £83,382. Much of this money would be saved to the colony in the establishment of Paper. Mills, giving employment to many, and- utilising the waste products, and the natural grasses especially adapted for paper-making, which so largely abound in Otago. It is therefore proposed to form a Company for the manufacture of paper on a moderate scale at first, but which may afterwards be easily extended. An arrangement baa been entered into with Mr. M'Glashan — who ha"s for years devoted much attention to the subject — to acquire from him- several important concessions in connection with the Government Bonuses, amounting to £4000, and also the valuable site for the mills he has acquired at the Mataura Falls, for which he will accept 200 paid-up shares of the Company. The proposed site for the mills has many advantages. The immense water-power in point of economy for the driving of the machinery will be very great. The land consists of 25 acres, and adjoins a coal reserve, and coal is seen on the property itself. The main line of railway from the Bluff to Dunediu runs through it, and a station adjoins it. The raw material which will principally be made use of in the manufacture is in great abundance in the surrounding districts. Survey and levels of the mill site and race have been taken by Mr. Brunton, C.E., and plans and estimatts of machinery have been procured from B.itain. The services of a thorough practical paper maker have been secured, who will also take an interest in the shares of the Company. The material to be used has been tested by paper-makers, both in England and the neighboring colonies. The Directors, after careful inquiry in England and elsewhere; and from estimates they have received, have satisfied themselves that the capital of the Company is amply sufficient for the establishment of a mill for the manufacture of at least 500 tons of paper annually, and from the rate at which paper is now sold they have little doubt that the returns would enable them to declare a very handsome dividend annually. Nearly one-half of the shares are already taken up, and the balance are now offered to the public. As it is desirable to commence operations as early as' possible, application for shares should be at once sent in to Mr. Bradshaw, Dunedin (in whose office will be seen specimens and plans), and Mr. Calder, Invor- . cargill. A meeting of shareholders will be called for the election of Directors, immediately after the establishment of the Company. The Share List will close on 30th June. Agricultural Leases. ' TUAPEKA GOLDFIELD. Application for an Agricultural Lease. I HEREBY give notice that I have applied to the Warden for a lease of surveyed land for agricultural purposes, situate at and being section 44, block IV., Tuapeka East, comprising 79a lr - 12 p, ,or thereabouts ; and thai the said application will be heard at the Warden's Office, Lawrence, on July 8. Persons objecting to the granting of such lease must lodge the same with the Warden bef ore' 24 hours of the day of hearing. FINLAY MUNRO. TUAPEKA GOLDFIELD. Application for an Agricultural Lease. I HEREBY give notice that I have applied to the Warden for a, lease of- surveyed land for agricultural purposes, situate at and being section "28, block 1., Tuapeka East, •comprising 7a- lr 04p, or thereabout, and that .the said application will be heard at the Warden's Office, Lawrence, on July 8. Persons objecting to the granting, of such lease must lodge the same with the Warden before 24 hours of the day of hearing. THOMAS TRELOAR. TUAPEKA GOLDFIELD. Application for an Agricultural Lease. I HEREBY give notice that I have applied to. the Warden for a lease of unsurveyed land for agricultural purposes, situate at and being section 33, block IV., Waitahuna East, comprising 200 x acres, or thereabout; and that the said application will be heard at the . Warden's Office, Lawrence, on July 8. Persons objecting to the granting of such lease must lodge the same with the Warden before 24 hours, of the day of hearing. SAMUEL DUMBLETON. \ NOTICE. I T HEREBY give notice that it is my inten'J. tion to apply to tbe Waste Lands Board in Dunedin, at its first sitting after the expiration of throe weeks from the date hereof, [ to.excha.nge my Agricultural Lease — Section 06., block. V,, WsitfthunaEast, under the Goldfields Act, 1866, for » Lease under the Waste Lands Act, 1872. I THQ.MAfI REDPAXBT,