THE Hastings River Fisherman's Co-operative Ltd held its final board meeting on Thursday afternoon.
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The historic business closed its doors on Tuesday.
Co-op chairman, Paul Hyde, said the closure would mean the loss of 12 positions mostly employed in the commercial shop front.
"With the closure now imminent the board meeting will continue to wind-up the business of the day," he said.
"After Tuesday's closure, we will then start taking our fish to the Laurieton Fish Co-op.
"There will be four of us (inside) and two outside fishos who will be taking our catches down there too."
Once the building is vacated, the Department of Primary Industries will resume control and manage the demolition of the co-op building and contribute funds to help the business meet the demolition costs.
Mr Hyde said he was hopeful of having a discussion with the Minister for Primary Industries and Minister for Lands and Water Niall Blair before Tuesday's closure.
"We were hoping that the minister would come up and talk to us and perhaps helps us out a little bit off the back of the closure," Mr Hyde said.
"We will still have to access bait freezes and a regular supply of ice ... but time is dwindling away."
Despite the impending closure, fishos associated with the Co-op are enjoying a good season on mud crabs.
But the loss of mullet fishing areas had been a concern.
The closure of the Hastings River Fisherman's Co-operative Ltd ends a long-standing association with the Port Macquarie and wider Hastings region.
The Port Macquarie News's October 5, 1929 edition carried an article headed: Fishing Packing Shed.
For the past two years or more the local branch of the Fishermen's Association has been agitating and fighting for the erection of a fish packing shed at Port Macquarie for the convenience of licensed fishermen.
It has been the custom for fishermen who did not have their own sheds, to pack their catches the best way possible.
The cases of fish were then placed in Short Street to be picked up by the cars carrying them to Wauchope.
Besides being unsightly, and soiling the ground threat, the cases were a great attraction for flies, particularly during the summer months.
Through the efforts of the local branch of the Fishermen's Association the Fisheries Department has seen the need of the convenience asked for, and is making available the sum of 150 pounds for the construction of the necessary landing and packing shed.
It is hoped to call tenders at an early date for this work, the report said.