The Press.
London, England, 1857-01-17 00:00:00

JANUARY 17, 1857.

THE CALIFORNIA WATER COMPANY
(LIMITED).
Incorporated under the Joint-stock Companies' Act, 1856.
CAPITAL .C 310,000, in 82,000 Shares of .e 5 each.
i 3 payable ou Allotment. £2 on the let of May, 1857.
DIRECTORS.
The Right Honourable Viscount EXMOUTH, Montague-square,
and Cauonteign, Devonshire, Chairman
FREDERICK THOMAS PARSONS, Esq., Porchesterterrace, Hyde-
park, Deputy-Chairman
Sir T. HERBERT MADDOCK, M.P., Suffolk-street, Pall-mall
EICHARD THOMAS COUSENS. nil]. (Messrs. Do<XII and Commis),
Upper Thames-street and London-wall
HoRATIO N. DICKSON, Esq. (Messrs. Dickson, De Wolf, and
Co.), George-yard, Lombard-street, and San Francisco
FRANCIS LITTLE, Eeq., St. Jamotie-street, and Saleindiouse,
Lees, Lancashire
EDWARD Mamszarr, Esq., Chairman of the Burton Brewery
Company, Burton-on-Trent
WILLIAM NICHOLSON, Eaq., Old Trafford, Manchester
Putney OLIVER, Esq., Ashby-de-la-Zouch
WILLIAM WARNE, Esq., Chairman of the Linares Lead Mining
Company (William Warne and Co.), Gresham-street West,
and Tottenham
13.texxas--The Bank of London, Threadneedle-street and
Charing-cross
Souerroas—Messrs. Huties,Kearsey, Masterman, and Hughes,
ucklerebury
SECRETARY—W. W. Torrington, Esq.
Omega-28, POULTRY.
This Company is formed under the Joint-stock Limited Lia-
bility Act of last session, for the purpose of supplying the county
of Nevada and other districts in California with Water, and
especially for establishing and carrying to complet!on Works
situated in the county of Nevada, in the State of California,
which have been in progress for more than two years ; and also
for ne :misting for the purchase of other Works already in pro-
fitable operation.
*1 he whole of these Works command a district of thirty-five
miles in length and upwards of six hundred squats miles in
area, known to be auriferous throughout, and for the develop-
ment of which there is no other possible means of supply but
that which will be possessed by this Company.
The primary object of these Works is to give a steady and
continuous supply of Water throughout the year, for which there
is an UNLIMITED DEMAND, to the miners engaged in this, cue of
the most valuable and thickly-setUed districts of the whole
State of California.
It is well understood that the sole drawback to the still greater
productiveness of this highly auriferous region is the want of a
sufficient and continuous water supply for mining operations
during a considerable part of the year, known as the dry season.
The reports of tile two English gentlemen who were deputed
at different periods to investigate the merits of the enterprise,
together with a map of the district and detailed information by
which an estimate can be formed of the extraordinary prospects
of this undertaking, are published in a pamphlet, and may be
had at the Offices of the Company.
It may be sufficient here to state that the lowest dividend
estimated by these gentlemen, after making liberal allowance
for contingencies, exceeds 501. per cent. per annum on the en-
tire Capital.
An agent, selected by the Board, will be immediately sent out
at the expense of the projectors, with instructions to place him-
self in communication with au intluential mercantile firm at
San Francisco, and in conjunction with them strictly to inves-
tigate all matters connected with the undertaking.
If the result of such investigation prove satisfactory, the agent
will be empowered to complete the arrangements for carrying
out the objects of the Company forthwith. Should the Directors,
however, be induced by the report of their agent to decline the
purchase of the rights and works above alluded to, the whole
amount of the rubscriptious will be returned to the shareholders
without deduction.
To prove their confidence in the profitable character of this
undertaking, the Californian Proprietors have consented to
receive payineut for all their rigli,.a, interests, and outlay iu
shares of the Company, Class B, and have agreed that such
shares shall not for the period of three years from the comple-
tion of the purchase be entitled to titvidenu unless in the mean-
time a dividend at. the rate of z 0 per cent. per annum has been
paid to the Shareholders, Class A.
Twenty-nine thousand A shares only are now open to public
subscription, representing 1i
Applications for shares must 1)1 accompanied by the bankers'
receipt for a sum equal to 11. for every share applied for. This
alumnt will be applied towards the payment of the first deposit
on the number of shares allotted, and the surplus (if any) will
be hamediately returned to the applicant.
FORA OF APPLICATION FOR SHARES,
which may be either written or printed.
To the Directors of the CALIFORNIA WATER COMPANY (Limited).
Gentleineu,—having paid to the Bankers of the Company the
sum of .8 to your credit, I revert that you will allot me
shares of 51. each in the capital thereof; and I hereby
agree to aeceptasucii shares or any less number that may be
alio red to me, to pay the remainder of the ueposit and call at
the periods stipulated, and in all respects to conform to the
provisions of the Joint-stuck Companies Act, 1856, and to the
rules and regulations for the time being of the Company.
I WA, Gentlemen, your obedient servant,
Name in lull
Address
Occupation
Date