AWATUNA CHEESE FACTORY.

Dominion, Volume 3, Issue 632, 8 October 1909, Page 10

AWATUNA CHEESE FACTORY.

'■■: :•,.'..'_'■•' ANNUAL MEETING.';; ,- ; .:''' • ' , At an annua) meotingofthe-Awatuna Cheeso Company on Saturday Messrs.,/C.; and 'R.- Afor-' •ris were'clected directors.' '•,'. :■ . '.Mr.-'Gatenby'a motion '(that .'the- share capi-! tal ; be increased by .£looo.to bring the butter; plant up'; to date) evoked considerable'discus-, sioh, in view of the' in : ali probabil-'. it/ the factory;, will, bo-making/cKe^e-for 'some ,timo, to,come, i Eventually, thp'-nioticn'-wns car-.. ried .with slight alteration, : 'tliq;'payment'.of. th'j; extra shares to bo spread ; over i period o£ three years.. .. . ' 7. ';:'■';''■' . ; The ' motion" proposed ■ by' ,'JIr. pFarqnhar,' •"That the payment of cheques, in future bo on' the,2oth, instead of the 15th>'| caused a little grumbling, but was carried! witti ' a/'small majority.. Mr; Hirst's amendment' in 'favour of th» 25th'was lost. '•■'"■"■':'.:'." ■Mr. Gatenby: gave noticed ; to mc/ve at noxt meeting, that the minute now.-on the books-re-lating to interest on shares':be' rescinded: '":' Mr. Cobine moved that tho'factory buy back' shares at 15s. • per share.—The motion lapsed as there was no ' , r . In: answer to a question, -tho chairman stated that there had been no.'second-grade' cheese mado during the season'at the Taunga-' tara branch, and only a few cases at r Awatuna East. v ■.:.'.'■ '■' ; '■'■ : .', ; The meeting throughout was marked by an .entire absenso of.friction between directors and shareholders, which (says the ''Hawera Star",) Unfortunately is often a feature' of these meetings. .. '■'■'■- ■ •■■_ •'■■ ■:,•■* ■'.';'