KARAKA GOLD-MINING COMPANY.EXTRAORDINARY MEETING.
An extraordinary meeting of the shareholders of this Company was held at Mr. Tonaon Garlick'a office yesterday afternoon — Dr. Hooper, Hobson-street, in the chair — to receive Mr. Reeve's report, and decide on the future course to be adopted, After some desultory conversation on mining mutters, it tow resolved, "That the capital of the Company be increased by issuing 800 preference shares of £10 each for £1 per share, to be paid on allotment, the remainder to bo paid by monthly instalments of. 2a. per share. If all are not taken up by the shareholders withia seyen days, the remander to bo offered to the public for seven days, Then, unless seven-eighths of the new shares be subscribed for wifchin the fortnight, the Company to be wouud up, and the applicants for the said new shares be not held liable, and their deposits be returned." 155 new shares were applied for by those present at the meeting. A vote of thanks to the ohairman terminated the prooeediugi.
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Bibliographic details
Daily Southern Cross, Volume XXV, Issue 3650, 31 March 1869, Page 4
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170KARAKA GOLD-MINING COMPANY.-EXTRAORDINARY MEETING. Daily Southern Cross, Volume XXV, Issue 3650, 31 March 1869, Page 4
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