DUNSTAN DISTRICT FLOUR-MILL COMPANY.

Dunstan Times, Volume 640, Issue 640, 24 July 1874, Page 2

DUNSTAN DISTRICT FLOUR-MILL COMPANY.

Tlio adjourned meeting of Shareholders was held in the Library Hall, Clyde, on Saturday, July IS, IS7L A good number were in attendance, and J. Ilazlelt, Esq., Id.P.C, was voted to th 3 Cliair. The Chairman in opening the meeting explained its object—that of electing a permanent Boaid of Diiectois ; ho said he was glad to sen so good an attendance, it evidenced that an interest was felt in the undertaking, and he hoped that that interest would not flag until the Mill was erected and the scheme brought to a successful termination ; he then called on the Secretary to read the report of the Provisional Diicc tors. Report. Your Directors having disposed of a sufficient number of Shares to warrant them in convening a meeting of Shareholders, heg now to redg i their trust into your Iran Is. They heg to state that from the fact of soma misunderstanding wrth the promoters, or rather, some uncertainty as to whether the Tiger Date Flour-mill Company is to ho proceeded with, a great number of the residents of Black’s district, who otherwise would have entered heartily into your ecke me, have withheld their support. Y our Dircctcrs, however, are of opinion that immrdialely a permanent Directory is appointt I, and a something done as a guarantee that the Dunstan District Flour-arid will he erected, those, who up to the present time have held aloof, will readily join, and that no difficulty will ho experienced in raising the requisite Capital for the purposes required. The mini her of shares applied for is IDS, and upon w Inch the application call of 10s each is paid. Two of the shares are fully paid up, thus showing the confidence that gentleman has in the undertaking. Your Committee have incurred for print ing, advertising, and other incidental expenses the sum of 2SI, 10s, which amount they recommend to you for payment. Proposed by Mr Hanlon, seconded by Mr Conuew, That the repoit as read he adopted. Carried.

The C'haii man now said the report of the Provisional Directors having been adopted, the vvh de affair was now in the hands of the shareholders, whose next duty was the election of a Permanent Directory.

Proposed by Mr Glass, seconded by Mr Corrigal,— That the Board of Directors consist of seven Members.—Carried.

The nomination was now proceeded with, and thirteen gentlemen were proposed. A ballot was taken with the following result : —Robert Wdson, Esq., of Dunedin, and Messrs Ha deft, Mavlor and Auckland, of Clyde ; Messrs Williams and Hanlon, of Wai Kori Ken Valley; and Mr M ‘Arthur of Yankee Flat.

Mr Thomp-on, of Black’s, 'asked where the Mill was to be erected. The Chairman said ho understood that Chat I,) Creek was selected as the site, and so far as ho was concerned that would ho adhered to ii there was sufficient water for motive power and a conaenicnt piece of ground for site could ho obtain d. The mooting then closed with a vote of thanks to the Chair.

A mooting of the Directors was held on the rising of the former meeting, whenthc following business was transacted. J. Hazlctt, Esq., jwas appointed Chair-

following business was transacted. J. Hazlctt, Esq., jwas ajipo'uted Chairman. -A. Christophers, Esq, was appointed Treasurer. Mr G eoge Faohe, Secretary. Resolved—That the Secretary take the necessary steps to register the Company under the Joint Stock Company’s Act, 1860. The meeting then adjourned till Saturday'the 25th instant.