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Wairarapa Daily Times, Volume 4, Issue 1028, 21 March 1882, Page 2

Two'or three persons hnye, expressecf a : desire' fora■ meeting;of tlie'.pire'ctoi's,"of j the Wairarapa Woollen to ;be.; held i.for the purpose of 'reducing' l the l auiount of the shares from £o to £l, and iucreasiug;tho i capital. ~j',Thejpffiß.entpoai-; tioii : 6f the'dohipaiiy irratne'r m J ohißar--' rae'aihg one. Only five persons havp,paid a 1 deposition 1 their ; BliaVeS, li aiid ' the chairman and' the majority of the provisional directors are disqualified by nou-piiyment. Either as a preliminary stop' ihiT provisional Directory should qnidify-theiriseives' or ft new ono must be eonstituted,A>Th'o?. cbiiiriJiUJ) of iliu Directory reapuudto application made to.hiru; for,-, liis do(.us;t, and his u.v.itnple is naturally, followed: by other mortals who pcoiipy a'. niinur position in (he Company. "Mono wuanioro aiixious" than ourselves, in the first instance to securo the sue'eess'tir the Company, but we object decidedly to playing out the wretched farce into whichthe movement has; degenerated, '; Theonly honest and straightforward, course iB for the five qualified shareholders, in conjunction with as many more person^who" have applied for Bhares and who will.at; once pay their deposit, to meet and Hake over the'affairs ol the Company from thepresent .irresponsible! and irregular man-, agement; ".-;';' .-'p-ii.