MOLYNEUX HYDRAULIC GOLD DREDGING COMPANY.
v TO THE EDITOR. Sir, — I am, a shareholder in he Molyneux Hydraulic Gold Dredging Company, and would like to know why half the time of, the dredge is lo^t in repairs, and when she will be resuming her operacions, so as to give shareholders some return foi their money? 1 bought shares in this' company nearly 12 months ago at a, premium. Soon after this she stopped work foi an overhaul, and has only worked a, few weeks since. Surely there must be sonie•"thing wrong when nine months of the year is .lost in stoppages. It seems that the company is running the dredge solely for those who are employed on it, and not for the poor unfortunate shareholder. Perhaps the secretary will give the shareholders some information on tha matter, and also let us know the financial position of the company. — I am, etc., Country Shareholder. Oarunru, August 27.
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Bibliographic details
Otago Witness, Issue 2425, 5 September 1900, Page 21
Word Count
156MOLYNEUX HYDRAULIC GOLD DREDGING COMPANY. Otago Witness, Issue 2425, 5 September 1900, Page 21
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