MAKETAWA DAIRY COMPANY.

Taranaki Daily News, Volume XLVII, Issue 81857, 4 October 1906, Page 2

MAKETAWA DAIRY COMPANY.

The annual meeting of the shaic holders of ihe Maketawa Dairy Co., Inglcwood, was held on Monday evening. Mr Jos. Brown, Chairman ol Directors, presided, and there was a lull meeting. . The report showed that s^<J.- f *3 lbs of milk had been received, and advances had been made on 231.45y-3'O s of butter-fat. Butler made amounted to 255.51.db5, an increase over the previous year of iScylbs. Il look ">n a\eiage of 22.4 ms of milk to make ~ pound of butter. The average test .1 as neariv 4.0. Out of the suiphis lot £255 5 ; 4, l « u Oircciuis recommended a further payment of 'd per lb of .mitcr-fat for die season, absorbing /1241 2,-S, and to carry, the balance torward. Suppliers would then have received equal to nearly 10.15 c! per ib of butter-fat for the season. The ■crvicos of Mr Juhnsmne, as manager, and Mr Percival, as secretary, had been retained for the current year. The balance-sheet showed ilia 'JiJS4S 155 had been paid to mi'k--.upplicrs, manufacturing expenses including boxes, paper wages, repairs, lire insurance) £O3O 3/1, selling and administration oiargcs /J304 12/11. and that /JlO4 5,7 had been written >fl for depreciation. On die rcvi'n ic side Butter sold £11.113 0/4. buttermilk £iO if,;, surplus skim milk £l4 iti IS, and minor hems. The report and balanco-sht ct were ■ dopted. The outgoing directors, Messrs ]. A. liridgeman and 11. Sole were re lected, and M. Ilopsnn re-elected auditor at a rcniuni'ra'ion of live gtuieas. A vole of thanks and appreciation was accorded the manager and staff and was carried by acclamation, Mcmion was made that the C«mpanv had again held fie premier place for grade in the colony. At a subsequent meeting of the Directors Mr J. Brown was unanimously re-elected chairman.