Page
No 8945SEPTEMBER 28, 1891]
Mr Georg proposed that the retiring auditors, Mesurs J. H. Duz and R Lall, be re-elected,
Mr Davis seconded and the motion was carried unanimously.
*This concluded the meeting.
inform you that owing to cortain informa
THE CHINA MAIL
excep
The Chairman Ho nas never excluded were ad I proposed that sans fides Mr Francis-Now, Lunderstand that vogla wn-of-ors did not afford a subolon gone there evidently witha view to Stocking
Company's steamer Jamod. Every share. would be desirable for the interest of all pliostion was tơ gát a meeting of share- Ritario, the present manager, thì ìn án The Chairman-Yes, but not till these ed by Mr. Thomps, York, arcized at respecting those' mines.
Paddon for pallone
agbjects guubosi waald have boss1, THE SHAMERN HOTEL COMPANY, statement of oatiafactory to have » ugnimat.
LIMITED.
and his confederates. Beyond this Mr
all given to them your careful attention.
The Chairman said that at a mosting of whom he ea continuously and atuitously perfectly; entitled to review any decision In the prospectus, which was issued on Speaking generally of this year's working. I
directors held on the 8th September It was malted, to coopy's seat on the Board for that had beba pased at any previous 30th September, 1880, it was stated that Womble avers that there are only 300 decided to walEni atráardinary mosting on his own purpose He got himregistred wasting of directees. I may say that the Company was formed for the purposs tons of re in sight at all the mines, ent can only sapsat, "ne is stated in the report, that the mangacnact venturos to consider
Friday," the 18th inat which date was the one of fly shares, therocesary both Mr Skools and Mr Pitman asb of acquicing and working cortain rich and bat 1,100 tons on all the dumps, wad." dispute with Mr. Rodyk extensive deposits of silver, gold, and cop further, that at a depth of 60 to 120 feet, afterwards altered to the 25th-in order qualification for a director; and in thon mitted the the remit antifactory. The carrying trade all round has undoubtedly been poory
that statement of the Company's affairs hebat tear subjected to sing bat to me for arbitration and I conuent per cry in Suxum, Mexico, comprising the the vous giro out entirely. If these state might be laid before shareholders
aboss of the viles kind from Pit ad to not lanked into the matter and I following four minos, namely, the Batimenta be accurate it would be useless to sail Tam not aware that any of our neigh
Mr FrancisWe know nothing of this man. Before I left for Australis modding thoughs that with the exoopsion of the Tose, the phir and the Sheba Mc James xpond any further capital in the derel p bacs interested in shipping business hate
THE CHINA BORNEO COMPANY.
The Chairman said Mr Pitman was in was hold in this room and three mportant question of costs mattere seemed to have Farrell, it was said, bad acquired the pro- ment of the mines. In bug case the time had particularly, profitable time of it
A meeting of the China Borneo Company formed that the meeting of directors w to solutions were done to bichhould been fairly balanced A considerable perty after protracted negotiations at great has arrived for mane deorsive potion to ba hat comes to one in this respect, to a great extent naturally comes to all, and we trust was held this afternoon to confirm curtain be held at which his presenon was par lika to call attention to. One walhal Mr amount appeared to be claimed for less cost from the Merican owner. Captain taken. Unless Mr Womble's statements. hopele gousseklaptovement in business resolutions with reference to the winding ticularly requested, as grave matters affect- Franels, who had become the pabesut of but whether this was properly dua iz act. I. Benjamin Williams was then asked t.ex can be affecurely disproved thore la not begira anga helping hand all round. Of up of the Company posted at a meeting ing himself would be discussed, having 700 shares, had failed to fulfil thararge am unable to say at pressit. With this amine the mines, and in his report he stated much of a future before the C
tank tho belief that when properly opoped The following lettera on the same cubis
subject. cot regret that it is impossible to held on the 10th instant. Mr.B. Layton come to the knowledge of the other directors ment by which he was to become pro exception things appeared to be fairly that the indications were puch as to war give a better return to Areholder and in presided, and there were also present that he had bents obtaining moneys from pristor sad It was resolved the theso balanced.
The Chairman There were $1,700 forand, developed the various lodes will be appear in subsoquent isspos of our con- unis oder we would paint out that we Mears A. F. Stokes, H. L. Dalrymple and the Combaug's chansger in Canton by should so forfeited. Another meter
silver and gold Captain Williams had a To the Editor of The Financial Times cr 14% have recommend dat hatch in the way of G. Wood, directors; and Messrs . . virtue of his official posting and he was digots between the Compos and vale on shares and $530 for a hilliard table found uncalle rich and productive of both temporary Bit. The
With reference to the leading arti dividende falder Cali prodest, and Perry, B. Wicking, G. Fenwick, J. Be also requested to forward at once the key Messrs. Halland Holtz, whom Skaels which cost his only $200. kao t that writing off this year paly 3 per cent. Michael A. G. Stokes and John Burton, of the Company's strong.box which he had ropresented. I think. I took up myself Mr Fifcia-I must say that the only ton of ore taken, under his supervision,
retained That letter was set to Mr the responsibility of disputing the cataby ooinion I came to was that there had from the several lodea at their lowest ole on this company's mines in your publi- 44 compared with the asal 8 per cent. We and L. Hallward (Secretary).
The a think the tan pement excellent condition The Chairman aid-The meeting ban Pitman and received by him and yet he of the account from the begining, alueet what I should feel inclined to pull the points and shipped to Messrs Hery Bail cation of the 22nd just, I am instructed average yield by insy directors 10.way that, whilst allyoa of the eet Justifless tims it a spent, Inéasúròj / heen called to confirm the resolutions pas had seven an ailldarit that he was excluded though Me Skools and toysbli gregeen out grassent irregularity on the part of verg Land Sons of date of silver, 19 dwin 8 state editorially, is correct, with the
tion of My Womble'a, having been rev bol shareholdere must base in ruind that sed on the 10th September; but before from the
that he did trything to facists Company, but nothing word grains of gold and 26'84 at copper
These, asys the prospectus, wore highly tested by soms gentleman interested in |_¬chữ Best daj of the management is to can potting them to the meeting I have "topaning of directors of the Com-the-rost friendly terms; and 'Trust-way and concerned in itlis, management of the was 125 ounões :)
Me Francis I think he referred to his settlement. It strack meta The Chained criminal prosecution alder the perpament atorgata of the Dom
great my
of the things jupplied Would have beenthe proper way to dial atisfactory results, but it was felt that a the property to visit the mines, he having pany lastitutlery and that when tion that has reached Messrs Jardine, Ma-exolation from the foe
while others we over with it a manag
criterion, and accordingly the Chairman retangs operations-they are absolutely necessary fall writing off must be récord theson & Co., since the resolutions wer
charged, manded eren if so the detriment of divi. passed, regarding the prevent condition of from the office.
Mr Francis-Is is no use' discursing that pendous valuator should value the things tires gentlemen intend to throw up your visited the mine at his own expense, taking at issue with the report which you pu
with hima Mr John Wh
Whyle, who was select bliss, upt only an regards the facts, but dend rust refer obre mote to the shock beaicess generally in Borneo and the pros
of the the conclusions which the writer alleges be ing tragedy of December Just on board the peste for future trade, they consider that it now, The sole objet of making the ap At that meeting it was resolved-mt Me poits co
New Jersey Extraction Works, Now auctioneer, should be appointed to value things are atitled.
This report, which was sent to their 2-1- holder eldre to say experienced the scncerned that further negotiations should holders held.
A resolution for the appointment of Mr. as an able and experienced mining expert The ChairmanDo you wish that the in the furniture and that on his esitay the fueling of sorrow and indignation that be delayed hatil they have received specia! FROTATE tha Cland Italo and detailed information repanding onel formation should be given now or would hill was to be paid. Me Steels aquiased. Francis and arms as a committee of in- Mr Whyte oamed the conclusion that manager at the mines, was at onza forwarded.
Des proyects. They propose to send some you prefer it to come out in the Supreme What took place! I had now if the vestigation was then put and carried, Mr there was not sufficient development work by him to the directors, his had
done to warrant the erection of a large plant.rounds for trusting it with distrusts and Bisy nothin
Se Bolong ʼn week when Mr Pitman in spite Pilman being the only discansient, -Mont as cores, hall yopathy? When the one down to Sandakan by the next Memnen Court 1
Air Maclean explained before the seating The development wide accordingly proceeded lence as a result of inquiries ressecting tho Mr. Francia-It is a matter of indiference of my having urged him to do fidung, sa erint cared much public comment was for that purpose. Wa hope that the in made or the dilatory action of the Govern formation that will be collected will be ut sin me, but this meeting of shareholders has two directors did not form quorm, signed dissolved that he had only joined the board with, and in the spring of 1863 Mr Whyte Californian Expert why made it
therefore prabeen called here today. Thore boi been a disque for a certain amous, and. "I at the express desire of Mr Fitman to act returned and took charge of the mines. Apart, however, from this, the extansiye mest to sending gunboat to the scene. favourable nature, and
no meeting of sheroheldera singe the Com-beliore the Trading Compant received in place of Mr Faser Smith, during his He then reported that there were 60.000 treasuring and sampling of the dumps and Kits only right therefors that I should here pase to ask you to confirm the resolutions,
abesace from the colony, and that it had tons of ore atvolately in light and in romarcos which he pretends to havo made The resolutions were then put to the pany was formed except the statutory 81.500 state, that both B. E the Administrator
meeting, at which nothing was duce. It Mr Skeels--No, 8700, it wee protcaled been his earnest desire to be relieved from order to test the quality of these ores the and his dogmatic report are reduced to h
the post ou Me Smith's return.
following shipments were made by him and absurdity who it is known that Wambla and the Commodore give the promptest meeting and confirized.
would be much
Mir Farrell for assay and metalurgical treat- spent only about six hours on the property. (mesenilna to our – ogumnuiestions on the
the affairs of the Company The Chairman-It was brought to our
ment-namely: ten tons of ers to Blessrs In the opinion of the directors it would be pat before the meeting and let us see what attention that certain iances had been
to mako despatched within a few höm, but for the
An extraordinary meeting of shareholders CAD be done. You can do anything you brought to bear on Mr Rozari by M THE INTERPORT ORICKET MATCH. Henry Bath and Sons, Liverpool; eleven physically impossible for any ma Tack (al had been axplained in Connelly
in addition to which one and a-half ton of this extensive property in the time alleged they certain hindering formalities had to be of the above. Company, called for the pur-like afterwards in the Unpreme Court Pitman which quite entitled Mr Skeela to
tons to the New Jersey Extraction Works; thorough examination of the workings on have a valuation mido by an expre gone through. No blame can be in say pse of considering the position of the
Mr Skools-We were quite pepared to
low grade ore was sent to metallurgists in but his statements that the lades give out San Francisco.
By the practical or disappear entirely at a depth of "from 60 way attection to individuals, but the system Company, as held at the office, No. 5, willing to afford every information from be was prozacaulty, and it is to be hoped Padder's Hill, yesterday afternoon. Thers ginning to end of the Company's hostnas carry the matter into Court.
The Chairman-At this meetog it was
te is thus made it has been conclusively to 120 ft are absolutely untrue, and as to that the relations have been changed were prosent: Messrs R. Franer Smith With regard to myself, I unfortunately be under similar circumstances in the future (Chairman), &, E. Bisouls, J. Pitman, W. P. Ame connected with the Company through decided that if Messrs Holmes and Hody
demons rated that the value of the ore in his allegation that the average talne of Mr Pitman, and it has cost me hundreds of did not pay up some 82,000 mong gullostas, any one of the series of which it is the the several mines thea from about 50 dollars what are there is is only 815 per ton, the (which well trust will never (our) auch Maclean (Director); J. J. Francis, Q., doilers and days and weeks of anxiety, and ed by Mr Hedyk se calls on shans of this Bith. That thors should only have been to 140 dolara por ton, and the ontimated last test advised giver au average of 850 per ton af silver alone, without taking into ce- delay would rightly call for the sorcest B. Harms, 4. Denison,
Light J. S.Rouch,
on the basis of comment. The heartiest thanks of our en A Bing, Ng Han Ching, T. O. Never, the only thanks I have got in villification of Company entered in the books; lat.pocket-Bre matches between the two ports in value of the ore
The directors, however, onmider it a tire community we in connection due to B. Jones Hughes, R. . Obly, O. Sch: the worst kind. Since information is read by him and never accounted for, legal twenty-five years, and that only one of lowest grade ore as above (after allowing coat the copper and gold:
a high percentage for extration and treat
waste of time-discussing the statements of the late Admiral Fong, through whose un(Acting Beerotary) the Chiness Antliocities, more especially to encke, 2. Georg, &c, and B. C. Hurley quired I will give you briefly the history of proceedings should be taken, and slap to those fire, the first, should have been
this Company, of what has been done and rogover $50 invested by him in a billiard played in Hongkong, shows how dificultant) is about £240,000 atering."
The names which appear on the pro this Californian Expers further, as they of the pirates tiring exertions mosh
what is its present position, and I book to table of which no account was madered, it is to take a dozen goud cricketers out The Chairman said Gentlemen, at a
of thero communities for spectas are a sufficient guarantee that the cau pince ne erliance whatever on any re- have been brought to justice. Buitable mesting of directors held on the 8th Sep Mr Francis, who is a shareholder, to pro- A week after I left Mr Rodge and Mr of one
fortnight or 0.
Rongkong has an statements quotaŭ abuse wore made in per port he makes, whether good or bad, tees himself and the other shareholders Pitman go to bif Franote mber it was decided to hold this meeting. expression of appreciation was misde at
Over Shang-fect good faith to far as the directors were advantage Mr Pitman-Mr Skeels wont po recent funeral ceremonies of the Admiral, As you sto no doubt aware proceedings where protection is required. This Com
The Chairman Yor had no arthority to hai her cricket club is largely re- concerned. According to Bit Womble, how which has been since duly acknowledged, have since been taken in the Supreme pany was started in June, 1660. It was
crnited from the garrison, and it is a ever, the Boned was grossly deceived by It is now mine months since the occurrence Court of this Colony at the immance of 3dr started by Mr Jobu Pitman, with Mr. B.
Mr Pitman-No authority fron whom, good deal ossier for officers than-fur mon the vender, who, it is alleged in the fol- and it may be said that it is soms what late John Pitman, we represents himself as work, who at that time was seting a
in baziness to get away at a fixed time for towing latter, pbtained a very large sur to the day to the near at length to it being director of this Company, but tout for establishing public companies in from you
The Chairman-Please be quit. The a holiday of two to three weeks. The port money for a worthless property:- bat it must be remembered that this inout whether he is a director or a abareholder which connection he gained a notoriety
1,124, Eddy-street, San Francisco,
Goueral Manager. dat geteral meeting, at hidi there has been it will be for you to decide after the faste and reputation to which he is quite wel watter was submitted to Me Fancis for which is playing on its own ground ought tto opportunity of so doing, and I take it hars bean placed in your passssion as come. The original idea was to build a arbitration, although it had been but by as a rals to be able to put the better off. F. IL Seymour, Bak
year Shanghai has
Imures Mining Company, Limited, hotel on a piece of ground in Canton which the full board that legal proceedings should ren in the field, but this
Imures, Sonora, Mexico. that the ovetil was non that more than any you are aware an ex parte application was was alleged to belong to Mr Pitman, That be taken if this money shoul: pot be been very nafortunate. The lamented and olher for years past touched nearly homo,
.C.
DEAR SIR,Agreosble to promise, I take made before the Court by Mr Franois, era of land was known as the Ice House forthcoming at once. as soon así left Mr untimely death of Mr. Woodward: touk not merely to ourselves, the shareholders, shareholder, and whom I am very glad to
this first opportunity to write you re but to every for in resident here and at
The memorandum was sigued Pitman made up his little quatre with Mr away one of the most useful men in the see here to-day, on behalf of Bir Pituso property-
out by the Coast Purte. To prevent possible repeti and other persons representing themselves by myself, Messrs Jones Hughes, D. Rodpk and wishing to bo subserviat to the eleven only a few days before the watchgarding the result of my examination and
Houroj se, A. E. Skeels, Levy, J. DC. he wanted the point arbitreed upon other good men have been kept
sampling of the Imures Mining Company's tion it must not be allowed to sink into sa tho Shameen Hotel Company, your Humphreys, and John Andrav, and the That was the slate of affair whenI retura. į illness, dus having to withiticaw on the very Mines. I do not think it ja, necessary of thees mines, and have no misgiving as to
and these acts will morning of the match. Even with these that every day to this, every pomible pru plication was supported by affidavite
to say that I caution has been taken and the utmost visade by Mr John Pitman, and without $7,500 to be paid in osah-and $7,500
500 probably help you to
the properties, and in doing their ore to market. They only regret that fully paid up abares. When I joined Bing policy of the gentleman bioclaims to relaxed on board our steamore. The large proved by the minutes and by Mr Pitman' the
first innings yesterday; and there in
„MİDER. I find by actual mecsurgiment that acter without das inquiry respecting them at the time of their failure calls for refer and then affidavits were a tissus of duli. between Mr Rodyk and Mr Pitmen on the in Ceurs that I should make som reference no reason why this should not be done it and in sampling it was all in favour of the given currency to statements of this char. ence. This failure cocured at the very berate falsehoods. That is a matter that the hand and the Company on the other to the young than called Mooer Mr the weather keeps fine. Shanglia made, there is in all the lumps on all the reins headquarters, whore every information Forst time of the year for us, will have to be considered vory seriously in was brought forward. It was written in Mooney was Acting Secretary to the Com-at any rate, a very good beginning last about 1,100 tons of ore, and the general
when
outward shipments the next two or three days, I am at the French, sud I usturally asked Mr Rodyk, pany, having been appointed by Ir Pitman evening.
No one can doubt that these interpert average assay of all these dumps is, I am b. fore signing a cheque for 87,500, if it and Mr Skeele who were quite liked in
Burry to say, but $15. In regard to the from Armor and consequent collection present moment acting undor legal advicń
a entisfactory and valid agreement, so doing. There was no troue: Ho asme contests in manly sports are things much to mines, the veins are what is called in mig. of freight there are at their highest point, as to taking criminal pe ceedings against A remittance of this stum was due, and pro Mr Pitman in reforance to these aidesite, showing that the property belonged to Mr hore, presented his accountsend sccepted he commended. There is always some nalepole following little ženjoye doubt, betty are wedge-shaped, with the wida end Pitman. He said that it was and the his cheque for his services of kong and hanghai Crown at the top At a depth of from 0 to 120 mised by the middle of the month, and bed At the housing of the application just re- the firm carried on for another fortnight, farred to, I aralaiad to, bin poliniryam, Ma
certaisly, and dent Republic; nor are they to any serious absolutely no cre of even a vein or ledge que los venial larve bours seiding, we had Stokes, that the directors had already never urped an inch of land on the Shable owy and naked if he might use the Colony; and the other an almost indeponit. the veins give out satirely. There is the Editor of The Financial parad
Sir, Re the article on the Imüris Mines,·· no warning or ides of the impending event taken proper steps to confans & meet meen, and since then we have had to pay office to do it in. I said, until too lato even to fako siopa to mitigate |ing of shareholders and to lears to the the French Consul part of the purchase he left saying he would retnén în about na extent rivals in business, bat cather escamsiter in any of ioway workings of any of brited, which appeared in your arte of Me Pitman hose if I would be ready to go sanggh the the complement of the other. Boag the nines. There are not 3,000 tons of ore Saturday, I would bog to say that. I con- money for that ground.
a shareholder and should not booke thes. Ten minutes later got a has the inore important present, Shangbai in sight in all the mines owned by
*
the tomber
The Chairman-The directors are unly two
go
interport match, the M.-O. D. Neus anys;
Writing after the first day's cricket of the The Cricket Match which was begu yea terday between Hongkong and Shanghai has so far been well faroured by the weather, and promises to be as interesting
this way
of the
Гог
Meanwhile they may state thing tho exif- way, which has proved a more enerous an dartaking than was anticipated, is all but completed, the dressing works will be fini abed early in October, and thereafter ore in considerable quantilics will be ant; to market. which will be the best refutation of the statements to while currency, has been given.
Το
Is conclusion, I am instructed to state that the directors, advised as they are and h.vn always
bean by their own excellent managers and various experts of high stand- ing, have unabated confidence in the vale
Coblivion. I ngɛd hardly adil tline from directora boing the defendant. This object was to purchase the land for $15,000, fed from Australia.derstand the shuf- drawbacke we trast that Shanghai will fime to go into,dutail on this ocṛasion, sutting bo results, whenever they are in a position, gilange line never been for uno moment using strong language I wish to say that soard the prelimicarica had been ar- be a director of this Corapany. It is only secto-day the oxcellent score-the dumpe on all fully measured all the by the completion of the railway...ed amountà el debit of Messrs Russell & Co o correspondence, from beginuing to ranged, and si tho first meeting a contruct fair since the matter har bong bought up in best on record made by Hongkong 200 sampled them, fa any measurements & journal of your, high standing should have
**time
SUSPEND THE MEME
1
is not
bo here.
-lukPÅ
not
10
tha
in st sii timas freely accorded to those who,
be yourself, are entitled to it-I am,
T. DUNUAS PILLANS, 9, Fonchureb-avenue, London, EC.
24th August, 1801
Secretary:
cannot
be
the vil. Altogether it has been lit our shareholders the dealing with the stairs of opinion a stroke of peculiar ill fortune the Company I considered it to be my
He owes the Company $15,000 letter from him saying that he remed to the more proaneing future. It is difficult Imures Company and that 3,000 tons, will aider the statements made by Mr Wombla may mention sa an item of good now that duty to lay before them an honest and
all told, BLE per ton. There should be lakon rast grano sul for the That a the position
Mt recognise me as Chairman of the Company: to exaggerate the possibilities of Safanghai. as regards we have Istely made arrangement with the straightforward statement of the com
Pitman. Times out of number I have call. He took away with him the key ofthat box. It is already the grant commercial centre of is no incaution whatever of a vein or ledge following reasons: In the first place local inverance oficer, under which, if to pany's affairs and the history of the business
under the greatest homogeneous nation in the su any of the lower workings of any against this Californian expert's opinion
thera are the reports and opinions of ** world. It is not a wild imaginin, to 000- of the minus, and the formation of the Willia
Captain thing unforeseen curs between now and from beginning to end. Die Stokes con ed the attention of the directors to blei which he handed to Mr Pirm end of the yest we shall in future pay pre veyed this information to the learned point. He is not entitled to a ovat untilatiese instructions he was acting.
ho has paid the French Government the Mr Pitman-That is entirely urae; I epive the whirligig of the making Nanoantry rock is such that there would Williams, Mr White and two or three kiem on blocks of the Company's'ntnamera Queen's Counsel and I imagined that the $78) which gave us our title to the land, was in Canton
king once again the political capital of he no inducement for s mining us to others, who I consider are of much higher The Chairman-I saw you in the Queen's population numbered. not se at 3% instead of 9% per annum, & eaving watter so far as they were concerne WesThat is the position this immaculate gentle-
with Shanghai as its waport, with a
How by expend any more money for sinking and standing than Mr Womble, not to mention Mr Seymour and also other gentlemen whe of between $3/2000 year on this account, inished vutil after that mesting bad be man who swears atidavits accusing us of I Rond.
prospecting. The present condition of HA This is in Itreif a matter for congratulation, held, Not so, however. An order vo
Me Fitman-That is like on of your hundreds of thousands, but by millions pour property is this: Yan have on bare visited the mines for the purpose of and moreover in a practical proof of the served on your directors to appear at the know not what holds in regard to your
It can be paved that No sach extension seems probable for the dataps, and in sight in all the seeing for themselves the trus aspect of
affairs. Surely Mr Womble Hongkong. What jealousy "there is be mines, not exceeding 4,000 tons of low estimate shudrained of the upkeep of the Court in this matter yesterday. We duly Company. I went with Mr Hancock, the rackless sistemonts.
I had to architect, to look over the place ad Mr I was in Canton. Best, and of this personnel of tho Com appeared to had no one there.
Mr Francia-Let him go on it is no tween the two ports has no depth; it is grade ore (general average $15). This will the only person in California qualified to pany staff of officers and englueers. I hobour of an interview with the Chief Bancock said at once it was no us build-
He stated that it good contradicting him.
purely sentimentel and superficial: and the can your will when completed (which will judge a silver proporty, as one word ou don't think I have more to say prisont, fustice on the subject, whom he informed ing a hotel thers.
would cost $26,000 and would be no good The Chairman-I have had a ragh draft approximation that at a pod way or be in about three or four months from Pots From 1 toue of his letter, and I but, before proposing the adoption of rame that sa application had heen made when we got h The result was that we of accounts ands up which show ir assets series of matches effets, tends to new) about 40 days, provided you had the would rather take the opinion of even one of the others against his but there are Part and secounts, I shall be pleased to she twenty minutes before the time for bearing purchased the Concordia Hall, and I vendore to ba 246 046, including the water duo dissoles that josinusy.
other 3,000 tons out of the ground 6 other things which may possibly throw a war any questions that shareholders may to have the case adjourned on the ground to pay that the Concordia will be worth, the from. Measure Holmes and Redykand the more people know who and have a good will cost you very near the value of the otolitie light on what is how rather swish tv puts desjes v
that Mr Francis was too ill to be
When we money Mr Pitman oves. The abilities they life each others when have a that is in the mines at present to mine TeaMe 3, P. Michael - What is the general of conred we all regret that Mr Francie was zeney and a great deal more.
Of among us for a fortuight, we come to a bettes managers commission during the year, buable to be prosent. At the same time I have rich Me Plan for this males are about $40.00 roughly speaking, which draft of Hongkong people under vit out. The veins are atazil, ranging from 8 mysterious contradiction.
Jou will admit and every host, amber which Mr Pitman foisted on us, we give us a credit balance of $3,00
course this incindes that valuablepiece of appreciation of Hongkong as a whole, and inches to 18 inches, and from 3 to 4 feet of oll! have a very paying business there.
will order to mine this ere, and at present muneration and $9,883.64 in
19 charges ac-
the allegations that appeared in the public
count
tho
the
If you for the detaile of the commission account all I can say is that it is just about
objected
think
coll
all. saya of
from all these
In
It is admitted that a Mr Shes is now, or sell on behalf of Farralle ezagutors number of the rendors theres, and I would
Largu
Lals of
these shores, and alaq "whather, in this Raca
Verb p
The above is simply a solution which I
whole side of a bill, and the vein cropped
60
a duropl Tn couclusion, I will say that all the but right along the sacred shaped mines belonging to the Imures Mining t Company are practically of ne value. There been sunk for abant bf it, which showed is hot enough ore in sight, in all the mines, the vein running in astrus formation and in all the dumps, to pay for the plant that even in width from thy, to bottom of the
shaft, with avery appearance of perms at present is being erected-and worse than THE IMURIS MINES The Financial Times of August 22nd mines that would justify a miner spanding all canon, and the vein was here tapped that, there are no indicatius in any of the bency. On the south side of the hill to
words which the vain dipped there was contains the following article
Up to the present the Issein Mines have
and
Exclusive of the @10,000 charged for biforward man will admit considering The reason why no mesting has been held ground which never did belong toir Pit- we flatter rselves that our visitors will country rook will have to ba displaced, in was a short time ago, in London trying to
$3,653, this press in which myself and my fellow before was simply on account of Me Pitman wan and for which the Compay paid telgen with the message that though, thereof the mines are In any contaim for stop liko to know whether the parties who
taken from the' abveral, samples presenta o orbemmes of advertising, tale. directors, Me Skools and Mr Maclean, vore and his solicitor who after being asked 215,000 and of which Mr Pitman his reap is to Governor bera, no Gonen Data-ing, I euclure berawith the result of the loved Mr Womble were not the people to
and various stall items not charged accused of almost every crime shot of tweety times have never furnished us with ad the benefit ever since. I can ply say manding-in-Chiel, no Commodore, and no
was going a little too far to any account. Mr Pitman has been occupy Farther with
for nine months and th The match is being played nearly six me. Back No 6 froni
dแพง
San Joes No of these people being posible purchasers. for in the working soccents to our murder, that i somminalen savonni. I gain only, may it is in wait till twenty minutes to eleven before ing that proports aver since, he bas ool Hotel that gard to the working of the garrison, we are not such a bad lok attor dumps Kindly read and return is to whom Me Shes tried to effect Basordance with the articles of association. kṣow we were not to hate lested rent from the tenants, but he hasi June the accounts show a net pifit of weeks earlier in the year as the last maton Jack No. 7 from dump San Jose No. '13] is it not likely that any depresioginiuos of vindicating nurselves against the never paid a dollar into this Company.for.1 80.80), which I think is most satima.cry two vests agu, sua in consequeiros work No found damp Shubs Mine which might be brought", to bear on the
barely out of the saumer, and have hardly ack No. 10 from dump San Juan shares would enable them to purghias at false aspersions and despicable allegations two years. I have had a statement of ac and encouraging.
drawn up by Mr Burley. We have counts
Mr Francia-There is one other point pulled surreiras forether for the sold o
larger discount. ogaivalent to asking what are the grota this gentleman hare, I wald ask Dip had a gay old time going through the bo ks. and cost is in referentes to your ovi psi- weather gajeties, so that we have not beets. 1 and 2: sack No. 13 from dump Ophir and Bonents Mines: Barning of the steamers Meat of you & Francis now and I sur sure he will tell me They show the most extraordinary exhibition and your shares.
able to offer our visitors as many smack No. 14 from dump Imures Me ware that the late Capisin. Talbot, zaleed whether it would not be just as well, neinton of sendity I have ever seen. Bir 1ft The Chairman-bly shares are full paid monte as would otherwise hare The ore dumps or all these mines have the have arrived at, as knowing the Iniuria pro
possible. This they will, no doubt, under-
perties from personal observations, Tam discussion on this point and we took the that the case has been postponed sine dje,
Mr Francis-How and whey ha that stand and make the necessary allowances: appearance of being stuffed. All the in a position to give you the following parti opinion of the great balk of the charcholders before going further to allow the directora man is indebted to this Company for about vp.
$1,700 for rent and moneys received without Dans ocassion with the result that the Supreme Bourt against these allege Pituus or any one else, nu to lay
they of this Company to vindicate themselves in.
uthority.
I have not come here to abuse been done!
we shall look with interest for their reports on the duraps has been carefully built
the statements made by Me: Womble; rou, these details being given.
te samples which I took, therefore, ist. When I visited the property the The Chairman-The Company has born to head-quarters to see that they have not up on the outside, and the filling, low grade onlars, which certainly do nos agtes with Therefore, on that ground I must dealing tons, Mr Skeels, Mr Maclean, and my steloment of the Company's affairs before indebted to me for the last fifteen hunths.
found the holiday a duif one there has. The Mr Francis-I think we must make that bean indeed one gloom which could not be of the dumps were groatly in favour mine known as the Iniuris comprised the are prepared to into Court
go to suiwer the question correo in under whenever the other side are ready the meeting.
Me MichaelAnd I
Mr Francia-May I take the liberty of a matter of investigation as much asther avoided thrown over it. We wish por men good fuck today, and that whicherer side standing that the general naagern charge disprove every material allegation made by
The Chairman-Certainly.
wins, the victory will not be so hollow that Are per debt, on all freight collected and Mr Pittoan and are prepared to prove that asking how it is the directors with a know- things.
Mr Frano's-From what you have the interest now taken in the cantest will Awo-and-a-half on disbursements? If so, the affidavits made by hips are fales and ledge of this transaction did not take ay
The Chairman-Wo have been fighting stated the Company. appears be evaporate. Whether they are fuiffed in charging two fraudalent. I think you will agree that I steps to set it aside?
Justified in asking you and in askia Mr
asound position and it paar be likely to do good buiteas chat they do apt ciaburte aug Francis, whose legal opinion in luvalcable, it continually. There was scarcely a bond in wound? bu "dalra, the expenres out of if it would not be better to adjourn this meeting held that this point was not drawn to
under decent management. In the end Mr Francis-If what you say is correct place there aro a great many matere hat apang's fonde with the bankers and meeting until this issue has been tough attention to
one dollar for further development. It has
Ha] by a short adit fully: 500 below the statt, hande of the general managers.......... out in the Supremo Court,
Mr Frapois Then I must say that I on the matter should have been brought befors want looking into. Meetings should avo
beau called in 1899 and July of this year not afforded any revenue to the charchol, boen iny misfortune to have to réport, ad-it here showed itself again running in rman The question appears to
voraely on a great many worthless proner. a true course How Dan Ar Womble re (primo aloisapprehension. The prinderstood that the sole object of calling this the Courts at once.
The Chairman Here are the books and and certain directors should han red, ders. The London directorate, isms ties, but I must say that this is one of the ecucile this with his statement that the iqas the two-and-a-halt per cent. mesting was to meet that application and to
Befors going further-some in July of this year and corce in 100, respectable one, and at the eppual meeting worst and most unfortunate cases that I kris, not an interest for money ad- put a stop to farther proceedings until correspondence.
I am in order in doing-I would it is difficult to say at present wider held in February last, the chairman, Mr have ever met in all my travels, particularly Veina te gash veins and give out entirely at depths varying from 60 to 130 feet! don't think very much money after this meeting had been held.
propose that Mr Francis and Mr Harms, there are any properly qualified directs or Whittall, spoks Lopefully of the prospects so when I am informed that there are Mr Skeela-Nothing of the tert. per cent it is commit
Mr Francis-That was the statements representatives of this meeting, should genot. It is perfectly certain that pay of the Company. The mines do hat, how several good men who are deeply interested, Sand, with regard to the Shel, the shatt adgears in connection with † made to me. I understood that you and through these accounts and make a report great mistake was ade in not calling were ever, appear to be regarded with the wwel and who have not only pat their or dept; looked well, and certainly fed not AVANTE your colleagues were sick and tired of the to the meeting. There is nothin‹ we wish meetings and the Company might berade enthusiasm in San Francisce as they are on money in the proposition; but so grost was |
to hide, we are anxious for the fullest in subject to very heary penalties in nonak- this side. A few months ago Mr. Alexander their faith in these mines that they have the remotest resamblange to a gash, vein, the San José minn the shaft was Fastigation. I-woold propose that this ing certain returns of shareholders. the Womble, a Californian expert, was coquest induced their friends to faress also.
down about 90 ft and the vein was exposed The several tons of ore which were ship- Bagersi in view of the unfavou
the Company's business for Mr Francis The sole object of the ap. meeting be adjourned for a week and that nart place if these statements that havead by some gentlemen interested in the pra.
canon fully 400 ft below this the vein was careful hand. 20 Drury Cure yaary, all hot rodnos that plication was to get a meeting held at which the whole of the records of the Company heard are true it is certain that the are party to visit the mines. This he did, and
federates win the resub of changes be and the times and the the facts bould be learnt and the starshol be placed at the disposal of Mr Francis and vary carious questions to be looks into, when he was there he was asked by Mr pad to Landcu by Farrell and his con- on the surface for about 800 ft, and in
80 to 70 tt. With regard to the lap of made generally I don
dars be authled to deal with the business of Mr Elarms and that they be asked to make in the other band it would appear the the Seymour to give him his opinion as drausing, or what we call onncontrating by, exposed by natural caused for a distaries, af zotual state of affairs must have beau how their vaine letter Iza now been hand, and there is as present ontone or ather, properties, I am not in pol no Chebt. In the last place I en the Company, That was certainly the effect report
Mr Skeela seconded,
to Mr. Pitman's olleagues and they hauld received from Mr. Womble by member two of the temps several tons of similar pos andlet, sa far as I can, your pres of the aulement made, that the directore
Me Francis-I think it would be batter have taken some danded steps to beover of a City firm, enclosing a copy of the constant. If I were arbory shareholder in this tion to say anything a little or not consider the result har would summon a meeting, and lay before
wither the land or the money or to their munication, which, he states, he forwarded company, znowing the situation as I do to veice in
the veice in all strae properties abote to Mr Seymour, embodying his views of now, I would insist that the whole business efactory at all se times go, her the shareholders a clear statement of the to have a latement from you first.
mentioned The Uhairman Very well I have title in propor ahapo.
Average Talge of the share. Company and call upon the eburg holders
The Chairman-The directars kw no the Imutis property. Mr Womble's report be wound up at once) (ake up what track to any practical mat zers unfortunate to what should be done in the future man- already called attention to Mr Pitman --
scenrate and we have reason to believe the material, cross the line into Arizons, eport may appeat at other berosity for the application when the shanty for the bensit of himasi Uned to sell the land.
that Mr Womble ja a man of starding the and there store it antil it could be sold, for the 22nd Apramber he did me the honost Mr Francis-Sings then there labean directors and the English promoters must there is not sufficient.ore on the dumps and quality of ore which must of
of necessity 1 bear in mind in the tinie was promsada meyang
Etiers to look into the mat It kha fel the sarningı Mr. Sicel This meating had already to pay a visit in Victoria Gnol and plenty
tloned and cumpars the resultitie chir dons We are paid by been called when the appileation as ende, brought we a paper and said it was meres dons not, however, affect Mir men's have been badly victimised by Farrell, the in sight to justify she cost of the couple have been between the paința.I have mor
director, Wheer he rendor Farrell, it appears, was shot dead tion of the railroad and the mill. Mr Francis I had no knowledge of that, asty that I should resign my position as a qualifiations, as
by his about a year aga in New Mexico
This information is for you, but you are Womblo estimate of 4,000 tone. En will director
his sharee improperly or fratalently I being under a cloud at the rther questions, the nor I think had Me Fitmau.
time. I thought there was Boraething in holde the registered number Equalify partner. For the lauris Mines, which at liberty to use it as you may think beat then and that in these three mines Alope
there wore, neator: 14,000 khẩu s£,000. adoption of the re The Chairman is a director, he hade
boulsion, I would like to ask Mr Wor Mr Pitman had not so)
1880, he received from the
ble whether be underachids what he is. —• this and consented to do so I found out Rd I think the less aid the lot, as
talking view, when he speaks of gas veins, as I
about, from a geologinal point
on to details of business and
then
cally
"The whole business,
The Chairman-Be we are.
think
tb
was down about it, and the vein at thi
Third, unt
от
done
02
ho understands the
OTE
of weight and mesaure-
You bo per pent premions | agement of the Company there is no rogating rights to himself. He has 'run (Shing about it till the Freßch Ochesdoold? | is &'esthoe startling document. It it be has bapu lale, andremors that, and all por relative metallerods. Brea" tu lidge the
mèns ót
ef
Erekivin, yours truly. and the motion was Mr Francis-I only received the plate articles of association that required | kim- a director. With regardo Me were fated in London, in or with and for your friends in England... Mr Womble, it will be apen, makes el poties alag the mating the morning afterwards that there was nothing in the sun at pressut mixed up with it any 207,000 in cash and £58000 shares. (Signed), à LUXANDER M. WOMBES. red that the retiring Inlowing the application being made Ido articles of association that required me toy with reference to this mattered the Beyond this is wan agreed that he was
Sur Committee, not know whether it riched suvode so ofthing. ""of the kind. I had not transaction with Mr Skools that be two to ressive a royalty of. û për obnt^ nauka very grave accusation against the vendor. hare every reason to believe, from my Bateral and"] sooner than that, I certainly had no} beet.put half a day When To solicited directors, left behind by Mr But further sum of £50,000 had been paid him. His allegations are that the dumps were knowledge of this part of Mexico, that such
knowledgo
at the time the appilation was to rejoin the Board Mr Jou Hughes have had at Hy Garry and Judging from Mr Wemble's report, built up with the object of deceiving vist the motion was made that any notice had been mireulated had been asked and refused. When I left arerose diagresion in these mas tersend it Farrell's executors are not likely to profitors to the property, and that the ore abip things do not exist there in the miners mov
pad to London was hand-dressed by Fat-ceptance of the term. I am, de, calling this meeting.
for Australia Mr Pittman got Mr Maclean, they were or itled to not at all there mach from the royalty provision
GEBORING