Page 1 Advertisements Column 3

Gisborne Times, Volume XVIII, Issue 1491, 27 June 1905, Page 1

THE NEW ZEALAND SHIPPING COMPANY'S ROYAL MAIL STEAMERS, FOB LONDON, Via Monte Video, Tenoriffe and Plymouth. :Twin-screw steamers. Passengers are booked at Lowest Bates and forwarded to port of steamer's departure free of extra expense. Tickets issued for Passages from Great Britain for £l7 and upwards. For freight or passage, apply to— CTHS N.Zr SHIPPING COMPANY, LIMITED, L'owo Street,. .Gisborne.

MADIAN-AUSTRALBAM 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, L6L MIOWERA leaves Sydney June 12, leaves Fiji June 20, arrives Vancouver. July; 6. MANUKA' (Twin Screw) leaves Sydney July 10, leaves Fiji July IS, 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 appIy—.UNION S.S. CO., Managing Agents, PROSPECTUS OF: THE! GISBORNE FARMERS’ UO-OPERATiVE COY. limited*

XThe Memorandum and Articles o 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 BRAY.TON BARKER, Gisborne, Sheepfarmer., .WALTER RICHARD BARKER, Gisborne, Sheepfarmer. WILLIAM KNOX CHAMBERS, Repongaere, Sheepfarmer. PHILIP THORNTON KENWAY,. WhataUiPoko, Sheepfarmer. CECIL ALBERT, DeLAUTOUR, Gisborne, Sheepfarmer. CHRISTOPHER JOHN PARKER> Te Arai, Sheepfarmer. WILLIAM TOMBLESON, Patuiahi, Sheeafarmer. 3. Tbe Broker for the Comnany is Mr Thomas Coleman, of Gladstone road, Gisborne, Accountant. ‘ ,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 are Preference Shares, 30,000 are Ordinary Shares, total 50,000 Shares. j .The rights - attaching to the various cilasses 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 maini tenanco of a Reserve Fund and for all the purposes of Article ■No. 0 hereunder, to a fixed cumulative preferential dividend at the rate of 8 per centum per annum, on the amount paid jip thereon for the time being. The Ordinary Shares entitle the holders thereof : Subject to the croation and maintenance of a Resenve Fund and for all the purposes of Article ■No. 6 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. 15,161 Preference Shares and 2000 Ordinary Shares are now offered to the_.P ; ublic for subscription, to be paid as follows :

5s per Share on application 5s per Share on allotment. 10s per Share at three months after allotment, anid the remaining 20s per share shall be payable as the same may, be called up by the Directors in accordance witn the Articles of Association. Or alternatively the applicant upon allotment may give a Promissory Note at six months with interest added at the rato of 6 per cent, lor the sum of 5s per Share due upon allotment, and the sum of 10s per Share due three months after^ allotment. , NOTE„ —The Promoters do not consider i.t will be necessary or desirable to call up more than 20s per Share, but they do not guarantee this or assume in any way. to bind the Directors hereafter to ho appointed by the Shareholders. 7. Tho Company has privately offered the Preference Shares to the Shareholders of the Gisborne Sheepfarmers" Frozen Meat Company, ‘Limited, as rociuired by the Articles of Association, and 183!) Shares have been subscribed, and the amount I>aid on such Shares Is 111,259 15s. The list of Subscribers to the date of the time of this Prospectus can be seen at the ollice of Mr iho mas Coleman, in Gladstone road. 8. The minimum subscription on which the Directors may proceed ‘to allotment is 7500 Shares (inclusive „f the Shares already subscribed by Shareholders in the Gisborne Sheepfarmers’ Frozen Meat Company, Limited). !). This Company has been formed for the purposes of : First, enabling the Farmers of the East Coast, by co-operation, in carrying on all kinds of Commercial and Mercantile general business, inclusive of public and private sales of lands and live stock and shipping (as agents or otherwise), to obtain for themselves the large profits now reaped by other persons” an'd companies in the. _ sale and distribution of all kinds of farmin- produce, and (secondly.) in ; the supply to farmers. retail storekeepers and the general public of all manner anil klncL of goods, chattels, and effects from time to time required. 10, 'The preliminary, expenses .Of