BUILDING SOCIETY ELECTION.

Southland Times, Issue 18831, 26 May 1920, Page 2

BUILDING SOCIETY ELECTION.

To the Editor. Sir, —The voting papers are now in the hands of the shareholders and as in the past the retiring directors are afforded a most unfair advantage over the rest of the candidates standing by having their names repeated in large type among the instructions oh the voting paper. While it is the usual thing to see the retiring directors' names on a balance sheet it is uncalled for and probably illegal on the voting paper. This is an unfair privilege and gives the retiring directors a lever that they are certainly not entitled to, amounting to practically a block vote. It is to be hoped that all shareholders will carefully scrutinise their voting papers and give every candidate whose name appears in the voting paper fair consideration before (hey exercise their vote. If they do so they might come to the conclusion that a change would possibly prove beneficial. As recently pointed out one of the retiring directors who is also offering his services holds the position of chairman of a rival society. Surely this should not be so. Shareholders have a witle choice on this occasion as there are several energetic and capable young men offering their services. This is an age of progress and the Society offers plenty of scope for improvement in some of its conservative methods. Trusting that a large vote will be recorded on this occasion.—l am, etc., SHAREHOLDER. May 25.