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A COAL STRIKE INCIDENT.

THE UNION COtLIEHY. SYDNEY, June 8. During the hearing of the coal vend case to-day, Mr. Cant, managing director of Kethel and Company, admitted that during the strike an agreement was entered into between Kethel and Company and Mr. W. M. Hughes (Attorney-Genv) ral). Senator Guthrie, and Peter Bowling, relating to the sale of coal from the Young Wallsend and Ebbw Main collieries. Messrs. Hughes, Guthrie, and Bowling, in consideration of the payment of £1 sterling, were called the purchasers, and were to have the option of disposing of the coal from the said collieries, the company to manage the collieries. The company guaranteed during the agreement, unless there were an accident, that the output would be at least 1000 tons per day. and all money above 0/ per ton received for the coal was to be divided equally between the company and the purchasers. It was stipulated that the purchasers might terminate the agreement at any time on giving two clays' notice, and that the company might terminate it when the selling price fell below 11/ per ton. or when it. became impossible to sell at the price fixed in the manner provided. Attached to the agreement was an endorsement by Messrs. Hughes, Guthrie, and Bowling assigning their interests in the agreement to Daniel Hutton. Albert Burns, and Peter Bowling, the last three undertaking to acquit and release the first three from all responsibility in relation to the agreement.

Witness said that ultimately the Rail- ■ way Commissioners took possession of all ! coal that had been raised, and paid 7/7 ! per ton for it. I

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19110609.2.51

Bibliographic details

Auckland Star, Volume XLII, Issue 136, 9 June 1911, Page 5

Word Count
269

A COAL STRIKE INCIDENT. Auckland Star, Volume XLII, Issue 136, 9 June 1911, Page 5

A COAL STRIKE INCIDENT. Auckland Star, Volume XLII, Issue 136, 9 June 1911, Page 5