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COMPANY AFFAIRS.

THOMAS BORTHWICK AND SONS. HEADQUARTERS TO MASTERTON. Thomas Borthwick and Sons (Australasia), Ltd., find that, owing to their having larger interests in the -North Island than the South Island, an economic move can be made by transferring their head office for New Zealand to Masterton. This move (aays the Christchurch "Times") will make no difference to their South Island business, which will be carried on from Christchurch, where the firm will have its South Island head office, which will be in constant communication with New Zealand head office in Mastepton. - ' . • . The change will be made in time tor the commencement of the coming season, and the management will move to Masterton on October 18, the remainder of the staff following soon after. MOST SUCCESSFUL YEAR. FEILDING FARMERS' FREEZING CO. At the annual meeting of shareholder of the Feilding Farmers' Freezing Company the chairman, Mr. Hugh Burrell, said that the company had had the most successful year for the past decade. The stock killed showed increases over the previous year as follow:— Sheep and lambs, 42,021; cattle and vealers; 1386; bobby calves, 13,040: pigs, 3574. One very pleasing feature ot the year's work was the complete harmony and goodwill existing between the company and-the staff of workers, and there had been no suspicion of any dissatisfaction during the year. Messrs. J. W. Bramwell, J. Linklater, and E. E. Short were re-elected directors, and Mr. Hugh Burrell was re-elected chairman. WELLINGTON MEAT EXPORT. DETAILS OF NEW SCHEME. In another circular to shareholders the directors of the Wellington Meat Export Company state that the negotiations previously reported, whereby the company would be able to minimise the risk caused by selling its products in the overseas markets, have been concluded. The new arrangement, it was stated, would obviate the speculative element of the business which had proved so disastrous m recent years. "An important part of the arrangements," states the circular, "is that a purchaser has agreed to take over from the shareholders who may wish to avail themselves of the offer their ordinary shares at 10/ a share for the fully-paid £1 shares. This offer holds good until the end of October, and it is expected that payment for the shares will be made toward the end of November. The balance-sheet of the company for the year ended September 30 is expected to be issued during the next fortnight. NEW REGISTRATIONS. Two private companies were registered in Auckland on Saturday. Details are as follows:— Balmoral Pictures, Ltd., theatre proprietors. Capital: £525, in £1 shares. Subscribers: Reginald George Wild, 524 shares; William Henry Mervyn, one share. New Zealand To"bacco Growers' Federation, Ltd., tobacco growers. Capital: £200 £1 shares. Subscribers: Tobacco Producers Trust, Ltd., 33 shares; Pacific lobacco Industries, 34 B hares; Standard n'' t C V', 34 shares; New Zealand lobacco Co., Ltd., 33 shares; Tauranca lobacco and Citrus Co., Ltd , 33" shares .lobacco Growers.. (N.Z.), Ltd!, 33-S^.j

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19301006.2.25.6

Bibliographic details

Auckland Star, Volume LXI, Issue 236, 6 October 1930, Page 4

Word Count
486

COMPANY AFFAIRS. Auckland Star, Volume LXI, Issue 236, 6 October 1930, Page 4

COMPANY AFFAIRS. Auckland Star, Volume LXI, Issue 236, 6 October 1930, Page 4

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