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MEETINGS OF MINING COMPANIES.

I A meeting of the shareholders of the Erin's Hope Goldmining Company was held on Tuesday evening. The shareholders expressed their fullest confidence in the ground ! being valuable, and resolutions were passed to the effect that every effort should be i made to pay off the few liabilities of the company, and made a fresh start at once. Four directors were elected in place of those j who had resigned. A balance-sheet wag presented, showing the financial position of ( the company. After the general meeting the directors passed a resolution that all who had not paid their calls should be proceeded | against immediately. The balance-sheet showed that the receipts from calls and sale of gold had amounted to £197 19s Id., and the expenditure to £263 11s. 3d. The assets amounted to £86 2s. 6c1., and the liabilities to £65 12s. 2d., leaving a balance in favour of the company of £20 10s. 4d. An extraordinary meeting of the Ballarat Hill Goldmining Company was held on the -7th instant. It was carried unanimously that, in consequence of the non-payment and difficulty of collecting calls, an application be made to withdraw the lease, and the company be wound up. _ In compliance with a requisition signed by seventeen shareholders in the Long Drive Goldmining Company, representing 116 shares, a meeting of shareholders is convened by the legal manager to be held on Wednesday next, at 11 a.m., to consider matters connected with the management of the mine. A call of 3d. per share has been made in the Royal Alfred Goldmining Company, of Is. in the Confidence, of Is. in the original Fangh-a-Ballagh, of ss. in the Tapu Great Republic, and of 10s. in the Shamrock.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DSC18700210.2.18

Bibliographic details

Daily Southern Cross, Volume XXVI, Issue 3891, 10 February 1870, Page 3

Word Count
298

MEETINGS OF MINING COMPANIES. Daily Southern Cross, Volume XXVI, Issue 3891, 10 February 1870, Page 3

MEETINGS OF MINING COMPANIES. Daily Southern Cross, Volume XXVI, Issue 3891, 10 February 1870, Page 3

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