Mining News.

New Zealand Mail, Issue 1060, 23 June 1892, Page 20

Mining News.

The half-yearly meeting of the Wakamarina Golden Bar Goldmining Company was held in the company’s office on Friday. There were present shareholders representing 2383 shares, and Mr T. R. Barrer presided. The report and balance-sheet were read and considered. The report stated since last half-yearly meeting no work had been done at the mine, but the directors have had p.otection for a great portion of the time. At a meeting of shareholders held in February last.it was resolved that a call of 3d per share be made for the purpose of defraying the expense of a trial crushing of 10 tons of quartz, the stone to be forwarded to Messrs Fraser and Tinnii, of Auckland, for treatment. Only two tenders were received, both of which, not being satisfactory, were declined, especially as the fundß on hand, owing to the call made for the purpose of defraying the expenses not being fully responded to, wore inadequate. Under such circumstances, the directors thought it most advisable to leave the matter in abeyance. The balance-sheet showed that there was a sum of L3O 5s lOd in hand. Both the report and balance-sheet were adopted. It was decided that Messrs Turnbull and Halpin be recommended to fill the two vacancies on the directorate. Messrs W. Bishop and H. Kember were re-elected auditors. It was also resolved that the directors be recommended to make a call (the 25th) of 3rd per share, and that provision be made for dealing with defaulters.