NAPIER.

Tuapeka Times, Volume II, Issue 87, 9 October 1869, Page 6

NAPIER.

HOW PROSPEPTING OQMPANIES ARE MA£AGE.p,

The following amusing discussion took place at the adjourned meeting of the promoters of, and the subscribers to, the Hawke's Bay Gold Mining and Prospecting Company, which was held in tho Provincial Council Oharnber : The chairman said ho was glad ihat since the first meeting, last weelc, as they had just heard, all the shares had been taken up. The company would be registered in Wellipgton, and till that was done, and Mr. William M'Donell and Mr. Sweeney from the Thames goldfield arrived he could not see that the shareholders were in a i position to take any further active steps. Mr. Wilkinson: Mr. Chair- , man, may I ask has any one seen the rich gold-bearing quartz which was spoken of at last'meeting ? The chairman : I believe not. No one, so far as I can learn, has seen the " specimens." All I can say is, that I have not seen the specimens, and I have no personal knowledge of their value. The Chairman remarked that it was not profitable to sit there in silence gazing at each other. — (Laughter.) If no one had anything to propose, he should declare the meeting at an end. Mr. Wilkinson again enquired whether anyone' had seen the reputed specimens of auriferous quartz from the Kainianawa ranges. The chairman: No, I believe not. I have made all sorts of enquiries, by telegraph and otherwise, but I can't find out that anyone has seen them. — (Sensation.) Mr. Wilson: They will probably be sent down shortly — (A voice: By telegraph.) Mr. 'Wilkinson : I fear there is something more in this than meets the eye. Surely those who have subscribed their money have a right to know all about it, — (Hear, hear.) ' Mr. Tarmei* : Does anybody know aivything about it ? — (Laughter.) Mr. Wilkinson : I do not think this is a matter for joking. The subject then dropped.