KOKATAHI DAIRY FACTORY.

Hokitika Guardian, 7 September 1925, Page 3

KOKATAHI DAIRY FACTORY.

The auiiiud nu'otiny of shareholders ot the l\ oka l all I Co-( Iperat it o Dairy Company I.id. was held m li- Bunin* Hall. Kokatalii on Sa I unlay . Sep; ciiiin i Alii, and in spile o| tin' snow i >icrod ground I here was a very larye. ut11'iiila mo "I shareholder* and suppliers. Al r .1 as Fleiiiiiiy prosid iny. ANNI Al. BKPiiRT. ’l'lio ohairiii.in, Mr . Fleniiny. suhllli I I I'd the Pillowing repoi I : I imi't again onnyral tilalo you on lull iny ill'! passed through anolln'l' very sliooossl ul y ear's work. For Iho very .successful year's work. For the ri'coivoil from iis .suppliers 202.U|tilhs. of huttor fal livin which has been made 238,2321b5, o| commercial hulUu' being too tons 7cwt.. an increase of 1(> ton lOcwl. over the previous .season which speaks lavourahly tor the future prosperity of the Company, and uyain anticipate a very larye increase for the eiiiiiiiiy season. The huttor nuirkoi has boon, as in jtreviulis years, very orralio. and had to he watched voy closely. At one period of Iho season the market, dropped so low that your Directors decided to hold iiii the sail- of hut tor until lhe market had recovered, with Iho ronsi ‘i | tie I loos that wo wore able to nett a lair price for butler held on tin- Condon market. Your Directors also hold hack about lll.it hiiNos u! butler tor tin* local trade, which has extended to Christchurch market, and in doiuy so v.ore able to participate in the higltcr prices inline. Till' follow iny prices wore paid to supplier' duriny file season. duly Is 7il. Atiytist Is 7f' 1. September 1' Sd. Octotier Is 7d. .Novemher Is (id, Dorcinbvr to March Is Ad. April. May Is 3d. dune Js fid. and your Directors ri'roninteiiil a iurlhev heal payini'iit ot ltd oil hutter-l'at from December to May inclusive, uiakiuy the average payment tor the sII -oti 1 s oil. A\ o also recommend a dividend of o fief i-oiit. on Capital. At llie beyiiitiitiy of last September vottr Directors appnmitd Mr Met ullutii from the Rata Dairy Company as ManayiT ot our Dairy factory, and In* has proved himself a very yood and capable inanayer. as the butter lnanulaet ureil has been of a vei l hiyh standard. the averaye yrnde heiny almost !)3 points which speaks very highly ol liis ability, and we ant icipaf'c that. next season win l ' the co-operation ot the suppliers in supplying a biyli ipiality cream, (which i- most important to the prosperity of the Company.) that we will reach an averaye yratle ol 1)3 and over.

Tin* retiring Directors this year under t!ie Articles of Association are Messrs d. Monk. R. Chirk and F. C Marshall. The retiring Auditor is Mr James Morris. Ail these gentlemen ar" eligible for re-election. The chairman while congratulating i’Jh* s'-iitivlioMcrs on just passing through a very bright and prosperous season said that the compnny’s Inittor factory b:ul nw'n running all through the winter and had mad,. If a; tons 7cwt of butter lor the sea-on. having had tin increase ol Ri tons Id cut over the previous season. T);o company was never m a more prosperous position than at the present time. It had cxo'irtod ,!,ns of but ter and had sold at a satisfactory price, tin* halame being sold on the local market. . . , , v verv heartv vote ol thanks and appreciation to Mr AM'allmu for services rendered during the season was carried hv aw-la mat ion. ike hotter made by the manager being ol a very high (|uality. The company inis anvauv soiti u> -orpin- export’ hotter for the coming season tin till ike end of December at •» vorv ootid price. while tun niospe* Or «ke'~s."vm lock very bright d,.,5l the directors are looking Orwaid hei.,g able to pay Is 7d. if not more, for next season's butter fat. \- there were tour director-- ie- , the following gentlemen were appointed as directors for the ensuing vo i r „.Mos>r> .T. Monk. 0. (lark. (». *spi-nce and O. Aniherger. whilst Mr I James Morris was re-apnointc.l andttOl\ r TA . \ t a suKsopuent meemio of InrectCVS Mr James Fleming was again elected Chairman and Mr R. t ku ke wa-re-elected Treasurer for the ensuing vear.