Document - DRAINAGE PROBLEMS - VICTORIA REEF QUARTZ HALF=YEARLY MEETING

Physical description

Handwritten extract of the Victoria Reef Quartz Half-Yearly Meeting from the Bendigo Advertiser Wed 18/1/1911 Page 5. The meeting lapsed for want of a quorum. Director's Report states unwatering had been vigorously carried on with assistance of the Government. On 20 December, one rope gave out. After discussion, it was decided it was too costly to replace with the present financial condition of the Company. It was also considered that the cost of trying to reach the bottom reef cut in the New Chum Railway could not be continued by baling, as its cost proved too expensive, while it probably could be done profitably and effectively by electric pump, which is now subject to negotiations with the Mines Department.'' Also included is a Balance Sheet.
From the Albert Richardson Mining History Collection.

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