The Freezing Works.

Wanganui Herald, Volume XXXXVI, Issue 13523, 3 November 1911, Page 3

The Freezing Works.

■ TO THE EDITOR. « Sir, —In your resume ol my remarks at the shareholders’ meeting of the’Wanganui Freezing Co., held on Tuesday, it is stilted that I said, referring to (lie pro sent -directors, that I was “sure they would not got worse.” What I actually’ did say was that exception was taken to the personnel of the proposed new directors on the ground of their lack of business experience; but that even admitting that the contention wore correct, the new men he better than the old, and were not likely to he worse, inasmuch as notwithstanding their 21 years’ business experience they had not been able to please the investors in the only way that appealed to them, viz., by the payment of reasonable dividends. I ask you, to make the above correction as I believe there are one or two capable men on the old directorate, and I should he sorry for the idea to prevail that-''the shareholders, do not consider them, en bloc, to bo fitted to conduct the future business of the company. —Yours, etc., ■ ALLAN ROBINSON.