EQUITABLE BUILDING SOCIETY

Taranaki Daily News, Volume LIV, Issue 115, 4 November 1911, Page 7

EQUITABLE BUILDING SOCIETY

ANNUAL MEETING. -The annual meeting of the Equitable Building Society was held in the Town Hall last night, Mr. D. Berry presiding over an attendance of about 00 members. The report and balance-sheet as already published were taken as read and unanimously adopted without discussioß.

For the four vacancies on the direc- : torate the following were nominated: . Messts. .J- Paton, S. W. Shaw, F. P. , CprkJll, ,E,. Dockrill, and F. C. Bellringer. IJessrs. Beal and Milk were appointed .The election resulted in tfic . fetuni of. the retiring directors Messrs. XPaton, §. W. Shaw, F. P. Corkill, and ': " \- ~lfr. ,C. T. Mills was re-appointed audi.jTJic .directors' honorarium was fixed ait ; isyS;frpm each group as before. , , ; TJhcVeliairman, in returning thanks, , said,, (l that they could see from the balance-sheet that the directors were doling .their "best for the society. The securities jwere all good and both groups w.ere .prosperous. The directors thought that'the time would shortly be ripe to . opeja.a.-third group. There was some idea it. a bigger group as, ow- . ing.,t,p -the,rise of building material and the 'price 'of land, .they felt that £3OO ,was. perhaps, not sufficient. Each appropriation would .thus, probably be more . tluui,.£lso., ' I '"Mr. Ci.T.'Mills thanked the shareholders ; f or, their confidence in him, and com•'plinjc;ht,ed, the secretary and directors on ithe. excellent kalance-shect brought down. ,W. Shaw said that the credit secretary, Mr. H. Stocked, ;anfl",thu't" the society was very fortunate ift_htiving a secretary who took such a kceiTinterest in the society. At a subsequent meeting of directors tuii.i r! ~W. Shaw was elected chairman | of directors.