MOA FARMERS' UNION.
The annual , roport, ot the Moa Farmers' Union, - recently issued, states .that; in, spite of keener competition, ' the' turnover-of - the. business hsa. increased. Aftor.inaking liberal provision for depreciation ; and bad, dobts, thero, remains a balance of,£2B't.l7s.'7d.tbr. distribution.;.; The-directors '.recommend ,a a per;,;confc;'dividendonyshara'icapital;The' directors intend to romodol > tlio- 'delivery; .system; .in a. way, that": will 'ofTcct/an annual saving of' ; at;J?asb'.'£2oP: 'iThftLsliarcholders' .will .bo reijuircd;:to directbrs/'in \place of. Messrs. Morton, .'M'Donald,, iand; Houston," who ha,vo !Mr-r; Todd'f who re-; tiros, 'bv; rotation.'..i'rbe , places., of; those'..re'--signed have been .temporarily. filled'.by ; Messrs/ ,Coj'itts,.. ; Zimmerman,-r ';; These latter, gentleiticn aiul Mr.. Todd 'offor themselves "for;rc-electibn v .-/.,;' j'.' • The balance-sheet; shows .'that'.'the'.sales, for the, year,■ amounted,' to £31 >008 Os.. 10d:-, and the stock, at., the .end. oK.th'e ifiiiancial year,' August :31 ,V \yas;,.writtenat:':'£Bl3o■" 12s! ■ sd.' Tho:cost of ; managdment and wages , amounted to.. £3312 Bs. •; The profit ; ; pn the' .trading . account! is -. £3856 -13s!-od.- .
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https://paperspast.natlib.govt.nz/newspapers/DOM19071026.2.49.4
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Dominion, Volume 1, Issue 27, 26 October 1907, Page 8
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150MOA FARMERS' UNION. Dominion, Volume 1, Issue 27, 26 October 1907, Page 8
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