Page 1 Advertisements Column 3

Gisborne Times, Volume XIX, Issue 1498, 5 July 1905, Page 1

THE NEW ZEALAND BHIP- ’' - PING COMPANY’S LISE T'" . ROYAL MAIL . STEAMERS, FOR LONDON, Via, Monte Video, Tenoriffo and Plymouth. :T\vln-soxow' steamers.’. Passengers aro booked at Lowest Bates and forwarded to port of Bteamer'a departure free of extra expense. Tickets issued for Passages from Great Britain for £l7 and upwards. For freight or passage, apply to—crms NifSj shippings comfsriy* LIMITED, Lkasa. Street* .Gisborne,

MADIAH-AUSTBALIA&3 IM TO I3UROPE. JPIA CAW ADA AMD AMEBJCij ia oanjttULOfrioK vrwSi lh« CANADIANS PACIFIC KAiLWAY etx&i all ATLANTIC LINES, S\q otb«r Lin* can oiler (Lifts same SeciliAies £q tSVot tie Worriers of CANADA- afld AMERICA, L'OILnaOCS ACCOMMODATION. #S STEAMERS and TRAIN, Bfex't Sailing S.S, MANUKA', Sydjt»s» lCSii July. cocmaction steamer a* R.Kcka2,nri i-o Fiji 12th July, fol* i*vreU fey. RM ; B. AOKASTOI «** MJO.WERA, For all particulars apply— UNION S.S. CO., j Managing Ageevs, I

PROSPECTUS' OF, im farmers cO-OPERATiVE COY. LIMITED.

i,Tbe Memorandum and 'Articles • of Association were duly registered op fed® 20 tli day. of February,, 1905, 2. The proposed Directors of the Company who are too hold office until the first Ordinary Meeting of the Company, which shall be held after the Meeting, -if the Statutory Meeting shall confirm such appointment, are JOHN CLARK, ,Te Arai,. SheepH farmer. FRANK BRAYTON BARKER, Gisborne, Sheepfarmer. WALTER RICHARD BARKER, Gisborne, Sheepfarmer. WILLIAM KNOX CHAMBERS, Reuongaere, Sheepfarmer. PHILIP. THORNTON KENWAY,. What-aupoko, Sheepfarmer. CECIL ALBERT, DeLAUTOiUR, Gisborne, Sheepfarmer. CHRISTOPHER JOHN PARKER, Te Arai, Sheepfarmer. WILLIAM TOMBLESON, Patutahi, Sheofifarmer. 3, The Broker- for the. Company is Mr Thomas Coleman, of Gladstone read, .Gisborne, Accountant. A, ,Thq objects and powsni of the Ccmnany ara set out ii> the Memorandum of Association, > which forms part of this Prospectus. 5 The Capital pi the Company is sSIOO.OOO, divided into 50,000 sitares [of £2 each. Of these 20,000 are' Preference Shares, 30,000 are Ordinary Shares, total 50,000 Shares. ! .The rights attaching to the variolas classes of Shares are fixed by. the Memorandum of Association and the Articlue of Association, The Preference 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, to a fixed cumulative preferential dividend at the rate of 8 pea: 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 nan-cumulative preferential dividend at the rate of 6 per centum per annum. C, 15,161 Preference Shares and 2000 Ordinary Shares are now offered to the..puWic for subscription, to be paid as follows : 5a per Sharo 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 with 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, for the sum. of os per Share due upon allotment, and the sum of 10 s per Share due three months after, allotlent. NOTE,,—The Promoters do not coniden it will be necessary or desirble to call up more .than 20s per Share, but they do not guarantee his on assume in any way to bind ;he Directors hereafter to be apointed by the Shareholders. 7. The Company has privately, ofered the Preference Shares to the Shareholders of the Gisborne Sheeparmers” Frozen Meat Company, Limited, as required by the Articles >f Association, and 1839 Shales have leen subscribed, and the amount paid on auoh Shares is 111,259 15s. ‘The ist of Subscribers to the date of he time of this Prospectus can be leen at the office of Mr Thomas Joieman, in Gladstone road. S. The minimum subscription on which the Directors may. proceed ‘to illotmcnt .is 7500 Shares (inclusive ,1 the Shares already subscribed by Shareholders in the Gisborne Sheeparmers’ Frozen Meat Company, Limited). , 9. This Company has been formed for the purposes of : First, enabling the Farmers pf the East Coast, ay 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 t-ho 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. ' 19;; The' preliminary, expenses pf