SHEEPFARMERS' COMPANY.

Poverty Bay Herald, Volume XXXVIII, Issue 12584, 14 October 1911, Page 4

SHEEPFARMERS' COMPANY.

The annual repbrib of the' Gisbopna Slieepf armors' Fropeii M^a|, : Campaaiy, to be presented to tlie meeting of shareholders on NovemW 25j - sfates :^'Th'e ; " stock treated for the year were :— Sheep' ' 147,211; lambs, 56,496,; < cattle, 4SW;' calves .1. . ". „x '.',., ."»..>, "Concessions have been 'allowed 'off normal charges to clients upon the yearf's working to the value of £oA!7\ .6s 3d, "Two years ago £10, OOp". wai| set i&ide for equalisation of dist^butibii of profits m subsequent years, j lit i.is prop^se^ to take : £2500 from, tfi js fund this 4 year; ' "The aggregate ktniVtlieiv-ajailahlb 1 for , appropriation will be £7379 4k 10d, ap- . plied as follows :—'■'■ '"■'•.*■■.-' " £ .§. d. ,. Dividend on ordinary shares at. 5 per . cent. ;.:. ... ... ...? HTSV I,*o -1 Dividend* on bonus shares at i s. per ' V„ v cent. on. amount df bonus paid :up „ 810 13; 0 - Bonus at l_d to shareholders supply- . ' . " ing produce to the , : works r ;'.'J 820 19 -.0 Bonus at Id to shareholders pn stock sold to . buyer : ....;. ; ..... 20J512 9 Bonus at Id to buyers supplying . .-., ! stock to the works 1 ... ... > ' 275," 4 5 '.' Bonus to shareholders on Wool at Id • ": iK per adult -Bheep' ... , M . . v. K9043 t Depreciation lnaotrinery and plant's 2404 '9 0 Leasehold sinking fund, Harbor ..:>....:.> '-■'■ '< Board 'lease ... „\v '... 700*' 0' 0. ri Leasehold sinking fund, sundry.. ■*■-'■:': " ■ leases ... ... ... ... 300'; o 0 Preliminary expenses, M.F. Burke 1 . ' ; and Co. "... ... ... ... " 50 8 - s'*5 '* Balance 'carried fprward ..;-. . .... ... • §6-. 5 2 Total ... ... ... .i: £7378 ) \ft> "The directors to : retirp ai-19 MesSirs'' Chas. Gray, F. Hall, 'and O. J„ "pa? Jser. who all offer tlieinselVes for l^-pledtjoiv.' ; Any shareholder whb desires to be^noink mated as a ' director (other '' than ,'■ ' tlie directors as above, who retire'- by Vpta 1 : tion) or to nominate any otlier -shareholder, must send m the nomination paper 'to the General Manager' at Gi«- ; uorne, on or before the' lfMv_%!-of November, 1911, -'otherwise such noilihuVtion cannot be accepted: at the anrtUtll > meeting. The auditors, Mr T. A Cowman and Messrs Watkihs, Hull .ami-' \Vheeler, retire, and ■<• are eligible Tor (0 - electipn.-^C. A. DeLautour, Chuiimau'cf Directors, J6hn Clark, Director "