TAIHAPE FREEZING WORKS

Dominion, Volume 8, Issue 2398, 2 March 1915, Page 8

TAIHAPE FREEZING WORKS

v TENDERS FOR BUILDING I ' ACCEPTED - ... f;. r.. '(Our- Own Correspondent.) i''s Taihape is to.have its freezing works. 51a far back'as April last the proposal f.' :. was senouslyi discussed, and provisional V-- directors for a, farmers' co-operative ' company appointed a canvas of the dis-'.y-ctrict, m the .nature of "a feeler," > which; showed, ibnt there would be. a v: plentiful supply of stock from the terj ;ritorv in tno immediate precincts^of '■ Tailiape to. keep'a small works: going ;v i at full pressure. Later, the Otaihape i Meat and Produce Company was regisi - tered, and •' a site of eighty-two acres I at Wimata. handy to Taihape, was purs' ■ -chased. The capital of tno company ' is divided into 7000 shares of £5 each. [ - Shares- wore .being taken up in. satis- . facWry numbers when the war com- >-;--■■ ■ monced, and operations were then temk./ poranly suspended. In December tbs ii' -i -directors resumed operations,. and a ' / cood J deal of zealous canva-asing' has. resulted in the 7000. shares being' taken up. - The directors have adhered to th<> original proposal to have the.'cotopordySiarinew'. co-operative inI ' stitiition, free from the fetters of vested interests.' :.At.a' meeting of share- . lolders- held a-•''fort-night -ago it was I'-- -reported that the'-Bank of. New Zealand ; had -'agreed to fanajnee the,; company- to clc','. the. extent of £2§iCoo,. conditionally on -,7000' ii shares beiiigi-allotted, ■ and the "■■"■■'Bignii)Bi of a "joint'Snd several." .--.TBb. i' offer^/was' accepted;^; There were then 500 unsold shares,; and the directors had-such faith in the. proposed works thatthey agreed ' toV,underwrite all ' on Saturday last. A if: V • further.' meeting of shareholders . was fceldjon. Saturday afternojin, and 120 . Bharcsi'.were then still required to comnecessary 7000. "i',These were, immediately taken up in the rpom, and - the company was then in a. position to r. . deal -ivith the tenders.; received, for the • .works"and plant. '. i Th'e '.announcement that 7120 snares ; -had --been sold and put in order, , that the. "joint l and several" had beeii siga--1 cd by !.'the shareholders,. and.- that; the ' ■ company, had in anuncompleted with.; rounds ,of applause. Of the 690, a '■■■■ large'-number are' expected to be oom- : .pletedf in a few days, and a further ! » . meeting .will be held on Wednesday for - this'purpose, and. also for the issue "of. . shares' .to the new shareholders,;: , and ■ 1 to enable present' shareholders, who so M[, .desire,Sto eiilarga-itheir ; '.'holdings. hThe, ; directors will not now need to under-' K: - - wnte 'single diare, and-thej company, lias made s. definite, start in' 'as sound s financial position as;any,like concern has .commenced-' operations" iii the" Do- . minionv>' That .is the opinion- of. com■f: petentCcritics.. ■''... .. ■' ■■■'■■ residences ; ,; ; land,' plant, ■ legal'-expehses, railway,, siding-will cost, .-allowing- £700 for extras,-, roughly, . £42,000.' Arrangements inado for finances ; will allow tho'company £5000 to work' on after paying foreverything. : ■ On'- Saturday evening the' Vdirectors ■■■■' dealt;:wjth the tender received, excepti ing those for . the. suction, gas plant and freezer." Tlicse n'ill be dealt with later, ■ wheri'i iivestigations"aj'o completed. The i following tender?; were dealt with; — ; . Electrical installation,_';J. rGreenshields. >; and Co",.Christchurch,-£2653,-accepted; ; "-.'digester, etc., J. Crabtree and s Sons, Wellington, £2400, accepted; hnilding, ■ Ru ; - aild -_~Bignell; : ! £18, accommodation j'Rus- .: «eU and Bigaell, £600, accepted j engineef's' residence, Russell' and Bignell, . £567, - accepted; • yards-, "6.- .Wrightson, £612, accepted. d _ . The works will have a. capacity of 1000; sheep and 60 cattle pet day, and i v wJI ;be'•.in. operation for next season. It- is. later proposed-vto add. canning ? works to deal with by-products. \.'-

"We-.have the organisation, the specific knowledge,' and. up-to-date facilities to handlo- your Cream, Ifili,' Butter, and Errs.; This is 110 mere boast, ■■ bilt a fact, which cannot bo disputed by anyone. We have now two hundred suppliers, and we give always the best price and, proper weight for any produce you rail us. •For further particulars write* Fresh Food : and: Ic» ;Coy;~Advt. ■ J -' ■ ■Half-an-hour's inspection of the .. Eichmond Oil Engine will convince you of its great simplicity—perfect finish, and ■handiness. One year s use of the Richmond will demonstrate its wonderful efficiency, aad, what is of gTeat importance just now," its fuel economy. .You should pet details. Write, to Mr. A. J. Parton, Plumber, Carterton—Advt.