COAL AND TIMBER SHARES.
DAIRY COMPANY'S ISSUE. ADJUSTMENTS /.NECESSARY. [by TELBQBAPH. —OWN connESPONniBW!'-! HAMILTON, Thuioday. Explaining : //'position of suppliers In regard to payments on coal and timber shares in the New Zealand/ Co-op. Dairy j Company;; Limited, - Mr. A. '-^/j ;'''■; Sinclair,•' assistant-manager, : told / the >; Manawa.ru I suppliers at a meeting on/ Tuesday, that j the three calls of {d per lb. {would bring the share payments up to about 12s 6d per ' fiharft. /e The probability; /was/x that this/ amount would be declared the paid-up ,:prioo;/ ''-/' ' ' :: '/v : '/ "-' " : ; '.' . ' ' I l'iie reason for this '/"that'..-the; shares were originally allotted at one • per 200lb.'> of butter-fat supplied. Some suppliers had. since the - allotment, ;' increased ; their .;| supply considerably, /, and had been | charged per lb. over ; the increased " sup. • ply, i./ Without r- having been allotted additonal shares. / It,was obvious, therefore, /that certain suppliers / had 'paid: ; ; up far: more than others, and with these, there would have: to mmi adjustment. ,■ The directors ww©/" considering /what fonn this adjustment would, take. ; ■
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZH19230803.2.176
Bibliographic details
New Zealand Herald, Volume LX, Issue 18468, 3 August 1923, Page 13
Word Count
165COAL AND TIMBER SHARES. New Zealand Herald, Volume LX, Issue 18468, 3 August 1923, Page 13
Using This Item
NZME is the copyright owner for the New Zealand Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence . This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries and NZME.