MASTERTON CO-OPERATIVE DAIRY COMPANY.

Wairarapa Age, Volume XXXII, Issue 10405, 28 August 1911, Page 5

MASTERTON CO-OPERATIVE DAIRY COMPANY.

THE ANNUAL MEETINC.

The annual general meeting of sihiaxieiholdieT& of the Mastte/rtoni Co-op-erative (Dairy Co., Ltd., was held in Murray'iS' Buildings., , Queen, Street, Mastertoni, on Saturday afternoon teat. Mr J. C. Eiwihgton, Chairman: of Directors, pre/sided. After the. miniuteis of rthe tost annual meeting had heemi read and connrorietij 'the secretary read the report and balance' sheet for the year ended 30th June' (already publlisEeTl dm the Age). Thie chlairaman, im moving tlhie (adoption of the report and 1 balance sbieet, .referred to the satisfactory increase in. the supply of milk at Rangitumiau, and of ©reami at Masitetriton, which, biad resulted in an increase of nearly 70,000iLbs of butter oyer tftue previous year's make. The Directors generally bad done* their best in the interests! of .the- shareholder®, and the result of the- yar'& working, as isho-,vn in the balancei-sheet, -must be very mtisfactory to all of them. Mr W. R. Boyd' seconded the motion, and discussion, was invited.. In. reply to a 'que&taoiij the chairman' stated,'that a payment, of am* .extra farthing- had heem made to supplier® delivering cream at the factory, ; and tbe'Dkecibr® wo _ «:ld ifurtbier care* fully consider.;• th© equalisaitaoin - <of payment' betweiehi the boine separation and tbie creameries.; Tb© obairman istoted, in' reiply to a question, that the Dkeotors oonisddered it better rt» write off a further ismm for depreciaitdoin' of pliant, and to inicaneaise the .sinking fund •thani to pay a dividend on isbares. thde year, seeing that tbe Mangamiaire and Nikau oreamerias bad 'been c3k>sed. The Diirectoi-s weme xmanimou'S, boweiveir, in deciding to comnxuenoe thie .payment of dividends' tbiis year. : The anotaonljfor the adoption of the I report and balianoe slhieet was them I put and carried unanimously. '

For the four vacancies- om rtbiei Direetorate there weire isevem inominatioms. (Meissris W. H. Buick and E. L. Foster weri3 .appoimuted isorutiineeins, and the result of thei election, in which oomisiderable interest was taken, wais the return of Messirs J. C. Ewangton, .W. R. Boyd, R. \Wiltonv aaid o.' A. Wall, each of wlhbin' returnedl thanks for'' itjhi&ir; ©leotioni.

On (the moi2oni of Mr Pi Cotter, seconded." by Mr J. E. Kjefirtsriup, Mr, James' Milae' was eleoted auditor.

Mr Pierce Cottier antorad a. hjearty Tobe of itbiank® to thei chjairman (Mr EfWinigfcom), w'hose'tiane, interest, arid busanielsis abilEty were unisparonigly gwem to tbeu Company. Thie .miotion was carried by acclamation: and briefly acknowledged by the dhaiinmian. '

Mr P. Cotter, in, moving a vote of thank® ito the isecretary, desired! to personally laukniowledge the great &sBisttanice' given by Mr R. Brown, in all matters in any way affecting the welfare of the. iCbmpany. Tbe motion' was (seconded by tihe chairman. (Mr Ewingtoni), m ami eulogiistio ispeeoh, and carried Iby aodCaimatkwi.

A vote' of thanks was givemi to the outgoing Directors!, on the motion of Mr W. R. Boyd. At the dose of (the annual meeting, the Direotors met and unanimously Mr J. C. Ewington cbairmarni

The DinectoiPft decided *o meet ■aga&a «a Saturday, 2nd September, for ordinary business.