MAHARAHARA COPPER MINES.

Auckland Star, Volume XXXVIII, Issue 65, 16 March 1907, Page 6

MAHARAHARA COPPER MINES.

The statutory meeting of .sharfolders m the ____________ Copper Mines, Ltd., was held m-theC-iunber of Mines at 2 30 o do* yesterday-afternoon, wben Mr. IS. A. JJatnan P Direnors' ; Report.—The directors reported that 30,000 shares had b K ee . n „^,°" e p °' credited fi paid up, the shares being allotted as the coMtteration for the sale by tbe vendors to the company of the and premises, senate near WoodvUle, together also with the sum of -700 to r cash, lodged by the vendors for expenditure m the ac velopment of the mine, m terms of an agrsement mad* The d|*w sements in-cluded:-Mine development, £240 is 11Q .'« peases, law costs, a_d_sa laries £o2 3s 100 . leaving a balance of £440 8s 00. In reply to a question put by Mr. MerM_e.it explained/that the share » st ° u .™?f r ;? 50,000 share.2o,ooo shares being held m reserve. »_]__ report was adopted. At a generll meeting of shar « h °*f r , s L be j d subsequently the analysis made by Mr. J.. A. Pond If mt parcel of stone received copper) as f__.o2 per cent, and silica _S__fej___SA%»S; STSgWATUS are Pn il_ C ' X W„u referred to rumours that j -_^bi_eP_Wshareholder, had cleared^ take up. Mr Hall added that ne a_>- "*" d °_--. t -aSK- referred to development, in the mtoT-Sd >£g ed shareholders to provide _,e e net___arrcapital by shares now offered to them. Mr. T&ornes also explained that about eight tons ot stone wererSdy for delivery tor the New Zealand ___Tfor despatch to and treatment at the bank's Melbourne house. --- It w_7Sd- that bad been appoint to the directorate to fill