FORGING AHEAD

Hokitika Guardian, 5 March 1929, Page 7

FORGING AHEAD

OLD FIRM IN YOUNG HANDS. It is always interesting to hear of an old linn going on from one generation i,o another and of young men of today “making good”. Such sentiments may be applied to recent developments in connection with the Charles Haines Advertising Agency Ltd., whose founder died a few weeks ago. Many people, familiar with the firm only by its reputation, have imagined that possibly the Agency might suffer a setback by the inevitable change in control. Such is not , the case, lion ever, as we are assured hv an official statement just made by the directorate of the Haines Agency It is stated that many years ago Mr Haines, with wise foresight, began to make arrangements whereby the control of the business would eventually pass to the leading members of his organisation. As long ago as 11)19 when the Agency was formed into a Company a first distribution of Shares was made amongst certain members of the Staff. Three years ago several executives were promoted to the Board of Directors, and to-day, amongst others, each Branch Office Manager lias a seat on the Board. The Managing Mr Will Appleton, has been associated with Mr Haines for the past nineteen years, and for seventeen years was Mr Haines’s partner. The other Directors all of whom hnve a lengthy association with the Company are Mr Herbert J. Lousley, Dunedin Manager Mr Maurice Hurst, Art and Literary Manager; Mr David Cody, Head Office Manager; Mr 0, H. Dickinson, Auckland Manager; and Mr A. B, Edwnrds, Christchurch Manager. 'Hie Secretary is Mr P. G. Williams, A.1.A., N.Z. In short, the complete control of the Agency is in the hands of a group of men selected and trained by Mr Haines, and appointed by him to executive positions with the aim of ainking an efficient organisation. No disturbance of capital or changes in finances will he made, but to provide for expansion in business the capital of the Company is being increased immediately, and the whole of the new allotment will be issued to members of the Staff, increasing the number of the staff-shareholders from 11 to 18. The directors state in conclusion: “The Charles Haines reputation is a great and proud heritage: we will strive to be worthy of it. This organisation has 38 years of experience behind it—it has self-contained branches in each centre and connections abroad—it has the will and the methods and the money to achieve—it has carefully-picked ability in its service—it is animated by the spirit of youth and progress.” ■MMM———