ANNUA VL MEETING FROZEN UNSATIS FACTORY REPORT.

Te Aroha News, Volume VII, Issue 397, 28 August 1889, Page 2

ANNUA VL MEETING FROZEN UNSATIS FACTORY REPORT.

Af *i uwal - meeting of the N.Z. -n. Jr W# Co to-day, tke directors Frozen Meat <£ " Cf)r tbe year emling submitted acco > he debifc balance 30th June, IS, ' l> 3 10d including stands at £30, x £ lb 8g 10d brought an amount of £'< OJU rigr ig year The forward from the V?*™* continued de . directors regret thai '™ BeB c Company's preciation in the rah. '™°* Ed losses' in properties, joined to un v^^ j manure connection with tlje a. >x^ o f tinned business, and on consigt. >ra^ nfcB Iftve . Q _ meats to the Home ma rr J !:ot ' *• >omo f or duced auch an unsatsfacto "^ u^ > Comthe past year. The position °^„ », S sets, pany with regard to the value lt . 3 J ye v cX I which does not at present mu ' ltGrl i al '. ,^ tß^ ceed the amount of the Compa Q^ . l ron has been the subject of comm Ulllo \ fci v between your Board and those fi n . anciai \ interested in the Company's posil ' on ' a ° the reconstruction of the Compa w . be suggested, as it is understood th at ll>e j works, as a going concern, may b \ ti ?." quired on rery favourable terms, h a) '" ing this, roiuntary liquidation will J36J 36 proposed. On the motion of Mr Pien * c'e ' secon<)ed by Mr Buddie, Messrs Grreei lj Ching, and West were appointed : N Committee to confer with the directors as to the position of the Company's affairs, and to report to a subsequent meeting to be held for the purpose of considering the advisability of reforming the Company, or going into liquidation.