DUNEDIN GOLD DREDGING COMPANY.
A general meeting of the shareholders of the Dunedin Gold Dredging Company (Limited) was held on Monday. Mr Thomas Brown, chairman of directors, presided, and there was a fair attendance. The annual report was as follows : " The directors beg to present then: report and balance sheet for the- year ending 30th June, 1899. Since the last .meeting the old claims have been abandoned, and'» ■ »' special claim adjoining the lower claim, .belonging to a party of men, was secured by the director's at a cost of £158 7s 2d, as will be seen by' the balance sheet. This claim has a good reputation, and the directors believe will eventually give a good account of itself. You will bo asked to appoint a director in place of. Mr Thomas Brown, .who retires by effiuxion of time, but offers himself for re-election. The auditor, Mr Bartleman, also retires, but offers liimself for re-election." The balance sheet attached showed that a debit balance of £444 9s 2d had been wiped off since June 30, 18D8, and, in addition, dividends to the amount of £435 had been paid. The proceeds from the sale of gold , amounted to £3225 12s 3d. '
The report was adopted. Mr Brown was reelected director, and Mr B art lem an auditor.
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https://paperspast.natlib.govt.nz/newspapers/OW18990720.2.54.11
Bibliographic details
Otago Witness, Issue 2368, 20 July 1899, Page 22
Word Count
215DUNEDIN GOLD DREDGING COMPANY. Otago Witness, Issue 2368, 20 July 1899, Page 22
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