ANNUAL MEETING

Hokitika Guardian, 29 May 1933, Page 6

ANNUAL MEETING

WE3T COAST FARMERS COOPERATIVE LIME COY. The annual meeting of shareholders of the above company was held at the County Ltiumhai s, LucyiimutJi, On-Sat-urday last. i J.'ics:*ut: Messrs j. Alulearc (ebairlUoi), -. ; J. Tiiomson, J. Smith, P. j.<y{ieiy J.. .E iUcuicosh, \V. i«ishcr, H i Kennedy. AY. Alurray, F. Jacobs. A. Muir, J. Burrows, and Mrs At. A. Met oven. "■

Apologies weif» received-from Messrs iTi McLean and .L 11. Cropper. In lnoving.tlm adoption cf the balance sheet and repoxt the chairman x egret ted the poor attendance ot sbarehoidcrs duel- said that' on behalf of the retiring directors he must accept this as .axi expression of approval of their actions during the past year. There was no discussion on the balance sheet, ali present being highly satisfied.

Mr Alurray moved that the retiring directors b’e re-elected. Seconded by Mrt .laec'lis 'ii„d carried 'unanimously. In moving the re-election of Air B. 'Wild-' as auditor the chairman said it gave him great pleasure to have the. opportunity to comment on the .service that gentleman Dad rendered the Company by reason of his action as ,W i (tlien) debenture holder in the Company and he felt that "tlie Company 'was indeed fortunate in having the services of one of such sterling, qudl'.itie.4. Seconded by Air Rvdej- and car|g; ' ' :A'T'fThe chairman tlien referred to the :sad<. loss' the Company had sustained since the last annual meeting by tlie death of the late Mr W. J. Biitler for many years chairman of directors of the Company and said that few; indeed realised just how much tlie late gentleman had done for the Company Tlie action of Air Butler in coming to tire annual meeting in 3 631 -and congratulating the new directorate so wbrAeilwartodly ,on the remarkable) success they had achieved during.their first, term of office, was one that had created a vivid cud lasting impression nndvbad considerably , heightened their esteem and rtispeet for him... Ip moving-‘ a'motion of sorrow* the y-liairhian man, then aijkecl. . .that it -be carried •in the..usual manner. AH • •present •Standing in. Mi- 'U., , J- TMr Fisher; then ;in<iy.cd that' a; defter of contjelende expressing,tthe fftegfet and sympathy of the meeting be sent by Mr Me--tntosli-and .carried. 1 ~, , "iQqhgtatiilatory messagCi w£re; read fibm 'Messrs,Ti E. -Coates,and J. H. Cropper. The chairman said that it was rather cheering ,to receive these expressions iof approvShl and. persdn.la.lly ' lio felt grateful' to tlicbe who had taken the trouble to express their satisfaction

Assuming that the directors were correct in accepting the small attendance of. shareholders present as an •SfTJSjn'MeWce; iCftlie ’ direcT torate lie trusted that the same amount- of. eftuh<|epce »• would.■; he r;di ; s-. played, in a practical’manner out the : ipresent year: in that- every, shareholder '(despite the h'ard times) would endeavour to use as much lime as possible. If—they * could • only use one truck they ’ wo'uld ■ lie'-'helping the Company by using it and at it was by no means a. one sided deal, as they thornsely.es would benefit equally as much if not more ,so tlnjn the Company. Matters: were in such a. satisfactory condition at the works that orders from one hag to 1000 tons could he dealt with comfortably.

When even the erroneous statement, appearing in the press re-the Company going into liquidation ligd not been sufficient to startle shareholders it could be accepted as -a fact that the Company’s affairs were in a very sound position.

if each farmer would now. use all the Lime he could there would.not bo the slightest doubt tlicit tills year would also be successful and the cut prices would- have jus tiffed themselves. , A vote of. thanks to. the chair closed the piceting.. .. ~ - - ... ... ,