ypiST COAST, I ®|ii«MOMA^pi^m^)^^^!;y ..v! ■■•; To^e incorporated tinder the provisions "*ol * The Companies Acl, 1882." ? £ ji-^> *• ?> >, i ji 1 <■ Capital — £200,000, in 40,000 shares of £5 - <~eaeb, with power to increase. FIEST issne bi 20,000 shares are of-^ ferad for subscription, in) respect of •. it is only proposed to call up 25s share, payable n» f ollqjf s, jviz^ ; % on application, 6^ j>n,,allptmeD|;,and the? "" Wlwice up to 25s per share m calls af y ss ' per phare, to be made at intervals of not ~ less than 7 three^ months." The'balance'of 75»'per share 1 will "remain as a reserve of 3 uncalled capital. It is not proposed to v remster the Association until at least 4000* shares r are subscribed for -In al*j ~ lotting share's regard- wilL be had N |to priority ot application n t" ( t , Temporary office . Wanganui. t ' | PBOVISIONAI JJIEECTOE3 • "Wangamn.— Son. Johnßryce, Messrs T« Higsie, B; E. Fletcher!^/ BT. Harh^ son, Alexr. Higgle. 7f ~ »► I f f Wayerley— Messrs', W. r -jWilson, Gr. Death. James Aitken (i Walter > Symes, Duncan Macdonald, Matjton and Bulls. — Messrs John-'W.y Mar hall, Donald .Eraser, 6eofEr£ar c Potis/ David" Scott, 'John* MeE"dv)e'/ John *T, Dairy mple, A Cruiclishanl'^Wi'AvKeiller, Arthur Amon, Jarues Howard t Jamesr O Lilly/Alfred Eo'sV 'I 'OffjA 'JJ Feilamg ''and HalcombeT-^Mujor Moore, Messrs AlberkH.j 1 3?innis,t Charles, FitzHerb,ert, H. L. LejriajS.^ Browne, Walter Johnstone, W. A._,Ti. Bailey, John -Pollock, William-Mills, Ovfen Pleasants, H ' vJacobslJ'Jrlt /John f stone,v -41ex» D, K Xt!G t! ,Eiddiford > , JiobertLinton. ,■* _ -v . , , p'almerslon TSior&i?— Messrs Wnliam Coombs, John Cotter, ? Eic&ar<l O E' Carey, ~ Peter "Stewart, Gr Eevnigton^ Jones, A. 'Bnssell? Edward" Jofin-^-Arm/ strong: - j j r p fis \ *•"*# f * Sandontmd, Carnarvon.—Messra J.»A< Bailey, James Bull, Boberfß- McKenzie, Alex. McDonell, Tom JUcKenzie, B S, Penny, Henry Hammond., Duncan D* McKenzie.^ , t -^ Bankers • The Bank oi New 'Sontb. Wales 1 Solicitor _Mr T E Casfi 1 , High stre'el, *_ Marton. r 7/", * *. Manager c To be appointed aff&r first >■* meetmg^of shareholders. < ! Secretary : (pro tern) Mr Walter Smail, - - l ' 'Wanganui. _^ ' Broker: Mr John,Stevens,rßulls. BEA^ONS"FOR FORMATION OF 0 THE ASSOCIATION. 1. — The obvious necessity that farmers andlall other, producers, resident on the West Coast of the North Island of New Zealand, should be"able to^disppse of their wool, frozen meat, g^ain, produce, flax, fruit,-! and ,any< other, products at greafly reduced rates of commission, and bt^able, to purchase all farm ,and station requirements j&t cost jnce,)plua actual exTfie. successful results achieyecl^by Co Operative ABSociations ; in. other count rfes and in. othec parts'of f New, Zealand — notably,, by ,flic AfßOC^itions in Canterbury. . , OBJECTS IOF TEE 3 \ ASSOCIATION." ->-ThftjAßSociation f is established- for the. purpose of carrying on the business of a Co-Operative Association in - all its branched including the direct importation and supply of farm and other station requisites, and the "Memorandum and Articles of, £BseciationJ"Will enable the Association, — 1. — To.purchase, leas,e, exchange, hue, or othetwisVVicquire' 1 and construct any land, buddings, for the storage of wool, /grain,' and produce of every description, yards, railway sidings, machinery, all , necessary^ plant, etock'in-trade, ** merchandise, ' and all Buctfother real and personal property as by the. directors for the time being shall b© deemed necessary or r convenient for carrjxfig on the business of ~the As« sociation. ,^ 2. — To sell either by public auction or by private contract, live stock of every description, all farm and station products and £ reqaisites, implements, machinery, chattels iU and effects- of r all kinds, upon such terms and conditions as the directors may from time to time appoint. ,■3-— Tor? afford -tfacilities^ to -the shareholders and constituents j>i ths Association for, joe to undertake Jot them the snipmenrof'their produce to the various markets of tho wotld,- and to appoint agents jin./\Gieat Britain, tho other colonie«/aritt foreign countries foi the fuitherance of this object 4. — iTo make advances to fcho membens of the Association 01 any ( other person or persons .upon leal and personal securities, as may •from'' time to tirne ! be approved of by tho directors, and to receive money on deposit at interest or otherwise 5 —To soli, exchange,' improve, -man ago, lease, .mortgage, dispose of^or other -^xiso dear-with 'all or any part 1 of the piopei ty of the Association. ADYANTACrES or Tnif ASSOCIATION To secure to tho f umcus, glaziers, and piodueeis cf the Webt Coast, by co cpci^tion, + ha benefits of A »*ei change, v hioh h-ive hitherto gone to the agents o> i^is'iibu^oi alone V>\ ado] ti ig tho puncipl" of co opciat j,n n tLo fo- i ation of tho A=soci iion fu tjoi-4 'i»fjHi6is, fljMnillera, and all rl'c produces wLo nio shiicholdois "nclcoii-.f tjoi t« zna sell then products 1 nl ii ivtsl at fll v and stition i°fiuisite Ihey-t ernl'j u.t\ uc ir tl r e wos«- favour abV ?nu kut= aud it th" s^n c time share 111 tho ii >Lts of flic A- ociation which aft*i lu'-rtioi t of all eiiea->ps will bo bnjr 10 artH be di tnbuted amongst tho shaieLolnkiIhe- \"«-oc atioi svt'i collect nl supp'j <o slia-eJ o 1 lis a^ncu't 11 ii rl o*l ci sinti Ic* fonpt, di iiileic ted, and rc> If b'c irfornntion is to the ■>( ite o f md fidvanta«c ' offered by ihe vi rkols tli'Oi^hout the woild Ihe A^oinlnn mil seek to ally l's If ~tiuh other kmdird in-.titution^, mh) by «-Ii 11111- the ecs s of J^cnc? in Enti-li and fo-tJ«n ma-kcK, loJnce such COM \\lulc incu--ina; couespondinsly 'he id Tinligcs to -nirch'ldris 'Hie prcfus of Ihc Association iffcr pivment to the sharehold^i-* of a dividend npt exceeding se\en nnd a h ilf 1 c tpnt per «nin ni, md after making pi 0 v siou for writing off so mudi of the assets of ihe Association ts may bo deemed adw able and piovidin.* for 11 re-erre fine 1 , will b« dnidcd iniongsttl c si areholJers, accort'ing to tlie amount of business done by cuh with the As sotiaiion, ol accoidmg for mn ct'iei system of divison as nny fiom ti-ne to trine be approved of by a mijont of chirtlroldn a£ a gcneul meeting of (he Assorril on Hit iiuuu il /qports of oilier similai A=socn ions show_ tlio sati-Tf ctorj hn inc.nl result; ffltltli ,m jj. be alt wind by siilli onicrpriscs tnd induce (Jk bc'nf in thcimmh o? ihe pionolcrs lint cquilh silisfictoiy results nny bi luiicrtfJ'in tins riit of lho colony, and Mbijc offering, 1 «afc investment lor LinilJ tint Hie V>«il Coast Fumtrs Co oponlnc > As&gcnjion f^^ oecome, _ not only 1 source of piofil to its Miarc^ " holdusnnd trostiiiicnl^ but lho I'guat i mi pcrnnrcnt Lent lit to the finneis >i gra/ic «, anl prodticcis of tliC Wcbt I toa^t gfneitilly *~ jOHS t BTtVtV3.
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Bibliographic details
Feilding Star, Volume XIII, Issue 52, 29 October 1891, Page 4
Word Count
1,107Page 4 Advertisements Column 1 Feilding Star, Volume XIII, Issue 52, 29 October 1891, Page 4
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