United Farmers' Alliance.
A meeting of shareholders was held at the Club Hotel yesterday for the purpose of confirming the resolution in favor of amalgamation with the M.F.C.A. There were about 25 shareholders present, and Mr Martin, chairman of directors, presided. The Chairman said the effect of the amalgamation wonld be to make the combined Association the strongest company in the North Island. He moved the motion confirming the resolution passed in regard to the amalgamation, and the liquidation of the Farmers' Alliance.— Seconded by Mr O'Brien. Mr R. B. McKenzie said the opinion of shareholders was almost unanimous as to the desirableness of amalgamation. In answer to Mr A. P. Knight, the Chairman said he did not anticipate the shares would be written down to less than Jt'3 in value. Mr Milverton, jnr., moved as an amendment that the meeting be adjourned until the annual meeting for production of the balance-sheet. — Seconded by Mr Newdick. The amendment was lost by 12 to 10. The motion was also lost by 13 to 10, but by the proxies was carried by 301 to 15. — Standard.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/FS18951023.2.11
Bibliographic details
Feilding Star, Volume XVII, Issue 99, 23 October 1895, Page 2
Word Count
184United Farmers' Alliance. Feilding Star, Volume XVII, Issue 99, 23 October 1895, Page 2
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in