MOTOR TRANSPORT COMPANY

Taranaki Daily News, Volume LIII, Issue 204, 7 December 1910, Page 7

MOTOR TRANSPORT COMPANY

TO BE VOLUNTARILY WOUND UP. An extraordinary general meeting of the company was held in the Pungarehu Hall on Monday afternoon for the purpose of winding up the affairs of the company and appointing a liquidator. There ■was a fair attendance of shareholders, Mr. M. Fleming, chairman of directors, being in the chair. The chairman, in addressing the shareholders on the position, said it was not long since they had met at the annual meetings when it was expected that the company would have a good year, but the unfortunate coach accident that had occurred had settled them, and the best thing was to wind up the company voluntarily.

After a number of questions had been asked in regard to the waggons, ,one of the directors, Mr. R. Morrow, said that the waggons were all right if they had been treated right at the start, while the management of the company could have been better. This speaker, as well as other shareholders, remarked on the way in which Mr. Woolridge's waggon was running, as a proof that they had not been treated a3 they might have been.;

Mr. Newton King said that he had been getting a lot of blame for introducing the waggons here, but the present position was no fault of his. When he was in England and saw the same waggons limning their two-ton loads, he thought they were just the thing for here; and he was sure if any other man went Home and saw them he would think the same thing. Mr. King said that the quicker the ratepayers on this coast got to iwwrk and forced the hands of the Taranaki County Council and got the whole coast into one county and put the road in good order, the better it would be for themselves; at the present time it was a disgrace for any local body to have a road like they have now. The metal was put down and not blinded or rolled, and there it was left; and it was owing to the bad roads that the company was in its present state. Other shareholders also spoke on the need for better roads, and the resolution was put to the meeting and carried. Mi-. J. S. S. Medley, Official Assignee, was elected liquidator. A resolution was proposed by Mr. Chapman, and carried, to the effect that the affairs of the company were not due to the management, but to the bad roads. A vote of thanks was passed to the chairman and directors, concluding the meeting. —Coast correspondent.