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UO3PECTUS oi- the WEST COAST i ■' A RMK KS' CO - 0 PEE ATI YE A?riO : IAT.I.O:\' (Limited) 0 \" : ao:vj-,orn. rtl v diV i'lip provisions • ' of ■•!!.■> Com parries Aft. 1382" j 'fn.i.al — £200.000. i, 4-»000 of £5 1 ' '■l":- 1 !. wl *>' power o iar.ivn e= | : o a li?<T i-ue of '20.000 diarc are ofS'pr.u for nb eruption. : n rcspec' of .•1::o'i U t: only proposed !o ca!l up 25a >rr. line. ya?ab'o a; follows, viz. •. — 5:-: :.;r a.V'.'ca ioii. o cv ailo'menl, and ;hc );i!:liH:c U]) 'o ?5- per . -.are in call; of 5s 1.-;- ? are, ,o u > mad- 1 ji mI'TV.-ils. oi: no^ . i!an i ,';)••'>• moni.ii:;. The balance of ~o'i >"'i" s-ia.ro vvUi remain as a reserve of Linofdijd capital. I: i-> not proposed to ;•■ r;i.>.f'r i he Association un.il at Least 4000 r-hares ars subscribed for. la al-"< io-iiiv! nlihk'h f.^ard will be had >0 j '.rioj'.-ry ot a;- plica, ion. 'IVuijMjrary office: WaSganui. Pegvi ional Dr-KCTu^s : Wan-ianui.— Hon. John Bryoe Messrs T, Higeie, K. E. J ie.eher. H. N. Harri-s-on, AU;xi\ Higgte. VVayeHey — M:- ?-- W. W-.1-on. G. D^atli, Jaincs Aiifcei!. Waller Synie? Dnr.eun Macdondlri, M avion and Bulls.— M. --r John W. Jj.-rshali. J)oui:ld fraer Gr 'olVvey . .0..5. David SeOiV. John AJck' ■ vi^. J-j.. s T. Daii-ymyle. A. Cruick>!ianK VV />.. Keller. Arthur Amon. Jame> fioivarci James O. Lilly, Alfred Kcss. Feilciin^ and Haieonibo. — Major V. Moore, Messrs Albert H. Pinni-,, Uliarlos FitzHorberi. H- L. S'uenvill. L<.wisS. Browne, WaLer Johns! ojjo. W. A. L. Uailey. John Pollock, William Mills, Ow<?n L'leasants. H. Jacobs, J. R- Johnstone, Alex. Bell.. D, G. Eiddiford itober! Lin ton. Palmerston Nori,l>. —Messrs William Coombs, .ifohu CoLter. Eickai-d O- K. Carey, Teter SLewart, G. Kev.ngion Jone?-', A. Eusseli, Edward John Arm* strong. Sandon and Carnarvon. — Me^iv- J A. Bailey, J-iines Bull. Robert B McKea^ -.■. Alex," McDonell, ToaA McKeuzie. B. ft. IVuny, Henry Hammond. DuDean D. licEenzi.^. Bankers : Tue Bank of New Somh Wales Solieuor : Mr T. E, Cash, High street, Marion. Manage? : To be appointed after fir c me<. liug of shareholders. Secretary: (pro lem) Mr Waller Small, Wanganui. Broker: Mr John S; even?, Bulls. EE^O^S I'oT. 1"O11«JATT()N OF TIiE ALSOCIATION. I. — Tho obvioiiv; nctcasity that farmers and all other pvol-ce,---. resident on the "\Ves'L Coasu cf iho !Ni i'di LJanci ofis T ev/ Zealand, si:or.|..l bo able to ;":i-!p<_-se of i'leu* v."ool, f/orea incat, ;;:ai>?.. pvuiiace, fi'i-i". ' fiui-I, r.^tl any c.-i:jcv pir>unci.s at CTe^:]y rtuiji'c-l ; : ?!.s cl' cvitnuibciuTi, and bo able io ;!!iv!iH-G p)l iV.--in ar.ti -..adoii rr<j'u:'OJUt;U.: ;;L e-.-.;L I'/i-v.'. pins atUuJ e^L^ ."— ■i'^-.c r;. -.-■• -.i) :v-..1-,- a.^.rt.'taiv C .:-('>.- ; :'.;;. i .'j A . ■■.'■!. ■■ :."■".•' 'n o- 1 . '•.-•■: court u-i'irs-j :i\j;l ii"l o'll'-'i. ::Ui" I" i i.C'w i'.i':t'li' 00 — !'!ouL!'', by i'"-' 1 -' - "■ili-l'-i' V'J-V; ■'. .-i 'V 0 As~oci!-:in-;: i-i ('.-;>. (-1- .■;*■ 'OBJECTS iJF THE AS-.>OCIATI(.>X. ; i'lie Association id established for the purpose of ciUTViug on the business oi a Co-operative A s.soeiatK-n in all its 1 IvraneheS; includii)^ the direct iinportati.-n '■, aiut eupplv of favm r.nd i;ther station rci qiu&it-O" aaid l^ 1 ? Memovaudum and Ai-iicles oi Association will enable the : AsS'-'eiatio.'ii — j I.— To puvcliase, lease, exchange, hire, ! or otherwise; acquire and construct any lariLi, buildings, warehouses, for the etoraga ol' wool, graia, and pi'oduce of eyc-ry deccnjiti^n, sale yards, railway sidii'Vrs, itiachiiiery, ail necessary plant, stuck in-trade, merchaiidise, and all fiueii uiher real and ptoperty as by the directors for the timo being shall be deciac-d necessary 'or convenient for carrying on the business of the Ag« eoeiation. 2. — To 36x1 Gither by public auction or by private contract, live stock of every description, ali farm and station products auJ requisites, implements, machinery, chattels, and effects of all kinds, upon such terms aad conditions as the directors may from timo to time appoint. ;]".— To afford facilities to the shareholders and constituents of tho Association for, or to undertake for them the shipment of their produce to the various markets of the world, and to appoint agents in Great Britain, the other coj. onies, and foreign countries fqr the furtherance of this object. 4. — To make advances to the members of the Association or any other person or persons upon real and personal securities, as may from timo to time be approved of by the directors, and to receive money on deposit at interest or otherwise. 5, — To Ecll, exchange, improve, manago, lease, mortgage, dispose of, or otherwise deal with ail or any part of the property of the Association. ADVANTAGES of the ASSOCIATION To secure to the farmers, graziers, and producers of tho West Coast, by cooperation, the benefits of interchange, which ha ye hitherto gone to the agents or distributors alone. By adopting the principle of co operation in the formation of the Association, farmers, graziers, flaxmillers, and all other producers, who are shareholders and constituents, may sell their products and buy what farm and station requisites they severally require m the most favourable markets, and at the same time share m the profits of the Association, which, after payment of all expenses, will belong to and be distributed amongst the shareholders. The Association will collect and supply (o shareholders agricultural and other statistics, prompt, disinterested, and re* liable information as io the slate of and advantages offered by the various markets throughout (he world. The Association will seek to ally itself with other kindred institutions, and so by sharing the costs of agency in British and foreign markets, reduce such costs, while increasing correspondingly the advu sit ages to .-.harehnlders. Tho. profi'. a of the Association, after pnymrnt io the shareholders of a divi» dend no! exceeding seven and a half per cetr. per innurn. and after making provision for wri.ing oS so much of the asvcLs of the Association as may be deemed advisable and providing for a rt!--erve fund, will be divided amongst the -.liarehokfer.s. according io the amount of bu-uue?s done by each with iho Association, or according io any other .system of diyison as may from time io time be approved of by a majority of i-h arch old or; at a general meeting of ihe Association. Tin' annual reports of oilier similar A..-.'-:oe ! a'!otjs show the .satisfactory fiiiaucal re ■■ul'.s which may be attained by tuicM fire: 1 prise-, and induces die belief ia ilie minds of ibe promoters that equally t.aiisfuc'ory results may be achieved in this rarfc of the colony, and while offering a safe investment for eapiia! i bat, the West Coast Farmers' Co-opcnUiye Association may become. not only a .-ource o? profit to its shareholders and conr--;ifuunis, but also a great and. peruianeni, benefit to the farmers. graz ers, and product. 1 ? of tbe West Coast generally. 'JOHN STEVENS, , BnoKKn, BoiLs.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/FS18911006.2.24.3

Bibliographic details

Feilding Star, Volume XIII, Issue 42, 6 October 1891, Page 4

Word Count
1,108

Page 4 Advertisements Column 3 Feilding Star, Volume XIII, Issue 42, 6 October 1891, Page 4

Page 4 Advertisements Column 3 Feilding Star, Volume XIII, Issue 42, 6 October 1891, Page 4

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