WAIHI MINE
CABLE NEWS
United Press Association—by Electric Telegraph—Copyright-
ANNUAL MEETING IN LDNDON.
DIRECTORS' DISCLAIMER
(Received May 19, 11 a.m.)
LONDON, Ma 7 18
At the meeting of the Waihi Goldmining Company, Mr Mitchinson, who presided, stated that there was not a shadow of foundation for the suggestion that the directors were possessed of private knowledge which they had not communicated to the shareholders. He feared that the reefs did not possess Ihe stable characteristics which they had hoped, but the potentialities of the mine wore enormous. Mr Mitchinson added that the board did not object to a much more extended report than Mr Richards had had time to make, should the shareholders desire it, and they were willing to meet the wishes of New Zealand shareholders by adding to the board one member closely in touch with New Zealand.
The report was unanimously adopted.
The Ne.v Zpaland resolution was not moved.
Mr' Arthur Rhodes, of Christchurch, was appointed a director.
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https://paperspast.natlib.govt.nz/newspapers/WAG19110520.2.23.4
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Wairarapa Age, Volume XXXII, Issue 10243, 20 May 1911, Page 5
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161WAIHI MINE Wairarapa Age, Volume XXXII, Issue 10243, 20 May 1911, Page 5
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