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THE BAG AND SACK FACTORY.

DRAFT PROSPECTUS ISSUED. ONE FACTORY FOR MANAWATU. At the request of the Mayor of Foxton (Mr M. E. Porreau) a -special meeting of the Foxton Chamber of Commerce was held to receive the draft prospectus of the proposed company in connection with the manufacture of and wool packs from New Zealand fibre and to discuss what steps could be taken to further the project. The meeting was presided over by Mr J. A. Hornblow (President) and also present were Messrs M. E. Perreau, P. Christie, W. E. Bullard, W. Trueman, J. Martin, W. R. McKenzie, J. M. Thomson, 11. Osborne, J. Shorthouse, F. H. Murray, R. N. Speirs, G. F. Smith, J. Howell, G. Alexander, C. M. Hewett and the secretary (Mr R. O. Hornblow). Apologies for absence ■were re ceived from Messrs J. F. Riches and Jno. Ross. The President traced the history of the project and referred to the very active part the Mayor had taken in the proposal right from the commencement and he referred to Mr Perreau s practical sympathy in his generous offer to the promoters of a most suitable site for the location of the factory. The Mayor in presenting a copy of the draft prospectus of the company to the meeting said that recently the promoters had visited Foxton and had conferred with- himself, the Town Clerk and Mr Hornblow on the matter of the erection of a factory in the Manawatu and at that meeting it had been decided that a conference of all chambers of commerce and others interested should be convened with a view to ascertaining what support would be forthcoming in the event of the company proceeding to allotment. The promoters had decided that three factories should be erected: one in the Manawatu, one in' Auckland and one in Southland, but that the first factory should be erected in the Manawatu. Under the circumstances he had convened the meeting that evening as he was most anxious that the factory should be erected in the Manawatu. Their first consideration, _ however,, should be to have a factory in the district. Little time was to bo lost as the promoters were anxious -to proceed with the project. The draft prospectus which he had much pleasure in submitting to the meeting, had been well porpared and fully informative. Mr W. Trueman endorsed the Mayor’s remarks and submitted for inspection a wool pack turned out by the experimental factory in Dunedin. He dealt at length with the financial and working side of the scheme and said that the proposed factory for Manawala would open with 24 looms. Mr Trueman also explained that it was not tne intention of the company to export wool packs but preferably bolts of the material for manufacture overseas into the packs or bags. . A round table discussion ensued at the conclusion of which the following notion was carried:“That this chamber informs the .promoters that it is most enthusiastic over the formation of the company and will do its utmost to assist them to make a success of the venture » A further resolution was earned 1.0 the effect that the secretary communicate with the Palmerston North, Feudire Shannon, ana Levin Chambers with a view tc holding a conference all interested in Palmerston North at a date to be arranged.

necessitates the purchase of a new text ZoK costing 7s 6d, which ■?****?* to a later notice is to be paid for by the teachers. In the past the text books have been provided by the Department. —'The Committee decided to purchase one book and that a letter of protest be forwarded to the Department against increasing the costs at such a time, by changing the syllabus, and causing teachers further expense.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HC19320205.2.28

Bibliographic details

Horowhenua Chronicle, 5 February 1932, Page 3

Word Count
625

THE BAG AND SACK FACTORY. Horowhenua Chronicle, 5 February 1932, Page 3

THE BAG AND SACK FACTORY. Horowhenua Chronicle, 5 February 1932, Page 3

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