History of the United Co-operative Baking Society Ltd. : $b A fifty years' record 1869–1919Reid, William
History
History of the United Co-operative Baking Society Ltd. : $b A fifty years' record 1869–1919
Reid, William
United Co-operative Baking Society, Ltd., Glasgow
The members of the committee had been somewhat chary about investing any
money in the Oakmill Society, although it was finally decreed by the
quarterly general meeting of the Society that this should be done. For
some time there had been reports that all was not well with this
society, and more than once questions had been asked in the Baking
Society’s general meetings on the subject. At length matters were coming
to a crisis, however, and a circular was issued to the societies by the
S.C.W.S. in which that society wished to be informed how much they were
prepared to give to Oakmill Society on loan. The Baking Society’s
committee replied that they could do nothing until they had consulted
the general meeting of members. The circular had been issued in June,
and in August the committee decided to withdraw the amount of interest
on their loan to Oakmill Society which had been allowed to accumulate,
and now amounted to £47. At this meeting it was also decided that the
question of a further loan be not brought before the quarterly meeting.
Shortly afterwards the society went into liquidation, and when the final
settlement was made the Baking Society found that they had lost £122,
11s. 8d. This sum was liquidated by being paid from the reserve fund.
In 1882 a disaster befell Barrhead Society, their bakery being burned
down, and during the time it was being rebuilt they got their bread from
the U.C.B.S. This meant an immediate increase of twenty sacks per week
in the turnover, which was of importance at the time; but what was of
still more importance, it served to lessen the breach which had opened
between the Federation and the society and paved the way for the return
of the society to the fold at a later date.
During the earlier years of the Society’s history the mention of letters
in “red ink,” sent as reminders to societies that their indebtedness to
the Federation was exceeding reasonable limits, was frequent in the
minutes, but in these later years such “red ink” circulars do not seem
to have been sent. At anyrate, mention of them no longer appears. This
did not mean, unfortunately, that all the societies were now
sufficiently alive to the need of paying their debts promptly and that
they had the cash at hand wherewith to pay them. The position of some of
the societies was still a matter of grave concern to the Baking
Society’s committee, and in one or two cases societies went into
liquidation. One such society was Allander, which had only joined the
Federation in 1881, and which went into liquidation towards the end of
1883. From this society they got one shilling in the pound. Another case
was that of Petershill Society, which went into liquidation early in the
same year and which had paid its debt to the Baking Society in full.
Public-domain text, read in full here on John Shaqi.
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