A HINT TO SHAREHOLDERS.

Inangahua Times, Volume VIII, Issue 1276, 25 May 1883, Page 2

A HINT TO SHAREHOLDERS.

The Secretary of an Indian goldmine having sent an imperative demand to a certain shareholder for the payment of a " call," received the following: reply : —

" Dear Sir, — I have your letter oi this date, and note that your directors propose to proceed against me. Your prospectus stated that one of the objects of your compauygwaa to 'seek win, and work gold in India and else*' where. 7 Things not turning, out wel" in India, your directors apparently consider it their duty to seek,, win, and work gold ' elsewhere ' — i.e. ,, out of me. I can assure you, however, that I ara not iv an auriferouß vein ; the only lode I possess is a load of debt, and as a goldmine I shall be a failm-e. Your prospectus estimated a yield of loz of gold per too on 30,000 tons of quartz crushed per aDriuni. You may ' crush ' me, but you will find that I will not yield nearly so much. My person (which for purposes of this calculation may be considered quartz) weighs, roughly speaking, 'lOst and, if crushed immediately, I estimate that it would yield as ander-^ Gold ... „. ... Nil - Saver ... ..i ...» Bsod# Copper os4Jd 8s 4£ Deduct cost crushing, say £5 ss,

" Yours fcithfully,