Meeting at Colyton.

Feilding Star, Volume XIV, Issue 147, 1 June 1893, Page 2

Meeting at Colyton.

The meeting held al Coljrton on Tues* day last, fur the fdirpose of considering thejpositiou 61 the Jyongbara Freeziog Works and thg^support likely to be awarded the company by settlers ia that district, was fairly well attended. Mr Buick, the chairman of the company, who presided at the meeting, stated in his opening remarks that the present position of the concern had already been put before the public in the rarious newspapers circulating throughout the district, so that it would not be In J anuary last good wethers were fetch.ing 12s 6d, whereju wfif they^lfignU^ J quoted at 12s 4d ; andYe assertwrfbaf ' had the works still been going this dais ofstcdk ' B Kduid-bri^ttoi{'at*li|i.tfnWiiitt» directors only intended^ 'daUb*) 10s per share, and if necessary they would be able to borrow money on.tb)BL strength of the uncalled capital. The works are so sjttiated that they cannot ;be ( eqiiaJledf « stock can he delivered in lVngburofrotii |1U parts of the district. .Another advantage they had was- in theeoit of f uel • their firewood cost them £9 per day, as against £1 1 for coal, tliereforelfli^yf Mart*: in a position to, compete with .any com* pany in- the country: 'They 7 did iffifciti promise big dividends, but by siring en* ha need prices for stack;* atrd-by^keeping - th© works, open, the farmers would be amply recouped: It'i* ss*6)utel?neces*;U sary to shut down i&e worla lot about 4 two months. in.jjrcrr year^ in order to allow of athbrdugfh bv*rha'ur ; «K (fiUtf/, machinery, etc. Should operations cease* they woald be merlin either' WGel?- ' Company or N^lson-Brbs , abd ! b«it ftfeir mercy. All they asked- was that the • settlers should come forward and(SUf|p9#gj Mr Carey wquiredwh^rter^awj^qß^,. money would.be sunk, injplant. J Keply: It wbaid not b^qaisj^sWMg all the work's, are in thoroughordef. 1 TKe rery faot th*t theyican ptt^QirAirfttffiJ*Al hundred carcase* i #«day i^ust J^*Ae an appreciable difference in the price of stock. The returns from the f firits*njp. ment this year were yery good— 3 15*16 d _ per lb clear-equai:ip > futiy"<la^rMWß All the manure has al&beerisulß.'-<life]r could turtt tb«tofiat intof^naniire ats«ctau; f 0 ally a lesß price thanit jßostsjhJufattthe.t;, offat away} .Sheep sjhonld^^oith,?* per head rnore^)ban in lart. ?■ ton, in summer, js,inoroJn^demiMul »t Home than beef, hence tHeywere"nii'siiiis]^ t their best chtnce'of m'at^g vufujjfc-'^Wh&P'*' 1 company's agents in WWlinitfbttMndJ al»o at Hdnte^hkye cidii^dtoXiented^Bai ja tjufethe geneitfl escelh;noe^of l|U<air,||tsca>|^ rMr Pearce- read an extract fromji«_ few Z^"djMail. inrwJnjrfiMrXJfMitfr <fuot«tf tiro thsfan&s wtettW&ujtfaj** were repoi^ to haye, incurred iois through ttad^ttrymgl « iiXiKaH^Jif Mr Pudney considered great care was necessary*! the psrfitotg ot laab^^p^ , he was aware of some cases where miss rla^e-. n ßa^^ "^ X^*ffef . Jtfr Buick said thatotjdid not always follow that the heaviest were the best !amb£ 'In the un*Wuce Voted, *y Jfr 1 Pearce, Mr Grant was quite wrong, and/dtd not'ktiowwjbs^ hfijwutalk|^g<aboj|W^ Mr Haybittle pointedt on^ that tntf buyers, and not the company, were the ni losers in the case in question. •tf.i'i/ The next subject diseinsed was the appointment of {O^n^sem^lt^ppeared that Messrs Elkington ana Johnston had already been over sonranaf the district, and it wasresolredtoliktbem U>to6l»tinra»;l their ; iafiprtisst-int--i-j6-/ &<vn> bna ??.tiirs(i ; k5 Mr Briict stated ll hat MrJtfa^phewpn,. jsroald be able to-gtje these xeatlemea assistance,! wbuld aieompin^ thjenklMin their work, and afford-all information in J his power, xir t Mr Johnston stated Wit th^ir eJhrass had Ijeenmbst Bica6sfuL^n'nhK.'?ltej bolton road. They had-only met with one r*fu«al l>etwoen jGheltenham^an^ four mih^s^beyond- Birmingham, and they found eyeryone raUy wiwfni i subject; UE^iMS come toth^opjacloiioji^ that the company .was w^rthyorsapMrt. Seyeral genfleifien osSe %>hrarflfi^O took shares during/^ ii^niaf/WdJg closed the proceedings. *■ ,'J -■' *. ™*