TIPPERARY MINING COMPANY.

Lake County Press, Volume IX, Issue 467, 22 April 1880, Page 2

TIPPERARY MINING COMPANY.

Thehalf-yearly meeting of 'heTipp Mining Co , Limited, was held on' nesday afternoon last in Dunedin James Hazlett was in the chair, following refort for the half-yeart March 31st, was read sndadopted:- “ The Directors have much plear presenting to the shareholders the ment of accounts and balance-sheet shows that during the six months the of gold has been 2860 ounces, realish .sum of £10,785 12s Id, out ot which has been distributed to the share® £4BOO, equal to £4per share. Them of a reserve fund has been cstabi which at present stands at £IOO. C to the serious indisposition of the! manager, your Directors have beentl to obtain a full report on the mieel laid before the shareholders, suffi^i

Ny that there is a large quantity of stone i sight of a quality not far short of what as been reduced during the last year. In ccordsnce with the rules of the Company, tro Directors, viz , Messrs James Hazlett nd T. H. Dodson, retire; and, being ligible, offer themselves for re-election. Vo Auditors will also have to be elected j room of Messrs Robert Park and M. W. [awkins Mr Robert Park offers himself ;r re-election. “ For the Directors, “James Hazlett.” The following is the balance-sheet for alfyear: —The receipts were; Gold reams, 28600z.. £10,785 12s Id. The tineipal items of expenditure were : For rages, £2072 8s lOd; for crushing at the üblic battery, £SBB ; materials and stores, 460 13s 7d; machinery, £521 4s 6d ; resrre fund, £100; dividends, £4800; Lnce in bauk, £llO2 19s 8d; total, - The profit and loss ac-. unt showed a balance of £3141 15s Bd. Messrs Hazlett and T. H. Dodson were ••elected Directors, Messrs Robert Park nd W. H. Quick were appointed Audios. The meeting then adjourned.—‘ Herald’