THE PROPOSED BUTTER, CHEESE, AND BACON-CURING FACTORY.

Temuka Leader, Issue 9417, 18 May 1882, Page 3

THE PROPOSED BUTTER, CHEESE, AND BACON-CURING FACTORY.

The provisional committee appointed at the public meeting held in the Volunteer Hall met lasc Tuesday evening in the Star Hotel. On the motion of Mr Twomey,Mr Gray took the chair. The names of Messrs J. Pat«rson, Sando and J. T. M. Hayhurst were added to the Committee. On the motionjof MrTwomey,seconded by Mr Pilbrow, Mr J. Ashwell was apposed Secretary pro tern.

The Chairman said that since the last meeting he had hap an interview with Mi Hugo Friedlander. Chairman of the Directors of the Ashbnrton Butter, Cheese ;md Bacon-curing: Factory, and he had given him some suggestions. He had also sent a letter which he would read. It was a pity the matter had not been taken up more warmly, but if the few who took an interest in it carried it to a successful issue, it would be more to their credit. Ke felt it would be a success, and that other industries would start in its wake.

The Secretary then read the following letter from Mr Hugo Friedlander : " Ashburton, May 12, 1882.

" Dear Sir.—la compliance with promise made I now beg to inform you that I have sent you under separate cover some ot our cheese and you will allow me to rnf&'e, a few remarks j the following would undoubtedly be of some advantage to you to assist in floating' the Company. Ist. Get as many farmers as you possibly can to take if only two. or three shares each, so that the Company is well supported all through the district. You will find it, however, a difficulty to get at each individual farmer. I should recommend you to obtain the services of someone who-"has got a thorough knowledge in cheese and butter making and have meetings in the various parts of the district to address farmers on this subject, and at the end get them to take up shares,as it is tl,en a good opportunity. The gentleman at the head of the Agricultural College would be, I think quite willing to address two or three such meetings, 2nd. In chosing your Provisional directors see that you j put men on who will not only lend their ; names, but will undertake to work up the concern themselves. They should be chosen from various parts of the district, in which they will have to make a house to house canvass. By such a process only you will be able to float your Company as farmers as a rule are very slow indeed in coming forward to support anything of the kind, although it may, as this undoubtedly will be, for their benefit, in fact almost wholly so, as first of all they will first sell their milk to a better advantage, than making butter, and then as shareholders, if there is any profit ; they will participate. 3rd. It would he advisible only to start one factory first in such a district, as will be able to supply j milk from say 300 or 400 cow 3. These should be kept within a radius of four or five miles. After the one factory has proved a success, then go in for establishing others, but not till then. Those farmers who might wot; perhaps, reap a j direct benefit at once, although shareholders,should not forget that it would be very unwise to start all at once a number of,'factories which might for a while benefit them all, without first trying the experiment with one factory, because in case of a failure the loss,* would comparatively be only small,where as if a success,they would by the establishment of share factories reap eventually similar benefits, and meanwhile they would have received fair interest on their outlay, and helped to establish one of those industries, which sooner or later must become the staple product of this colony, Cheese and butter will have to go hand in hand with the meat export. Farmers cannot now always g-ow grain, therefore they will have to turn their attention in another direction, into that of growing meat, etc. Buildings to work up the milk from 400 cows will cost about £600; machinery about £3OO. A married couple and a young person, the former to manage the concern and thelatter to assist, will be all you require, certainly not forgetting the Secretary to the Company. Should you want any more information, I shall be most happy to give it if in my power. You can consult Tith some of your Company Directors, and if while at Home I can be of any service, 1 shall be most happy to give your Company any experience which I have gained in the floating of our Company and the working of the same. As already told you, either by Tuesday morning's train, or by the express, I shall probably pass through Temuka, so if you wish to see me please meet me at the station.—Yours truly,

"HUGO FBIEDLANDEft,

" Mr K. F.Gray,"

A vote of thanks to Mr Friedlander for his kindness in forwarding the information contained in the above letter was passed. Some discussion' next took place as to how the preliminary expenses would be paid and it was ultimately decided that the members of the Committee would guarantee them. Mr Sando gave an account of what he had been doing with regard to the matter. Seventeen farmers had guaranteed to supply 580 gallons of milk per day, and 20 farmers had promised to take 159 shares o £5 cash,.

Some discussion took place as to the amount of capital required, Mr Gray suggesting that it would be better to go in a small way first, and Mr Sando holding that it would be better to start the thing properly at once. It was ultimately resolved on the motion of Mr Patersoo, seconded by Mr Austin—" That the Company be called the Temuka Batter, Choose and Bacon Curing Factory Company (Limited), with a capital of £SOOO, in 'IOOO shares of £5 each, the calls to be 5s on application, 5s on allotment, the _baUmcojn calls of not

more than 10s per share at, intervals not less than three months."

It is only intended to call.up £2 10s per share., ,! / " ' ' ; A list q£ : names was then given to the secretary with instructions to'write;to thorn asking whether they would consent to havie their names placed on the provisional directory, and to what extent they would support the movement.

The Bank of JSTew Zealand was appointed as '.he Bank of the Company.

The Secretary was instructed to call a meeling as soon as he had received answers from the gentlemen to whom he was instructed to write, and the meeting terminated with the, usual vote of thanks to the Chairman.