Daily News, 30 January 1852

THE DEVON and CORNWALL MINERS' COMPANY, for Working Freehold Gold Fields in Australia
Capital 50,000GBP, in shares of 1GBP, paid up. On the Coat Book Principle.
With power to increase to 75,000GBP in January, 1853, in which case the holders of the first issue will have the option of taking one share for every two shares of the first allotment.
No further call or liability.

DIRECTORS.

P. S. Butler, Esq., M.P.

J. Carthew, Esq., Calstock, Cornwall.
Henry Ashley, Esq., Gravesend, late of Sydney. Joseph Edgecombe, Esq., Tavistock.
Samuel Weatherley, Esq., New-cross, London. W. G. Gard, Esq., Calstock, Cornwall
J. Lang, Esq., M.D., Exeter, Devon  
(With power to add to the number.)

BANKERS.
Messrs. Borelay, Bevin?, and Co., London.
The Devon and Cornwall Bank, Tavistock.
The Union Bank of Australia. Sydney.
SOLICITORS - Messrs. Ives and Crosley, 11, Clement's-lane, City.
SUPERINTENDENT AND MINING ENGINEER - Mr. Josiah Sims, Tavistock, Devon.
MINE AGENT - Capt. Thomas Paull, Tavistock, Devon.
LOCAL AGENT - Mr. John Sims, Calstock, Cornwall.
RESIDENT PURSER IN SYDNEY - Mr George Smith.
SECRETARY IN LONDON - Mr. George Budge.
OFFICES - 38, Moorgate-street, London.

   The advices recently received from Sydney, of extraordinary discoveries of gold in the Bathurst, Brisbane, Moreton Bay; the Hunter, Clarence, and Crookwell Rivers - confirmed as the private letters are by official reports to the government - have given rise to a desire among the miners of the western districts of England to unite, and under their own practical experience, to develop the mineral riches of Australia.
   It is proposed to despatch, by an early vessel, a sufficient staff of experienced miners, under the superintendence of Mr. Josiah Sims, engineer and assayer, of Tavistock (who has spent several years in the gold and silver districts of Australia), accompanied by Captain Thomas Paull, of Tavistock, to take possession of about 800 acres of freehold mineral land situate in the county of King, in the Bathurst and Goulbourn districts, near the Red Ground, and bounded by the Crookwell River, known by the name of the Albert Diggings.
   The Company has secured the assignment of a freehold grant from the colonial government, under an advantageous arrangement, by the payment of 6,000GBP in cah, and an equivalent sum in the shares of the Company, which grant will lie at the office of the Company, on and after the 5th day of February, for inspection by the shareholders.
   After the astounding advices which are now patent to every one in this country it would be superfluous to expatiate on the advantages likely to accrue to the shareholders of this Company in possessing the great desideratum of having its operations superintended  by practical and trustworthy mineral agents, selected from the mining districts of Cornwall and Devon.
   The services of Mr. Josiah Sims and Captain Thomas Paull have been secured under equitable arrangements as to salary, combining a reciprocal and beneficial interest, by a per centage on the returns secured for the Company at home; the advantages of their great experience will be, therefore, first engaged in the selection of able miners to accompany them; in the next place by the purchase of machinery of the best construction which may be required; and, on arrival, by the concentration of the energies of all under their charge to develop the mineral resources of the district in the most speedy, efficient, and practical manner.
  The advices are now sufficiently authenticated to prove that profitable employment exists in the colony, even to the small bodies of men without assistance; it is therefore assumed that by the erection of adequate machinery, aided by sufficient capital, those profits will be considerably augmented, and there can be no safer guarantee that every advantage will be secured to the Company than the fact that the best principles of modern mining will be applied by practical men to develop the vast and almost unbounded riches of the colony.
   The liability of each shareholder is limited to the amount of their respective shares, which will be paid in full upon allotment, after which the banker's receipts will be exchanged for certificates.
   Applications for shares and prospectuses to be made to the following Brokers, and to the Secretary, at the offices of the Company,
Messrs. Sims and Hill, Bartholomew-lane and Stock Exchange, London.

J. K. Thomas, Esq., Bristol.

G. J. Phillips, Esq., Cambourne, Cornwall
John Clark, Esq., Southampton. Messrs. T. W. Flint and Co., Hull.
T. Sandford, Esq., Exeter. J. Sims, Esq., Calstock.
Charles Stokes, Esq., Truro, Cornwall. Frederick Olding, Esq., 49, East-street, Brighton.

FORM OF APPLICATION FOR SHARES
To the Committee of Management of the Devon and Cornwall Miners' Company for Working Freehold Lands in Australia
Gentlemen, - I request you will allot to me            shares in the above undertaking, and I hereby agree to accept the said shares, or any less number you may allot to me, and to pay the sum of 1GBP on each share at the time specified in the letter of allotment.
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