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CHEESE AND BUTTER FACTORY.

A meeting of the Provisional Directors and the Shareholders of the Ashburton Cheese and Butter Factory was held in the Town Hall this afternoon for the appointment of permanent Directors and other business. There was a large attendance, Mr John Orr in the chair. REPORT OF PROVISIONAL DIRECTORS. ' The report of the Provisional Directors was read, and detailed the formation of the Company and the steps taken by the Provisional Directors to ensure its success. The number of shares disposed of up to date out of the 1,000 issued was over 700. The articles of the Association had been prepared, and were now ready for signature. The report recommended that the number of permanent directors should not exceed seven, four to form a quorum. The report added that as the season was advancing, and it was desired to commence operations at the Factory in September or October next, it would be necessary to push on the work and make the necessary arrangements with the farmers for the supply of milk at once, both for the convenience of the Company and the farmers themselves. The Provisional Directors added that in view of the probability of the successful export of cheese to England by vessels fitted with refrigerators, they saw no reason why the Company should not financially be a great success, and be the means of fostering a very important industry to the district and colony at large. CORRESPONDENCE. A letter was read from the Immigration Office at Wellington, in reply to a letter from Mr E. G. Wright, M. H. R., asking that a married couple might be granted a free passage from England, said couple to be chosen on behalf of the Company by Mr Bowron. The reply was that free immigration had been suspended of late in all ordinary cases, but in this case, when the company wore about to start an important local industry, the Government would consent to grant a married couple a passage on the usual terms, namely, payment of L 5 for the passage of each male adult in the family. 4ETICLES OF ASSOCIATION. The Articles of Association were being read over to the meeting when we went to press.

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http://paperspast.natlib.govt.nz/newspapers/AG18820111.2.9

Bibliographic details

CHEESE AND BUTTER FACTORY., Ashburton Guardian, Volume III, Issue 531, 11 January 1882

Word Count
370

CHEESE AND BUTTER FACTORY. Ashburton Guardian, Volume III, Issue 531, 11 January 1882

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