INGLEWOOD BACON FACTORY.

Stratford Evening Post, Volume XXXX, Issue 47, 12 October 1914, Page 2

INGLEWOOD BACON FACTORY.

ANNUAL MEETING. The annual meeting of tlio Inglewood Co-operative Bacon Curing Company, Ltd., was held at Inglewood on Saturday, when Mr A. Morton, chairman of directors, presided over a largo attendance of shareholders. The annual report, as previously published in the ‘Tost,” was adopted. In reply to questions, the chairman stated that the 5 per cent, interest on share capital was paid to all shareholders, but in the case of non-sup-pliers it was credited against their capital account if the shares were not fully paid up. * In giving some statistics, the chairman said that the average weight of baooners was 132.941b5, as, against 131.51bs the previous year, and of porkers 91.801 b and 951 b. Iho total number of pigs handled was 4f)55, as against 4232 the previous year. The average price' paid per pig exclusive of the £d per lb bonus was £2 15s, and £2 13s 3d the previous year, and of porkers £1 I3s 9d and £1 14s od. One hundred and twenty-eight pigs had been condemned, as against G 8 the previous yeay. This meant that about 2% per cent, of their pigs had been condemned, but that was less than in other districts. Waitara, Smart Eoad, Toko, and Douglas had sent increased numbers of pigs to the factory, hut the supply from Midhirst and Tariki had decreased. The shareholders of the company now numbered 603, and the total shares held was 1074, while 409 shareholders had supplied pigs during the year. Of the. retiring directors, only one, Mr A. Morton, sought re-election. The other two, Mr J. Davidson, w’ho had been on the directorate ever since the inception of the factory fifteen years ago, and Mr H. H. Yeates, who had been a director four or five years, declined nomination, and wore accorded votes of thanks for their past services. The election resulted: Messrs A. Morton 46, W. H. Were 37, J. A. Bridgeman 20, F. Schicker’l6, W. G. Shoemark 13, W. Jellyman 5. The first three were declared elected. *

After returning thanks for the confidence shown in him hy his reelection, Mr Morton referred to the satisfaction that he had received at the election of Mr W. H. Were, who represented Toko, a district that he felt sure would bo a big supplier to their factory.

Mr Mark Hopson was re-elected auditor.