South Pacific Petroleum Company.
Mr. C. D. Berry, local representative of the above Company in Gisborne, has received a cablegram from Sydney, advising that at the general meeting, held on the 16th instant, the following clauses were adopted : — 1. To consider and determine as to the advisability of having the Company registered under “No Liability Act of New South Wales,” 45 Uictoria, No. 23. 2. To reduce the number of members required to form a quorum at general meetings ; to provide for a semi-annual meeting, and to I alter the time at which such general meetings are to be held, in accordance with the provisions of the 82nd clause of “ The Companies Act of New South Wales,” 87 Victoria, No. 19. 3. To authorise the Directors to appoint a Committee of Advice at Gisborne. Mr. Berry also reports thas the flow of oil in the small tubes at the 260 feet level is increasing rapidly, and that the rods are still in the rock.
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Poverty Bay Standard, Volume IX, Issue 980, 21 September 1881, Page 3
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164South Pacific Petroleum Company. Poverty Bay Standard, Volume IX, Issue 980, 21 September 1881, Page 3
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