TARANAKI FREEZING WORKS

Taranaki Daily News, Volume LIV, Issue 53, 24 August 1911, Page 2

TARANAKI FREEZING WORKS

ANNUAL RKPORT." The annual report of the Taranaki Producers Freezing Works Company to be Oaid before the animal general meeting of shareholders to be held at the Borough Council Chambers, New Plymouth, on Saturday next, is as follows: Your directors arc pleased to again bring ibefore you the annual balancesheet, which is of a satisfactory nature. We commenced the year with a balance in store of 0592 boxes of butter and 348 cases of cheese. Received during the year, 182,522 boxes of butter (being a decrease on the previous year of 2008 boxes) and 40,4!)0 cases of cheese Is less than last year), fifty nine thousand five boxes of Gutter were i and 001 boxes to the ports; 35,530 cases ol to London and 5100 st of Knglanil; 20,510 md 4:1 cases of cheese or local consumptiw, es of butter and 5# store on July 30, 1011. ing again shows a deto improved and more ds of working. The of [irolit and loss ac--sd, anil your directors there be allocated to lie amount of produce em for the year ending ■ sum of 4s per ton on ■r ton on cheese, and remaining after such allocation be carried forward. You will be asked to consider the question of the payment in cash l>y shareholders of unpaid share capital", and of the advisability of the company paying a dividend on all share capital. Resolutions dealing with these matters will be submitted for your approval. In order to provide for future requirements your directors have decided to erect substantial additions to the works. You are required to elect two director* in the place of Messrs. T. O. Hodgson and W. SwadHng. who retire in rotation but are eligible for re-elec-tion; also ah'auditor In place of Ifr. C. S. Rennell, who again offers bis services.