Sippel Bros., tobacconists, Gulgong
Source: SLNSW
Source: SLNSW
NEWS ITEMS
1872 - PROSPECTUS
PROSPECTUS OF THE GULGONG GOLD MINING AND QUARTZ CRUSHING COMPANY, LIMITED. - THE ROYAL GEORGE REEF LEASE, GULGONG.
To be registered under the Limited Liability Act, 24th Vic, No. 21, whereby the Liability of Shareholders is limited to the amount of their Shares.
NOMINAL CAPITAL ..... £18,000
ln 18,000 shares of £1 each, of which 9100 are reserved for the original promoters, and 8900 are offered to the public Two and sixpence per share to be paid on application; five shillings per share on allotment; and two and sixpence per share one month after allotment; and the balance in calls not exceeding one shilling per share per month.
PROVISIONAL DIRECTORS:
- William Sippel, Esq., Sydney and Gulgong
- S. Bellinfante, Esq., Barrister-at-Law, Gulgong
- John Meers, Esq., Burrundulla, Mudgee
- P. O'Neil, Esq., Gulgong
- William Bradbury, Esq , Gulgong
- Henry Sippel, Esq., Sydney
- William Meers, Esq., Gulgong
BANKERS:
Oriental Bank, Sydney and Gulgong.
The Company possess seventeen and a-half acres of ground, on Lease, situated on the Royal George Reef, near Green Swamp, about nine miles from Gulgong, and they offer part of their interest to the public for the purpose of obtaining sufficient capital to fully develope the rich auriferous quartz reefs in the ground, and to purchase first-class quartz-crushing machinery.
A large amount of work has been done in prospecting the reefs in the ground. There are five distinct reefs running through the lease, and the ground is full of rich auriferous quartz veins; trial crushings have been made of quartz taken from the surface, and at various levels of the reefs to a depth of sixty feet, giving most satisfactory returns, which proves beyond doubt that the reefs in this ground are highly auriferous, and increase in richness, from the surface downwards, and that when opened to a greater depth by putting down main shafts, and fully developed by the application of more capital, this will prove one of the best payable mines in the colony.
...
Application for shares to be made to the agents— Mr. William Sippel, Queen-street, Gulgong; and Mr. R. Robinson, Mining Agent and Stationer, Queen-street, Gulgong; and to Messrs. Chatfield and Son, 69, Pitt-street, Sydney; and to Mr. Henry Sippel (Messrs. Sippel Bros), 526, George-street, Sydney, from whom prospectuses, forms of application, and every information may be obtained, and gold-bearing quartz from the reefs seen.
Form of Application.
To the Provisional Directors ef Gulgong Gold-Mining and Quartz-Crushing Company, Limited.
I have to request that you will allot me ____ shares in the above Company, and I hereby agree to accept the same or any less number that may be allotted to me, and to sign the Deed of Settlement and the Rules and Regulations of the Company when called upon to do so. And I herewith hand you a cheque fo £__ , being the deposit of 2s 6d per share.
Name in fullOccupationAddress
Dated this day of 187.
1872 - Gulgong Gold-mining and Quartz-crushing Company (Limited).
The following alteration in the Prospectus reached, us too late for correction : The Agents for the Company are — Mr. William Sippel (Sippel Bros.), Queen Street, Gulgong; Mr. R. Robinson, Mining Agent and Stationer, Queen Street, Gulgong; Mr. Henry Sippel (Sippel Bros.), 526 George Street, Sydney ; and Messrs. Chatfield and Son, 69 Pitt Street, Sydney.
We have made arrangements for printing our Journal on the premises, and are in possession of the necessary material for so doing. From this date, too, we are prepared to execute all orders in the printing line with which our friends may favor us.
Source: The Irish Citizen (Sydney, NSW : 1871 - 1872) Sat 13 Jan 1872 Page 61886 - [BRANCHES AT YOUNG, GRENFELL & GULGONG]
