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THE BLUE SPUR CLAIMS.

The changes which have been in the air for somo time relative to the management of the Consolidated Company's property have at length taken definito shape. Mr J. C. Brown, who has heretofore acted as general manager of the company's property, ha 3 been superseded by Mr Howard Jackson, who now assumes undivided control of the mines, and will in future look after the company's interests here. Mr Brown's removal from the management, we understand, was unanimously agreed to at the last general meeting of shareholders in London, the company deciding not to wait for the expiration of Mr Brown's engagement, which, we believe, was for a term of three years. As our London correspondent predicted some time since, the local directorate, of which Mr Brown was the chairman, has also been permanently disestablished, the powers of that body being now vested in Mr Jackson. Sir Robert Stout, we understand also, has ceased to have any connection with the Consolidated Company, being relieved of his power of attorney by Mr Jackson, in accordance, it is alleged, with instructions received from Home. Thus, it will be seen, that quite a revolution has taken place in the Company's affairs within the past week or two; the services of Mr J. C. Brown, who has been from the first intimately connected with the fortunes of the company, having, in the first place, been dispensed with ; the directorate, of which he was the virtual ruler, having been broken up; and, lastly, the name of Sir Robert Stout, which figured only a little less prominently in the affairs of the Company than that of Mr Brown's, has finally disappeared. It is unnecessary to say that the responsibilities thrown on Mr Jackson are of a very onerous character, and we believe it will bo found that he is fully equal to the high estimation in which he is held by the London Board. Mr Jackson, it may be remarked, has had a large and varied experience in connection with public works in the North Island, and is fully equal to the emergencies of his present position. He is, in addition, a man of sound judgment and good business capacity, aud will be sure to make the best of the company's interests. It is his intention, wo believe, to effect sonic very important changes in the working of the mines. A schemo will shortly bo put in operation which will have the effect of largely increasing the water-carrying capacity of the races. This will allow of two or more jets boing in operation on the Blue Spur, in addition to those at present working in the Tailings Company's claim. Another consideration which should not be overlooked is that the cost of management will in future be much diminished—a circumstance which is bound to tell favorably on behalf of the new departure.—' Tuapeka Times.'

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https://paperspast.natlib.govt.nz/newspapers/ESD18890629.2.17

Bibliographic details

THE BLUE SPUR CLAIMS., Evening Star, Issue 7946, 29 June 1889

Word Count
480

THE BLUE SPUR CLAIMS. Evening Star, Issue 7946, 29 June 1889

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