FREE LOANS FOR HOUSES

Chronicle (Levin), 25 July 1946, Page 8

FREE LOANS FOR HOUSES

The tweuty-tliird annual meeting of ; the Ahuiawatu Co-operative Building Society (teniiinatiiig) was held last ; evening when Air. J. J. O'Shea (cnair- \ ai'an ul directors) presided over a Jarge ( attendaiK-e of niembers. • j The ehainnan, iu moving the aclop- | tion of tlie annual report, referred to , the sum of £327,102 advanced to ment- ; uers during the past 2';'. years tor the purposes of acquiring homes, and stated uiat this Society, along with others, had done mucli to assist people to own j theiv own homes. He also referred to tlie formation of a uew Group No. 11, whicli was iilling rapidly. In referring to the resignation of Air. G. D. Pattle from the directorate, Air. O 'Shea made i eulogistic comment on the splendid ser- | vices rendered by Air. Pattle, who was ; .a foundation meniber and director of the Society. The retiring directors, Messrs W. E. Ward, G. G. Priest and G. 1. AlcGregor, were re-elected unopposed and ATr. li. W. Priest ivas re-elected auditor. > \'otes of thanks were aecorded • the Society 's solicitors, Air. G. 1. AFcGregor | and Messrs Oram and Yortt; the audi- 1 tor," AIi'. R. W. Priest; and the seerctaries, ALessrs Harrington aiul Dearslv and their staff.

-At tlie eonclnsion of the annual meetiii»- appropriations were held and resulted as follow: — Group No. fi: Ballot, I). 3. Alahar, Wellington, £700. Group No. 7: Tender, £15 5s per ceut. for £500; Ballot, Afts. I. R. Parkinson, £500. Group No. S: Ballot, J. E. Trott, Wanganui, £S00. Group No. 9: Tender, £35 10s per cent. for £700; Group No. 10: Ballot, Airs. E. AI. Tavlor, Palmerston North, £500; H. E. Thomas, Palmerston North, £500. At a subseqnent nioeting of the directors, a loan of £400 ! in- Grotip. fi, two .loans, of £5.00. each in | ( > rriup N'p i)::j -Wbre fi li al }y, -hpp f o ved while bL'GrdTip Nri. ffo, /a prOgfess ]>ayment on h Ift.au for the ereetion of a new dwelling was approved.