"Resolved-The manager write to Mr Rosman to request him to forward the
skimmings of the ripples from the first crushing considered as the lowest
grade of amalgam, reported to the Board of Directors by Mr Simpson to
weigh from 20 to 30 lbs., averaged by him at 25 lbs., 6 lbs. of which has
come to Perth, and has been forwarded to Melbourne for treatment."

Mr Simpson has given an undertaking to hand a cheque to the company for
the difference between the estimated and absolute yield, should his
statement as to the approximate weight of the lowest grade of amalgam left
on the field not be verified.

Resolved unanimously that the above minute to be published in the newspapers.

THE RECENT MEETING OF SHAREHOLDERS.

The following at the minutes of special meeting of shareholders of
Fraser's G.M. Company, held at the Mechanics' Institute, Perth, last
Wednesday:-

The Chairman opened the meeting by calling upon the Legal Manager to read
the requisitions which had been received, calling upon him to call the
meeting.

The Chairman read the order of business and took the first resignations
Messrs.  Marmion, Brown, and Nesbit.

Those gentlemen explained that acting under legal advice they had
withdrawn their resignations,

Dr Scott moved that the Directors' explanation re amalgam is considered unsatisfactory.
Mr H. Fraser seconded.
Mr A. Forrest supported the motion.
Mr Neelands and Mr Leake spoke against the motion.

The Chairman here but the motion, and announced the resolved as follows:
for the motion 17, and against 20, and declared the motion lost.

Mr R. F. Sholl called for a ballot, and informed by the chairman that
according to rule 43 a ballot must be demanded by a majority in number and
value of shareholders.

The Chairman here read a financial statement.

Mr Neelands moved that the interests of shareholders the board of Directors be increased by two.
Seconded by Mr Forrest.
Carriage unanimously.

Mr Neelands proposed that the share capital be increased to 25s. per share.
Seconded by Mr Darley.

Mr A. Forrest proposed that 25,000 new shares issued, 6d per. on application, 6d. on allotment.
Seconded by Mr Hurst.

Mr H. Fraser stated that some gentlemen with himself were prepared to guarantee £2,500.

Mr Forrest and Mr Neelands here withdrew their resolutions.

Mr Fraser proposed that the present Board of Directors be called upon to resign.
Seconded by Mr Quinlan.
Mr Neelands objected to the motion being put.
The Chairman ruled the motion out of order.

It was suggested by the chairman that the best way would be to call an
extraordinary meeting to discuss the proposal and elect directors.

Mr A. Forrest moved a vote of thanks to the Chairman.
Seconded by Mr A. W. Hassell.
The minutes of the meeting were here put and confirmed.
(Signed) GEO.  T. SIMPSON,
Chairman.