N.Z. BACON COMPANY.
I THE 3AN_'S 6UA.2ANT.EE_ : REIMBURSING THE DIRECTORS. \ ("y Telegraph.—Own Correspondent.) PUKEK.GHE-, this day. The case of the directors of the New. Zealand Bacon and Meat Packing Com-' paim who had to meet the bank guarantee on jthe day of going into liquidation, was considered'at'a "meeting of suppliers, of the New Zealand Co-operative Dairy Company. Mr. Dynes -Fulton, chairman of the : company, said that the two . Taranaki director's of. the ( bacon . company had' been reimbursed by the Taranaki dairy ! companies, but nothing-had been done # m the Yvaikjai'o.. . He pointed but that a levy of 2/ per 100'Olb of .butter-fat per annum for two 3'ears would mean only about £1 per atanufn for the average sup-; plier, but would help considerably toward reimbursing the Waikato directors, the three'of whbin Had been hard, hit through having T-o find several thousand pounds 'each. Mr. W. Gobdfellow said t l :e guarantee 1 had been gi'veii in the interests of Cooperation among the "farmers and the failure of the bacon company had been caused by unforeseen circumstances. The meeting, by a large majority, re- I solved to recommend that a levy of 3/ per 10001b of butterfat per annum be made for two years for the purpose in- . dtcatcd. \
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AS19260619.2.18.2
Bibliographic details
Auckland Star, Volume LVII, Issue 144, 19 June 1926, Page 6
Word Count
207N.Z. BACON COMPANY. Auckland Star, Volume LVII, Issue 144, 19 June 1926, Page 6
Using This Item
Stuff Ltd is the copyright owner for the Auckland Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries.