rrospecras PROSPECTUS OF THE FEILDING CO-OPERATIVE ! STORE COMPANY, Limited. j To be Registered under *' The Companies Act, 1882." Capital. £10,000 in 2,000 Shares of £5 each (wilh power to increase), of 1 which there are 1)10 Shares already 1 j subscribed, leaving 1,090 now offered, i i pay al >ie as follows : — j Deposit on Application, 10s per share; on .Wiotme-i , Ills per share; first call, payable not less than three ni'iirhs !iff<'rallotniont,2-'is per share. ' Further calls will not excee l £1 per i Share per q-iartcr. | Should no a!,otment be made the deposits will be returned in fuil. PROVISIONAL DIBKCTORS : The following gentlemen will act on i the Company's behalf until the appointi j men! of the Permanent Board by the shareholders — HL. Sherwill.J.P. J. H. Fry, J.P. K. Loudon D. K. Lewers Peter Stewart X G. Haybittle J. C. Tiiompson Robert Linton R. Mcßeth C. Bray With power to add to their number. Bankebs : The Bank of Australasia. Solicitors : Prior and Sandilands. Lntebiii Skcuetary : ,K. Loudon. Tkmpokakv Oivices: Cash Drapery Warehouse, .Kimbolton Road. The proposed Company will be formed for tbe purpose of takiusr over the well-known established and going) business coi.cern.s of .Messrs Lewers. i.oudon, I hompson, and Haybittle, General >turekeepers, as now carried on at Feilding, and to continue and ! extend :.h-3same under the provisions J of" Ihe Companies Act, 1882." It is proposed to divide th ■ businesses into three separate Departments — one to consist ot Drapery, Clothinj, and Boots, one of Ironmongery, Hardware, China ami Gl'^ss, and the other of t'l-oceries aud Provisions. Th's arrangement will avoid the necessity of keeping on hand duplicate and triplicate supplies of stock as done at the present time by the proprietors of the several businesses n w proposed to be taken over'lhe stock in trade, working plant, and live stock in connection with tinseveral bu -messes at the time of the formation of the Company will be taken over at a valuation. The premises now in the occupation of Messrs Lou-lon, Lewers and Thompson will be leased by ths Company for a term td' years, aod the sti.ck divided ami kept in separate departments a-i a'love. Messrs Loudon and Haybittle have offered their services as manauers ottwo of the departments aiid the third will be filled by a manager as soon as a competent man cau be obtain d, and in the meantime provision willbe made for the man ttjieinent of this department. With th" proposed capital the Company will be in a position to make ail their pu. chases for C vSH, thereby obtaining tbe trade discount. With the support of a numerous body of shareholders as customeis the directors have every reason to hope that the bu.sine.-s of the Company will far exceed that at present done by the four establishments which it is now proposed to take over. -he Company will also be in a position to import ail their wares and goods direct from the best manufactories in England and elsewhere, therehy saving the import" rs' charges and profits, and other trade expenses lhe purchase and export of produce will also form part of the business of the Company, and it is considered that a large profit will be made irom this source also. 'I he liability is limited to the amount of the shares taken. a pplications Jor shares may be rnnde fit the Company's temporary offices, Kimb ltou road, Feilding, and at the branches of the bankers of tha Company in I'eilding, Palmerston, >audon, Bulls aud Marton, or with Alrß. Loudon, the secretary pro. tern., at Feilding. For Sale GAnt: ANu DoMßollO FOWLS. i?OR SALE— Sittings of eggs of the following pure bred^f owls : Dark lira rnah Li; ht Braniah Black u-panish Langshan White Leghorn liouden For particulars enquire Office of this paper or to W. P. RET KM K YER, Greatford |_| ALCOMBE & QHERWILL Have for sale — Hops (local grow ii ) in pockets Grass, seeds (various) Oats Wire Staples r-heep Din HALCOMBK & SHERWILL. NoticesH. W. HAYBITTLE, 1 PRACTICAL WATiH MAKER AND JEWELLER, The Square, Palmerston North. Orders left at Mr W. G. Haybittle's Heady Money Store, Feilding, wiil be promptly attended to. ~ " _jNu'ncj£. ': ; Vf RS W A RFE (late of Clareville i.fJL House, Feilding) begs to intimate that she has opened "a .Boarding- -.House ih Ashurst, where, TraveUefs; Families, and'Bri'Hal Parties .will find' every accommodation, coinhined with cmiity and attention.
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Bibliographic details
Feilding Star, Volume IV, Issue 53, 6 October 1883, Page 3
Word Count
728Page 3 Advertisements Column 4 Feilding Star, Volume IV, Issue 53, 6 October 1883, Page 3
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