WORKMEN'S FRIEND BUILDING SOCIETY

Wairarapa Age, Volume XXXII, Issue 10518, 5 January 1912, Page 5

WORKMEN'S FRIEND BUILDING SOCIETY

ANNUAL MEETING. The annual meeting of the above Society wafl' held lia»t nighJfc, in- tbe Y.M.O.A. Rooms, Mr J. A.'McEwen (viceKShiadi'mian) presiding over an attendance of between' twenty and thirty members. The minutes of the last annual meeting having: been confirmed, the balance sheet and report, which had been printed and! circulated', was tar ken asi read, oni the motion' of Mr Price, seconded by Mr W. Bytford. In moving, the adoption of the report and balamce sheet, the chairman expressed has pleasure at seeing sueh a large attendance, aind 1 .said that the large niuwber of new sharesytaken up during the year f poke 'well for the Society and thic;°t canvasser. The Directors had obtained, an. expert report upon the mortgages and. securities of the Society, which proved very satisfactory. The reserve fund was of a- sulbstaiitial chiaraoter, and the payments, of meinibers was now kept well up. As the three recking Directors' were the Onfy ones nominated, 'they would all be re-elected. The shareholders' auditor, Mr James ,MHine, was eMgiMe for re-election. The Director si had received a proposal for amending the rules in. the direction of reducing the share limiilt from. 600 to 400, and they proposed oallang 'an extraordinary, general meeting to deal wiftHi this, and other amendments: that, may. be deemed advisable, and he proposed holding this meeting on the 25itli inst., when, amappropriation of £3OO free of interest, by sale, would,be made* The shareholders'' books had been caled in. for audit purposes, and were now ready for return-. He would be pleaised to answer any question®. The motion for the adoption of the report and balance sheet was seconded! By Ma- D. Thread well!, who congratulated tlie Directors- on, the ner in which the affairs of the Society had been, conducted during the year, and expressed: his satisfaction at the value of the work done. Several questions having been, satisfactorily answered by the Chairman, the. motioiv .for the adoption of the report and balance sheet was carried unanimously.

The tihiree retiring Directors, Messrs W. H. Jackson., H. J. O'Leaay and B. aiapma.ii, were declared duly elected. " . • •

■Mi' J. I'ryoT mo vied and Mir H. Piryior seconded, that Mr James Mjiiiie he re-elected! shareholders' -auditor, and the motion was- carried unanimously. A discussion, ensued on. the question of ailt'erationi of rules, ami the chairman invited! shareholders to send in any suggestions they had to make to the secretary by tins Htli in«t., when the Directors would meet to consider the matter and arrange for pending notices for the meetting. to diiiseusts' the questions. Mir MoEweu apologised! for thb tuKWoidah'le absence of Messrs W. H. Jackson, A. Donald,, and H. J. O'Leary alter thanking momhers for'attending, declared the meeting closed. '

Boslyni Blankets, Rugs, Tweeds, Worsteds, SMits Hosiery, aiblfe Flannel and Underwear, Delta" Finish'. The-best that money can huy. Mslw'' KmhTOf+tirtTi H ori * F '' >■.,!, r.ivptUß IY-l IV nn-t >h.- Ka- -»;.. Atoll* WHirtFN