TOKOMAIRIRO.

Otago Witness, Issue 658, 9 July 1864, Page 11

TOKOMAIRIRO.

(from the daily times correspondent.) The Market Company is now a recognised fact. On Saturday last a meeting of the shareholders was held in the School-house : J. Smith, Hsq., occupied the chair ; and the interim Committee, through their convener, Mr Jones, reported that' v pwards of fifty shares had been applied lor. W. J. J'yer, fcsq., proposed the following resolution, which was unanimously agreed to:— "Thnt the persons who have already subscribed for shares foim themselves into a company, to be called the Tokomairiro Public Market Company (Limited) in 1.100 shares of J5 each, LI payable on allotment, and the remainder at _ two months' notice, nnd that provisional directors ba at once eleoted for the purpose of registering the company. Sixteen gentlemen were then proposed as Directors, and a poll being taken, the following eleven were de-, clarei to be elected : -Messrs Smith. Jones, Dewe, Clavk, (Jillon, Forsyth, Gillies, Murray, Dyer, Cameron, and W!l. Mr J. Smith was unanimously elected Chairman, and Mr J. L. Gillies Vice-Chairman ; Mr A. Jones, Treasurer, and Mr E. T. Gillon,

secretary. Legal assistance being necessary toregister the undertaking, it was resolved to appoint Mr A. W. Smith, Dunedin, solicitor. This being; all the business connected with the market the usual vote of thanks was given to the chairman, and he was re-voted to tbe chair while the meeting proceeded to consider the advisability of raising a volunteer corps in the district. Mr Dewe, Mr Gillies, and several other gentlemen 't-ongly supported the doing so. and alluded to the probability of the Miljtia being ere long; called out for training. Mr Dyer thought that a cavalry corps could easily be raised here, aud M Hewe and others seemed to agree with him* Mr Gillon thought that the expense of cavalry would prevent many valuable men from joining. In the end a numerous committee was appointed to make enquiries on the subject. The committee meet next Saturday, and I hope that their deliberations will assume some practical Bhape.

A ploughing match is also on the tapis, and a committee haa been appointed to carry out the arrangements. The chief difficulty seems to be the ground. There is but little lea of the requisite age to be obtained, and people strongly object to having their skill tested in breaking up new ground. What a pity it is that the Agricultural Society should be defiinct. Truly they manage I heap things better in the Taieri. The agitation about the Education rate has in some measure subsided, only I imagine to spring inio new life again with renewed vigor, whea the committee sets about enforcing the payment by legal proceedings. How long this happy interval of peace is destined to last, I know not, but I presume that the "settling day 1 ' cannot be far off, and that the recusants will shortly be brought to book,

The weather of late has been exceedingly variable and unpleasant. Last week we had snow and an unlimited quantity of rain. The early part of this week has been fine, but now there is every appearance of bad weather aga'n.

A number of men— about thit ty— are still engaged on the Waihola diggings, and are said to be doing very well. I hear also that there are about twenty miners at work on the beach near the mouth of the Molyneux, washing the black steel sand with quicksilver cradles, and making very good wages.