MALVERN SALEYARDS' COMPANY.

Press, Volume LVII, Issue 10739, 20 August 1900, Page 3

MALVERN SALEYARDS' COMPANY.

Tbe annual meeting of shareholders of the Malvern Saleyards' Company was. held at Sheffield on Thursday. Mr Robertson, chairman of directors, presided. Th* report and balance sheet for the year ending July Slst was submitted to the meeting, and the chairman, in moving their adoption, congratulated the shareholders on the growth of the business transacted at the yards.

The number of shsep passed through the saleyards during the year was 50,295, cattle 97, horses 36, pigs 314, showing a material increase in all classes except cattle.

As the aecommcdtition at the yards during the busy months is quite inadequate, it was resolved to issue another 100 shares at a premium of 5s each, the present shareholders to have tlie first refusaL A plan showing the additions recommended by the retiring directors was laid on the table and a~"Tov_d by the meeting. The profit on tha yards, after paying all expenses, during the year, was £91 4s Id, or a fraction over 30 per cent, on the original capital. Messrs Bull, Craighead, Fraser, Judd, McMillan, Robertson and Travis were elected directors, of whom Mr D.. Craighead was elected chairman.

It was resolved that a dividend of 10 per cent, for the past year be paid to the shareholders.