MEETINGS OF SHAREHOLDERS.

Thames Guardian and Mining Record, Volume I, Issue 148, 30 March 1872, Page 3

MEETINGS OF SHAREHOLDERS.

Golden Crown Goldminino Company.— The ordinary annual meeting of this company was held on Thursday afternoon at the office of Mr Tothill, Shortland street. Mr Wardrop was moved into the chair. Three shareholders were present as representing the proprietary. The report was adopted, with the exception of that portion of it which recommended the mine to be worked on tribute. Mr Workman was re-elected as director. The following is the financial statement read by tho chairman :—Dr.: To balance in bank Ist March 1871, £233 13s 7d ; proceeds of gold, £15,313 9s lOd ; tailings of gold, £1,501 198 5d ; Manukau Company, hauling,£l2o 10s ; interest and principal, £1,457 16s Bd. Cr.: By outgoingsrand general expend i» ture, £15,780 13s 8d ; dividend, £1,920 balance in bank, £926 15s lOd.

John O’Groats Goldminino Company. —The first annual meeting of this company was held on Thursday afternoon, at the office of Mr F. A. White, in Shortland street; Mr Whitaker in the chair. The following is a resume of the annual report, whicfc, upon the motion of Mr Whitaker, seconded by Mr Wardrop, was received and adopted:—lt occurred that soon after the formation of the company it became involved in a law-suit respecting its title. The company is now in legal possession of the mine. Tenders have been called for to drive 100 ft., and the directors are awaiting for them to be sent up from Shortland for their decision. The ground is favourable for driving, the cost probably being 15s per foot. With regard to the prospects of the mine, the directors are sanguine of a favourable result. In the ground now held by the John o’Groats Company, a former company found at a higher level a considerable quantity of rich ore, and there is every reason to expect there will be found to be a run extending to aud below the level now being driYen. The financial statement showed as follows : Dr.: To

cmKors, £94 10s 5d ; to capital, 1,000 shales of £5, £5,000. Cr.: Expenditure by debtors for calls, £197 2s Gd ; wages and general expenditure, £649 0s 3d ; cash in bank, £l2l 7s 8d ; in hand, £2 ; uncalled capital, 1,000 shares at £4 2s 6d, Messrs Whitaker and Wilson, the retiring directors, were re-elected. Mr Waymouth was again appointed auditor. — D.S. Cross.