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THE KAWARAU SCHEME

(By Telegraph.) (Special to the "Evening Post.") DUNEDIX, This Day. Faith in the Kawarau scheme, which for the last few years has been dormant, was voiced by the directors at a largely-attend-ed meeting of shareholders in the Amalgamated Kawarau Gold Mining Company tonight, at which Mr. J. W. Andrews (Wellington) presided. After detailing efforts to revive interest in the company, Mr. Andrews said that all the original shareholders in the old company would be enabled to retain their assets in the river. An appeal was, now being made to increase capital to £250,000 for the erection of a new dam below the Arrow River to divert the waters of the Shotover and the Kawarau back into Lake Wakatipu by means of two gates 40ft high and 25ft wide, the dam to cost £70,000. Other directors addressed the meeting and said they were confident of raising the money in the Dominion. ■.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19331005.2.181

Bibliographic details

Evening Post, Volume CXVI, Issue 83, 5 October 1933, Page 14

Word Count
153

THE KAWARAU SCHEME Evening Post, Volume CXVI, Issue 83, 5 October 1933, Page 14

THE KAWARAU SCHEME Evening Post, Volume CXVI, Issue 83, 5 October 1933, Page 14

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