GLEN OROUA BUTTER CO.

Dominion, Volume 3, Issue 665, 16 November 1909, Page 8

GLEN OROUA BUTTER CO.

'iwANNUAL MEETING. , Soveralliiouits sidojOf butter i Atss&&& at/an 1 ' of the Oroua Co-operativo Butter Com uany lastf-ifcofc. . Ino chmimill (Mr. Ealph Bosnell) reported tho UJocfetooriaia afljaaxsa acre from '/!)" ?s,'j~e " Criticising Hhc" batonce-"iifeet, > a* EfiaiehoWeri (Mr. Thompson) asked why, although there * liad been an mcreaie of only 10 per cent *in I the quantity of butter made, there had been an increase ,of Gfl, por'ceac In the'oil blU,' 100 per cent, in sundnee.-'and 35 per <;eufe < 1111 the coS of butfor boxes -t" ""■ -v » i >,»<*- The chairman replied, that_hej i opnld J not-es> nlran. , Thero had, hcfweverY" bean a decrease , of 20 per cent' in thtf ,MlJ ') 'L ,: , ',, , ' After some discussion of the Telafavo merits of distributing prohtd m •bonoses, 'or' using /' them to red.uco the overdraft, Mr John Sanbon asked why the sappirers '■had lecerved less per pound for their butter-fat, ,although moro butter had beeii made. Jn' comparison with- ' the price paid at Kongotea, his on tho Beason wns between' £50 and iCGO, , ''and-'he itas not th<s largest ( ,; The chairman ilno' to the directors' policy of consigjiin!*,,, which, however, was believed to oe itho, bestj in. the end, if consistently acted on After tho rejection ot a motion to disqualify on the (it' being considered., sufficient that the holder could reject them at' olection times' if necessary), it wai resohed tliat any extra ordinary vacancy should be filled b\ tho. directors only till the next general meeting. 1 The chairnmnV honorarium was fixed at j£6o/and the other, directors' at 10s per meet ing. j I 1 it was agrcei on the motion of Me sra x Thompson mid Kendall, that arrangements be made for shareholders' cheques to be cashed free of exchange