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Manawatu Standard, Volume XXXV, Issue 6605, 17 April 1899, Page 4

tfi«e«were ho* wanting thoal 'Ktei ; ik»i; »he Association had Reached it *enjtb >na prophesied tha be expected. But • (8 aoh e loomy forecasts are not eubatan- ' l listed by the the year's progress , 'for has been increased hv over two hundred names; even the US ber Show of 1897 ""J «»£ ablV urn has bf en Bpent in the purchase Si ana, the overdraft has been reduced bv ode hundred ana sixty pounds. In lar distant centres the Association s .SthodßarenowquoteaaßauthortaUve and its November Show is apoken of " &Bhout the colony aa the MetroHan Show 0! the North Island a . Kara it is necessary to do everything poßßlbie to maintain. " ■ THIiBHOWGROUND. ; Early in 1898 a S-jb-Coinmittee was appointed to inspect the grounds and "reportTtherejn, and in accordance w»h their report the General Committee re- ' oved tha!during the ?earno provements of any exten be added, but that the .g™* 9^^ 8 ,; eto should, as required, be plaoed in a btaie of repair. Thw resolution hasbeen £dly carried out, but the experience at WB n,, f .eating and suit AM- proteotion flpta sun and ram, but *J\t Iβ more serious, the prinoipal exhlfiMwre of prize atook simply elated thai Jf -»'4nW(i proper aooommodation was pro vidPttVbr their exhibita their patronegf %abouia\aaee. In a word it was m»d( plum y »y,ent to the Committee that, 1 b the alarerdutioned prophenies were no; to belvil6lle<\the time had folly am vet ' r*./!6r a aomple, re-arMngement of th( ' /grounds. A Bub-Commit / tee wee appoin\d to report upon thi I" matter, and the eL 3 tanoe of theie/epor I ' waethat ftooneidfoible > reouirea to afleCt o nev lead an4<«rry ouUßTneoeeeftry im*ove roente. The General Otmmittee L on * ddereS the matter in oonoeotion wit, propyl from Mr McHardy and, as t metiN- General Meeting membeM called at which the foUoi ing presented:— iproyosAl having been made, ofieri the AsßOsfction. a sum *fp to £5000 f five wears, at a rate not to exceed fi per- oent.,' on . a guarantee from! , MoHardy and his sons, secured 1 mortgage over the Association's asee at a meeting of the General Oommitt on Saturday, 18th February, the folic ing reeoltrtixm was passed:— " That this Committee folly realithe nenerons epirit that animated Mr M Hardy in the offer whiob : he h*e made find up to JESOOO, beiog the mnney n< naceseary to enable the. Association progress in the future as it has in t past, and gralefully agrees to rf comme it the General Meeting of Members aooept the ofifer to such an extent as t Committee may think advisable Ml duly considering ways and means." Under the " Aaricultural and Pasto: Societies , Act, 1877, Amendment A 1886," ihe Association ia legally entiti to borrow mone/ under the yrovisic there enacted, wi'b the consent of tw thirds of the members present at a me ing specially wiled for that purpose ■- w proposed, in orde*to eecore the full \ .advantegesundertbieAct, to await I 11 ca*ying ont of the several works In ci ' ,ten!slationbeforeexecntiogtheneoeset securities, , v Tbe expenditure proposed may plaoed under three heads :— (1) The pnrahaee of land. (■J) Buildingeincludinggrandetat (81 Ke-arrangement and complet %of ground and appointments. 'ApDK&imately the amounts may ... at

'Elands, etc MW l 'vf r e'>adjaßiiDg giounde and 1 eppoiniments , \j, Total ,» *500 t^*/ " k It muat be understood that the Com 'f' / mittee do noi bind themaelvee to eipen *i P- ' theeeeuma.andwillonlyborrows^ffioien , to oarry out adequately the propose ' works. It may be mentioned that favoui / able opportunities have receotly prt •' sented themeeliee;./or acquiring severe adjoining sections,of wbiob tbePresideni s nnder the anthority of the Oommittei thought it jodicione to accept. < Ib i further contemplated that arrangement will be made »jth ' De Borongh Oounci to olose certain pprtlona of roads whicl are of no farther me to ratepayers, am substitute for same highwayfy of; mor benefit to the public aod the AsSqpiatior By this meaDß the Aeeocietjon's proper ties will be compact And easil, available for all r^qniremente. The Treeiwetwlll present an interest ing Bepott dealing with, the'receipts am < expenditure ol the Association daring th past.four: jeatev Fjord this may b galhpred tbe pleselng fade that whilst thi laoome has increased from £1280 in 188! to £2887 in 1898, the .expenses have tie crpaied io a satisfactory ratip. Se'ebgtb'at onb of the main effects o the proposed,works will be to economic the working expenses, it may be as eurned theithe expenses of the last yoa m»y be taUn as a fair basis futuri •" ' the other hand, there ii «sery reseflmble hope that theJftoreasec I • to panwns and the exwndedad_ ,'■■'. 'Irantagee to exwbitorß of stoatf will le« '.'■ ' 'to a subfltantwl inorease/of receintr ,, Tfife being bo, tcere shetfld be no d«* •;. v • inl«y in an amount of fj • i>4oo to. jESOO be aWksated out ' i year's teeome towai* of •f the advancee. TBe, in five yeas it is iFT\" hoped that, wife reduction of from #*»' to l'iW> tDe liability tot the F' '' awtgagee wil'->e sueh as will be amply ; . gupjPbtißdbyJe ineglo afforded in the - / ', ■' ossetß of f.> Association;,,.land there ?! '■ ehonld 6eio diiGoulty, should reason ; " of earrangement/ifor a further ■/.■'•. 5;-:-term u>' 'he nltimate ejilnction of the *-l ! ]:visL-£Mffkttt saggestion/has been made, jf? : ■'■• '■;■:'■'•.■ that/ae members bejinvited to become ,:.', life members of thjpAseooiationat £10 B'jt eaahj- and that aijfiema accruing from '■:: i" tide jsource be depled to reduction of /the mortgage, ev|H;jif, say. one hundred ■^•outf of ou?present inembership take, advantage otjthls privilege. The resultant £1000 at: once substantially reWF'' ' t , dqce our;liability, and at the same timey W''■■/. berjt pennanent relief trom interest on '■', :''• imMaoviA. It may be of interest $ .; ' mambers to know that the only easels /■' by wa y of security to the rno/t----;,v; gagee are tangible properties of the 4s:C- ' IdclatiorL and that such security, does '■'<■<■ with it the individual liability ' J '^al! m ' )er3 " r F°* s ' 3 80 f ar ae the legal : Bffljn is concerned; but to the roind of - the members will feel a ffi'MMßmi responeibilitv to loyally assist the ; ; t *||A|spoiation to aohieve t']at sucoeea of f||K||li its past operations have bo fur j|||||||iyen promise.— A. MoHabot, Presi|ip--• After fall disouseion, it was unanimously resolved: — . mj!"< " That the report of the Committen be W< , adopted anl confirmed; and that the - ' General Committee be, and they are, hereby uuthorifed to borrow money on / behalf of the Association from time to / lime, for all or any of the purposes authorised by seotion $ ol the " A. and P. Sooieties' Aot 1877J/Amendment Aot 1885," from Meaere M%Hard,y and Sons t in terms of their.,offer, at interest not j exceeding five percerit. The amount to ■, ;V be borrowed nqfeje hjß fflore thtin £5000,

lessirfg eno<fgtb^ comoleteneßß, a mil oompare j Southern Hemisphere. '^f , -g .•-■-■ (To be oontinued.r .■ r j