THE BLOE SPUR MINES.

Ashburton Guardian, Volume VII, Issue 2239, 28 September 1889, Page 3

THE BLOE SPUR MINES.

Oonoernlug the Blue Spur Consolidated Company, the London ocrrcßpondei>t of ttie " luapeka Times" wri'.es: — "A cumber of tne shareholders, representing abont £10,000 worth of shares, have already ccmmocced prooee^iogs {or the recovery of ttiuir money from taedlreotors here. Dt Cameron is the leading spirit m thia movement, and I havo been i sjured that for the course tLey are taking they havo tbe vay highest legal opinion. Mestra Kenyon and Hosking, solicitor*, of Dunedin, have been authorised to colleot evidence from those acquainted witn the histoty of the Blue Spur. Wnen thia arrives no it.< c will be lost In taking the nsoefistry steps for attacking the pros* pectus on which theoompany was founded There was some talk at first of making Mr J O. Brown tbe defendant In whatever proceedings might be instituted, bat what Sir Walter Boiler called his lmpeoanious condition at onoe put that out of the question. In tbe meantime, Sir Walter talks of resigning the chairmanship and going out to your oolony, with (be determ nation, It Is said, of putting tbe saddle on the rl&ht horse — of explaining his own connection with the oempany and showing unmiatakeably who the guilty man is. 1 frequently make a point of meeting and conversing witb some of the leading shareholders, who appear to have altogether abandoned all hupes of dividends ; at least they never speak of such things.'