MEETINGS OF SHAREHOLDERS.

Thames Advertiser, Volume VIII, Issue 2088, 6 July 1875, Page 3

MEETINGS OF SHAREHOLDERS.

Gem G.M.C, Taiiiua.—A meeting of the shareholders ia the Gem claim, Tairua, was held last night at tho. Pacific Hotel. All tho shareholders exept four were present. On tho motion of Mr T. B. Hicks, Mr'J. K. Macdonald was'called to the chair. He read tho advertisement convening tho meeting.—Cn tho uiolion of Mr Wickbam, seconded by Mr Bates, the following resolution was put to the meeting;—" That the proprietors of tbo Gem claim form themselves into a company under the Mining Companies Apt, 1872, io bo called the Gem Gold Mining Company (Limited) for the purpose of working the Gem claim, Tairua, with a capital of £5,000, in 10.0C3 shares of 10s each, nil paid up." Mr Hicks thought the capital was too small for such a large number of shares. If machinery was required it would fake tho whole capital.—Mr Hudson said that' if at any timo it was required, additional shares could bo created.—Mr Scott explained that Jho examplo.of tho.Tairua Company' was followed.'— Mr Hicks moved that tho capital bo £10,000 in £1 shares.—Mr Kneebone seconded tho amendment, which was put to tho meeting, and. lost < on tho .voices, and the: original motion 1 was carried.—Mr Wickham proposed that Mr ft. McDoneld Scott be appointed secretary to tho company, at a salary of £1 per week, with transfer fees, ami. that the office of the company bo at Drown-strcet, Grahamstown.—Mr Enecbone seconded this motion, which was carried.—The meeting then proceeded to adopt rules. Copies.of tho rules qI the' Windfall] Company,

'which .wororcoommondod.*a3 beingvory., good rules, wcro discussed seriatim', .soverol]nltdfatiotis wcro imado- j On tbp* motion of Mr Bates, seconded by Mr Millcr.MessraS. Browning, W.O. Wilson, J. H. Pryor, J. Cook, and J. D. Wickham were • elected > directors without opposition,' The/ rules, after alt alterations had boon made, wo adopted as tho rules of tho-company, and signed by tho Chairman. —Mr Hicks, proposed that Messrs Macdonald and; Miller\bo tho solicitors of tho company, Mr.Gcllion, auditor, and tho Bank of Wow Zealand bo bankers to tho company, and tho motion was carried.—A voto of thanks to tho Chairman terminated tho proceedings.—Tho sharcboldors thon partook of tho Chairman's hospitality, in tho shapo of good champaeno and sandwiches, and sueoass was- drank to tho nowly-ibnued compauy. Stbwabt Goid ; Miking Company, Taibua,~A mooting of tho sharoholdors of tho -Stewart Gold -Mining. Company was held at 'tho ofiico .of Mr' Korsbrugh, tho legal manager, yosterdny, Mr A. G. Hortbn in the chain Tho ; following gentleman wcro appointed provisional directors:-Messrs A. G. Ilorlon, D. Stowart, G. MoCaul, If.•• Workman, and —. Smith. "Tho legal manager was instructed to call a gcnoral meeting of tho shareholders with as littlo delay as possible ■-, , National G.M.C., Taim;a.-Tlio provisional directors of tho National G.M.0., Tairua, held a meeting last evening, Mr D. Macnab in tho chair. Mr Scott Hunter was appointed niimrmanagor, with instructions to commenco operations at onco.. Ho was authorised to procure tools nud materials, and employ men, so as to commenco work without delay. ■ Sanduokst G-.M.0., TAinuA.-At. n meeting of tho directors of tho Sandhurst G.M.C., Tairua (Scanlan's olaira), Mr b'canlau, after whom tho- claim was originally named, was appointed minO manager, with instructions to commenco immediato'operations. Thcso instructions yvero carried out by tho nowjy-appdiutcd manager I\t onco. Ho purcbasedjopls and other requisites, and' proceeds to Tairua to tako ohargo of tho mino, and commence operations to-day.