Page 1 Advertisements Column 3

Gisborne Times, Volume XVIII, Issue 1493, 29 June 1905, Page 1

THE NEW ZEALAND SHIPPING COMPANY'S — i i jin m- -u.il* ROYAL MAIL STEAMERS, FOR LONDON, Via Monte Video, Tenorifle and Plymouth. :Twiu-scrc\v stonmera. Passengers are booked at Lowest Rates and forwarded to port of steamer’s departure free of extra expense. Tiokets issued for Passages from Great Britain for £l7 and upwards. For freight or passage, apply to— CTHB N,58 3 SHIPPING COMPiKNY* LIMITED, tows Street,. .Gisborne. ' CANADIAK-AUSTRAUAH 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, MIOWER'A 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' Augiunt 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., ' Managing Agents,

PROSPECTUS OF THEj GISBORNE FARMERS’ UQ-OPERATSVE COY. LIMITED.

i,The 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 be held after the Statutory Meeting, if the Statutory Meeting shall confirm such appointment, are JOHN CLARK* Te Aral, Sheepfarmer. FRANK BRAYTON BARKER, Gishorne, Sheepfarmer.. 1 .WALTER RICHARD BARKER, Gisborne, Sheepfarmer. WILLIAM KNOX CHAMBERS, Renomgaere, Sheepfarmer. PHILIP THORNTON KENWAY,, Whataupoho, Sheepfarmer. CECIL ALBERT DeLAUTOUR, . Gisborne, Sheepfarmer. CHRISTOPHER JOHJN PARKER, Te Aral, Sheepfarmer. WILLIAM TOMBLESON, Patutahi, 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, Share®, total 50,000 Shares. The rights attaching to the various Masses of Shares are fixed by the Memorandum of Association and the Articles of Association. .. r [ The Preference Shares entitle the holders thereof s—- ' Su/bject to the creation and maintenance of a Reserve F.ujnd and for all the purposes of Article No. 6 hereunder, to a fixed cumulative preferential dividend at the rate ol 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 creation and maim tenance 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 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,wblio’ 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, and the remaining 20s per share shall be payable as the same may be called up by the Directors iu accordance witn the Articles of Association. Or alternatively the applicant Upon allotment may give a Promissory

Note at sfti months with, interest added at the rate of 6 her cent, for the sum of 5s pen Share due upon allotment, and the sum of 10s per Share due three months after, allotment. .NOTE,, —The Promoters 'do not considers it swill bo 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 he appointed by the Shareholders. 7. The Company has privately offered the Preference Shares to the

Shareholders of the Gisborne Sheepfarmers’l' Frozen .Meat Company, Limited, as required by the Articles of Association, and <1839 Shares have been subscribed, and the amount paid on such Shares is £1,359 15s. ‘The list of Subscribers to the date of tho time of this Prospectus can be seen at the oilice of Mr Thomas Coleman, in Gladstone road. 8. The minimum subscription on which the Directors may Drocced ‘to allotment is 7500 Shares (inclusive A the Shares already subscribed by Shareholders in the Gisborne Slieepfarmers’ 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 profits 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. ■ ■lO. ,Tlia preliminary, expenses of