ACCIDENT TO A DREDGE.
▲ SERIOUS LOSS. MB FBXBB ASSOCIATION. Danonr, October SO. Particulars to hand regarding the disanter to the Sixteen Kile T*— Dredge are conflicting. There vu a caretaker on | boird for the oompuj l , also a youog mas named James Austin, who w&i looking after the interests of a Dunedin engineering company. Tbe dredge sank or broke away last night at 11 o'clock. One of tbe pontoons, after travelling through tbe AlexandraRoxburj, Gorge, was stranded abeut a mile below Roxburgh. The maohineqr had been ewept off by the current, which must have been very strong, as the river was 15 feet above tbe norma) mark. It was reported that An«tin,. who was on board, had been drowned; but a later npeoial message to the Times to-night stys the caretaker alleges that Austin was not drowned. The company bad just nude financial arrangements with the and other?, by mortgaging the and was awaiting tbe deed being registered. The Original subscribed capital was £6500, since which 1780. preference shares have been issued. All that is left to represent this in the claim. There was no marine insurance on the dredge.
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Bibliographic details
Taranaki Daily News, Volume XXIII, Issue 257, 31 October 1901, Page 2
Word Count
190ACCIDENT TO A DREDGE. Taranaki Daily News, Volume XXIII, Issue 257, 31 October 1901, Page 2
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