Page 4 Advertisements Column 1

Tuapeka Times, Volume VII, Issue 368, 27 June 1874, Page 4

■s 1 • Prospectuses. PROSPECTUS Of THB OTAOO PAPER-MAKERS' COMPANY (LIMITED). Casual £15,000, In 8000 Share* of £5 each, with power to increase. Deposit on application 10s., and on allotment 10s. per skare. Provisional Directors: Mr. Horace Bastings, M.P.C. „ George Bell, "Evening Star" ( „ W. J. Calder, Merchant, Invercargill , „ D. F. Main I „ James Marshall, Marshall and Copeland 1 „ John Mitchell, Fergusson and Mitchell „ Andrew Mercer, Mayor of Dunedin „ Edward M'Gla»han, M.H.R. „ David Proudfoot „ C. S. Reeves, M.P.C. „ Robert Stout, Barrister, M.P.C. „ Robert Wilson, Merchant „ O. W. Flexman, Merchant ; Bankers : Bank of New Zealand. Broker; J. B. Bradshaw, Temple Chambers. The great consumption of paper in the colony is very remarkable. The Customs return! for the year 1873 show the imported ' Talus to be the large turn 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 product*,, and the natural grasses especially adapted for paper-making, which so largely abound in Otago. It if 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 has been entered into with Mr. M'Glashan — who has |or yean devoted much attention to the subject — to acquire from him Beveral important concessions in connection with the Government Bonuses, amounting to £4000, and also the valuable site for the mills he has acquired at the Mataur* Falli, for which he will aocept 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 hind 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-Dunedm runs through it, and a station adjoins it. The rmw material which will principally be made use of in . the manufacture is in great abundance ia the surrounding districts. Survey and levels of the mill sito and race hare beep taken by Mr. Brunton, C.E., and plans »nd estimates of machinery have been procured from Biitain. The services of a thorough practical paper maker have been "iecured, who will also take an interest in the «harec of the Company. The material to be used hat been tested by paper-makers, both in England and the neighboring colonies. The Directors, after careful inquiry in jEnglamd and elsewhere, and from estimates ;theyh»v© received, have satisfied themselves that the capital of the Company is amply sufficient for the establishment of a mill for "He manufacture of at least 500 tons of paper annually, and from tho rate at which paper is now .fold they hare, little doubt that the returns would enable them to declare a very ' haridJibfhe dividend annually. r pearly one-half of. the shares arealroady ' taken.up, and the balance are now offered to the publio. As it is desirable to commence - operations as early as possible, application for ,sharet silould he at once sent in to Mr. Brad- * ihawy Dunedin (in whose office will be seen specimens and plans), and Mr. Calder, InveroavguU - A meeting of shareholders will be called for "the ebotion of Directors, immediately after (ho establishment pf the Company. Xh*,Bh»r* list will close on 30th June. For Sale. FOR SALE. - - ... i rvNEjBIGKHTH SHASE in a sixteon-acre " Claim, Water lace, Dam, end Mining Plant, sitUata »t Potters Gully, Campbells. Also, a. flrst-olsss four-roomed Dwelling- , house, with Stable, Stockyard, Outhouses, and S acres of Land/ securely fenced and laid down in English grass, situate at Coal Creek , Bat. Apply to JOSHUA OHATBURN, : Coal Creek Flat, Teviot. ; FOB SALS. CII.E BY PLANTS, AT ■ .J. H V PBESSLY'S NURSEBY, ' y '. BOBS PIiAOH, lAWRBNOB. ' .v v F O B SALE, A VALUABLE EXTENDED CLAIM, containing 6 Acres', 2 Water Races ' (conynanding^a good supply of , water all the ' year), Horses, Trucks, Sluice Boxes, .aud : Plant complete, situtate at the Horseshoe ' !Ben&: • • N.B.— This is a Claim that will pay good wagtjs for, soars, and well worthy tho attention of "any pirty wishing to settle down to steady &nd'ren)unerative work, . ' Apply to ( JAMES WOODHOUSE, '<■-.' i. -. Union Hotel, Teviot. ~ FABM FOR SALE, \ npffAT eligible Farm situated on Clarks ' **" Flat, consisting pf a Freehold of 114 ' acMivtnore or less, all laid down in English 1 grsMM (some of which have been laid down . for thrps years), and fenced with live fences. . Also a new weatherboard House, with ' Bam, Water Wheel, 4c. A water race runs ] through th« property, which is also offered I for sale, Them is also » Garden, planted ' with fr^bewirig tree* and buebes, , , For iurjjjjpf s particulars, .apply on the ] farm to 1 * T4898F, ]