Page 3 Advertisements Column 1

Ashburton Guardian, Volume IV, Issue 840, 12 January 1883, Page 3

Petroleum. —At a meeting of the directors of the Southern Cross Petroleum Company, held in Christchurch last evening, Mr F. W. Williams, a shareholder who had just returned from Gisborne, stated that the prospects of the Company were very good indeed and it was impossible to go anywhere without seeing oil oozing out and the surface of the ground was covered in paraffin. A roan from Pennsylvania, who was employed by the Pacific Company, stated that the prospects are better than in some of the American oil regions.

—After some further conve-s >.tion, Mr E. Wicks proposed, and J. Webber seconded —“ That a committee be formed, consisting cf Messrs F. W. Williams, A. Joyce, T. B. Craig, Dr Rouse, and the Chairman, to co-operate with Mr Motely, acting for the Napier shareholders, and that this meeting pledges itself to hand over all proxies for the purpose of carrying out such arrangements as the Napier and Christchurch Committees 1 may deem necessary. ’’ An amendment was proposed by Mr Hooper, and seconded by Mr G. Hyde, .as follows : —“ That all the words,after ‘ shareholders ’ be expunged, and that it read, ‘ and report to an adl jpuurned meeting to bo held this day week as to the best course in their opinion to be adopted by the shareholders.’” A 1 show of hands resulted in the amendment 1 being carried by 11 to 2. Mr B. Wickei ] proposed, M r Webber seconded, and it 1 was* That the shareholders j present agree to contribute pro rata, according to the interest held by them, to I defray the necessary expenses of the committee in carrying out the foregoing resoI lution, and also any expenses already incurred.”

TOWN EDITION. Tissued at 4.30 •/. n,. ] New Advertisements. WANTED— An intelligent LAD, for the. Office. Must write a fair hand, and be willing to make himself generally useful. Apply to The Manager, : Office of this Paper. 0.G.T., STAR OF THE EAST - LODGE. —Members of the abpvLodge are requested to MEET p SATURDAY Night. Business, urge and important. Awked Cook, L.D.