LATEST AUCKLAND NEWS.

Thames Guardian and Mining Record, Volume I, Issue 252, 30 July 1872, Page 3

LATEST AUCKLAND NEWS.

(FlttTll OUR OWN CORRESPONDENT.) 0 THE GREEN HARP CASE. THE THAMES GOLDMINING COM PANY. ANNUAL MEETING. AUCKLAND.

Monday, 8 p.m. The hearing of the charges against the old shareholders of the Green Harp Gold Mining Company was resumed at the Police Court this morning. Richard R. Hunt was examined. From his evidence it appeared that he took steps to try and settle the matter with- the defendants, although against his brother’s wish.

Charles W. Hall, correspondent for the Herald at Coromandel, gave evidence. In cross-examination he stated that he had always given the mine full, repeated, and continuous reports in the Herald, praising up and writing up the mine. He based his reports chiefly upon personal observation and from information from the mine and battery managers. He believed that his statements with regard to the richness of the mine were correct. The annual meeting of the Thames Gohlrnining Company was held in the Insurance Building to-day, C. J. Stone, Esq., in the chair. The balance-sheet and directors’ report for the-past yar was read and adopted. The following is the balance-sheet and report: “ Your directors are gratified in being again aide to meet the shareholders with a satisfactory report. During the year the income of the company, from vaiious sources, has amnunted to £70,171 7s 4d, and though they cannot point to the enormous dividends of the former year, the confidence expressed by your-directors at the last annual meeting cf shareholders has to a considerable extent been realised, the sum of £54,000, or £9 per share, having been paid in dividends during the year ending June 30th, 1872. During the year, stock to the amount of £3,029 6s lid has been sold, and your directors have invested the sum of £5,011 17s 3d in mining interests, and have paid calls on various valuable interests held by the company, amounting to £4,181 Is 9d. Under the articles of association, as they are now framed, the shareholders have no voice in the election of directors. The company was originally a private undertaking, the property of a few persons, and the first directois had the exclusive right of nominating directors to the Board ; but, now that the number of shareholders has so

largely increased, the directors propose to alter the articles of assceiation so as to permit of the election of directors by the shareholders. Resolutions have been framed accordingly, and they will be submitted to the shareholders for their approval. The directors recommend the appropriation of £SOO for the payment of directors for the current year. A list of mining interests held by the company is attached to this report. —C J. Stone, Chairman. —Auckland, 25th July, 1872.”

The balance sheet shows the receipts and expenditure to be as follows:—Dr. Balance profit and loss, 1871, £1573 4s 7d ; mining stock sold, £8,029 6s lid; dividends received, £61,787 10 5d ; rents, £lO4 10s; transfer fees, £250, total, £71,744 11s 11 d. Cr. Dividends paid, £54,000 ; stock purchased, £6,983 4s; calls paid, £4,181 Is 9d ; Lucky Hit Machine, £B3O 15s 6d ; honorarium to directors, £750 ; salaries, etc.. £1225 13s 8d ; balance in the Bank of New Zealand, £3,773 17s

An extraordinary meeting of the shareholders of the company was then held, when, after some discussion, the following gentlemen were elected directors :—Tlios. Russell, C. J. Stone, A. Wardrop, J. L. Campbell, and W. C. Wilson. A number of new rules for the working of the company were then passed. Of the old rules clauses 47, 48, 49, 50, 51 were expunged. An inquiry was held at the Customs today into the cause of the wreck of the ship Indiameo, lost at the Easter Islands. The evidence adduced was corroborative of that published in the Cross of to-day, which says—By the arrival of the barq.

Prince Alfred from Tahiti and other islands, we learn that the ship Indiatnan, from Melbourne to Callao, went ashore on Easter Island on March 25, and became a total wreck. The Indiaman, a ship of 1,200 tons, it appears left Mel bourne in ballast on M ireh 4 for Callao, where it was intended to load guano. Some time after leaving the vessel was discovered to be making water, and the captain decided to endeavour to reach Easter Island, it being the nearest land.

She arrived there on March 20. On the 25th a heavy gale set in, and she drifted ashore, where she utiinately broke up. Th« vessel was, we ulmL-rstand, well insured.

The following is the letter sent by Captain Harding to the Wellington papers, as taken from last night’s Evening Star : “ I am made to Bjiy that there was no small-pox at Honolulu. Wnat I did say, I do say still, there was no smallj-pox in the city, but there were twenty-six cases among the natives at the hospital on the reef, a mile and a-half to leeward of the city. I assert positively there has been no case of small-pox on board the Nebraska. I say so on the authority of my own surgeon, and that of a surgeon who was a passenger with me to Honolulu and back ; a man of experience, and surgeon to one of the Government hospitals in New South Wales. What your learned Dr Johnson called small-pox on board the Nebraska occurted during the previous voyage. There has not been a vestige seen of small-pox except by those who determined to see small-pox in every pimple. From the 7th of June hundreds of persons, passengers, and labourers, have been on the ship, yet not a single case has occurred among them. I am sorry to be forced to state this, but my conviction is that the Nebraska is being made the victim of provincial and political jealousy "