The Sun.
London, England, 1853-03-29 00:00:00

Kelly and Co., 19 and 20, Old Boswell-court, London.

THE FEATHER RIVER LAND and GOLD
MINING COMPANY, Nevada District, California.
Established in France as a Societe en Commandite, by which the
responsibility of Shareholders is expressly limited to the amount
of their subscriptions.
For the purchase of a valuable freehold auriferous landed estate,
21,600 acres in extent.
Capital, 800,000/., in 150,000 Shares of 21. each.
To be increased to 500,0001. so soon as dividends to the amount of
twenty per cent. have been paid on the present capital, which is an-
ticipated from the first twelve months' actual operations.
Seventy-eve thousand of the above shares will be issued at once, of
which twenty-five thousand have been subscribed for in New York ;
and the remainder are reserved to be issued when the property has
been inspected and reported upon by a surveyor, and approved of by
the Board of Supervision, or sooner, should a general meeting of the
shareholders so determine—no payment beyond a deposit of live per
cent. upon the first moiety of the purchase money to be made to the
vendors until the property be thus approved.

BOARD OF SUPERVISION.
Paris —Monsieur Drouillard, Banker and Director of the Lyons
and Mediterranean Railway.
, Monsieur Monternault, Director of the Paris and Orleans
Railway Company.
In London—John Bagsbaw, Esq.
R. Hartley Kennedy, Esq.
„ H. W. Schneider, Esq.
John Stewart, Esq.
If Charles Trueman, Esq.
„ Capt. Leicester Vernon, R.E.
GERANT IN Paws—Mons. Ennemond Bagary.

BROKERS.
Messrs. G. Barnaud & Co., Cornbill.
Messrs. Foster and Braithwaite, Old Broad-street.
BANKERS IN LONDON.
Messrs. Heywood, Kennards, and Co.
The London and Westminster Bank.
BANKERS IN PARlS.—Messrs. P. Gil and Co.

SOLICITORS.
Messrs. Yenning, Naylor, and Robins, Tokenhouso-yard.
SECRETARY.—Mr. William Bray.
Offices. In London :-64, Old Broad-street ; in Paris, 79, Rue
Richelieu. _ _ _ _ .

This Company has bees enabled to secure, in the celebrated Ne-
vada District, Calitornia, the right to purchase the large property of
Thos. 0. Larkin. Esq., reported upon, as after mentioned, to contain
21,600 acres in extent, and to possess extensive gold-bearing quartz
veins and auriferous deposits, and gold !washings, and to be well
adapted for agricultural purposes. •
The property is described as being situated on the west bank of
the Feather River, which is a tributary of the Great Sacramento
River, and to be at a distance of about 195 miles brwater communi-
cation from San Francisco. The Sacramento is at all times naviga-
ble for steamers ; and it is stated that, during a greater portion of
the year,.vessels can navigate the Feather River up to the property.
The estate is freehold, and the vendors guarantee an indisputable
title, free from incumbrances.
The mineral importance and value of the property will be best
Judged of by the following extract from the report of the Surveyor,
Nicholas Gray, Esq., who, in September, 1852, surveyed it as an officer
under orders from the United States Government. After giving a
detailed description of each lot, he sums up his report as follows :
" I class the whole estate, containing 21,656 70-100 acres, as mi-
neral land. Gold is found from the bottom of the smallest gully to
the summit of the highest mountain on the land, in the soil as in the
quartz rock. Some indications of iron are to be observed at the
south-west corner of the Table Mountain. Quicksilver has been dis-
covered in the same vicinity, and I have been informed by men of
veracity that a few diamonds have also been dug from the slope of.
the same mountain. The whole front of the estate on Feather
River is about 24 miles, taking its meanders, and I believe the go!d-
bearing quartz rock is to be found all along the bank of that stream,
and extending back generally two or three miles. By reference to
to the map you have all the principal points laid down of quartz
rock, rich diggings, &c."
Further important details will be found in the accompanying
document and map of the property; and other particulars of an in-
teresting nature respecting this extensive territory may be inspected
at the office of the Company.
Mr. Gray states in his Reports that specimens of the quartz veins
were taken by him from the estate. These Mr. Larkin forwarded to
London for anai3 sis, and the result of that analysis, as given in the
appendix, shows that with careful management a large return for the
capital invested may be reasonably expected from the Company's
mining operations.
The working capital of 100,0001., leaving the remainder for pur-
chase money, will, it is anticipated, be amply sufficient to conduct
all the operations of the Company; end it is intended to expend
the same chiefly in erecting extensive central mills for grinding the
auriferous quartz on the property, and for reducing and extracting
old from its matrices, whether sands, earths, or quartz, in the
e eotnhoempi
property,
e rmanner;ty.
whosearnedn
rents
also in
de
bne-
couraging uponfarmeprsertofeestlettlaend
of its mineralriches.
The the extraction
commensurate with its value and location, and who would In no
tmhoestg complete,
way interfere
d to sell the property at a price one-half of
included in the present capital. and the remaining half
which is
the capital is increased to £500,000, and when
is to be paid when
amount of 20 per cent. have been paid to tt e
The vendors have agree
dividends to
probably not one-hundredth part of the mere
in mollies is
thus paid
to be extracted ofr m the lands, independently of
Shareholders thells be.fore mentioned. The entire price-,- to be
value of the gold
fairness by the vendors, who do not seek
been met with the greatests a deposit of 5 per cent on one moiety
their fitness and eligibility for cultivaiiox ; anti the company have
to be paid for the estate, e.
.1
of the purchase money,
shall have examined the estate, reported upon
Board of Supervision, • the prospectus. The
min an English surveyor, nominated by the
f urchase•money payable out of the
price per acre on the portion o p
present capital is less than 10/.
desirable that a town shalit, and declared it to be in accordance with
l be erected
The Company may find it
advantages
-
river ; and as great facilities and advan
sear the junction of the Feather River with thewill be offered to resit
north fork of tha
dents, the particular lands to be set apart for this city, looking at the
lise prices sufficient to re-
peopled, may probably, in a few year% rea
well known rapidity with which American cities are created and
store to the Shareholders the entire P the estate is
An organised system of granting leases of mines on
s to this Com-
pany; in contemplation, which will yield large return
tt ntlon of
urchase money.
and the Board of Supervision desire to call the a e
e of farm-
other individuals and companies contemplating the pnrchas
ing lands, alluvial diggings, cr quartz mining locations, to their vast
tracts of territory. The Boars will be prepared to make sales and
grant leases of portions of the Feather River Estate.
The Board of Supervision believe that they indulge in no exagge-
ration when expressing their conviction that the estate fairly put to
work to its full capabilities will, for many years, annually yield as
dividend—what may reasonably be expected from all succes
ful gold
companies—at least 20 per cent. on the entire capital besides
bonuses. The investment in the shares must, therefore, be equal to
that offered by any other company, either in Australia or California.
The Board of Supervision will have the power of carrying out the
contract with the vendors, and of settling the statutes of the com-
pany, under which all its affairs will be regulated. The deposit will
be 21. per share, thus paying up the shares in lull at the time of allot•
ment, and all deposits applicable to the purchase money received
from shares sold will beheld in like manner as the shares wouldhave
been if not sold—viz., until the surveyor's report has been received,
quiet possession given, and a good title exhibited, and a proper con-
veyance executed.
Applications for shares to be addressed to the Secretary, and to
`he Brokers of the Company ; and no application can receive atten-
ton unless references be given to Bankers or Stockbrokers.