The shareholders in the above Company attended an extraordinary meeting held on the 28th ult. at the Company's Office, Queen's Road, to consider the propriety lof raising fresh capital.
'The subscribed capital is exhausted and the crushing, from which much was hoped, turned out unsatistacory either through ignorance on the part of the battery manager or foul play by outsiders. The Chairman, after a statement of the Company's position, proposed the issue of 70,000 preference shares of $1 each at 12 per cent, to provide fands for carrying on the mine. Atather stormy discussion followed,. some of the shareholders censuring the manager and calling for his supersession, The Chairman inlet that a resolution to that effect proposed by Mr. Chapman could not be put, and the original resolution having been seconded by Mr. Georg, it was carried without dissent.
Text read from the printed page and cleaned; old type leaves the occasional error.