GREYTOWN.

New Zealand Times, Volume XXXIX, Issue 6694, 30 September 1882, Page 2

GREYTOWN.

(FROM OUR OWN CORRESPONDENT.) September 29.

Last night, at the Institute, a , public meeting was held, pursuant to advertisement, to enable the Directors of the Greytown Butte* and Cheese Company (Limited) to report upon the present position of tbe factory. A few gentlemen from Taratahi and elsewhere were present, but the attendance was not very numerous. Mr Buchanan, M.H.R., occupied the chair, and, after a few preparatory remarks, read tbe minutes of the last meeting, from which it appeared that a freehold site fox building hid been arranged for by the Subcommittee, appointed for that purpose, at ft price of £2OO, and various other matters con* nected with the starting of the Company. The minutes, when put to the meeting, were passed unanimously. The Chairman said he thought the number of shareholders was not at present large enough for the proper and efficient carrying on of the Company. Directors had been appointed, and a building erected and considered satisfactory for all present needs. He then gave the meeting a brief narrative of a visit recently mado to a similar institution in the South Island—the Evendale Butter and Cheese Factory, He then went into the present financial position of the Company, and expressed opinion that 50 to 100 shares more would probably be taken up iu Wellington. He also gave a lengthy description of the progress and success achieved by tbe Evendale Company, quoting ptices realised, mode of shipment, Ac. The Goverment vote of £20,000 for direct steam service to the colony would in bis opinion lead to the service being a fact in twelve months hence. Referring to the small balance o£ cash in hand to start n ith (£7l), Mr Buchuan mentioned the probable cost per month, and that if the factory were supplied with (he milk o£ 300 cows, and if 250 shares are fully paid-up, the Company would be able to carry on. la answer to a question, be said be thought a redaction of about one-half in railway freight upon milk would shortly be made. Mr Coleman Phillips, In addressing the meeting, said the Directory would place the building in working order for £450, They intended to commence making cheese alone, following the example of the Evendale' Factory. He did not think the Company would be able to get tbe milk of 300 cows,, but i£ tbe milk of half that . number was procured be would be content. In short, the Directory would commence with whatever quantity came to band,'if only from a score of cows. It would take some time before the right kind of dairy cows predominated in the neighborhood. He hoped the Greytown farmers would support the movement, and that more shares would be subscribed for, to bring up the number to at least 750, so as to enable the company to start fair and work well. Mr St. George suggested that the district should be canvassed for more shareholders. The Chairman, in a general way, thought the outside public would, as the affair progressed, see it was to their advantage to aid the undertaking by becoming subscribers. Mr Haines considered that the small farmers around must well support the movement, or it would lapse. Mr St. George considered that if the movement was well supported by the general public the scheme must succeed. Mr Cuff followed in the same strain, pointing out tbe inducement that would accrue should, as was confidently antipated, good dividends be realised and payable at stated periods. Mr F. H. Woods, Him. Secretary to the Company, stated that 482 shares were taken up in Greytown and surrounding neighborhood. Mr Coleman Phillips expressed every confidence iu the ■ success of the ..Cojnpany, quoting tbe probable prices to be realised here, and- elsewhere foe cheese. The Chairman then reviewed his connection with the Company. He entered into explanation as to what utensils were wanted and what amount of money would be necessary to fahly slartthe affair. He suggestedthataproper canvass of tbe district should be made find a man appointed to manage the factory. Tho following gentlemen -were then appointed a Committee :—Messrs Cuff, Haigh, Phillips, Buchanan, and St. George, to canvass tba town. Mr C. Phillips then referred to a very frequent objection brought against the system, viz., the difficulty in rearing calves. Tho Chairman said the objection could be met by one cow supporting three calves, or, as suggested by Mr Haines and others, to bring them up-on I hay tea. At the close of this discussion Mr'Haines proposed a vote of thanks to the Chairman, Directors, and H«n. See., Mr F. H. Woods. This was seconded by Me Cuff, and cairied unanimously. The Directors afterwards held a private meeting.