DAIRYING INDUSTRY.

New Zealand Herald, Volume LXVI, Issue 20365, 20 September 1929, Page 11

DAIRYING INDUSTRY.

THE OPOTIKI ASSOCIATION, ANOTHER' SUCCESSFUL YEAR* LIVELY TIME AT MEETING. [BS rELEGEAPB.-"— COREESPOjrDEXT. ] OPOTDn, Thursday. Tie annual meeting of the OpotHri Dairy Association was held to-day, Mr. W. J. Connor, chairman of directors, presiding over a large attendance of starsholders. From the outset the meeting, was lively. However, it was apparent that the majority -of shareholders supported the directors. After the .minni.es of the iast annual meeting had been read Mr. A- Martin •objected to his name appearing in the minutes-as objecting to a joint and several guarantee and asked that his protest be recorded. The minutes were then confirmed.

In moving the adoption cf the report and balance-sheet, already published, the chairman congratulated shareholders on a successful season's operations regarding both output and pay-out. He considered the company must continue to go ahead as the . hards are improving all the tone and should continue to* do ao as herd testing .was an the' increase. Be quoted figure*' showing the growth of tie movement. This season there -w2l be tbree groups, with 72 herds and 4000 cows. The chairman said the directors did not yet see their way to insi-al electric-power at the factory.

Mr. Martin asked what- Sad bean the average grade of butter. and on being told 32.76 ho said the grade Sad gone back- ."•/

The chairman replied''that the company had always received good reports of its butter from all markets supplied' -and dsdared that the increase of ' demand on th» Auckland market, showed that the butter was appreciated- by consumers. < "Mr. £. McMillan wanted to- know how many boxes of- butter! were returned from Auckland. "vvv-.'

The reply was-«he charming, which trad too smcb Tnoistnre. ? '■■■> IMr. mmmpTrbtrl an the action of the directors- in publishing in the press that 6 per cent, di vidend- on shares wonid be paid- He said they had no antborifcy to say so until tie meeting had approved the report | Mr- J. Parkinson ■wished to know what : amount of profit the directors aimed to make from the store account. Ha was told there was no feed figure. At this stace the chairman asked shamholders to reirarn from asking irrelevant j questions and thus wasting the time of | the meeting. ! Efspijing to Me. Martin, the chairman ■ \ stated "the directors had paid £450 for a I car, as they considered it better business i than buying a -cheap car. I The motion that the report and balancesheet be adopted was earned nnanimoa&iy. The election of two directors resnlted • in the return of Messrs. W. J. Connor and W. N. Bowe. Both web retiring directors. Messrs. H. H. Paaracsn and W. 3.: Hamill were re-elected., auditors. . v When psjeral" business was called on Mr. Mama proposed that it be a reeomj meadalioa to i»he director® that the j manager-secretary be relieved of the dnties 1 i of secretary, and "that hedewate hia whole j time to the Sfc. Jfiogs* considered ths manager-secistai? Itad.fcOß t many ihities '-"to? perforat . j Speaking against the motion, the rhmrj man stated Mr. Sinclair had Is eld the dan! ( J. position, for the past. 13 years and that ' j he had been an undoubted success and ! had kept the factory up-to-date in every respect. - : The motion was ; defeated. This was the first, meeting itsr I& years feit ■had not been presided. over by Mr. EL B, Hope and many regrets were expressed at his absence.