DAIRY FACTORIES

Otago Daily Times, Issue 23203, 29 May 1937, Page 18

DAIRY FACTORIES

PURCHASE OF COMPANIESPOSITION OF SUPPLIERS •" ■■:-" :■:■■'■■ \ '■'. " : " rr ~* i " ; . ;' :'^ : '' ; ''J' * (Pta Uioted Pmss Association) .HAMILTON, May 28. A Statement, regarding the* Waikato .Valley Dairy was made by Sir Francis Frazerj deputy chairman of the-Executive Commission of Agriculture. He i said that > the Hauraki Plains Company had-intimated that it was prepared to'fall in the majority, and it had agreed that of the, cb-ooerative companies represented should have th« right, subject to a-scheme of 'rationalisation of the collection areas, to participate- in' the purchase of the undertakings' of the two proprietary companies' above named, the basis of contribution being in ratio to the volume, of. butter-fat received by each participating company;,, On the motion of Mr R. H. M'Kenzie (New Zealand Co-operative), seconded by Mr J. Cotter (Hinuera), it .was resolved that the companies support the principle of the supplier having a choice of one or other of the nearest two factories; two factories within a distance of seven miles to be regarded as one unit. ■ \' It was further agreed" that the provisions of the dairy factory supply regulations, ,193(5, under which a supplier is required : to supply cream for three years, to the purchasing company, 'should.be waived and that former suppliers to the proprietary companies should be' entitled, subject /to rationalisation of boundaries to be fixed, to transfer their supplies to another company between June 1 and July 31 in any year.