TAIRUA GOLD MINING COMPANY.

New Zealand Herald, Volume XII, Issue 4256, 5 July 1875, Page 3

TAIRUA GOLD MINING COMPANY.

The first ordinary meeting of shareholders in the above company took place at the Pacific Hotel, Grahamstow <j, on Saturday, at 11.30 a.m., to elect directors and other business. Twenty-five shareholders were, present, —Mr. W. B. Jackson in the chair. Mr. G. S. Graham read the directors' report and balance-sheet. Tho mine manager's roport was also read. A long discussion ensued as to the privilege of certain shareholders taking part in the proceedings, during which it was intimated that tho 1000 shares supposed to be held in trust for the company by the secretary was denied, and ultimately the adjournmert of an hour was agreed upon to a"ow traui • fers to be received aud registered. The adjourned meeting was held at the same place at 1.30, when several transfers were presented and registered on the company's books. The list of names was then read over and the books closed.—Mr. Tyler proposed that the minutes of the meeting be taken, irrespective of tho secretary (Mr. Graham), and moved that Mr. Sully bo appointed to that duty.—Mr. James Beeche seconded.—Mr. Graham did not like the implied mistrust, and Mr. Wickham agreed with him.—Mr. Tyler remarked that thero was no wish to display a want of confidence in tho secretary, but as there was a disputed question (the 1000 shares), the shareholders were anxious to bo satisfied.—Mr. Brassey strongly opposed the motion, but on tho question being put, it was carried by 12 against S. It was then proposed to adjourn for a month, but an admendment was carried to proceed to business.—The Chairman suggested that they should proceed to elect directors.—On tho motion of Mr. Cameron, the following gentlemen were named : —Messrs. J. Neeves, \V. B. Jackson, W. Sully, L. Khrenfreid, W. A. Hunt, Jas. Beeche, M. Heunelly, J. R. Perry, W. Sims, W. McCulloch. —Seconded by James Beeche. —Mr. Wickham proposed tho number bo five, Mr. Graham and Mr. W'rigley seconding it.—A discussion ensued a3 to the power given under the Joint Stock Act to reduce the number less than those originally appointed as provisional directors ; out on tho suggestion of Mr. Graham, the provi-ional directors' report was put to the meetinj and adopted, when they retired. —The mine manager's report was then adopted, and the chairman vacated his scat. —On the motion of Mr. lirassey, Mr. Tyler took tho chair, and business proceeded, by Mr. Cameron pressing his motion. —Mr. \Vrigley moved, as an amendment, the following names as directors :—Messrs. Jackson, Neeves, G. S. Graham, J. Howard, W. A. Hunt, C. Alexander, R. M. Abbott, and G. Von der Heyde. —Mr. Hunt declined.—After gome discussion, Mr. Hennclly's name was substituted for Mr. Hunt's, and it was decided to take the lists as a whole, aud accept or reject the names submitted by Mr. Cameron or Mr. Wrigley.—Tho result declared in favour of Mr. Cameron's list; but ou a poll being demanded, the votes shewed: I , or Cameron's motion, 91S ; for Wrigley's, 575 ; and the gentlemen were declared elected as directors of the Tairua Gold Milling Company.—Mr. E. T. Wildman was tlieu elected secretary, and the meeting adjourned.