BENDIGO DEEP TUNNEL COMPANY.

Cromwell Argus, Volume V, Issue 269, 24 November 1874, Page 5

BENDIGO DEEP TUNNEL COMPANY.

An adjourned meeting of the shareholders of the Bendigo Deep Level Quartz Mining Company was held at Mr Goodger’s Hotel, Cromwell, on November 17, —the business being the appointment of permanent Directors, Manager, &c'. There was a good attendance, and the greatest interest was taken in the proceedings, the meeting not concluding until among the small hours. Mr G. W. Goodger was voted to the chair. A long discussion took place about the 6000 shares that had been placed in Mr T. Logan’s hands for sale in Dunedin, The facts as brought out were as followsAt the former meeting a resolution was passed that these shares should have preference before any applications here up to November 5, until an answer would be received from Mr Logan by telegram ; and Mr G. B. Douglas (one of the promoters) was instructed to telegraph to him at once. This had been done, and no answer being received by Mr Douglas, the shares were applied for and the allotment paid in Oromvell. In the meanwhile, it seems Mr Logan had telegranhed to Mr Oolclongh, saying tint these shares were sold ; but no information of this was given to Mr Douglas or to the pro tern, manager, so "hat no knowledge was possessed by anyone ill the district in connection with the concern except Mr Coldougn, of die sale of these shares. Under these circumstances, therefore, it was finally decided that the shares should be allotted to the parties in Cromwell who had applied and paid the allotment. The following gentlemen nere chosen Directors Messrs T. Logan, f Mitchinson, J. Taylor, W. Cameron, T. M'Morran, J. Marsh, and E. Murrell. , It was decided, as all the shales were taken up, to register the Companj under the Limited Inability Act, and tw commence work at once. Mr Marshall was appointed legd manager, and at a Directors’ meeting aftd-wards,°Mr George B. Douglas was appointed working manager, A special claim of 601 acres was resolved to he applied for, and Work commenced on Monday, 23rd instant. V