CREAM FROM PUTARURU

Matamata Record, Volume XX, Issue 1855, 2 August 1937, Page 4

CREAM FROM PUTARURU

FOR HINUERA COMPANY New Tirau Factory Discussed In pointed comment the Hon. J. Cotter, M.L.C., described the granting of a license for a new dairy factory at Tirau “ as criminal,” at the annual meeting of the Hinuera Dairy Company on Thursday. Mr.. Cotter said he considered that 24 miles was a reasonable -distance between factories as that gave a radius of 12 miles to each. The new

factory at Tirau was within seven miles of Hirmfera,* "wHeYeTthe plant, etc., was most modem and up to date, Had the new factory been placed at Putaruru it would have given a wonderful impetus to a district of great potentialities. The commission was set up, to eliminate waste, induce efficiency, and prevent factories being erected where they were not essential, yet it had approved the new factory at , Tirau, which, was. too close' to Hinuera. In concluding, - Mr. Cotter urged shareholders not to regard the directors but themselves as being the company. The directors simply acted for them.

Mr. J. Milne (director) stated that as the result of meetings the company had got about 90 per cent, of t)ie supply from the Putaruru district which formerly went to the Waikato Valley company. There would be an estimated increase of about one-tenth of a penny in cartage costs; but this would be more than offset by the reduction in the cost of manufacture. The additional cows secured were as follows: Toko-roa-Lichfield, 800; Putaruru-Waotu, 2400; Horahora, 400; Peria, 1000; total, 4600, or approximately 500 tons of butter. The company had now a great future, and in a few years the output should be 2000 tons. (Applause). Regarding representation for Putaruru, Mr. West stated that it had been agreed that two directors should be appointed. However, it was essential under the articles that the directors should be shareholders. In the circumstances it had been suggested that two Putaruru representatives should attend meetings of the board to secure information. While they could not get remuneration just now they could be allowed expenses. Mr. Cotter endorsed these sentiments. The board of directors, which had not long ago been reduced to five, could now be increased to seven when the shares were taken up, so that the Putaruru district could be represented satisfactorily. • The chairman intimated that Mr. Penwarden (Lichfield) and Mr. Duxfield (Waotu) were present that day representing Putaruru. Both gentlemen returned thanks for the invitation extended to be present.