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ELECTRIC POWER.

SCHEME FOR HAJXEELTO* WAIHI COMPACT'S GOOH OFFfIU' (By Telegraph.—Own Correspoajjtott||j| HAMILTON*, '.this.dtj. Hamilton'e electricity proposals to** strong prospects of maturing" iuto> definite scheme shortly. At; a I the "Borough Council last night ;^'' ; . j Mayor (Mr. Manning) read a letter the Auckland manager of-the-W*?* i '■'.-. Gold Mining Company, ftOm;^*^^ works at Horahora it is en»<?ested .*•«¥-;;■; :■ ply of power should be obtained;?! , .:;?: which it was stated that if •ment between, the Company Council materialised he would etrOeV'.- rrecommend the London directors "of/w?y company to assist the Couicu i* stalling a tranemiseion line and P^Vl- r ; : by underwriting two of every ??";/ bentures in an issue of £25.000, currency of not more than 37 ye» r « **-..'■, 5 per cent with interest and princip^»V':; payable in Auckland. . l \ --V The Mayor described the offer as t«T.; fair indeed, and it was decided to hole. ; : I a conference next week between:"Haini , l ton and Frankton Councils, find; reprr_ ■ senta'ives of the Waihi Company- - -

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19150320.2.14

Bibliographic details

Auckland Star, Volume XLVI, Issue 68, 20 March 1915, Page 4

Word Count
159

ELECTRIC POWER. Auckland Star, Volume XLVI, Issue 68, 20 March 1915, Page 4

ELECTRIC POWER. Auckland Star, Volume XLVI, Issue 68, 20 March 1915, Page 4