PERSEVERANCE MINE.
To the Editor op the Eyenixo Mail. Sib— Mr Mabm haijbeen lha legal manager of the Perseverance Company for considerably more than four year**, and is as will able as anybody to form a co-rect opinion of tbe result o' any further working o' it. Althou.h ht is nt t a shareholder, and his views conee quen'ly have not been tested by a vote, I am coufi lent tint neither he nor any one of the gentlemen who have acted as Directors of tbe Com par y fdnce the first Board w_s chosen (with the exception of two out ot ihe eight prcst-nt ones), is sanguine inouj-h to believe that any additional expenditure can prove more productive tban if tbe money puggtste.l to be spent upon it was cast info the sea. Aro'l er muter must not b. Jo«t fight of, namely, that if the remaining capital be called up, and every penny got in, the whole sum, after paying the Company's debt-*, will be insufficient to me t hdlf the cost of the work proposed to be undertaken. I am, &c, A Dissentient. Nels.in, Apiil 29.
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Bibliographic details
Nelson Evening Mail, Volume IX, Issue 102, 30 April 1874, Page 2
Word Count
189PERSEVERANCE MINE. Nelson Evening Mail, Volume IX, Issue 102, 30 April 1874, Page 2
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