MULTUM IN PARVO.

Auckland Star, Volume II, Issue 582, 21 November 1871, Page 2

MULTUM IN PARVO.

A meeting of the shareholders ol' the Mullum in i'urvo Company w»s'held nl the British Hotel yesterday alteruoon. No. iof die rules cm the Articles of As;-oeiatio;i Was altered so as to make tho'uumber ol the directors six instead oi' live. It was finally decided that holders of 50 shares bocompetent (o form one on the directory. The following shun holders were appointed directors; — W.' A. Laxon, (J. B. llobui^un, James Oopelaild, M. Bruce, ci. VV. Hooker, ;imi J. Bent. Air. Whylehead proposed; '" That it be tlio duty of ihe secretary and the directors, previous to every halfyearly meeting, to oxuuiine ail documents relating to the properly of tile company, to see lhat the title is always good, und that, it be kept in strict conformity with the laws, and with every new law that may be made from time to time." —Mr.' Keesing seconded the motion. — Mr. liigley moved, us an amendment, " Tliat the Warden be recommended to discountenance tlie jumping of claims.' He protected against Wardens allowing men to be robbed in the manner they had done, as taking the- Providence uU'.nr for instance.— Air. lligloy was asked to withdraw the amendment, as it might, in the present position of thi! company, by injurious to the shareholders. —Mr, ituley said he was not g>>ing to pr.fs the laotion, but he ehoulJ like.to have ix shij at the motion. -It was proposed by Mr. Clements that rn'e 8 be expunged, and '.lie following words substituted' in itw »u>ad, " I but the whole of the directors retire annually, at the an mil meeting held in September.1'— It w.is finally determined io leave ihe motion over to the iiext annual meeting. The following- rules were expunged: —" II art* done- by any meeting of the directors, or of acommittee of directors, or by any person acting us a director, shall, notwithstanding that it be alterwnrds discovered that there was some defect in the appointment of ajiy suet directors w y^tsnoiin acting -as otojesaid, Or tjiitt' they or any of them were disqualiii6<l, be i\i valid as if every such person hud l)epii duly appointed and was qualified to be1 a dii'ejor. Member whose name stands'first in tu-.v register of mombjra as one of the holders ot such-share, and no other, sha'l he entitled to vote in respect of the same. Volts ma.v be given, either personally or .by proxy, beniJ * shai'eholder in, this eouipauy, or a shareholder in an incorporated . cvuipan^ holding.a share iv this coin|)iiny, appointedm writing." Moved that "Su uireeior slmk work ,in the compauy's mine or hay« any interest in any contract let by tiie company."—The resolution was carried.—' Herald.