Welcome Company.
A meeting of Dunedin shareholders in tho Welcome G->jit-n>inin£ C!omp&ny waa htld at WatsoirV Hotel on Tuesday, for tho purpo.-o of discussing the present p<ißitiou of the mine and the advisability of obtaining monthly reports, &c. The meeting authored onu of tho local shareholders to appn f.* monthly statements of, ace units, copy of minutes of directors' meeting, aiid (or v special report oil tt\c pret-ont workings ; alno ofjthe progresi tnaJe in placing the nuw machinery. The meeting further resolved to requeat the directors 10 increase iheir number at next hulfyearlv meeting, to enable l.he Dmicdin bhareholdera to be rrpreaenti'd 011 the Uoa'd. The nijuuti^ adjourned until recttipt of the special report from the dnectow.
Shareholders in the Kcepit Dark Company will be interested in kn<wni{ that the monthly iitaiement of icceipt-v and oxpen it>>ro of th ■ m lib, with mining and battery raa agcrs' ro]jo:tt>, &; , cwn ba coun at the office of Air W. Watson, Stuart btreet, hero.
From tho Cromwell Campaiiy'B mino at Bendigo we learn uhat the water is bdng gained upun,though very slowly. Air Todd, the manager, is hopeful of overcoming it ehorily by continued ox. rtions Tenders aro invited for bini-luj,' the nmin shuf t, comuienutd a y4ar or two back and not proceed 6J with. Tho compaction of thia eh.ft ia a work in tho ti^ht Direction, and will well r'opiy the outlay. — Cromwell Airtis
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/OW18830421.2.38
Bibliographic details
Otago Witness, Issue 1639, 21 April 1883, Page 12
Word Count
233Welcome Company. Otago Witness, Issue 1639, 21 April 1883, Page 12
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