ANOTHER ALLEGED MINING SWINDLE. The South Australian Central Broken-hill Mine.

Te Aroha News, Volume V, Issue 270, 6 June 1888, Page 5

ANOTHER ALLEGED MINING SWINDLE. The South Australian Central Broken-hill Mine.

A {•JfM'KUTON dispatch to the " Sydney Teles' aph '' sayw : — Last night a meeting of .shareholders of tlic South Australian Gen b-al Hiokcn-hill was hold, and the rcuorb of the dhecfcor= who had visited tlic property was presented. The dircclors are Mossis Solo nion, Matters, ileacl, (Gibson, and Matt. The- Joporl. stales that the directors made a close in-peotiou oi the claim from which Iho oio which led to the floating 1 oi tho syndicate was alleged lo have been oblaincd, but they could iind nothinj in the .shape oi a lode. Beyond veins of <|uart/i( >, thcic was nothing -which, by any possibility, could repiepent tlic lode, Avhich the prospector declared cxi.stcd to a width oi between 20 iced find 25 feefc. There were a few .suitaco sor'iteiiinfts on the vein, but no opening from -which the c Jtibilcd '-aiuplea could have been (.dken. The piospocior was a^ked to .show the hole Worn which ihe oic was taken, but ■ failed to do ho. Thcdiiectoi s, after tiaver, sjiij; e\ci \ pcintof (.he piopei iy , w eie foi eed to Lhc conclusion that they had been induced to iine^t m ;t ventuic on fal.se lcpM'senl alions. All con.stdcr i(. fortunate imdiii'"; Ihi^ out behnc any money had been p.idoM.i to the jnonioLei. Tliey thought the nio-t judiciouj-coui -cv ouldbctoallrcth'e liom the ventuic, and it the vendor could not b<- made lo dch.'iy the i\pen.sc& alioady mem i e(i, ,oi the.shareholdei.stopay itproratn. t\ 111 1 C'ai ik^eeexjilainedllicentii'cigiioianceoi: luniseli and his paituer oi a iraud being alien. pted. ()j>inions weio liccly expiesscd lhat lliLie could bo no doubt that the ore c Jiibited vas horn some adjoining claim. 1(; wa- decided to adopt the repoit and pay the c\|h uses ineui red by the brokeis and direct ois in \isitiug the claim. All the mnncju rccei\cd as premiums will be retmned, and the brokers intimated their intention to-day oi piocceding againbfc the ptospeofor. The matter is attracting a good deal oi attention.