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HOHONU MINING COY.

The statement of affairs of Itlio Hohomi Diamond Terrace Gold Mining and Water Race Company, which is published in a recent Gazette, shows that the Company was incorporated in June, 1914, with a nominal capital £25,000, divided into 100,000 shares. The amount of capital subscribed is £22,500, and the amount actually paid up in cash in New Zealand £3,614. The price paid to the vendors of file mine was 20,000 fully paid up shares, ■which are held by the company pending settlement and £5,000 in cash. The company employs in Nbw Zealand an average of 10 men, and has proa need since registration 3480zs of gold, valued at £1365, of which amount 178 ozs was produoed last year. fijiac© registration ‘in New Zealand the company has expended £ll 359. The amount of debts directly due to tho Company in New Zealand is £1270, the whole amount of which is considered to be good. The New Zealand liabilities of the Company aro £1.50. Tho declaration that the statement is a true and complete one is made by Mr. James Park, the afitarnoy for 'Ae Company in New Zealand.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HOG19170416.2.28

Bibliographic details

Hokitika Guardian, 16 April 1917, Page 4

Word Count
190

HOHONU MINING COY. Hokitika Guardian, 16 April 1917, Page 4

HOHONU MINING COY. Hokitika Guardian, 16 April 1917, Page 4

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