Tb 0 Balclutha freezing works,entirely a farmers’ concern, hail n.. rnnst successful season in 1982 and. paid a 7 per cent, dividend after a record year in killing numbers. gome few years ago a proposition. l ira's put bo* foro sliarebolder s that,/ consequence of no dividends being-available* it" was advisable to sell cub tie' works as a going concern to a combine of Southland and Otago freezing . companies. Ihr James Begg, then a director or chairman of directors,' and • now a member of the Meat Board, strongly fidvised this but 'a section of tho Ciutha farmers. voted •it down, - canvassed for additional suar© capital and a guarantee of support from lamb growers with the result-that* the . business has gone ahead ever-since and last season, the-.worst - for • trading since its establishment, •. this .concern financed and controlled by _• farmers has had a record year. . •. . ; Protect yourself . against losses by 6re by insuring with the" 'Norwichi Union Fire Insurance Society,- Ltd:—» W. Uissant Oiaytou. . - .
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Bibliographic details
Gisborne Times, Volume LXXIII, Issue 11827, 7 January 1933, Page 12
Word Count
162Page 12 Advertisements Column 3 Gisborne Times, Volume LXXIII, Issue 11827, 7 January 1933, Page 12
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