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Northern Advocate, 18 August 1919, Page 1

The number of municipalities in British Columbia which have accept ed the proportional system for the election of their coune T ..3, in accord* ance with the general *ct passed in 1917 by the Pro.yinoial Parliament offering! the new system to any municipality iv the Province which cares to adopt it, is now five. They include Nelson. Proportional Bepresentation (the Hare system) has been incorporated in the revised "Model Charter" of the American National •Municipal League, whir*.;i that organisation is soon to issue*in a -volurre devoted to its "Municipal Program.*'

Reference was made to finance iv the annual report of ti\e directors of the 'Northern Wairoa Dairy Cq, presented tQ the sharehalrturs last week. It was pointed out thai/ it was a mat tev which must be considered when speaking of developing their company. Our district has hardly been scratched yet in regard to dairying. This development must take place if we intend to induce closer settlement. The only way to do this is to follow in the footsteps of che Waikato companies to aim at the redyetipn. of cost of manufacturing and a larger payment-tp. suppliers, To do ihis shareholders mxist helj) with the finance, and it will be necessary to carry out Article 4 of out; Articles Qf •Association which. -.pjbQvulea that each shareholder slVall hold one share for every 3001bs of butter-fat supplied to the company in such year. Your directors have for a number of year* accepted five shares as a minimum. It is proposed to carry ouc the provision in Article 4 and allot flares, accordingly. Tiie directors do not propose to collect/iiny share capital except the allotment fee. All that 5s wanted is to increase our securities by eacU 1 supplier holding the njtm.bev ctf shares according tp the Article. Share holers, will therefore increase the borrowing powers of the company and enable the company to secure the advantage.