Page 1 Advertisements Column 3

Gisborne Times, Volume XVIII, Issue 1492, 28 June 1905, Page 1

THE NEW ZEALAND SHIP- — PING COMPANY'S xaiialw \ii2BSKSaW» _ lilNih ROYAL MAIL STEAMERS, FOR LONDON, Via Monte Video, Tenerifie and Plymouth. :Twin-acrow steamers. Passengers are booked at Lowest Ratos and forwarded to port of steamer's departure free of extra expeuso. Tickets issued for Passages from Great Britain for £l7 and upwards. For freight or passage, apply to— ITHH N,2Jj SKIPPING; COMPANY, LIMITED, Lows Street,. Gisborne, LINE EXCURSIONS TO THE FAMOUS .CANADIAN, SUMMER RESORTS. BANFF, FIELD, AND GLAOIBR IN. THE ROCKY, MOUNTAINS, FIRST-CLASS RETURN FARE IN-" CLUDING RAIL AND STEAMER FARES AND HOTEL ■EXPENSES, £65, MTOWERA 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 Auguet 15, arrives Vancouver‘August 31,, New Zealand passengers can connect at Fiji. .THE FINEST ROUTE To THE OLD WORLD AND THE NEW.

For ail particulars appIy—.UNION S.S., CO., Managing Agents.PROSPECTUS OK THE! GISBORNE FARMERS’ UO-OFERATIVE COY. LIMITED. I.The Memorandum and Articles e 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 be held after the Statutory Meeting, .if the Statutory Meeting shall confirm such appointment, are •

JOHN CLARK* ,Te Aral, Sheepfarmer. „„ FRANK BRAY,TON, BARKER,. v Gisborne, Sheepfarmer.. .WALTER RICHARD BARKER, Gisborne,. Sheepfarmer. -WILLIAM KNOX CHAMBERS, Renongaere, Sheepfarmer. PHILIP THORNTON KEN.WAY, ■ Whatanpoko, Sheepfarmer. CECIL ALBERT DeLAUTOGR, Gisborne, Sheepfarmer. CHRISTOPHER JOHN PARKER, Te Arai,. Sheepfarmer. WILLIAM ’ TOMBLESON, Patuhahi, Sheepfarmer.. ' ■3. The Broker, for the Company is Mr Thomas Coleman, of 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 are Preference Shares, 30,000 are Ordinary Shares, total 50,000 Shares. .The rights - attaching to the various qlasses 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 anil maintenance of a Reserve Fund and for all the -purposes of Article No. 6 hereunder, to a feed cumulative preferential dividend at the rate of 8 per centum per annum on 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. 6 hereunder, and subject to the right of holders of Preference Shares to a fixed n o n-cumul alive Preferential ‘dividend at the rate of 6 per centum per annum. 6. 15,161 Preference Shares and 2000 Ordinary Shares arc now offered to theu.puiblio for subscription, to be paid as follows :

5s per Share on application. 5s pen Share on allotment. 10s per Share at three months after allotment, and the remaining 20s per share shall bo payable as the same may be called uip by the Directors in accordance Witft the Articles of Association, Or alternatively the applicant upon allotment may give a Promissory Note at six months with interest added at the rate of 6 per cent, fori the sunt of .ss-pen Share due upon •allotment, and the sum of 10s per Share due three months after, allotment. . NOTE,—The Promoters do not consider it' will be necessary or desirable to call .up more than 20s per Share, but they do not guarantee this on assume in any way to bind I the Directors hereafter to be appointed by the Shareholders. 7. The Company has privately offered the Preference Shares to the Shareholders of the Gisborne Sheepfarmers’-' Frozen Meat Company, -Limited, as required by the Articles of Association, and 4839 Shares have been subscribed, and the amount paid on suoh Shares is £1,259 15s. The list of Subscribers to the date oi the time of this Prospectus can be seen at. the office of Mr Thomas Coleman, in Gladstone road. 8. The minimum subscription on which the Directors may nroceed ‘to allotment Is 7500 Shares (inclusive „f the Shares already subscribed, by. Shareholders In the Gisborne Sheepfarmers’ Frozen Meat Company, Limited), . , , •, 9. This Company has been formed for the purposes of : ' -First, enabling "the Farmers .of the East Coast, by co-oneration, 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 pro? s now reaped by other persons and companies in the sale and distribution of all kinds of farming produce, and (secondly) in the supply to farmers.: retail storekeepers and the general public of all manner and kind of goods, chattels, and . effects- from time to time' required. . '. ■ . 10,- The preliminary, expenses jpf