Borough Endowments.

Manawatu Times, Volume 304, Issue VIII, 3 July 1883, Page 2

Borough Endowments.

"(Specjal -to Times.) Pgj; Pj?ess 4-BsQQi*ition, Wellington, Tim day, A meeting of member* m whose district are included Borough's or town district was held to-day. It was convened by Mr Steward to consider v/hat amendments are i required m the lay/ rehttjng. 'to | Municapalities it understood that the variouß Acts affepting them are about to be cosolidated Between 80 and 40 members attended, and a large number of suggested alteration were considered, the question of endowments occuppyinga prominent position. Ultimately a committee was appointed- to consider the various suggestions with a view to recommendations being subjected to tb« Statutes Rey^ion .Commission. Terawhiti Gold. Field. Duriivg last week considerable excitement has prevailed about the Terawhiti gold fields owing to the reported striking of a large gold bearing reef m the Golden Crown claim*. Dm jug lauf week shares m this Company raised from 4»to }0s and at t^je meetiug of shareholders J.;isf ni^'it fyfr Q. Mace announced that a • .^j* reef four feet thick had been struck bearing stone superior to reefs which he bad known to criuh 6 to & oz's per ton. Mr JR.. M«ce,the mine manager confirmed this. Shares this morning have advanced to 17s 6d and snares m other claims are aloo raUiil v riaiug. ' ■ ___.