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REEFTON MINING ASSOCIATION.

_, Reekton, August 20. A committee meetmg of the Eeefton Mining Association was held last' night in the County Council Chambers, Mr W. Irving in the chair. The object was to consider the new Mining Act Amendment Bill now "before Parliament. Strong evception was taken to sub-clause 'c of section 52 of the act of last year, and also section 3 of the Amendment Bill, and it was resolved to recommend that both bo struck out. The following resolutions were carried unanimously :— (1) " That the secretary (Mr Ilaukin) write to Mr Reeves, A1.11.it., asking him to endeavour to get clause '6o the act of 1891 amended as previously desired by the association, and also tile suggestions in reference to the labour clauses in the regulations." (2) "That the provisions of the proposed Mining Companies Act, which provides that a balance sheet mubt be prepared in January 1 and July 1, will entail upon the majority of companies the cost' and inconvenience of preparing and printing four balance sheets annually, as the times for meetings and balance sheets are fixed by companies' rules at other dates, and that to have all companies' meetings at fixed times would be inconvenient." (3) " That if any special audit is obtained, the person applying for it should pay for it in advance." (4) " That a manager shall pay into bank when a sum of not less than L 5 is on hand." (5) "That mining companies are already heavily taxed by useless and co.stly provisions whereby their action is paralysed." It was decided to forward these resolutions to headquarters at once, and also to give reasons showing why the recommendations contained in them are necessary. Another meeting will probably be held shortly.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW18920825.2.35

Bibliographic details

Otago Witness, Issue 2009, 25 August 1892, Page 14

Word Count
289

REEFTON MINING ASSOCIATION. Otago Witness, Issue 2009, 25 August 1892, Page 14

REEFTON MINING ASSOCIATION. Otago Witness, Issue 2009, 25 August 1892, Page 14