FARMERS' DISTRIBUTING COMPANY.

Otaki Mail, Volume XXVIII, 23 April 1920, Page 2

FARMERS' DISTRIBUTING COMPANY.

MANAGER AND DIRECTORS RESIGN. Considerable surprise was expressed in business circles on Thursday (says the "Post") when if was learned that Sir James Wilson. Kt.B. (chairman). Messrs H. J. Richards. John BabilliV. and Thomas Moss, together with the general manager of the company (Mr A. Leigh Hunt), had reliquished their offices in the N.Z. Farmers' Co-opera-tive Distributing Co. Sir James Wilson (who is also President of the Hoard of Agriculture and of the Farmers' Union) ant i Messrs Richards, nalsillto, and Leigh Hunt have been connected with the company sin, e its inception nearly twenty years ago. The com pany had a very modest beginning when, af a meet in;;- of ten farmers of Otaki. it was propose,-,! by Mr A. Leigh II "tit and seconded by Mr 11. J Richards. ••That steps be taken ttoini a Farmers' Co-operative Company to establish a market in Wellington fu: the sale of farm produce." This w«! carried. Immediately afterwards tbe company was organised by Mr Leigl Hunt, with the assistance of the N.Z [•'armors' Union. It started with ; ,-apital of £500(1, ; ,nd now has a subscribed capital of ££oo,ooo and n share list ot' 2300 bona tide farmers. Its an mm I volume of business today habeen raised to £1,088,000. Branchet have b,.e„ established at I'cilding tt'angnuui, Masterton, Marton. tie: I Taihape, and -'li,ooo bales of wool pat! ed through its hands last season. Sir dame:- Wilson and Mr Leij! Hunt, who are chairman and raanaptj j director respectively of the Dominic: Farmer-* Institute. Ltd., will retail | their present positions on that body. ! It is understood that in connectto: I with the disruption of the Farmer! | Distributing Company an action fet | libel is pending between some of th . parlies concerned.