Page 1 Advertisements Column 6

Feilding Star, Volume IV, Issue 60, 23 October 1883, Page 1

Prospectus „ , PROSPECTUS OF rnHE FEILDING CO-OPERATIVE I. STORE COMPAiS'Y, Limited. To be Registered under "The Companies Act. 1882 V' Capital, £10,000 in 2,000 Shares of £5 | each (with power to increase), of which tiiere are 910 Shares already subscribed, leaving 1,090 now offered, payable as follows : — Deposit on Application, 10s per share ; j on Allotment, 10s per s»hare; first j call, pa;, able not less than three J months after allotment, 20s per share. Further calls will hot exceed £1 per Share por quarter. 'i Should no allotment be made the deposits will bo returned in full. Pkovisioxal Dtbeotors : The followine; gentlemen will act qn the Company's behalf until the appointment of the Permanent Board by the shareholders — |HL. Sherwill, J.P. J. H. Fry, J.P. 11. Loudon J), li. Lewers Peter Stewart W. G. Haybittle, J. C. Thompson Robert Linton R. Meßeth C. Bray " With power to add to their.number, Bankebs: Tbe Bank of Australasia. Solicitous : Prior and Sandilands. Interim Secretabyi R. Loudon. ' " i Te-ipokart Offices : Casli Drapery Warehouse, Kimbolton Boad. The proposed Conipany will be formed for the purpose of takinir over the well-known established and going business concerns- of Messrs Lewers, J./oudon, Thompson, and Haybittle, Gex-eral Storekeepers, _as now carried on at Feilding, and to continue nnd extend „ he same under the provisions of " The Companies Act, 1882." It is proposed to. divide th" businesses into. three separate Deportments — one to consist oi Drnperv, Clothin»*, hnd Boots, one or Ironmongery, llardware, China and Gl<iss, and the other of Groceries and Provisions. This arrangement will avoid tbe necessity, of keeping on hand duplicate and triplicate supplies of stock as_ done } at the present time by the proprietors ot the several businesses n<»w proposed to be taken' over- « The stock iii trade, working plant, and live stock in connection with tb<' several businesses at the time of rhe formation of the Company, will be taken over at a valuation. , , . The premises now in the occupation of Messrs Luudou; Lewers and Thompson will be leased by the Company for a terni of years, aiid the stock divided and kept. in separate departments &s above., Messrs Loudon and Haybittle have offered their services as managers of two of the departments' and "ihe third' will be filled by a manager as soon as v competent man-can be, obtain d; and in. the meantime provis-ion will be made for the management of this "depurtmpntr w '« An agreement ' has been entered into da"edthe 'lst day ot-' October, 1883, between Messrs Loudon,' Lewers, Thompson,.' and Haybittle as vendors, and tho Provisional directors as purchasers for the sale and purcha-e | of the e*ood will and stocks of the several i.usinesses of the- vendors. | With .the •■ proposed' capital the I Company will be in a position to make I all their pin chases tor C, v SH, thereby obtaining the trade discount. With the support of a numerous body of fehafehciders as customers the directors have every, reason to hope that rthe buyneis of the Company will far exceed that at present • done by the four establishments „wi_i_hi it "is now proposed to take over. '- * f I he t Company will also be in a position to import all their wares and; goods direct from ' the best manufac-: turies in" England 'and elsewhere,' thereby the importers' charges* and profits', and other trade expenses. 1 Ihe purchase and export of produce j will also form part of- the business oft the Company, aod it is considered that a large profit will be made trom this source also. ', . , , \r The liability is limited to the amount of the shares taken. . " Applications for shares may be made. at the : Company's temporary offices, Kimb-iltoii road; Feilding, "and at' the branches of the bankers "of- the Com-' .pany in Feilding,, Palmerston, J»andon, Bulls and Marton, or with Mr fi. Loudon, the fcecretary. pro. tern., at ( „Feilding..,, .Feilding.., - • j -*^ ■-' ■ NOITCK TO THE TRAVELLING j ! PUBLIC. :, - S. DAW'S EXPRESS- ' ! 1 J > TJNS between tie railway station s 'JLi;, Feildin<r, am my -.pari of th« ' jowd for the couve)auce ot passen. gers" and goods. ' . - r . . S, E. c*n also supply the inhabitants of tbe town with .either ef- Jhe ondefnentioned kinds of wood, in any quantity or length— Rata, matai. 'and tawa. ./ ■i - •■ « ' ' * •■ '• 4 LEX. FK KG U S"8 6N, „ -. Irokmowgbr, . &c. . THB SQUaRK; -PALMKRSTON. For detailed advertisements see « lhe Settlers' Friend."