MEETINGS OF SHAREHOLDERS.

Auckland Star, Volume II, Issue 353, 25 February 1871, Page 2

MEETINGS OF SHAREHOLDERS.

Last evening the annual meeting of the shareholders of the Eureka Q-old-inining Company was held in the large room of the G-rey-houud Hotel, for the purpose of receiving the repoit aud balance-sheet, electing a director I frid auditor, and other business. There was a very large attendance of shareholders, and Mr. Kit :l)ie occupied the cho;r. The mining manager's report and financial statement were real and adopted. The report gave a very satisfactory account of the chai'acter of the ground, and the balance-sheet showed that there was a balance of £200 at the bank to 1.1.., crwnt or tlie pomnnnv. A motion was passed, regretting that the directors had not prepared any annual report. A number of gentlemen were proposed to fill up the vacont dh'ectorship, and Mr. Sherard was elected. Mr. Qarlick was appointed auditor. It was resolved that the office of the company should be moved from the Thames to Auckland. A want of confidence was expressed in the present mining manager, and it wa3 resolved that hi 3 sei rices should not be retained. Considerable discussion took place upon the present prospects of the mine. It was agreed, on all hands, that it wus a very valuable piece of property, and that capital was alone required to bring its riches to light. The Chrirman stated that the whole of the capital being now called up, some changes would have to be made if the shareholders wished the mine to be worked profitably. Ho would suggest that the company should be re-formed, and some 2000 shares issued to the old shareholders ; the shares to be £210s. shares, COa. paid up. He rcfeired to the valuable stone which wai knpwn 1 i bo running from the Kuranui ml o the;r ground at a. low level, besides valuable leaders >Vom other claims, which could not at present be got at for want of funds.—Mr. Yon der Heyde suggested that an extraordinary meeting should be held, in order that fresh arrangements might be made, by which the ground could be worked at a profit; and Mr. Williams moved a motion to that effect, which was unanimously carried. — Mr. Gregory thought the mine might be let on tribute, with advantage to the shareholders. The chairman said their property was fur too valuable to be dealt with in that way, but there were certain portions of it in the upper prrfc of- the ground that might be let to tributers. After some further observations, the proceedings terminated with the usual vote of thanks.—A meeting of directors was afterwards held.

The half-yearly general meeting pud extraord;wy meeting of the shareholders of the Wild Missouri Q-old Miu'ng Company was held yesterday afternoon, at the office of the legal manager, Mr. Charles Totlr 1. 1, Shortlandstreet. There was a veiy large attendance of shareholders. The legpl manager's, working manager's, and directors' reports were read and adopted. 305 shares, belonging to shareholders m aivea.s with the?'r cells, were forfeited. M-\ J. T. Mackelvie, the retiring &' ector, was re-elrcted.