Page 1 Advertisements Column 3

Gisborne Times, Volume XVIII, Issue 1487, 22 June 1905, Page 1

The new ZEALAND SHIP--"Vvl-r I V.S''. PING COMPANY’S ROYAL mail steamers, FOR LONDON, Via Monte Video, Teneriffe and Plymouth. :Twin-scvc\v steamers. Passengers ara booked at Lowest Rates and forwarded to port of stoamor’s departure free of extra expense. Tickets issued for Passages from Great Britain for £l7 and upwards. For freight or passage, apply to— ETHH JsLZZj SHIPPING COMPANY, LIMITED, Lowe Street,. .Gisborne, OAMDIAH-AUSTRM.!AM LINE EXCURSIONS TO THE FAMOUS CANADIAN SUMMER RESORTS.

BANFF, FIELD,- AND GLACIER IN THE ROCKY. MOUNTAINS. FIRST-CLASS RETURN FARE INCLUDING RAIL AND STEAMER FARES AND HOTEL EXPENSES, £65.. MIOWERA leaves Sydney June 12, leaves Fiji June 20, arrives Vancouver. July 6. MANUKA (Twin Screw) leaves Sydney July 10, leaves Fiji July 16, arrives Vancouver August 3. AORANGI leaves Sydney Aug._ 7, leaves Fiji August 15, arrives Vancouver'August 31. New Zealand passengers can connect at Fiji.

,the finest route To THE OLD WORLD AND THE NEW, ■For all particulars apply— UNION S.S. CO. F Managing Agents^ PROSPECTUS OF. THE GISBORNE FARMERS’ GO-OPERATIVE GOY.

LIMITED. iTlie Memorandum and Articles • of Association were duly registered on the 20th day of February,, 1905. ' , ~ 2. The proposed Directors of the Company who are to hold office until the first Ordinary Meeting of the Company, which shall he held after the Statutory Meeting, if the Statutory Meeting shall confirm such appointment, are : — 1

JOHN CLARK,, Te Arai, ; Sheepfarmer. ' FRANK BRAYTON BARKER, Gisborne, Sheepfarmer. ,WALTER RICHARD BARKER, Gisborne, Sheepfarmer WILLIAM KNOX CHAMBERS, Renon'gaere, Slieepfarmer-Pl-lILIP THORNTON KENWAY, Whatiaupoko, Slieepfarmer. CECIL ALBERT DeLAUTO-UR, Gisborne, Sheopfarmer. CHRISTOPHER JOHN PARKER, Te Aral, Sheepfarmer. WILLIAM TOMBLESON, Patutahi, Sheefifarmer. 3. The Broker. lor the Company is Mr Thomas Coleman, oi Gladstone road, Gisborne, Accountant. 4-: The objects and powers of the Company, are set out in the Memorandum of Association, which forms part of this Prospectus, 5 The Capital of the Company is £IOO,OOO, divided into 50,000 shares of £2 each. Of these 20,000 ar c - Preference Shares, 30,000 are Ordinary Shares,, total 50,000 Shares, , The rights' attaching to the various classes of Shares are fixed by the Memorandum of Association and the Articles of Association. The Preference Shares entitle the holders thereof ; . Subject to the creation and maintenance of a Reserve Fuind and for all the purposes of Article No. 6 hereunder, to a fixed cumulative preferential dividend at the . rate of 8 per centum per annum pa the amount paid up thereon for. the time being. The Ordinary Shares entitle the holders thereof : Subject to the creation and maintenance of a Reserve Fund and for all the purposes of Article No. G hereunder, and subject to the right of holders of Preference Shares* to a fixed non-cumulative preferential dividend at the rate of 6 per centum per annum.

6. 15,101 Preference Shares and 2000 Ordinary Shares arc now offered to the— public for subscription, to be paid as follows : os per Share on application, os per Share on allotment. 10s per Share at three months after allotment, and the remaining 20s per share shall bo payable as 3 the- same may, be called up by, the Directors in accordance With the Articles of Association. Or alternatively the applicant upon allotment may. give a Promissory .Note at sis months With interest added at the rate of 0 Per cent, for the sum. of 5s per Share due upon allotment, and the sum of 10s per Share due three months after, allotment. . ... , A OTP, —The Promoters no not consider it will be necessary or desirable to call up more than 20s per Share, hut they do not guarantee this or assume in any way. to bind •the Directors hereafter to be appointed by the Shareholders. 7. The Company has priva tel y oi fered the Preference Shares to the Shareholders of the' Gisborne Sneepfarmers’'' Frozen Meat Company, Limited, as required by tlie Articles of Association, and‘lß3o Shares liayo been subscribed, and the amount paid on such Shares is 111,250 las. •The List of Subscribers to the date oi the time of this Prospectus can be seen at the office of Mr .lhomas Coleman, in Gladstone road. S, The minimum subscription on which the Directors may proceed ;to allotment is 7500 Shares Unclusite ~i the Shares already subscribed by Shareholders in the Gisborne Sheepfarmers’ Frozen Meat Coinpanj, Limited) i , , 0.- .This Company Tias been formed for the purposes of = ' First, enabl in o, the Farmers of, the Last Coast, byT "co-operation, in carrying on all kinds of Commercial and Mercantile general business, inclusive of public and private sales oi lands and .lite stock and shipping (as agents or otherwise), to obtain for tliemseltes the large profits now reaped by other, persons and companies in tne sa e and distribution of all hinds oi farmin- produce, and (secondly) m the supply to farmers, retail s | beepers anil the general public of all manner- and hind of goods, chattels, and effects, from time to time re.quire*!.- ( ... . iOi The preliminary; expenses jof