What – No Pig’s Knuckle? SHAREHOLDERS REVOLT

Sun (Auckland), Volume IV, Issue 1082, 20 September 1930, Page 18

What - No Pig’s Knuckle? SHAREHOLDERS REVOLT

r- The absence o£ a pig's knuckles, ■j sauerkraut and beer luncheon with free cigars for the shareholders of the - Grossman sausage factory of Coburg 7 as a sort of traditional extra divi5. dend, provoked a near mutiny among the owners of the company’s stock at the annual meeting recently. a The stockholders assumed an inti tractable mood when the directors s proposed the absorption of a Berlin e distributing company- and regretted 1- the inability to pay dividends this =, year, but they became quite unmanageable when they realised they were d not going to get the accustomed it luncheon. It was oE.ly when the 3 directors assured them that the headl. quarters would remain in Coburg y and the annual meetings would heneei3 forth be held in that city, with the d pig's knuckle lunch thrown in, that t- the shareholders could be persuaded s, to accept the report. The shares in the company are i-' practically all owned by Coburg mery; chants who were jealously afraid that o: the absorption of the Berlin distributi- ing company might mean the eventual s- loss to their town of the company’s ’ headquarters. X