SHANNON DAIRY COMPANY.

Dominion, Volume 4, Issue 936, 1 October 1910, Page 8

SHANNON DAIRY COMPANY.

ANNUAL MEETING. (From Our Own Correspondent.) -p- •. Tho annual meeting of t'no Shannon : 'Co-operativo -Dairy Company, 1 Ltd.,nwas, • . iheld iii the Druids' I'iall, Shannon, on - Wednesday, 28th instant. . : ' On the motion, of; Mr; E. Law. (chair- ' man of-directors), seconded by Mr.. G." • 'Woodmass, tho report and ;the .balances •• ' 'sheet were adopted. ./ •;V: : It was decided to distribute; the bak . 1 anco of prohta by paying a dividend .of 6_per cent.-oiu'tho paid-up capital; to ■ ■preliminary;:expenses'; -to ; ; give r- . 'the ■ directors a bonus of £69, and the secV'Hn ■•1- -retairy (Mr. E; J. Judd). a bonus of £20. ..The balance of-£B4' 17s. 9d. ;is to bo' caiTied forward, ■■Messrs.-®*'Law and G. 0. Barker ; i ■?w. ; were ro-olected directors\ unopposed.-. - - v Tho chairman moved, and : Air. ■ T.Vyi'fe ■'- ißowe seconded, a veryhearty vote ', of thanks .to the employees, for the faithful work. ' . The directors' second; annual- report . .. f'etatc-d"Tho coming , year promises' to .''bo even more successful than the past, ■y -Hv. - ; as. .the directors havo arranged'for :: the ■''t I ; consigning of rtlio ..season's output ..until "on an;advanceVwithouV iv '^Sjrecourse■■baajaj-itliatS'^^ :: :: A . anehts to .'suppliers far in. advance of •■ :-\V •'-. 3ast year. ,'Owing-to tho quality.of the' ■'^^:^tter;at: ; tho:':begmHihgi!of; last( seasoii ®6t being, quite satisfactory, .tho manSger ;! decided'.'to.'try; V.of ' -"jthd This provedja success from .' •. ;tho 'start, 'and - tho'reports, both' from 'the-local and-Home.agents as to. tho . . . . iqiiality of tie.'butter h'avo" been most %■v:¥k! ®24yI961b.l6f. : ibutter-fatj;'ior !which' : jthey r'lave received £14,271145. Bd.,.and from-. : " twhich 170 : tons of butter -was' maiiufac- ' %urcd. .' Tho average test for the se'a- ; v ; {son ending-August-31 has been 3:9, and- ...; !'. jit has: taJ:en -21.811b: or' milk .to'mako ... ■..■■■!•,.. tone lb.: of butter; ■> Tho following prices -. . iaye been j?aid .to. suppliers.for -butterSat: —September, • lOjd.; October, !Nov:v';V«ml»r; vfiecemberj 'andj Januair'i/iOd; ;'; •February, 10id., March, lid.; Apul, 3lay, June, July, and August, ll}d . l%6.falance:of .profit-and loss- account,'. .. ■■ ;■.after providing for all working expenses,' :j&hows-the'substantial sum of £1165 -13s;' .;Kv^ : n^ctiontpf*t;M^ sy,jpurcliase-of a 'combined churn and.'butri ■}i jter.workeiy;obtaining /a/supply .'of (arf£6i , .:factoi , y J -' J'arfd ■ . ';. ; * mow. 'machinery, -and•"a .brake. for • the /» -eartage-of cream;-leaving. a balance of V---... :£292'95; 7di ! to be disposed of, which we,propose to do as follows: By pay.•V or a 'dividend ■of - : 6 per cent. pn '• :' : 1 .'i'.tlio inqry expenses, and carrying the ball;■-■' ihave J 'de^^ iM -j tided ito. instal. plants -for the .pasteurisa: ',tioii of-skim: milk.- . Tlie first or these as ! now ;working .in -the -factory, and/if ; , at. onoG rput; in ■ at. tho cream«nes The directors expect very lit- '! -for -"; tfae v falc- ; ' :: £>toncs : and CTeameries! for the .coming ■.■ ■:: -: 3 '-'year, ; .'aethey ..have -just received vfa i-'ik complete "overhaul, which has been paid / ' last yedrls: working. ; The com- ' *med churn and butter-worker has 1 proved a success."