UNANIMOUS SUPPORT

Gisborne Herald, Volume LXVI, Issue 20017, 16 August 1939, Page 15

UNANIMOUS SUPPORT

GUARANTEED PRICE PLAN

OKITU .ANNUAL MELT!NO

PROTECTION FROM COSTS

Unanimous support was given by the annual meeting of shareholders of the Okitu Co-operative Dairy Company, Limited, yesterday to a motion urging the continuation of the guaranteed price scheme for dairy produce. The motion, which was moved by Mr. T. R. Jones and seconded by Mr. P. Robertson, was as follows: —

“That this meeting of shareholders and suppliers of the Okitu Co-opera-tive Dairy Company, Limited, is emphatically of the opinion that owing to increasing costs and: other factors the guaranteed price should be continued; further, that the basis on which the price is fixed should be that- recommended by the price fixation (advisory) committee set up for the purpose, plus additional costs which have arisen since the recommendations were made by the committee.”

Mr. Jones, in moving the motion, referred to the rising costs and the necessity for the farmer to be protected against them, lest the dairy farming industry should 'become unprofitable. (Mr. (Robertson urged that the farmers should continue to emphasise the necessity for the guaranteed price to continue. 'Mr. E. Church remarked that in view of the increasing costs the farmer had no option but to ask for the continuation of the guaranteed price. When put to the meeting, the motion was carried unanimously. Directors’ Fees Mr. C. J. Hamilton reported that last season the chairman of directors, Mr. E. H. Baker, had refused to accept his full honorarium because of the bad season the dairy farmers were passing through. Mr. Baker was entitled to £125, and he drew only £IOO. The meeting agreed to fix the -chairman's honorarium at £l2-5 again for the current year. The other directors’ fees were fixed at the same as previously, £1 Is -per meeting and 12s Od for each field day. At the conclusion of the meeting a vote of thanks was passed to the ladies for the provision of refreshments and to Mrs. E. R. Renner for supplying the decorations for the tables. Votes of thanks were passed also to the directors and to the staff.