ASHBURTON SALEYARDS COMPANY.

Ashburton Guardian, Volume VII, Issue 1989, 7 November 1888, Page 2

ASHBURTON SALEYARDS COMPANY.

The sixth annual general meeting of shareholders tn the Ashbarton County Stock and Saleyards Company, was held at the Arcat'e Ohatnbera yesterday afternoon. There was a Bna»li attendance of shareholder*, Mr G Jameson, Chairman of Directors presiding. The- Dlrooiora 1 oeporfc.was as follows :— The Directors have pleasure In submitting to shareholders the annual statement of account* showing a credit balance of £273 103 2d, which they recommend be allotted In the following manner :— To payment of « dividend at the rate of 10 par cent, £180 ; to transfer to reserve .'fand f which will then stand at £500). £50 j to carry forward the balanco of £43 10i 2d ; thus making up the total of £273 10a 2i. Now that a satisfactory advance has taken place In (he value of sheep, the Direo'ora confidently look forward to a larger turnover of atook during the coming year, and a consequent inaraaae In the anm < collectable for yard feei, etc* The report and balanco -sheet were adopted. It waa resolved that the dividend of 10 par oent should bo payable on Tuesday next, November 13. Messrs T. Bullock and O. J. Harper the retiring Directors were re-aleoted, and Mr J. Q. Reutell was re-eleoted auditor At a subsequent meeting of Directors Mr G. Jameson was re-elected Chairman of the Board.