Historical information

South New Chum Syncline
South New Chum Syncline Gold Mines, N.L., has been floated with a capital of £27,500 in 55,000 shares of 10/ each. Forty thousand have been issued at 1/,10,000 fully paid shares go to vendors,
and 5000 will be held in reserve. -
Messrs. Savage and Nicholas report that the issue was heavily over-subscribed. The property is situated in the central portion of the Bendigo field, adjoining such former
producers as the Victoria Quartz. Lansell’s Big 180, North Old Chum and New Chum.
(Bendigo Advertiser, 29th September 1932).

Physical description

Green hard cover book, maroon binding on spine, 284 pages of which 94 are used. 'Minute Book' on front cover. Written in pencil across top of name ' South New Chum Syncline'. Inside front cover affixed to page, document 'Registrar-General re Notice of Office and of Manager, filed 23.10.32 in connection with South New Chum Syncline Gold Mines N.L. Minutes in book date from 5th October 1932 to 23rd August 1935. First minutes of meeting describes the Company as having 55,000 shares of ten shillings each. Final two pages have documents affixed that relate to the closure and sell-off of the free-hold property and mine equipment in 'Happy Valley Road, Bendigo for the sum of not less than Two Hundred and fifty pounds and that out of the proceeds thereof the following amounts be paid', An amount of 120 pounds, thirteen shillings and two pence are listed.
Minute Book is part of the Margaret Roberts Collection.