MOUNT ZEEHAN. : The annual meeting of the Mount Zeehan Gold Mining Company, Limited, was held yesterday, Mr. T. G. De Renzy, chairman of directors, presiding. The shareholders attending represented 29,390 shares. The balance-sheet and directors' report were adopted. Messrs. Culpan and Miles, the retiring directors, were re-elected, and Mr. P. R. Eraser was elected' auditor. The matter of increasing the board (five)' to the full number allowed by the articles (seven), was discussed,, and two shareholders were nominated, but the proposal was negatived. The remuneration of the directors was fixed, in accordance with the notice of motion, at 10s each meeting attended- The mine manager, Mr. Antridge, gave an explanation of his proposals with respect to the development of the mine, and expressed himself as well satisfied .with the prospects. ] He said he was coming to the conclusion that the values could bo saved by ordinary.' battery :treatment and concentration. He j also approved of the action of the directors j in pegging out the Montana, property ad-j joining tho Mount Zeehan, and lately abandoned by the Ferguson Mining and Smelt-
ing Company, Limited. The meeting confirmed the action of, the directors in acquiring the Montana, and a vote of thanks was given to Mr. William Gray, tho secretary, for his services in securing the additional ground. Tho meeting closed with a vote of thanks and confidence in the chairman. ■ •
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New Zealand Herald, Volume XLVI, Issue 14133, 7 August 1909, Page 3
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230Untitled New Zealand Herald, Volume XLVI, Issue 14133, 7 August 1909, Page 3
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