Page 3 Advertisements Column 2

Inangahua Times, Volume II, 10 August 1881, Page 3

CAUTION TO SPORTSMEN. NOTICE fs.hereby given tbat'on and after this dale any§ Person or Persons fround Entering on, SHOOTING UPON, or oiberwise TRESPASSING on MY LAND,'Bitua(e at*'the Lr.FTHAND BRANCH, will be PROSECU* TED ACCORDING <oL*W. M. G. GKF.EN, Reefton, 4th July, 1881. £ Farmer, AlexindenlColquhoun, 1 j GARDENER, Keetton. p\ ARDEN3 LAID OUT tend Jkeptjn VT Order at per;/day>r;(ptr*;agree. meat. Frail Trees aod Bushes for "Salef;"also, a Prime Sample^of Bone' Dust at £15 per ton. JOHNSTON'S UNITKD MINING COMPANY, LIMITED. GriD Mining & Mineral Lea'E I.1 '. BEDSTEAD GULLY, COLLING VI OOD. Nominal Capital £20,000. in 20.000 Shores of £1 ea«h • of ;«hese ,1668 are Paid up, 11,676 are Suhstiibed for, aod Mie butanre. 6C58, upon whicb 2s 7s<l*per Share is .Paid np are offered to the Public at 3s|per Share. DiEECTOns : Messrs Bunny, Parker, Palmer, Franzen, Anderson.'Johnston, and Jones. Legal Manager: A. D. Bayfeild. Leases comprise, Minerol Lwse of 97 acres, willnn which is a Gold Minir.g Lease of 16| acres ; these Leases cover ground originify held by U»e "Per. severance," •• Deeim »l," and other Com panics in Bedslewd Gully. Collingwood, and coo' aio metaliferous deposits o! Gold. Silver, Copper, Lead, and Zioc, be'ieved to be io vast qu-miiies, and easily procurable by judicious maD«»*<enient— for the last year Mie Compiny have steadily been proving the Mine. Part of the Sou' WVsievu Corner of this ground was worked by l'»e •• Per severance," and, Io a very sm^ll ex'fnt, also ihe "DecioiHl" Company, f»O'H which (by statements of <hese Com* pnnies) it is shown that £12,000 wor'h vf Gold wqs procured from a very small piece of ground, Ihe • De.imal Company ' alone giv ng £2000 from a space of 16 to 20 ft., vide memo from the late Mr Buckeride, the Legal Manager of Ihe 1 Decimal Company,' to Mr Johnston. Mr Buekeridye farther stales fbf>t h : 8 Company were unable to work their ground owing to great jealousies he'ween the (wo Companies, vu<\ tbe hinh charges imposed upon their Company hy Ihe 1 Perseverance Co>npnny ' for 'lie u-se of water and ihe right to wo.k f r om th» 'Persevejance' ground. Mr Burkeridse concludes his memo by saving, ' but owing to the great expense whidi it ap» peared would be necpssnry and to (he Com I any *8 Capilnl being exhausleri, the claim wasultinip'ely abandoned, nil hou^h the 8ha r eho'ders and others believe (hat there is a large amount of Gold in their own and »he'PeMever«nce' claims.' The *Persever» nee Company' worked (heir ground from an incline sliofi, and having inadequate pumping a.<paraiU9, were prevented from coulinuinf? work, a report of Mr J. C. Ifichroood's to Ihe Shareholders of Ihe ' Perseverance Com* pttny,' advocn'fd operations from either Bedstead Gully or Kelly's Crp<*. The Directors of 'Johnson's United Company ' haye hnd an exhaustive survey made and numerous levels taken hy Mr Rochfort, C.E., and bxve deter<n : ned in acting on Mr I? or h Tort's advice to pul in a tunnel from Kelly's Creek, and Tenders are now railed to Hiivo 400 ft, when the Quir z Reefs should be first met with, this drive will also thoroughly drain the ground. Just outside of the Sou' hern Boundary there is an outcrop of Silver Ore, dipping towards the Company's ground ; this bas not been worked, alfhon^ti specimens as* sayed gave a yield of over lOOoz* per lon of ore. Assay returns of Galena have given 70oz* of Lead w<'th 30oz< of Silver. Yellow Sulphide of Copper 6ft in wid<b and driven on for 30ft w;<s found in (he ' Perseve ante Company's ' ground ; this yielded about 30 per cent of meial, and was accompanied by highly payable Gold, apart from the koowo rich gold bearing quartz. The Mine is an exceptionally good properly ; Ihe failure of former Com* panics is tncenble to a very great extent io the want of experienced control over (hose working in Ihe M>'ae, aud proper economy in working expenses. In inviting ihe Public io lake Shares, tbe Direc'ors assure intending investors that no exorbitant tutldy wiil be made in cost of getting these Shares taken up, present holders are fully determined io prosecute wo r k, and, as a guarantee of good faith, have, by resola'ion duly re* corded, agreed to wilbhold dealing with their Shares for at least two irootlis. Many of the old workings, particularly the inclined ehalt. will prove of value in the re- opening of ihe Mine. Applications lor Shares mu*t be ac« companied ly a deposit of Is per Share, and a further payment of Is per Share will be required on allotment, and the balance of Is per fbare three monihs of.erdaleof allotment, or a discount of 2|d will be allowed to any person m?k« ing full payment of (he 3s per Share on application ; the whole of ibe proceeds Ircm the' sale of these Shares will be expended in developing tbe Mine. Applications for Shares will not be received alter the 25th August, and ow* ing to the very low price asked, as against the known value of ibe properly, the Directors reserve to themselves the right of closing list of Subscribers prior to (he 25th August. From the character of the undertaking, and its certainly of success, no doubl exists as to the profit (hat will ensue. Applications for Shares io be made to the Legal Manager, A. D. Bayfeild, Hardy»Btreet, Nelson, or to Mr. Thomas Leb, Bridge-street, Keefton. Tbe Company's financial position on the 25th July, 1881, Djj. £18 13s 9d ; no other liability.