Chapter X
Reading edition
CHAPTER X
COMPANY FORMATION AND OPERATIONS
Mining becoming a scientific business—Initial mistakes in public companies—Self-styled mining experts—How articles of association are compiled—How directors and officials are chosen—The usual consequences—Remedies—State inspectors—Certificates for mine managers—Directors—Specialists in various branches advisable—Qualifications of mine managers—Economic advantages of co-operation—Joint central extraction works—Folly of adopting untried new processes without full knowledge—Pertinent quotation—Warning to directors—Robbing mills—How prevented—Conclusion.
pp. 113-126