JOINT MINE MANAGERS' MEETING.

Auckland Star, Volume IX, Issue 2716, 6 January 1879, Page 4

JOINT MINE MANAGERS' MEETING.

A meeting of the mining managers of tho Golden Point, Empress, Kureka and dunes, Corby. Watchman, and Tringham Goldnuning Companies, o£ Coromandel, held to consider the advi ability of opening up a level on loin arcoontfrom the Now Zealauo Kapanga shaft 300 Vet evol, and terras upon which Captain •Thomas will allow this to be done Mr William Home read a letter which he had received from Captain Thomas, bearing upon the subject Zealand Kapanga Gold Mining CompanyJLumt^. ]; Decomber 1878> '^oar^ltiY-ie^a.vo to acknowledge the receipt ofVonr Tetter in reference to deep ainkiug, d^RespeoMng your several inquiries on these important points, I bex to say I shall be glad to reriaorauyaidorassisiaiicc in my power, or to recommend anything tangible and fair to my Lome Directors, for the purpose of deep sinking, driving to adioinin;; c aim«, and the drainage Kenurally. of the ground adjoining the Jxapa:;ga °^lam iindcr the impression my Directors would have no objection for adjoining JVhniag Cou.panisto drive from iheir deep levels and workings: provided the Kapanga Company received a i.oan or Government Grant fmflicient, on the same terms and conditions as the late Loins were g anted to the Pumping Association at tiic Thames. , , , "Having such a precedent, I cannot eco what other cnursn can bo adopted for the necessary protection of a Company who have spent over £50,00!) on iheir property.

"I remain, dear sir, " Yours obediently. "Jamss Thomas, " Manager and Attorney. Aft<ir giving the matter their careful consideration, tho following resolutions were unanimously agreed to:— (I). That such a scheme would bo mutua'ly advantageous to the mining community, and be of material benefit to all the inin'-s represented. (2j. That each manager should convey the purport anil intention of this mooting to the .Directors of their respective Companies, andiuvite them to co-operate a-id authorise the preliminary expenses to carry on the proposed. scheme. , , , ~ (3.) That an application be mado to the General Government for a loan of £20,000 upon the sanio terms as the loans formerly granted to the Pumping: Association at the lhamcsto to guarantee the working of the pumps against the stoppage of mines that may fail in their venture, as well as to guarantee the working of the New Zealand Kapanga Companys pumps for a lengthened period. (4). That Mr V-sayldon. of the Thames Goldfield, bo authorised to make plans of the respective claims, andjlay out tho work proposed; to collect memoranda of the agreements between the Pumping Association and the Thames County, andtne conditions npon which tho first loan was granted by tho Government; to be submitted as soon as possible to another maeting. (5). That Mr William Home bo authorised to convey a copy of these resolutions to all parties concerned.