Sir Maynard Hedstrom

To Remain as Chairman of MH

Prom Our Own Correspondent SUVA, July 2.

SIR MAYNARD HEDSTROM, principal founder of Morris, Hedstrom, Ltd., retired from the salaried service of the company on June 30. Two years ago he relinquished the post of managing-director and became chairman of directors, continuing to work for the company and drawing salary.

At Sir Maynard’s request, the directors now have relieved him of this regular work, but have asked him to continue to be associated with the company as chairman of directors for an indefinite period.

In a footnote to the directors’ annual report, Mr. Robert Crompton, CBE, KC, points out that Sir Maynard was a foun dation director of the company when it assumed its present form in 1910. He was managing director from 1914 until 1947.

The footnote adds: “Sir Maynard Hedstrom has given a lifetime of hard and devoted work to the company, of which he was the principal founder. The directors, most of whom have been his colleagues for many years, wish to place on record to the shareholders in this way their very high appreciation of Sir

Maynard Hedstrom’s services to the company.”

Sir Maynard was not very well when he returned from South Africa a few months ago; but he recovered quickly in Suva, and was president of the com pany’s 39th annual general meeting on June 30, when he gave his usual inter esting analysis of trading conditions in the South Pacific.

A wartime snapshot of Sir Maynard and Lady Hedstrom.