INTERPROVINCILA NEWS.

Grey River Argus, Issue 70, 23 June 1866, Page 3

INTERPROVINCILA NEWS.

>;^^aKA Ogmpanyj under the titj,^ of' xc j;^^^aihu Company (Lhnited), is'proj'ected v|^^fcr prospecting and working the Corofj^^pandel gold field by deep sinking. The [fiP^pioppsed cajjital is L 7,500, of which W '1i3,535 has been" already paid up by the issue of 793 preference shares of L 5 each. The; '^Southern Cross" gives, the follow- - f nig s.tatistics of the yield of the Kapanga ff^i -Hline : — " It has yielded, in"l 9 months, 0: ; ; 7,7Qppz. gold, returning L 20,902: The ? '''' <; r : 7iaictiijil current cost for that period, including purchase of machinery, was L 13,06 0; and paid up capital was L 3,038. Tue yield of gold during this period was 66 per cent in excess" of the. cost of obtaining it; and has yielded' a profit of 2bß per cent on the working. capital in nineteen months;" " : i Expensive Litigation. — The "Daily ?■ Twines " makes the faUowing"reinai?]is ona case recently heard in the Supreme /: Court: — "For two years and a half, 1/ Slate v. Morris or Morris v. Slate, has |; constantly been appearing in our law re- "§/ ports. It has been Jarndyce v. Jarndyce Sr ; - on a small scale. Morris "was a settler in fi- the Peninsula district, and Slate, an old ||?!. acquaintance, went there, and at first || worked for Morris. Jn 1861, if not §& earlier, according "& Slate's account, there was an agreement that he was to have I ten acres of Morris's land, for £20 ; and the £20 was paid and possession taken. Morris denies that there, waj ever such a payment or even such an agreement j and one branch of the struggle was commenced by his forcibly ejecting Slate from the land. Slate followed by an action to recover certain dpcuments to give him legal title to the ten acres. It would be painful even if profitable, to trace the contest through all its phases". From the first Slate has : \een the success- " ful party in Court ; and from the "Waste PLand Board he. has got a Crown Grant. Morris has never vef yielded. He has twice filed a schedule in insolvency ; ho has been seven months in prison, being " kept there by a detainer for law expenses ; iie'has, according. to. his own account,. ■ ceased to possess anything. But he hS,d #S conveyed some 80 acres.""?! land to his k wife ; and yesterday .Hdtie Supreme Court p; was occupied in tiying issues with a view »to a decree as to whether or not that setf Ilement should be declared to be void, as '■• . defeating, liindering, delaying, or de-i^^-^Sding 'Slate, whois a creditor foi> over '// v -£2OO, £50 of which is the amount pi a verdict, and; the balance the amount o| -costs carriedby that verdict. The case is ; "reported ■elsewhere. The- findings, were. - all against Morris ; and the. decree will no douTbt be' that Mrs Morris, must give : : : -i up the. land, &c. ; An. application was ■ ; made to have Morris released from cusf^tody J.buthia^ Hoiior said that the apph"- ;- --• 'cation must be renewed Jin Chambers, ■\^ after nojbice $p tiie detaining credi±or v