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MAROKOPA.

DAIRY COMPANY MEETING. Own Correspondent. The annual meeting of the Marokopa Co-operative Dairy Company wai held at the factory on AugUßt 16th at noon. There was a good attendance | of : upjiliM s and all the districts were j rrpre -rn!ed. The meeting was pre--1 over iiy Mr John Smith, chair- ; ;iiw of ei; ectors. | ih, fhr.irman in his annual report : ; with the financial position jof .he lomp.-iriy, which showed a trad* | - lor.n er the year of £l4O 2s 3d, | which uii p vvaa accounted for by the j !■> v; ! p, hbch in connection with the :e of cream and butter, combined v.-.C,! tl ' iarge amount of seoond grade i n ti r torned out last season, mainly I ;; he cr. iim supply from Ratanui, ;i! i hof time it was on the road j< \ . ntly having a deteriorating ! Tenders for the carting of cream j fit > i been called for the following iitry: Kinohaku to factory, i \Yaerengahou to Kinohaku, Kiritehere | (e Marokopa and Marokopa to the facj tiny routes. The tenders received in j each e.'iao were considered by the directors too high, but after negotia* { ions tho contract Kinohaku to factory w:n; lot to J. A. Thompson for the sum of :',2s 6d per trip. The river contract. Marokopa to factory has Ik-, n lot. to T. W. Vicary at the same price as last year. The route \V;;>•! <ngahou to Kinohaku and Klri-ii-liere to Marokopa are held over for ilu i rcicnt. During last season the * i .':•< ( !< n- disposed of waggon team and | i;■-s-.nc!) purchased last year and haua j ,•!:•(» .i two rooms to the manager* mi also buiht an office at ilw rr' ops. in addition to insulating the in;-i;k> water tank, installing a new heit t, replacing the cooler in use bv mere (serviceable one, bagging : !<ws» pipe from boiler to engine, put. in a new cream vat and v. v,•;•£( [■ pump; a spring dray mi r.h.) }.u)vluhhml for cartage of cream. ; The I;. manager Mr C. Thrush, aigned to take up another lae where, applications Were h the result that Mr W. H. appointed to the poai■tory manager, the position I . :,< i < f:.ry has been filled by the appointment, of Mr Percy C. Rose, j The average grade for the •ompany'a ; in;iter Jnßt season was 86.891, the i h i i;hent grade obtained being 90, and j ; he. lowest. 82A. The loss through second grade butter amounted to £SB (ih ,Sd. In order to reduce the company's overdraft the directors propose to make a call on all non-supplying' Khareholdere to the amount of Is per .share per month. It is also proposed to have all < ream graded at the factory and to make a difference of |d per lb butter fat between first and second grade cream. For thes season the price proposed to be paid for butter fat it- '.lAd to shareholders and 9d to non shareholders, and the directors hope !;y careful management during' til! araaon and with the aiSlßtance ' 1 iwpcration of shareholders to mere than (mid their own financially. I e: ; e three vaeancieß on the direcsemic fh re wire four nominations, A rni it age, E. McGrath, D. Ivicreie,:.; » retiring directors) and Mr ,U>hn Wo)shirs. A ballot was taken whieb vii; niimi in the re-election of :: i first-named gentlemen. At ; .■! . : eiicnf meeting Mr John v, euiei, : wnp elected a director in place ei mr John Willisor, resigned. me ; dn-ca:-nion then took place \ about iteniß on the balance-aheet, the heavy writing down on account of iic pi{ na;ion meeting with st»ong comment. Eventually Mr R. Neeley moved that the report and balancei !'• et h<> adopted, being seconded by ,*! r hj, Hereeourt. The motion was c:i •: a-ti unanimously.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/KCC19130830.2.19

Bibliographic details
Ngā taipitopito pukapuka

King Country Chronicle, Volume VII, Issue 598, 30 August 1913, Page 4

Word count
Tapeke kupu
618

MAROKOPA. King Country Chronicle, Volume VII, Issue 598, 30 August 1913, Page 4

MAROKOPA. King Country Chronicle, Volume VII, Issue 598, 30 August 1913, Page 4

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