The extraordinary meeting of the Dock Company, called to consider the scheme for a new dock presented by the majority of the Directors, brought together the largest gathering of the kind that has perhaps met in the Colony. The Chair-ian (Mr. D. E, Brown) opened the proceedings with a rather lengthy speech (which he read) in which he explained the scheme. Mr. Pollock, K.C., then asked whether, as stated ina letter to the Press, it was correct that the No. 1 Dock was only occupied on an average for 20 days in the month, The Chairman replied ey asking if there were any other questions. Mr. G. C. Anderson in a brief speech phatically condemned the scheme. He yas followed by Mr. J. R. Michael, who read out a most able and explanative in-dietment of the proposal, which he showed, to the complete satisfaction of the vast majority of those presen' eminently adapted to ruin the Compa, is points were punctuated by the applause of the meeting, and when ho sat down it was amid a little storm of approbation. atr. Pollock, having again asked the Chairman to reply to his interrogation, then proceeded to address the meeting, denouncing the scheme as a wild project involving a tremendous increase of capital, and urging the shareholders to reject it. His remarks were loudly applauded. The Chairman replied rather lamely to the questions, and ended by suggesting that the meeting might be adjourned to allow of further consideration, which suggestion was received with impatient dissent. then proposed the adoption of the scheme, and, without waiting for a seconder, put it to the meeting, when ten voted for it, while on the other side a forest of hands were raised against it.
The Bairy Farm Ca. Ld.
The annual meeting of the shareholders ju this Company was held on the Sth inst. The Chairman stated that the Directors had started a Pasteuriser and sterilizer at Pokfulum, which removed any chance of ness through the Compans's milk. He al said that though the late Secretary RP. Moffitt) who had embezzled a Jarge. sum of their money, had been arrested in America, there was no chance of getting back any of the money. The total amount misappropriated was $11,031.41, of which $5,296.15 would have to come out of the next unt. This is a rather sad showing, and induces the melancholy reflection thst the loss would not hare occurred if. the Directors had only given Mr. Potts, their former able seere(ary, the. small increase of salary he asked
Text read from the printed page and cleaned; old type leaves the occasional error.