COUNTY COUNCIL.

Mount Ida Chronicle, Volume VIII, Issue 422, 17 May 1877, Page 3

COUNTY COUNCIL.

ordinary meeting o tho Ma" niototo County Council was held on Wednesday last. All tho Councillors were present. Tiio minutes of last meeting were read and connrmed. The outward and inward correspondence was read. A petition from residents at Garibaldi Diggings was read, asking that tho branch road leading to that place might be seen to. then went into Committee. GARIBALDI. Mr Turnbull moved, Mr Shannon see onded, and it was carried—That the Chairman Le instructed to ask the Interim Road Inspector to iuspect the branch road to Garibaldi Diggings, and also other branch roads, with a view to putting them in repair. I'OtrND. The Chairman read the report of the Csmmitte appointed at last meeting re establishtnent of a pound. After some discussion as to site, Mr Shannon proposed, Mr Turnbull seconded, and it was carried—That a Committee be appointed to select a site on which to erect i, public pound, consisting of Messrs Turnbull, the Chairman, and tho mover, Committee to re-, port at next meeting. ; CLERK AND TItEASr/UER. Tho Chairman stated that the next matter to be dealt with was to consider the applications for tho office of Clerk and Treasurer. Was of opinion that'the office should bo Clerk and Sub-Treasurer, some member of the Council being appointed Hon. Treasurer, who would then be directly responsible to the Council. Ho himself woLdd be willing to act, if appointed. Mr Laverty moved, and Mr Williamson seconded—That thi3 Council appoint the Chairman to tho office of Hon. Treasurer to to tho Council. Carried. FINANCIAL COMMITTEE. Mr Holland moved, and Mr Brown seconded—That Messrs Williamson and Shannon bo a Committee to countersign cheques, and, together with tho Hon. Treasurer, perform such business as may bo entrusted to them by tho Council. Carried. BANKING ACCOUNT. Tho Chairman read and laid on tho table tender from Bank of New Zealand re banking account. Mr Shannon proposed and Mr Htcwart seconded—That tho tonder of tho Hank of Now Zealand bo accepted. Carried. COUNTY rKEMI3E3. The Mayor of HBeeby'a tonder of office, Town Hall, was occopted. Tho Council resumed, and confirmed the motions passed in Committee. CLEKK ANIi XJtBASUEEB. " The Council resolved itself into Committee to take into consideration applications for Clerk and Sub-Treaaurer. On tho Council resuming tho Chairman road report of Committee, which recommended tho appointment of Mr Hugh Wilson as Clerk and dub-Treasurer.—Resolved— That Mr H Wilson's services as Clerk and Sub-Treasurer bo accepted.—Resolved—That he bo asked to provide security to the amount of £3OO. CHAIEItAK'a SALARY; Mr Holland vacated tho chair and retired while thin matter was discussed. Mr Turnbull was voted to the chair. Mr Brown proposed and Mr Laverty seconded—That tho Chairman's salary be £250 per annum. An amondmont was proposod by Mr Foster, seconded by Mr Stowart—That the Chairman's salary ba £2OO per annum. The amendment was put and carried. ADVKrtTISING AND PKIHTINff. Messrs. Wilson and do Lautour'a tender for advertising and printing was accepted. KISPOIIT3 Or METSTING.S. Bcgarding the request of the proprietors of tho * Southern Mercury,' that the Council furnish them with reports of meetings, it was resolved that tho Council could not undertake to comply with tho request. / . MISCELLAirKOrjg. Resolved.—That the Chairman bo authorised to procure all necessary bonks, stationery, &c. That tho next ordinary meeting take place in tho Town Hall, Naseby, on Wednesday, 6th June. That the Clerk and Sub-Treasurer bo asked to assume his duties on Ist Juno prox That a special mooting be convened, to adopt Byelaw No 1, on Wednesday, June Pith.

MOUNT IDA PASTOEAL INVESTMENT COMPANY, LIMITED. ANNUAL MEETING. The annual meeting of shareholders 0 tho Mount Ida Pastoral Company (Limi ted) was held at the Company's offices on the evening of Tuesday, the 15th. Thero was a largo attendance, Mr. Inder presiding. BBPOBT. Tho Chairman opened the meeting by observing that no doubt an elaborate s tatement of tho Company's affairs was expected of him, but he would confine himself to reading tho yearly report an d balance-sheet,rocommended by the* share, holders for adoption, and which, he fel* sure, was as full and comprehensivdPas it was satisfactory. The report —which entered minutely into tho detail of > the Company's transactions* and showed them to be in the highest degree satisfactory, recommending payment of a dividend of 28-J ycr cent. —was then read, the Chaikman making an exhaustive explanation of tho different items as they arose, so that tho prosperous condition of the Company might bo rendered perfectly clear. BJe begged to move the adoption of the report. Mr. Glenn seconded, remarking that the report was a very careful one, and could not fail to be satisfactory. He thoroughly approved of the course pursued by the dh'ectors during tho past year in every particular, and that was the sentiment of every shareholder who had spoken to him on tho subject. The motion was then put, and carried unanimously. ELECTION OF DIEECTOE3. The Chaieman then mentioned that, according to tho usual form, thero were three retiring directors, namely, Messrs. Mackenzie, Newman, and himself, these being, however, of course eligible for reelection. Mr. Moobe proposed that the three gentlemen alluded to be re-elected; and tho motion, seconded by Mr. Glenn, was carried unanimously. ELECTION OP AUDITORS. It was proposed by Mr. Glenn, and seconded by Mr. Mooee, That Messrs. Grumitt and Wilson be re-elected Auditors. Carried. MANAGER'S SALARY, Mr. Glenn then proposed, That, in addition to tho bonus which he understood had already been voted by the Directors to the Manager, Mr. Geo. Oliver, that gentleman's salary be augmented by £SO per annum. Ho felt quite sure he was speaking too wish of the meeting in this proposition. There was no denying tho fact that tho Company was in' the highest degree prosperous, and it was equally certain that, in a great measure, that prosperity was due to the efficiency of tho local manager. The recent extension of tho Company's affairs made the concern a very large, and, consequently, a responsible one, and it was desirable that tho manager should be fairly paid. Mr. Geo. Stephens expressed much pleasure in seconding the motion, which was unanimously carried. tUBECTORs' SALARIES. Mr. Ceeighion moved that the Directors, in addition to their allowance, be awarded a bonus for their attendance during the past year. There was no doubt that their duties had been onerous, owing to the purchase of Hugged. Ridges Station, and enlargement of their operations. Mr. Young suggested that a sum should be specified, and moved, as an amendment, that an additional four guineas each bo awarded them. Mr. Oliver seconded. Mr. Glenn objected. Tho original sum. was, no doubt, very small, and tho Directors gave great satisfaction ; but ho thought tho honor and glory of the position was sufficient. The motion was put, and carried by a large majority. Mr. Glenn moved that, for the ensuing year, the remuneration of tho Directors remain tho same as it was last. The Chairman might bo allowed to say that the Directors had now a great deal of work in connection with tho Company, and it was hardly fair to expect them to do it for £4°4s. a year. Mr. Babeon proposed, as an amendment, that tho remuneration be increased to £lO 10s. per year. Mr. Young seconded tho motion. Mr. Mackenzie considered it right that the amount should be increased. Tho laborer was worthy of his hire, and they wero no doubt awaro that the conduct of tho Company's financial affairs entailed on tho Directors a great deal of labor. Mr. Glenn having withdrawn his objections, tho motion was carried by a largo majority. The remuneration of tho Auditors having been fixed, tho meeting terminated with a hearty vote of thanks to the chair.