DEVILS CREEK QUARTZ MINING CO.
(To the Editor.) Sic, —On looking over your report of the special meeting of shareholders of the above-named company, recently held at Waipori, I am made to oppose the adoption of the report and balance sheet, and to say that I, with the other prospectors, agreed to pay the prelimiuary expenses on the understanding that we were to receive 2500 paid-up shares. I wish to say, in reference to the agrceaient supposed to have been made, I stated that we promised to pay the brokerage, not on 2500 shares, as stated by the legal manager, but only on those shares over and above the number sold in Waipori. Some weeks before the -share lists were closed, the provisional directors took upon themselves to reserve 2000 shares, thereby, in our opinion, cancelling the agreement, if any existed. There is another subject in connection with the company upon which I would like to make a few remarks, for the information of shareholders residing at a distance, and who have only seen the mining manager's report, by which they will be under the impression that the claim has been thoroughly prospected. Whereas, sir, as I stated at the meeting, the actual amount of work done in the Company's ground, is as follows, and which the mining manager could not contradict —viz., east side~ of Creek, 1 tunnel Hi-feet, and one surface trench across line of reef; -west side, 1 tunnel 10^ feet, 2 shafts, depths of 18 and 21 feet respectively, and 2 surface trenches across line of reef; and bad that work been let by contract, it could have been done for, say from £50 to £60. The 100 feet tunnel, as mentioned in the manager's report, along the course of the vein, is actually not on the reef, but on a small mullock vein outside the Company's claim. Now, Mr. Editor, can you inform me by what authority, moneys subscribed to prospect the J). C. Q. M. C. claim, should be expended in prospecting outside said claim, they might as well have gone prospecting to Cromwell or Coromandel. By inserting the above, you will oblige, yours respectfully, John Taylor. Lammerlaw, Waipon, Feb. 28.
A c'ty fop, who was taking au airing in the country, tried to amuse himself by quizzing au old farmer about his bald head, but was extinguished by the old man, who solemnly re marked " Young man, when my head gets as soft as yours, I can raise hair to selL"
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Bibliographic details
Tuapeka Times, Volume VI, Issue 267, 13 March 1873, Page 7
Word Count
418DEVILS CREEK QUARTZ MINING CO. Tuapeka Times, Volume VI, Issue 267, 13 March 1873, Page 7
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