NORTH AUCKLAND FARMERS CO-OP., LTD.
ANNUAL MEETING,
THE fifteenth annual meeting of shareholders in the above Company was held in the County Chambers, Whangarei, on 28th September, there being about a hundred shareholders present. The chair was occupied by Mr A. E. Harding (Mangawhare), Chairman of directors, and all the others members of the Board were present, as well as the manager of the Company (Mr A, Holmes), and the secretary (Mr Jos. Mackie).
The balance sheet showed that the total paid-up capital of the Company had now increased to £74,480, with a reserve of £10,000. Sundry creditors amounted to £50,137, sundry debtors £105,238, bills receivable £24,096, premises account £23,908, the total assets amounting to £160,409 ; the gross profit for the year to 30th June reached £29,249, and the net result £7184.
The number of shareholders had increased to 1793 ordinary and 106 preference shareholders.
During the year Mr A. R. Crane had resigned his seat on the Board, and Mr Jas. McLeod (Helensville) had been appointed to fill the vacancy.
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Bibliographic details
Kaipara and Waitemata Echo, 18 October 1917, Page 3
Word Count
171NORTH AUCKLAND FARMERS CO-OP., LTD. Kaipara and Waitemata Echo, 18 October 1917, Page 3
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