EGMONT BOX COMPANY.

Stratford Evening Post, Volume XXIX, Issue 146, 12 August 1911, Page 5

EGMONT BOX COMPANY.

The annual meeting of the above Company' was hold at Eltham on Tuesday. The report showed that after allowing £1306 Gs Gd for depreciation on buildings and plant, there remained £IG3I 14s Id for distribution. The directors recommended; a dividend of 6 per cent, on paid-up capital. The tramway at Ohutu h/fi been pushed on, and the Railway Department had laid down a siding at the Company’s railway terminus. A considerable quantity' of milling bush had been acquired daring the year. The Chairman, in moving the adoption of the report, said the company was now in a good way, the timber rights Fere going to pay handsomely, and tiio prilling timber business was rapidly increasing. The report was adopted. A discussion took place as to the salary to Ire paid to the chairman of directors, £1(10 per annum was proposed, then £2OO. Mr. Forsyth, in seconding this latter sum, said Mr. Marx (chairman) had been away from home 67 day's during the year. Mr. Morton suggested that they' fix the chairman’s regular salary * and make special votes for special services. This suggestion was adopted, and the salary fixed at £75. An addition for the past year of £125 was proposed, but an amendment reduced the sum to £75, which was carried.

Tho number of boxes and cheese crates manufactured during the year was 238,234 and 129,785 respectively, while the total number manufactured since the formation of the company was 1,187,413 butter boxes' and 610,221 cheese crates.