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SOUTHLAND FARMERS’ CO-OPERATIVE ASSOCIATION

SOME FACTS CONCERNING IT

That Mr Gray, chairman of directors, presided at the opening - of the new store at Otautau on Sept. 13th. That the Association was started in Gore five years agoThat the head office was fixed in Invercargill. That extensive premises now occupy part of the Association's freehold in Leet street. That the business, already large, is increasing. That in addition to the present establishment in Gore, another valuable site has been bought there. That a branch is to be opened at Riversdale. That the paid-up capital now; stands at £12,000. That the sum of £20,000 has been placed on deposit with the Association. That the chairman intends to canvass for another 1000 shares, making £SOOO additional capital. That he thinks it is up to the Otautau district to subscribe it. ■ That Mr W, Johnston, of Waikaka, said the Association prevented monopoly at the expense of the farmer. That Mr Smith, of Gore, thinks Southland, with close settlement, should be the most successful cooperative centre in the colony. That Mr Smith added that the Hon. Mr McNab believed the typical New Zealander would come from Southland, 'and he (|Mr Smith) hoped the Southland Farmers’ Association would furnish the best type of cooperation . That Mr Robson said the Association had secured the best site in Otautau. That Mr A. Tapper furnished a lot of reasons why farmers should support the Association —one being - that it would pay them to do it. That Mr Blatch exposed the fallacy that the concern was run, as some people affected to believe, in. the interests of the directors. That Mr Chilton recalled the time when the big Christchurch Association only employed two men and a boy. instead of the small army now helping - to carry on a gigantic business. That Mr Trotter, of Woodlands, gave the manager ami his staff great credit for the success achieved. Thai Mr Carr .was cheered on rising to respond. That he said they now had 1,350 shareholders. That the business was growing out of all proportion to the capital. That the staff had done their level best in the interests of the Associat i on. That shareholders should double their shares and so double their security. That the gathering closed with enthusiastic good wishes for the prosperity of the Association.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/SOCR19070921.2.32

Bibliographic details

SOUTHLAND FARMERS’ CO-OPERATIVE ASSOCIATION, Southern Cross, Volume 15, Issue 22, 21 September 1907

Word Count
387

SOUTHLAND FARMERS’ CO-OPERATIVE ASSOCIATION Southern Cross, Volume 15, Issue 22, 21 September 1907

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