WAVERLEY DAIRY COMPANY.
The meeting of the shareholders of the above company was held on Thursday, when there was a capital muster of shareholders. Mr I. Lnpton, chairman of Directors, occupied the chair, Mr Muir, auditor, road the report and balance sheet, and on the motion receiving it considerable discussion took place. The result of the discussion was a motion by Cipt Johnstone, seconded by Mr J. Howie, “ That the milk suppliers repay the deficiency by three payments, extending over nine months, "by pro raid deductions from the money receivable for milk.”
Mr Hope-Johnston moved an amendment making iht, repayments extend only ov<r three months; first payment to be made on the 20th October. The amendment was carried.
It was then resolved, on tho motion of Mr Brade”, seconded by Mr Hearn, “ That the purchase price of milk for the coming season bo 2£d per gallon of 1 libs, 3‘o test.”
It was also decided to open the Momohaki creamery on Monday, September 23rd, an i tho Kphi creamery on Tuesday, Ist October; and that both creameries and factory should be closed down for the winter from the 31st May. The retiring directors, Messrs Howie, Nicholson and Thurston, were reflected for the current year, and a vote of thanks to the chair closed the proceedings.
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Bibliographic details
Patea Mail, Volume VIII, Issue 114, 23 September 1895, Page 2
Word Count
215WAVERLEY DAIRY COMPANY. Patea Mail, Volume VIII, Issue 114, 23 September 1895, Page 2
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