DEVONPORT PERRY COMPANY

Auckland Star, Volume XXXIX, Issue 148, 23 June 1908, Page 5

DEVONPORT PERRY COMPANY

■ ■ , :. ■ ANNUAL MEETING. ' ;.';,■• ■ . •;■ ' The annnal meeting of the Devonport Ferry Company, was held this afternoon. The chairman, Mr B. W. Alison, ing. •■■:'./ *.'■.'- . .•■'; .. ■'■}■;■•.■. :,, ;: v ' ■:.-. In moving the adoption of the report and balance-sheet, which have ■ already been published, the chairman said —"i have much pleasure in moving the adoption of the report and balance-sheet, and congratulate shareholders ■< upon.' the success of the year's operations. You' will observe that the net profit; for the; year, after making fullallowance for VlepreViation ton (Steamers • and.: and adding £000 to the insurance count, is £4150 15/1, a inoet satisfactory / The.receipte, cursion traffic have' exceeded the returns for any previous year,.whilst the general: passenger traffic has v been .well maintained. You, will see ftdin the report'that the company purchased tiie tug Lyttelton from the Lyttelton Harbour Board. This steamer "has. proved an excellent purchase,- and is a most useful addition to the company's fleet, louring the year new .wharves have been erected at the Islands' of Motu Korea and Pine Island, both of which are popular excursion resorts. : The cargo traffic is stilt being conducted in the same ante-deluvian manner as hitherto,; but there is every probability that the Harbour Board will undertake the constarnction of stages which will enable the company with a suitable cargo steamer to carry out the vehicular and goods traffic in an efficient and up-to-date manner. The Company's steamers, properties,: ;and plant are in good order and well maintained, and the service generally is •working smoothly a.nd satisfactorily. .lam pleased to state that the Company has maintained its record of-. freedom from accidents,- and when;; the/large number of passengers carried daily is taken into consideration, this immunity, from accident must be a' source of gratification to shareholders. There is no. further question of-importance'to: whieh-rfr ie necessary I should make ! reference. In concluding my remarks. I congratulate shareholders upon the continued, success and general prosperity .of .the Cpinpany, and desire tb : .give: expression, to the appreciation of the: directors of the zealous and attentive "manner in which the management and business of. the Company has been conducted, the employees as a whole* working with energy : and ' unanimity, to further; the best', interests of the Company, and the comfort;arid convenience of; its "patrons. The dividend will be payable on and after Friday next, the 26th inst. .With these r&- ---[ marks I have- much pleasure" in moving the adoption of the report and balance; sheet. . . ' : d ■'• •:■'•■ •••■.. ' The report and balance-sheet were ' adopted..: '.■■>■.';■•■■ • -••- ; - ; 1 Mr. D. W. Duthie, the retiring director, was re-elected, and Mr. Wi Hv Churton > was re-apppihted auditor; ': •. At the annual meeting of the port Ferry Company this afternoon, the chairman (Mr. E. W. Alison) was asked by a shareholder his. opinion as.to how far the Takapuna Tramways Company were, likely, tofaffect th e Ferry Company in their running. : Mr. he did not anticipate that the Beyonport Ferry Company's passenger, traf&vwould ■ be affectedV at least, so far 'as Devon- ' port was concerned. v ; _ __ . ' In reply to another, question, Mr. Aheon stated that the night service to De- ■ yonport did not pay, the compajny, but the poptinrcion of Devonport demanded that residents should have uninterrupted communication with Auckland. The future policy,. of ihe company .would be ■to keep abT«,a>t .of the"tiniest «(.nd; the . question of a new. cargo bbai. waa- now under consideration.: The proposal: been submitted to the Harbour Board, and provided floating .stages were erected, the company would build a suitable steamen. •"•,:..• •' ..v'->K-/.-:. : v-- : "v '■'."■■■"' : l