15 Aug 2022

Callan Co-op reports a good year and changes rules

The 112th AGM of Callan Co-op Society Ltd. was held last week in in the

The 112th AGM of Callan Co-op Society Ltd. was held last week in in the

Board Room of Callan Co-op. A large crowd attended. The Auditors Duignan Carthy and O’Neill presented the audited accounts for 2010. They reported a good year of sales in the Milk, Stores and Londis Foodmarket and Forecourt. Margins and expenses were satisfactory. Two Board members retire by rotation Mr. David Holmes, Great Oak, Callan and Mr.Ger Walsh, Highrath, Callan. Both were re-elected.

The new Chief Executive of I.C.O.S. Mr, Tom O’Callaghan was in attendance and addressed the meeting. He said he had a broader vision for the organization and he hoped to develop a new strategy that would improve and further develop Co-operatives into the future.

The Chairman of the Co-op Jim Power along with Co-op Manager Liam Ryan paid tribute to the shareholders, milk suppliers, grain growers and all the customers who support the co-op with their loyal custom , year in year out. It is very much appreciated by all the Management and Staff.

New Rule Book

After the AGM the Society held a Special General Meeting to consider a complete amendment of the Society’s rules. Mr. Seamus O’Donoghue from I.C.O.S. was in attendance. He stated the last complete amendment of the rRules was adapted by the members in 1983 and the view of the committee was that developments in co-operative legislation and in best governance practice for Co-operatives needed to be reflected in the rules of the Callan Society. He explained in detail all the changes and amendments, the most significant change is a proposal in the new rules that only members who are defined as “Actively Trading” with the Society have the right (1)To be nominated for and serve as a Board member; (2)Vote on any future amendments to the Society’s rules and (3)Vote on matters defined as special resolutions. The proposal was put to the floor and carried easily by the necessary two thirds majority.

The new rules were adopted and signed and will be registered with the Friendly Society Dublin.

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