Page 1 Advertisements Column 3

Gisborne Times, Volume XVIII, Issue 1494, 30 June 1905, Page 1

THE new ZEALAND BHIPPING OOMPANX'S '" aSSL, LXNE KOXAL MAIL STEAMERS, 808 LONDON, Via Monte Video, Tenerifle and Plymouth. Passengers are oooaeu. » - and forwarded to port of steamer's departure free of extra expense. ~ . Tickets issued for Passages from Great Britain for £l7 and upwards. Pot freight or passage, apply to—rpH3H N.SSj SHIPPINGS COMPANY, LIMITED, lk)wa Street, .Gisborne. GAMDIAN-AUSTRALIAN LINE EXCURSIONS TO FAMOUS .CANADIAN, SUMMER RESORTS^

BANFF, FIELD, AND GLACIER IN THE ROOKY, MOUNTAINS, FIRST-CLASS RETURN FARE INCLUDING KAIL AND STEAMER FARES AND HOTEL ■EXPENSES, £65, MIOWERA leaves Sydney Juno 12, leaves Fiji June 20, arrives iVancouver, July, 6. MANUKA (Twin. Screw) leaves Sydney July 10, leaves Fiji July 18, arrives .Vancouver August 3. AORANG-I leaves Sydney Aug. 7, leaves Fiji August 15, arrive® {vancouver'August 31New 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 OP THE I GISBORNE FARMERS’ GO-OPERATSVE COY. limited, j The* Memorandum and Articles JL# of Association were duly regiSrtered on the 20bli day. of February,. 1905, ~ ■2. The proposed Directors of the Company who are to hold office until the first Ordinary Meeting of tne Company, which shall be held after the Statutory Meeting, if the Statutory Meeting shall confirm such appointment, are :■— JOHN CLARK, .Te Arai, Sheepfarmer. FRANK BRAYTON BARKER, Gisborne, Sheepfarmer.. WALTER RICHARD BARKER, Gisborne, Sheepfarmer. WILLIAM KNOX CHAMBERS, Repongaere, SheepfarmerPHILIP THORNTON KENWAY, Whataupoko, Sheepfarmer. CECIL ALBERT BeLAUTOER, Gisborne, Sheepfarmer. CHRISTOPHER JOHN PARKER,

Te Arai, Sheepfarmer. , .WILLIAM TOMBLESON, Patutahi, Sheefifarmcr. ■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 pf the Company is £IOO 000. divided into 50,000 shares of £2 each. 'Of these 20,000 are Preference Shares, 30,000 are Ordinary total 50,000 Shares. The rights" attaching to the -various classes of Shares are fixed by the Memorandum of Association and. tne Articles of Association. The Preference Shares entitle toe holders thereof .. Subject to the creation and maintenance of a Reserve Fund 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 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 tbe 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_.nublic 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 in accordance witn 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 6 per cent, for the sum of os per Share due upon allotment, and the sum of 10s per Share due three months after allotment. , _ ImOTE,—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 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 1830 Shares have ■been subscribed, and the amount paid on such Shares is £1,259 las. The list of Subscribers to the date ,ot the time of this Prospectus can be seen at the office of Mr Thomas Coleman, in Gladstone road. S. 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). 9. This Company .has been formed for the pu*poses of: I in.tr the Farmers of the East Coast, by co-operation, in carrying on all kinds of Commercial and Mercantile general business, inclusive ot public and private sales of lands and live stock and Mopping (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 inrtnin<r produce, and (secondly) in the supply to farmers, retail storekeepers and the general public of, all manner and kind of' goods, chattels/ and eflects from time to .time required. , 10. The preliminary expenses. .of