BUTTERFAT SUPPLY.
SYSTEM OF PAY-OUT. IMPORTANT TEST CASE. (By Telegraph.—Press Association.) PAHIATUA, Friday. An important test case of interest to dairy companies throughout the Dominion was heard in the Magistrate’s Court before Mr J. Miller, Magistrate. Martin Neleander Olsen sued the Mangatainoka Co-operative Dairy Company, Ltd., for £4 10s lOd for butter-fat supplied. Like every other supplier Olsen received monthly .advances. At the start of the season his supply was very low. when prices were high. Plaintiff claimed that the arficles of association provided for the pay-out to he made on the average price for the season, which would have returned him an additional £4 11s lOd for his butter-fat supplied. His objection was to the company’s method of distribution of profits. Decision was reserved after a lengthy hearing.
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Bibliographic details
Waikato Times, Volume 108, Issue 18170, 7 November 1930, Page 8
Word Count
129BUTTERFAT SUPPLY. Waikato Times, Volume 108, Issue 18170, 7 November 1930, Page 8
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