EGMONT BOX COMPANY.

Hawera Star, Volume XLVIII, 7 August 1924, Page 6

EGMONT BOX COMPANY.

DIRECTORS’ REPORT. The eighteenth annual report of the directors of the Egmont Box Company states: The.balance carried forward is £2416 9s sd, after allowing the sum of £9225 Os 5d for depreciation and exhausted hush. The Ohura bush rights mortgage of £5790 was' paid off during the year. There were 345,100 cheesecrates manufactured and sold last season ; this is the largest number ever turned out by the company in one year. Butter-boxes sold numbered 228,968, a decrease of 124,935 compared with 1922-23. To conserve timber and to allow of butter-boxes being sold to shareholders at a lower price, your directors propose to have as many as possible manufactured next season out of fin. timber instead of 4in., as at present. These boxes would require to be wired, when filled. The feasibility of obtaining supplies from Sweden is also being thoroughly investigated, and your directors hope to have something definite to place before you in this connection at the annual meeting. The company has sufficient stocks of white pine timber in view to enable it to fill the requirements of all its shareholders for both boxes and crates this coming season. It is with regret that your directors have to record the untimely death of Mr. J. Wooldridge, who was appointed a member of the board in 1918. Mr. W. C. Green, chairman of the Rahotu Dairy Company, was appointed to fill the vacancy. Messrs Murdoch, Morton, and Brown retire by rotation, and, being eligible, offer themselves for re-election. An election will be held at the annual meeting to fill an extraordinary vacancy on the board caused by the resignation of Mr. T. A. Bridge. You will be asked to appoint an auditor. Mr. H. A. Lennon again offers his services.