FARMERS’ FREEZING CO.

Stratford Evening Post, Volume XXVIII, Issue 54, 2 November 1915, Page 2

FARMERS’ FREEZING CO.

STATUTORY MEETING. The stululory meeting of the Taranaki Fanners’ Meat Co. Btd., was held at New Plymouth yesterday. Mr J. T. Quin presided over a large atleudanee el shareholders. The report was adopted. The chairman gave a briel resume of what had been done by the company up to the present. The provisional directors had incurred liabilities amounting to £21.000 lor tiro purchase of machinery. Orders had boon placed in Great Britain for the machinery, which, it was hoped would come to hand in time lor the establishment of 'the works by next season. The Imperial Government, however, now had a say in the question of machinery and shipping, and it was possible there would lie unavoidable delays, but everything possible would he done to get the machinery here ht good time, lenders closed on Saturday for the erection of the buildings, and tho tenders would come 'before tho new directors, who would have to say whether they would accept a tender or erect ilie buildings by day work. Mr Quin added Unit be had been asked to explain the policy ol the company, hut ho wished to point out that he could not do this, as lie was only a. temporary director. A shareholder asked how many shares which it was promised would he taken up had not been taken up. The chairman said there were about 1000 shares which had not been taken up, but the company had hopes that the persons who had promised to take up these shares would do so shortly. A shareholder: - i don’t think those shareholders will make good. These prospective .shareholders have-, never received any information beyond what they had read in the newspapers. I think it is the duty of the chairman to send out prospectuses and application forty's, Tho secretary (.Mi' Hugh Badly) replied that that had been done. The shareholder: Well, they were never received anywhere. Mr J). J. Hughes asked if the directors pledged to consign through any particular shipping company. In view of the report that a Japanese shipping line proposed to extend its operations to New Zealand, he would like to know if any pledge had been given. The chairman said that as ho was only a temporary director he could not speak of what the directors would do, but personally ite would favor the meat being sent to the cheapest and best market that could possibly bo

got, A shareholder; \\ould you bar none ? The chairman: Oh, I’d har a Germim. THE 01HECTOR ATE. It was decided that lor the first year the number ot directors should be twelve. The following acre nominated: — ’ Messrs John T. Quin (Eltham), Michael Fleming (Pungarehu), A. Morton (Egmiont Village), W. R. Wright (Raliout),. Newton King (New Plymonth), A. W. Badge (Stratford), J. W. H. Martin (Pukcaruho), H. P. Best (Eltham), W. A. McCutclum (Whangamomona), B, Marfell (Toko), A. B. Gamlin (Inglewood), C. F. Young (Tariki),-Wilfred Perry (New I Plymouth), and P. A. Oponshaw (Lep- ' per ton). The election resulted »s follows: — Messrs J. T. Quin 185 votes, N. King 185, W. A. McCutchnn 185, E. Marfell 181. A, Morton 182, IT. P. Best 171, A. W. Budge 172, M. Fleming 170. A. B. Gamlin 104, W. R. Wright 163, C. F. Young 163, W. Perry 151, J. W! H. Martin 113, P. A. Openshaw 19. At a subsequent meeting of directors, Mr Quin was elected chairman. Mr E. P. 'Webster was elected auditor. GENERAL, A shareholder pointed out that o'1 the voting paper, the address of Mr Maijtin w as given as Stratford, whereas Mr Martin came from Pukearnhe. There were probably, many shareholders present who did not know many of the gentlemen nominated for the directorate,, and ’had voted on a district representation basis. It was probable that Mr Martin lost many votes through this, since he was the candidate from north of Waitara, whereas there was another candidate. Mr Budge, from Stratford, as well as one from Toko and two from Eltham. The secretary explained that the mistake wa s a printer’s error. At a meeting of directors, tenders for the erection of the buildings wore considered. Four tenders were received, and the directors decided they could not accept any of these. What further action to provide the buildings will he taken lias not yet been decided upon.