Feilding Cheese and Butter Factory.

Feilding Star, Volume IV, Issue 64, 1 November 1883, Page 2

Feilding Cheese and Butter Factory.

A meeting of, the provisional director* of the Feilding Cneese and Butter Factory was held iv the office of Messrs Halcombe aad Sherwill.Feilding, on Tuesday. Present — Messrs Macarthur, Sherwill, Bartholomew, Saxon, Fry, Dawson, aud Jennings, Mr Macarthur in the chair. The minutes of the previous meeting were read and confirmed. In answer to questions, it was dieted that there were 761 shares on which deposits amounting to £190 6s had been paid to the credit of the proposed company's account at the Bank of Australasia, 105 shares applied for but bo deposits paid thereon, 32 on Mr Corpe's list as probable, and 145 held by soid* of the direotors on which the deposit* had not been paid, making a total of 1,013 shares. Several gentlemen expressed an opinion that the canvassers had not don* their duty. Two or three geutleraan spoke on behalf of Mr Corpe, aud considered that he had worked very energetically, but it was a hopeless task to get money out oi some people. i Mr Sherwill moved, That owing to the[exceedingly poor support given to the . i promoters of the En. ter and Cheese Faclory, the undertake sur bewonod up: thai the provisional directory do resign, and lhat a public meeting be called to receivesuch resignation, and to arrange to refund to applicants for shares their deposits. This was seconded by Mr Saxon, and carried. Mr Bartholomew, voted against the i proposition, and said he did not like giving up the matter as ifc had gone so far. The Chairman said that by the resolution the subscribers for shares could do as they wished -either break up the affair or commence again de novo. A latter from Mr Banks, Kiwitea, to M r Saxon was read, in connection with establishing a creamery at Kiwitea, and offering to do what he could for' the furtherance of the proposed company! Mr SherwiU said they laboured under a great difficulty in not having practical men amongsb them. Resolved, That the treasurer and secretary be authorised to sign -cheques for refunding the deposits to shareholders. ' " ■ ■-'■-. Resolved, That* publio meeting be called for Thursday, Bth November. «■__■■_■■__■— __r