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Inangahua Times, Volume IV, Issue 54, 13 August 1877, Page 2

There will be a sitting of the Resident Magistrates' Court this morning, at tho usual hour. Tho members of tho Reefton G-leo Club will meet for practice in Gilmer's Hall, this evening at 8 o'clock sharp. Tho tender of Mr William Dunn has been accepted for tho erection of the Church of England building at Reefton. The prico said to be about £450. Tho frionds of Mr Joseph Ivess in this district, will bo glad to loarn that the Addntrtou Mail; his latost journalistic venture, is said to ho ona of tho beet paying provincial journals in the Colony. The sitting of the District Court will commence on Wednesday next, and it is moro than likely to be a prolonged ono. There will be sevcal applications in the matter of the winding up of th& Rainy Creek Compnny, as well as one or two important civil cases. The next sitting of tbe Liconsing Bench at Re&fton is fixed for the 4th September next. All applications for licenses have to be deposited with tho Clerk of the Court not later than twontynono days before tho sitting of the Court. It is notiflod that a meeting of shareholders in the Orla-idcr Mining Lease, will bo held at Mr Jlayfeild's office, on Saturday evening next at 7 o'clock, to consider tho advisability of commencing work upon tho lease, and registering the Company under the provisions of tho ■« Mining Companies' Act, 1872." We aro informed that a second quartz mining leaso has been applied for upon tho newly discovered lino of reef, on tbe Lofu hand Branch of the Inangahua river, at tho roar of M*Dowal's. If reports current regarding the prospects, obtained in this new track of country are reliable, a most important addition has been mado to. our already known reef bearing area. Messrs W. M'Loan and Co. held an important sale of mining shares on Saturday Inst. Tho number of interests offered was unusually largo, and the attendance fully testified to tho importance attachod to the sale. The bulk of tho interests offered were the bonus shares formerly held by tho Inangahua Crushing Company, ancl whioh were recently ncquired by purcliaso by tho Kccp-it-Dark Company." Tho stocks, offered consisted of 2000 share* in tive Kecp-it-Dork Company * 2000 shares Vulcan Company ; 3000 stares Nil Des--powmdum Company ; 568 shares Independent Compnny ; 1500' shares Revival Company, ! andi 500. shares Defiance Company. Tlie auctioned) having fully explained the reasons. of the Keep-it-Dark Company fop submatting tho- bonus shares to auction proceeded ' with the- sale.. Tho Keep-itrDark shares • wero then, offered in parcels of 250, and found an csger 8i»lo at prices ranging- from 13s Gd to Ms 3d. The 2000 Vulcans wero put up in lots of 250 with the option of taking. 500-. and were all purchased by Mr P. Q. Caples at prices ranging from 2s 5d to 23 7d. The 3000 Wil Desperandum shares were offered in the same numbers, and fell to various buyers at prices varying from 2s 8d to 2s lld'.. Independents brought 8s 3:1. Revivals 6d, and Defiance 3a. Tho total amount realised by the Keep-it-Dark Company upon the sale of the bonuo. shares was. a triflo ovor £2000, which sum will- bo applied in reduction of the advance of £7000i obtainod from the National Bank,, for the purchase of tho Crushing Battery, aaid it is confidently believed that by the end of the present month the- bank debt will be fnrtber reduced to £1200. A circumstance happoned here- on Friday laat which deserves mentioning* Mr W. Wilson, of Christchurch, wbo is at present on a visit to tho Inangahua, drove out to Boatman's, on the day in question, in company with Mr M.. Byrne. On tho way Mr Wilson lost his pocketbook, it having been thrown out of his pocket by tho- jolting of tho trap. Some hours after tho loss wa& discovered Mr Qdllclu-ist, a fawner on tbo Bullor road, called on Mr Wilson and handed him. tho missing article, having, found it ou the- road. It is needless to. say that tho finder was. most handsomely rewarded.