TAIHAPE

Wanganui Chronicle, Volume 80, Issue 168, 19 July 1938, Page 10

TAIHAPE

BOROUGH AFFAIRS At Friday's meeting of the Taihape Borough Council, the town clerk reported that three borough sections had been sold to the Government for £lO5 for the lot. The sections were required as sites for State houses. I Crs. Loader and McLaren were authorised to sign the memorandum transferring the sections to the Government.. The Mayor announced that the executive of the Municipal Association was making every endeavour to induce the Government to pay full rates on State houses. Children's Playground The council received a letter on Friday from the Wellington Provincial Centennial Committee, stating that every town and village should have its own centennial celebration ana "local memorial.’’ By “local memorial,” the committee meant something in the nature of a park or children’s playground, etc. A subsidy ot £1 for £3 would be granted. The May./ suggested that the council should taxe advantage of the offer to provide conveniences and improvements to the children’s playground in the Papakai Road Reserve, but before this could be done, the consent of the Crown Lands Department would have to be obtained so that the land in question could be set aside for the purpose indicated. The sum of £3OO had been placed on the estimates for improvements to the playground and this would carry I a subsidy of £1 for £3. The meeting approved of the suggestion and it was decided to write to the Crown Lands Department for their consent to the proposal. SLDDEN DEATH MAORI EXPIRES TRAGEDY AT FOOTBALL GATHERING i While attending a social function : tendered the visiting Tokaanu footballers, at Moawhango, on Saturday I night, a native, Takuira Keepa, ot I Tokaanu, aged about 48 years, sud- | denly expired at about 1.30 o’clock I on Sunday morning. I An inquest was opened before the district, coroner (Mr. E. Loader), at i Taihape yesterday, when Dr. Hay i gave evidence Io the effect that death I was due to heart failure. “LOT OF HOI AHl’’ j AMALGAMATION PROPOSAL I DISCUSSION AT TAIHAPE DAIRY COMPANY MEETING j “A lot of hot air,” is how Mr. G. • R. Terry, of Ohotu, described the pro- ! posal that the Taihape Dairy Comf pany should amalgamate with some 1 other company. The suggestion rc- ) garding amalgamation was raised at ’ the annual meeting by Mr. P. j. I Murphy, who pointed out that the I company had lost 53 suppliers during .the past year, and if this continued j he thought that the company would | have to consider the matter of amalgamating with some other company. ( The chairman (Mr. D. Stent) re- | plied that the matter had been dls- | cussed with the Commission of Agrij culture, and Sir Francis Fraser did | not advise amalgamation, because the ; financial position of the Taihape i Company was very good indeed. The I matter was one for the shareholders . themselves to decide. If amalgamaI lion did take place, said Mr. Stent, a I large number of suppliers would • have to “close down,” as they were jin isolated localities, and could not I get their cream to the factory, as i they would be too far away for the lorries to call. Amalgamation would also mean closing the company’s factory at Utiku. The factory was a monument to shareholders, and they should hang on to it so long as it p’aid its way. ’ : Assets of Taihape Company i No company was strong enough to buy the assets of the Taihape Dairy Company and pay 20s in the £. No i company would entertain the idea i of buying. j We don’t want a monument like J the one at Winiata (the remains nt j the freezing works) which is a cryi >ng disgrace to farmers in the district, I A Voice: The biggest shareholders ! le'. the freezing works down. j Mr. Stent: Well the biggest shareI holder in the Taihape Dairy Company > won’t let it down because I’m tne biggest shareholder. Amalgamation I would suit me personally, as I would I then receive £4OO for my shares in this company, and would be able to go for a trip to the islands. (Laughter). The speaker said that the Taihape Company was the soundest but one from a financial point of view, in an area surveyed by the Commission of Agriculture. "If you talk about amalgamation to the shareholders they will shoot you,” concluded Mr. Stent. i Mr. G. R. Terry: This discussion Is premature and nothing but a lot of “hot air.” We cannot consider closing down the factory. The discussion then lapsed, Chairman’s Address In reviewing the activities of the company during the past year the chairman stated at the annual meet-