SOUTHLAND FROZEN MEAT COMPANY.
The annual report of the Southland Frozen Meat Company, to be submitted to the annual meeting on February 8, is as follows: — The diiectors have the pleasure of submitting to shareholders the balance sheet for the year ending December 31, 1901, showing a credit balance on the year's operations of £2710 14s Id, to which has been added the balance brought forvird from last year's account £365 2s Id, making the total amount at 'predit of profit and loss account £3075 163 2d. The balance of profit the directors recommend should be appropriated as follows: — To depreciation on buildings and plant J51500, and the balance £1575 16s 2d to be carried forward. The number of carcases frozen and shipped during the year was 31,067 sheep and 77,381 lambs, and there has also been frozen and shipped 46,357 crates of rabbits. The building and plant aie 111 first class order, the manure business is steadily increasing, and altogether the prospects for the coming season are fairly good. The directors having now been relieved from theii guarantees to the bank, Messrs A. Gerrard, R. Cfmp'and, A. R. Hay, and T. Buxton retire at this time, and are eligible for re-election. There are two other vacancies which may als>o be filled.
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Bibliographic details
Otago Witness, Issue 2499, 5 February 1902, Page 19
Word Count
212SOUTHLAND FROZEN MEAT COMPANY. Otago Witness, Issue 2499, 5 February 1902, Page 19
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