The Sun.
London, England, 1858-11-03 00:00:00

BANKERS.

The City Bank, London.
The National Provincial Bank of England,
The National Bank of Scotland,
The Aberdeen Town and County Bank, i• ,dud Branches.
The Provincial Bank of Ireland,

SOLICITORS.
Messrs. Young, Vallings,
Londo and Jones, St. 31ildred's-court,
n,
BROKERS.

Messrs. Carden and Whitehead, 2, Royal Exchange-buildings

London.

OFFICERS IN AUSTRALIA.
obert Archibald Alison Morehead, Esq., Head Manager and
General Superintendent.
Matthew Young, Esq., Assistant Superintendent and
Accountant.
SECRETARY (pro tem.)—Charles Graitiger, Esq.
OFFICES OF THE COMPANY.
24, GRESHA3I-STREET. LONDON.
O'CONNELL-STREET, SYDNEY, N.S. WALES.

ABRIDGED PROSPECTUS.
The Scottish Australian Investment Company, through
their Manager at Sydney, have long directed their attention
to the acquisition of Lands known to be rich in Mineral Pro-
ductions. They are possessors of the various Properties men-
tioned in this Prospectus, upon some of which valuable de-
posits of Copper and Coal have already been proved to exist ;
but being a Company formed for the Investment of Capital
and not to carry on Mining Operations, they are not in a posi-
tion to develop these Mineral Properties on their own account.
It is therefore proposed that a new Company shall be formed,
to be called, "The Scottish Australian lining Company
(Limited)," which shall purchase for the sum of Thirty Thou-
sand Pounds, to be paid partly in Money and partly in Shares,
with certain Royalties, the said several Properties and work
them, commencing at first on a moderate scale. The Com-
pany will also take powers to acquire by purchase or other-
wise such further Mineral Lands in the Australasian Colonies
as shall be deemed desirable.

The following are two of the principal Properties mentioned
in the Prospectus :
No. 1. The Good Hope Property.—This Freehold Property
comprises about 400 acres of generally good, well-watered
laud. It Is situate near the town of Yass. There exists upon
this Estate a remarkable Copper Lode, of great width, and
standing above the surface in a continuous line (with slight
intermission) for more than a quarter of a mile, and in sonic
places rising above the level of the ground to the height of
twenty-five feet. The lode is strong and large, and stands
above the level of the River from forty-five to fifty-five
fathoms. Captain John Dailey, of St. Austell, in Cornwall.
of great mining experience, has twice examined this Lode
and taken out a ton or two of ore, samples of which, weighing
from two to three cwts. each, are now in Loudon. The ore
is red oxide, mixed with native copper, and green
and blue carbonates; and specimens, broken promiscu-
ously from separate blocks now lying at the office of the
Company, have been found to yield on assay the high
percentage of 214, 271 27k, 27f, 35, and 36 per cent. of pure
copper one sample which Ir. Morehead selected and directed
to be assayed iu the Colony yielded no less than 7-11 per cent.
of pure copper. The ore is s milar in character to the ore at
the Burra-Burra. It will be seen that the opinion of Captain
Dailey, whose Report on this Property will be found in the
Appendix, fully bears out the above statements.
No. 6. Dartmouth.—This Freehold Property, consisting of
100 acres, is pronounced by H. T. News, Esq., M.E., who
made repeated surveys of the Hunter River Coal Field, by
instruction of the Manager of the Scottish Australian Invest-
ment Company, " the best position attainable for commencing
operationS" in coal mining in New South Wales. It is
situated about five miles and a half from Newcastle, and con-
tains, as may be learnt from Mr. flews' Report, which is ap-
pended, a seam of Coal, lying nearly in a horizontal position,
of superior quality, and six feet in thickness at the outcrop
near the foot of a hill, whence of course it can be worked
without the expense of shafts, and the usual accompanying*
machinery. A portion of this property consists of fertile
land, ion which a considerable sum has been expended in
bringing it into a state of cultivation and erecting a house.
The property had been long under the notice of the Ma-
nager of the Scottish Australian Investment Conipany, as a
most desirable site on which to establish a Colliery ; but he
did not succeed in acquiring it until June last ; and the
purchase having been then made in contemplation of the
immediate formation of the present Company, this valuable
estate is now made over at the price at which it was pur-
chased, with the mere addition of a small commission and
expenses.
Applications for Shares must be made in the annexed form.
Each applicant will be required to pay in to one of the
Bankers of the Company Five Shillings per share on the num-
ber of Shares applied for, in part payment of the deposit of
• Ten Shillings per Share; in exchange for which a receipt
will be given. In the event of the Directors allotting less
than the whole number applied for, the amount paid in to the
Bankers will be applied towards the deposit of Ten Shillings
per Share payable on the number allotted ; but in case no
allotment be made, the money so lodged will be forthwith
returned in full.
Prospectuses, Mining Reports, Forms of Applications for
Shares and of Bankers' Receipts for Deposits, may be had of
Messrs. Carden and Whitehead. stockbrokers, 2, Royal Ex-
change-buildings; at the City Bank; of the Offices of the
Company, 21
~ urrohaio,stmet, London,her
ore from plans
of the
and e
property, a section of the Good Hope w
lode, that
property, may be seen and examined.
London, 20th October, 1858.
FORM OF APPLICATION FOR SHARES,
[When filled up by the Applicant, to be lodged, with Five
Shillings per Share, with one of the Company's Bankers.]
To Tog DIDEOVORS OP THE SCOTTISH AUSTRALIAN MINING
COMPANY (LIMITED), 24, GIIESTIAM-STREET, LONDON.
Gentlemen,—Havingpaid into the hands of the
Bank the sum of £ to your credit, I request you
will allot me Shares of £1 sterling each, in the
above-named Company-, and I agree to accept such Shares, or
any less number that may be allotted to me. And I hereby
also authorise you to enter my name in the register of share-
holders for the shares so allotted.
Name and Surname iu full
Address in full
Description
Number of Shares (if any) held)
in the Scottish Australian In-
• vestment Company (Limited)
Dated the _ . day of .
5,,,* The Prospectus, at • length, will be found in the
"Times," "Daily News," " Standard," and "Daily Tele-
graph" newspapers of Friday the 29th inst.