The Sun.
London, England, 1851-12-06 00:00:00

N°. 18,473.] LONDON, SATURDAY AkTINFG

ANGLO-CALIFORNIAN GOLD MINING
COMPA.N.Y.
(Incorporated pursuant to 7 and 8 Vict.)
Offices—No. 11, Adam-street, Adeiphi.
Capital, 50,1001.,
In 100,000 Shares of 10s. (fully paid up) each.
No Shareholder will be liable beyond the amount of his Shares.
TRUSTEES.
Charles Herbert Cottrell, Esq., Hadley, Herts.
George Emmett Green, Esq., Emmott Hall, Lancashire.
James Harmer, Esq., Ingress Park, Greenhithc, Kent.
CHAIRMAN.
GEORGE EDWARD COTTRELL, Esq., James-street, Buck-
ingham-gate; and New-square, Lincoln's Inn.
TICE-CHAIRMAN.
FRANCIS DENNIS MASSY DAWSON, Esq., 'Victoria-
square; and Plowden-buildings, Temple.
DIRECTORS.
John Barker, M.D., Richmond, Surrey.
Symeon Taylor Bartlett, LL.D. Cambridge.
Jonathan Felder, Esq., Penrith.
Charles Hincks, Esq., Birmingham.
Joseph George Parker, Esq., Warminster.
Sir C. S. Rumbold, Bart., Argyll-street, Regent-street.
RESIDENT DIRECTOR IN CALIFORNIA.
Captain Sir Henry Isere Huntley, R.N.
BANKERS.
London and County Bank, Lombard-street.
SOLICITORS.
Messrs. Coombe and Nickell, Bridge-street, Westminster.
SUPBRINTENDENTS IN CALIFORNIA.
James Maeonochie, Esq. William Godfrey Met, Esq.
SECRETARY (ad interim).
Mr. George Frederick Goodman.
This Company being now completely registered, the Directors
take the earliest opportunity of laying before the Shareholders a
statement of its progress and prospects.
It may be confidently asserted that no Company was ever brought
before the public with equal prospect of speedy and successful
results.
The prompt assistance afforded by the Shareholders to the Direc-
tors, and the perfect confidence in the management displayed by
them, have enabled the Directors to take such steps as must ensure
an enormous dividend within a few months.
Sir Henry Huntley, the resident Director in California, has been
in that country five months, and the course adopted by the Directors
for carrying out this enterprise results from the experience obtained
by him during that period. The instructions given to Sir Henry
Hunt ey were, in effect, that ho should make every possible inquiry
relative to the state of the country, the tenure of land, the com-
parative merits of the different quartz veins in the several districts
of California, and after mature deliberation to advise the Directors
as to their best course of proceeding, and to take such measures as
would enable them to carry out Ins views as speedily as possible.
Following these istatntctiana...lte bass secured for the benefit' of the
iellertp an y, sufficient lands for all mining purposes ; but he is clearly
of opinion, that for the present, at least, it is not desirable to under-
take mining operations, but to crush and amalgamate quartz to
be supplied by those who are posscsse4 of mines, and have raised
the quartz. With the assistance of some gentlemen of great
experience in geology and mining matters, he has inspected and
tested a great variety of veins in the Mariposa, Nevada, Grass
Valley, and other districts, and has come to the conclusion,
upon sound reasons, that the vicinity of Grass Valley and
Nevada City, is that which affords the greatest advantages for car-
rying on our enterprise. He has, therefore, entered into an agree-
ment with seine American gentlemen, who have formed a company,
and have opened, and, to a considerable extent, worked a vein of
quartz, di.tant about three miles from Grass:Valley and Nevada
City, and about thirty ssiles from Sacramento City, to crush and
amalgamate the quartz to be raised from the mine opened by
them. By means of machinery, he has already cru hed
and amalgamated considerable quantities of the quartz sup-
plied him from this mine; and the result of his operations
has been to satisfy himself that the vein is of a full average
richness, and that the locality oilers many important advantages in
the way of water, fuel, means of transit, &c., &c. He has, there-
fore, entered into a formal agreement with that Company, which, in
a few words, amounts to this: he is to be supplied by them with as
much quartz as his machinery shall be found capable of crushing I
the quartz is to be deposited at the mills free of expense ;
he is to crush and amalgamate it at his own expense, and
the geld produced is to be divided equally between the owners
of the vein and our Company. Formal and legal agreements
for carrying out the above arransement fairly and honestly, and
without any copartnership, have been entered into. Steam-engines
and machinery estimated to crush about thirty tons of quartz a day,
with fends sufficient for putting it in motion, have been placed under
the control of Sir Henry Huntley; and, unless some unexpected
delay has arisen, the machinery is now actually at work, and a
return will be made about Christmas next.
For the satisfaction of the existing shareholders of this Company,
and without wishing, in any manner, to deteriorate from the merits
of other Companies, the Directors are desirous of calling attention
to some of the more prominent advantages possessed by this Com-
pany over others now in the field. Shareholders in other Companies
must mainly rely upon reports sent over by persons interested in
selling the mine; we rely upon the reports of our own resident
Director and his practical assistants on the spot, whose only
interest is to give us facts. The Directors of other
Companies generally base the estimate of the value of
their mine upon calculations founded on experiments
upon a few pieces of specimen quartz, sent over to this country for
the express purpose of advertising the commodity offered for sale to
the British public; we found our calculations upon experiments
tried, during several weeks, on quartz raised from the mine, and
crushed and amalgamated by our own Superintendent, and with our
own machinery and apparatus. Other Companies propose to
incur the expense and risk of carrying out miniug operations
open their vein, before the quartz arrives at their mill, and, should
their labours prove successful, they must then pay out of their
profits large per-centages for obtaining their leases, and large royal
ties to their lessors ; whereas we have secured as much quartz as
our machinery is capable of crushing, the title to which is as secure
as that of any other company, unfettered by any percentage or
royalty. The half of the produce to be paid by this Company to the
parties who supply us, free of expense, with the quartz, being infect
merely equivalent to the dividend upon the outlay of capital ex-
pended in raising the quartz, and lodging it at the mill. All the
new companies, unlike this, must be a considerable time before
their arrangements and machinery can be ready for carrying out
their schemes--this Company alone is actually at work.
The paid-up capital of the Company will not exceed 20,0001. An
almost certain estimate of the produce of our machinery can be
formed, and, from the calculations made, the Directors confidently
anticipate being able even at the most moderate estimate, to afford
a dividend of 200 per cent., at the least, within the next twelve
months. According to the data furnished to us, the quartz which
we are now working yields upon an average 4d. per pound, or 11.
17s. 4d. per cwt., or 371. 6s. Bd. per ton; and, as we can crush and
amalgamate at least 20 tons per diem, that would amount to 7461.
13s. 4d., or 3731. 6s. Bd. per diem as the share of this Company.
By the peculiar arrangements this Company has made, based
upon practical experience, the economy in working expenses must
necessarily be such as to render the current outlay most trifling.
In case circumstances should induce the Directors to alter the
system now adopted, and lead them to undertake mining operations
of their own, arrangements have been made securing four distinct
sites, most carefully selected for their eligibility for mining pur-
poses, and Sir Henry Huntley has on the spot Cornish miners who
went out with him, and who have voluntarily rete ndered him their
services.
The gentlemen who formed the Provisional Committee of this
Company, have added to their number several gentlemen possessing
the acquaintance and entire confidence of a very large body of
Shareholders in the provincial districts. To add such men to the
Directory was due to those Shareholders who have in fact estab-
lished and nobly supported tkis Company. Measures will be taken
for further augmenting the Directory, and a Special General Meet-
ing of the Shareholders will be convened for the middle of January.i
In conclusion, the Directors beg to offer their best thanks to the
Shareholders for the uniform support they have received, and they
pledge themselves that the affairs of this Company shall be con-
ducted with the most rigid economy, and with the sole view of for-
warding the interest of the Shareholders.
The Directors beg to call the attention of Shareholders particularly
to the fact that, from the system adopted by this Company, it can-
not be affected by the question now agitated between the holders of
leases and Colonel Fremont or his agents. The district selected for
the operations of this Company is far removed from the tract claimed
by Colonel Fremont. The difficulty arising out of the many points
now raised relative to the tenure of land under leases, had been long
known to and was maturely considered by those having the control
of the affairs of this Company, and was one of the reasons whi in-
duced them to pursue for the present the course they have, andch not
to incur certain heavy expenses with doubtful results.
The Directors trust that Shareholders will approve Of the prudence
of the course they have adopted.
Prospectuses
..may be had upon application at the offices of the
Company.

The ROYAL HOTEL at the SLOUGH STATION'to be DISPOSED
OF, with its excellent FURNITURE and APPENDAGES.
MR. ROBINS is instructed by Mr. Dotesio,
the Proprietor, who has taken and opened the extensive
Railway Hotel at the Hull Station, to DISPOSE OF, with imme-
diate possession, his entire valuable Interest in the ROYAL HOTEL
at SLOUGH, and the capacious Premises appertaining thereto, on
the most advantageous terms, as the whole property must be Sold in
Lots by Auction in the event of a suitable offer not being made by
Private Contract.
This PRINCELY HOTEL, surrounded by Six Acres of beautiful
Pleasure Grounds, Lawn, and variegated Gravel Walks, so well-
known as the FIRST FASHIONABLE HOUSE: IN ENGLAND,
for its pleasant, elevated, healthy position, for its costly and rare
Furniture and Decorations, for its magnificent disposition of every
department, which renders it unrivalled as the BEST RESTAURANT
AND FAMILY HOTEL IN EUROPE, admirably adapted for
Corporation or Public Entertainments, for large and small Private
Parties. The Cellar, the Kitchen, the Ice-house, and the whole of
the lower offices are particularly constructed fos most extensive work
with ease and economy.
The adjoining House is In itself a complete little Tavern, with
every accommodation, two sitting-rooms, coffee-room, and bed-
rooms; attached is the range of superior stabling, coach-house, yard,
and loose-boxes ; also the well-arranged Lanndry and Cottage, re-
plete with every convenience to supply any quantity of business,
and the profitable and very productive kitchen garden, full of every
nee essary for the supply of the Hotel, with extensive and high walls
covered with the most rare Fruit Trees, principally imported from
the Continent. The Farm-yard is very judiciously disposed, and the
whale of this part of the property, which covers about 2 acres, could
be well tenanted separately, having a great number of offices and
dwelling rooms.
The Lease is for 21 years' from Midsummer, 1846, the tenant only
having power to determine the same at the first 5 or 10 years ; and
the tenant, in consideration of the great amount spent by him in
improvements and repairs, has a farther power reserved to him to
purchase the lessor's interest, which is equal to Freehold, being held
at the nominal ground rent of Id. per year, at the stipulated sum of
7,0001. It is also declared that the fixtures, fittings up, trees, and
shrubs, plants, plantations, and lawns, belong to the tenant, and
that he shall be at liberty to sell or remove the same, or to de what-
ever he may think fit and best for his interest, the whole being his
absolute property.
Mr. Robins purposely abstains from any panegyric on the well
known extent of business done and money taken ; he will only state
that an industrious person, acquainted with the trade, taking the
Royal Hotel on the terms he is prepared to accept, car-not fail to
realize a handsome fortune in a few years.
Every information may be obtained on application to Mr. /Robins,
of Covent-garden, who is fully instructed by Mr. Dotesio td treat
for the whole, complete as it now is in every department: t '

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