The general yearly meeting of the New Zealand Company was
held on Saturday, at the New Zealand House. The report presented a highly favourable view of the Company's affairs, and suggested new enterprises for the benefit of the colony. The Directors recommend a line of packets for letters and passengers between New Zealand and the Isthmus of Darien, in connexion with the Post-office line of packets, which would bring the colony within seventy days' sail of this country ; and the establishment of a college in New Zealand. The Directors announced their junction with the Plymouth Company of New Zealand ; the appointment of a commission to manage the lands allotted to the natives in their settlement ; and the conclusion of an arrangement with the Church Society of New Zealand, under which the Company had contributed liberally to the endowment of a Bishopric in those islands. A dividend of 10 per cent, was declared.
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