FRIENDLY SOCIETIES DISPENSARY.

North Otago Times, Volume CIV, Issue 13754, 13 November 1916, Page 2

FRIENDLY SOCIETIES DISPENSARY.

meeting of, boabd, / A meeting of the United Friendly Societies' Dispensary Board was• held on Tuesday evening. Mr James Gerrie presided over a. large attendance of members.

The election of ofliccrs resulted as follows: President, Mr W. Tuivey; vicepresident, Mr k Coouey; Dispensary Board—Messrs A. Clark, A. Meek, E. Crawslia\y,.A.. Crichton, G. .BoHdcn,>D. McLeod, J. Vernor,.' W. D. Burns, A* Brown, A.'Aitkcn, H. 'Grocott, A. Sail(loin, J. Ocrrie;'dispenser, jlr D. 8. Bain; treasurer, Mr A v Brown; secrttary, Mr.H. Ordcott; auditors, Mess'rS J, Miller aud A. A.-McKiunon. , '

A review.of the annual report.showed that after allowing substantial amounts for depreciation of fittings and reserve accounts tho. net profits for the year were £3OS -is 2d.. Out of this sum the amount of £26 2s was remitted to uieiubers as reduced, levies. The Board-are in a, very financial position, -as'the-st-scts arc more than treble the liabilities, the only , liability being the capital invested by members. It was decided to pay ii 15 per cent, dividend mi capital, being a direct benefit to members. Since the inception of the dispensary the sum of i"3oy had been paid to members in dividends, and £92 of debentures, which assisted materially'' in .commencement of the dispensary had been redeemed.

Several matters of vital importance to friendly society members were discussed in detail.

Considerable discussion liingcd ou the matter of renovations being effected to the premises, and a'special committee was appointed,' witli power to act,

The question of subsidising members and their • wives and families Occupying hospital beds was discussed, and it was reported that reliable information had been obtained on which to proceed, '. A vote of thanks 1 was passed to Mr Gerric for the way lie had controlled the affairs of the Board during the past year,

Accounts amounting to £IIG 6s. lOd were passed for payment,