RONGOTEA DAIRY COMPANY

Manawatu Standard, Volume XLIII, Issue 490, 31 August 1922, Page 5

RONGOTEA DAIRY COMPANY

ANNUAL MEETING. At tho 28th annual general meeting of ihe Rongotea Co-operative Dairy Company, Limited, held in the Coronation Hall, Rongotea, yesterday, there was a record attendance of 6C supplying shareholders, presided over by Mr J. Will, chairman of directors. The chairman, in his remarks, stressed tho difficulties met with during tho past season as regards marketing of produce, and said he thought that all things considered tho company Had done very well, and suppliers would be somewhat compensated for tho fall in price by the exceptionally good season for dairying. Notwithstanding the large increase in output from tho factory, tho high standard of quality had been maintained as all produce had been passed first grade. This reflected great credit on the manager and staff of the factory, and pro.od that with proper supervision and treatment a good article could be turned out from home zeparated cream. The further increase in supply had necessitated tho installation of another vat at the factory, and the purchase of a motor-lorry to act as feeder to tho three electric motors, which had been taxed to their utmost capacity. Fortunately the recent issue of shares had been most successful, as tho subscribed capital had boon more than doubled, and there would therefore bo no difficulty regarding finance for the additional plant. During the year a satisfactory arrangement had been made with Mr Croucher, who was taking tho buttermilk, to undertake the responsibility for disposing of churn washings and drainage, which had always been a source of trouble to the factory. The chairman then moved the adoption of the report and accounts. In seconding tho motion, Mr IT, H. Hunt complimented the directors on their work during the past season, particularly as to the new issue of shares, which had greatly strengthened the position of tho company, and he considered the secretary deserved credit for having tho balancesheet out soon after the dose of the financial year. The report and accounts were unanimously adopted. Tho election of directors resulted in Messrs J. H. CTaasen, W. C. Gloyn and E. Vallender being returned, while Mr P. L. Sim was re-elected auditor. The announcement by tho chairman that cheques for final payment and dividend for last season would he ready by Saturday was met with generous applause. Tlu meeting concluded with a vote of thanks to the directors and staff. At a subsequent mooting of directors Mr J. Will was elected chairman for the ensuing year.