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Prospectus PROSPECTUS -OF: ' • I *HE FEILDING CO-OPERATIVE 3 STORE COMPANY, Limited. To be Registered under " The Companies Act, 1882." ;;■ I Capital. £10,000 in 2,000 Shares of £5 I each (with power to ; increase), of I which there are 910 Shares already subscribed, leaving 1,090 now offered, payable as follows :— Deposit on Application, 10s per share ; on Allotment, 10s per share; first call, payable not less than three months after allotment, 20s per share. Further calls will not exceed £1 per I Share per quarter. Should no allotment be made the deposits will be returned iu full. Provisional Directors: The following gentlemen will act on the Company's behalf until the appointment of the Permanent Board by the shareholders — ' • v ' ! HL. Sherwill, J.P. J. H. Fry, J.P. It. London D. It. Lewers' ' Peter Stewart W. G; Haybittle J- C. Thompson Robert Linton' R, Mcßeth , C Bray ; '; j ; With power to add to tlieir ! number. Bankers: " . '; The Bank of Australasia. Solicitors: Prior and Sandilands. Interim Secretary : R. Loudon. , Temporary Offices: Cash Drapery Warehouse, ; Kimbolton -Road. X | The proposed, .Company . , will .be formed for the purpose of: taking over the well-known established and »-oinjr business concerns- df Messrs'- Lewers; I.oudon, 'Thompson,- and Hayhittl.ej .. General Storekeepers, as now carried on at Feilbiing;, and to continue and J extend ehe same under, tbe provisions of "lhe Companies : Act, ;138;2/' ! It is proposed to divide th-'- bii'sinesses in t ci " th r e'e" s'te parat e " Depaft me ii ts— b nej to consist; of Drapery,|iGloihing-, and Door.*, one of Ironmongery, Hardware,' China and GHss, "'and the'' btlier of Groceries and Provisions. 4 This arrangement. will avoid the necessity of keeping- on ; band. duplicate and tripli-j cate supplies ; of stock.as. don.e v at the) present tim'e by the proprietors of the ! several businesses h-w proposed to be' taken over- ' .." ;.;;,".;;;;"■;» ; The stock in trade. slwdrkihg- plant,; and live stock in cdnii e'c tion -with the several businesses, at the time.^of ,-rhe; , formation \of the ,(.;6mpahy .. will ; , be; taken over at a valuation. „ : ,-. : s .< ;; j The premises now in the occupation; of Messrs Loudon, LewersahdThi'iinp-; son will be leased by the ('ompaiiv. for a, term, of year k s, '\ and the.i stock: divided and kept in separate depart--ments as above. Messrs Loudou and; Haybittle- luive offered 'their servicesas managers of two of the departments' aiid the ' third will be filled by a maiia-; ger as soon as ii competent man canj be obtain d, and .. in the meantiinej provision will be made for 'the maii-j agement of this -.(leparMnerit. ', An agreement has been , entered into da ed the Kt day ot October,' 1883, between Mes^is Loudon,< Lewers. 'l hompson and Haybittle" as, vendors, a d the Provisional 'irectorsjj as purchasers for tbe sale :md purehase> ' of the good' will and stocks of. lhe several lsusincsses of. the vendors. Wich the proposed capital the Company will be in a position to make' all their pui chases tor C wSfl, therehy ,' obtaining the trade discount:' With the support of a numerous, b"dv of s-harehc l.iers as customeis the dnector& have every reason to lr-pe that tbo lui-me^s of the Company will far exceed that at present done by the| four establishments which itiis now, proposed to .take over. ' "'<■ \ •he Company will also bein a< position to import all tli eir, wares and ' goods_d»ect from the be^t mai.ufac--turtes iu .England., and A elsewhere, thereby savinjr, the importers' charges ' and proiits. and'Other trade expenses. 'Jhr purchase and export of produce will also fctrm part of the bustn'es3 of the Company, and it is considered 'tbat a large profit will be made from, this source also. The liability is limited to the amount of the shares taken. "- ' • A pplications for shares may be made at tbe Company's temporary ( offices, Kimb -ltou road, Feilding, and at the branches of the bankeis of v the Company in Feilding, Palmerston, fr-andon, Bulls an 1 Marton, or with Mr R. Lou- | doi., the fcrecreta'ry 1 pro. 'tern., at Feildiug. wmm^_^ mm^ m _ m _ mmmmm^ mm NO riOE~TO THE TRAVELLING ' \ .PUBLIC.'- ,' '. S. DAW'S EXPRESS ' ' i> UNS between t'le railway 'station V Feildin-T, ani iny part of the .own lor tbe couve)aiice ot passen. trers and goods. f J q tti ' i >*.• _-i»- -. ' s,' Er cin also supply the inhabitants of ttie town witli either ot ihe undermentioned kfnds of woort/iifany quanticy or deny th — , Rata, matai. and tavCa. ■ r_ AL&Xf F E K ! G U 8 S (k ON, Hi - i , 1 \»' • . - - l «, , Irgnmonosu, &c ( , 1( „ THE' .SQUaUIv, .PAJiMKRSTON. " Foy"d«tailed"advertiseiTien^B see

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/FS18831110.2.2.6

Bibliographic details

Feilding Star, Volume IV, Issue 68, 10 November 1883, Page 1

Word Count
752

Page 1 Advertisements Column 6 Feilding Star, Volume IV, Issue 68, 10 November 1883, Page 1

Page 1 Advertisements Column 6 Feilding Star, Volume IV, Issue 68, 10 November 1883, Page 1

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