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ORDINATIONS.

THE DEE ESTATES.

ACTION AGAINST A CHESTER LADY.

ISLE OF MAN MINING COMPANY.

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ISLE OF MAN MINING COMPANY. — 4- ANNUAL REPORT. The report of the directors of the Isle of Man Mining Company, Limited, to be submitted to the 44th annual general meeting at Chester, on Tuesday, the 28th inst., reads as follows:- The Directors regret to have to inform the shareholders that partly in consequence of the principal ore producing workings of the mine turn- ing out less productive during the past twelve months, and partly in consequence of scarcity of water on the dressing floors, it has been found impossible to raise and prepare for market as much ore as during the preceding year. The appearance of the bottom or 290-fms. level when first opened upon, about the time of our last meeting, was very satisfactory, but after a short distance in the driving became poor, and has so remained this has been a great disappointment, as it was confi- dently hoped that this level would show a good lode richer than the levels immediately above. The directors call the attention of the share- holders to Captain Kitto's very clear report as to this and he other levels, and from which it will be seen that there are several very encouraging features in the mine notably at the 260 and 275-fms. levels west; and the 290-fms. level at Beckwith's Shaft; and the 200-fma. level west on the north lode at Potts' Shaft. The average price of ore has improved during the past year 9s per ton. The ore raisings for the year have been 3,925 tons, against 4,550 in the previous year and the profit has amounted to R6,100 13s. 2d.. against £ 9,762 15s. in the previous year. £1,000 has been carried to the reserve fund for the redemption of bond debt, and X250 to the new works account. By the failure of the Panther Lead Co. in 1895, a final loss of £615 6s. 7d. has been incurred, which has been written off as a bad debt in the present accounts. The directors recommend that a dividend at the rate of 52 per cent. on the ordinary share capital of the company (the whole of which has already been paid by the directors in anticipa- tion) be declared; also that a dividend at the rate of 72 per cent. on the preference capital (of which one half-year at the same rate has already been paid on account) be declared, carrying forward a balance of JE786 7s. 3d. The retiring directors are Messrs. F. North and E. H. Perrin, who are eligible for re-election. The auaitor retires under pro- vision of the company's deed, but is also eligible for re-election.—JAMES MACKKE, Chairman.

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