Companies. PROSPECTUS OF THE UNITED EXTENDED GOLD MINING COMPANY (Rr.GtsTtur.D). Capital, £7500; in 3750 shares of -62 each. Manager (pro torn) — Mr Watt. Batvkebs — Bank of New Zealand. Soitcitobs— Messrs Rees & Tyler. Temporary Offic-«-.'U Messig Recs mid " Tylor. Tho United Extended Gold Mining Company, having obtained a scrantofnine acres of ground upon the Kanieri Flat, proposes to work the samo upon the system found to be the most advantageous both in Victoria and Kew Zealand. The nine acres belonging to the Company include :ill the claims immediately surrounding the Star Engine, together with a very large block of sound and •unbroken ground, known to be highly auriferous. The main reason why the rich claims above mentioned have thus been thrown inio a company, is that owing to repeated disagreements tho engines have ceased to work, and there is now no effectual drainage on the Kanieri. The Company have secured the Star Engine and plaut together with the centrifugal pumps, and it is proposed to raise sufficient capital to purchase a 40horse power engine, .with which to work the centrifugal p\imp for the draining of the Flat, and to use the present Star Engine to raise the dirt. The ground is to be worked upon a large scale, and machinery is, to a large extent, to supersede the past expensive system of hand-labor. As even under the old system, the whole of the ground, now held by the company, has been proved to be rich enough to give good .rages, and much of it able to afford over L2O per week per man, it is reasonably anticipated j that large dividends will be declareo. It j is proposed to sink an entirely new shaft ! in the new ground, and then proceed to take out the washdirt i'rom a large and unbroken face. / Even if there be no second or true bottom, there is sufficient gold at the present level to repay any r moderate outlay of capital with a handsome margin of profit ; but if, as is generally believed, there be Other layers of washdirt below the present workings, the shaivs in this company will prove of very great value. The capital of tha company will be L 7500, in 3750 shares of L 2 each. The following statement will show the amount oi" gold taken out of some of the Claims now belonging to tho Company during the foregoiag six months : — Paddy's claim . 1360 ounces Paul's do ... 650 Wishard'sdo ... 420 „ Morgan's do ... 1000 Butter's do ... 2879 „ Scotchman's do ... 400 , M'Kenny'sdo ... 200 „ Kerr'b do ... 200 „ The present shareholders will sell their interest for 1250 paid-up scrip, leaving a value of L 2500. Two thousand five hundred shares will be placed in the market for ?ale, and the work of the company will commence a-< soon as a sufficient number of these sh ires are sold Tho shares will be paid for us follows : — 10s on application. 10s on ullntnu-nt, and ihe balance by two calls, one and cwo months after the date of allotment. 5708 PEOSPECTUS OF THE MANCHESTER UNITY HALL COMPANY (Limited). Begistei'ed under the Joint Stock Company's Act of 1860. Capital, £2000 ; in 400 shares of £5 ench. £1 to be paid on application, and the balance by monthly instalments of £1 per share from the date of allotment. PfiOVISrONAL DI'JECTOIiS — Mr William Hen.-hay., Mr William Beuben Goodrick, Mr Walter TLom. Mr William r^T-rpn, T llr ci,i-1p« Thoinn« Malpis, Ivlr \ViilmLa j ? vs v *l )-s, Ivlr William Henry Pi-nDin^ron, Mr J.-mes Turner, Mr DTiuiel Lvn'-h, Mr P-uiiclc M'Gmre, aud ?»Ir Juit»ph Wymaik Allen. Bankehs — Bank of New South Wales. SOLICITOU3 — Messrs Button and Reic". Sepketaky (pro tern) — Mr William Reuben Goodrick. TIMP^ART < >FFICE — Oddfellows Hotel. Eevell street North. This Company proposes either to purchase a central and convenient site whereon to erect a spacious Hall, suitable for the meetings of M&sons, Oddfellosrs, Foresters, aud public bodies, as also for Ball?, Concerts, Lectures, and other public entertainments. In ihc event of a convenient site notbeing procurable at a price within the means of iho Company, it is proposed to purchase a building, which, by judicious alteration and enlargement, may be made to answer the purpose for which the project is started. Such a desideratum as a really commodious Hall has long been felt in Hokitika. and the promoters feel confident that the undertaking will prove a great success. From calculation based upon very moderate returns, it can be shown that the annual profits upo" the Hall will be at least 30 per cent, upon the original outlay. In connection with the public Hall it is proposed to erect a first-class hotel, capable of accommodating mcnibors of the Beveral societies and their friends who may be visiting or remaining in the locality, as also for the aceiimodatioi of 3'oung n-en engaged as employee* in the various establishments in Hokitika. It. isconsidered that the hotel should be sufficiently large to accommodate from 40 to 50 persons with separate sleeping apartments, together with a proportionate amount of paries, private rooms, &c. It is proposed to let the hotel to some competent person known to the community of Hokitika, as well as to the colonists generally. Thus, while the Hall wdWd be used for public purposes, the hotel in close proximity, would serve to accommodite those using it. Similar schemes, both upon a large and a small scale, have been found to answer admirably in London, Liverpool. Manchester, and other towns and cities in Great Britain, and also in Wellington, Melbourne, and the colonies generally. When half the shores have been taken up, it is proposed to register tho company, and call a meeting of shareholders for the olection of Director^ &c. Application for sh ir s to be mail? to theSi-erotaiy, at th ■ ivmpornry oflic - «>f the Company, Oddfellows' Jl .U:l, hevoll street North, on Monday, Wednesday, aud Saturday evening's, from 7 to 9 ©lock. '6536
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West Coast Times, Issue 382, 13 December 1866, Page 4
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984Page 4 Advertisements Column 1 West Coast Times, Issue 382, 13 December 1866, Page 4
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