CO-OP. DAIRY SHARES.

Auckland Star, Volume LV, Issue 249, 20 October 1924, Page 4

CO-OP. DAIRY SHARES.

VALIDATION OF AILOTWBJJM. A RESOLUTION- RESCINDED. • (tty Telegraph.-Own Correspondent.! HAMILTON, this day. At a meeting of Walton suppliers to the New Zealand Co-operative Dairy Company the Dairy Industry Amendment Bill was again considered. Mr. A. J. Sinclair, manager of the company explained the bill in detail, and expressed r«""-et that the company's suppliers at Walton (without giving suppliers at ihe measure an opportunity ot stating their case) had extended an invitatbp to opponents of the bill to address a meeting last week, when a hostile resolution was carried with only one dissentient. He stated that his company was not in favour of the section relating to compulsory supply. He said the co-operative dairy industry would receive a serious setback unless the first part of the bill (validating past allotments of additional shares) was made law. After discission lasting until midnialit the following resolution was carried: "That this meeting of suppliers, having heard the Dairy Industry Amendment Bill explained, is strongly in favour of the first portion of the'bill, validating the past allotments of additional shares in co-operative dairy companies, being placed upon the statute book." Mr. Sinclair expressed appreciation of the suppliers' action in reversing their previous decision. A meeting of the Farmers' Union at Hairini last night carried a resolution favouring the first part of the bill. .