Page 1 Advertisements Column 3

Gisborne Times, Volume XIX, Issue 1502, 10 July 1905, Page 1

THE NEW ZEALAND SHIP- • PING COMPANY’S ROYAL MAIL STEAMERS, - : FOR LONDON, Via Monte Video, Toneriffo and Plymouth.j :T\vln-scro\v atoamors. Passengers are bookod 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—emu N»SSj SHIPPING COMP®®?* LIMITED, Lows Btretrti flisfcOTMi

CANADIAN-AUSTRALIASI LINE t «a-af* TO EUROPE. JPiSSi CANADA AND AMERICA,, It* conjKnetioa £ho CANABIANP&CIFIC RAILWAY. auQ all ATLANTIC. LINES, No other Lins can offer .LWC same fecilities £a vyow the Wofttog .of jesVNADA- and AMERICA;.. fcUStJRaOBS ACCOMMODATION ifh STEAMERS asS TRAIN* m&, Sailing S.S, MANUKA, Syclb»sj, 10$h Jjuly, connection steamer ek Ruoklaiiwi to Fiji 12th July, folJewsfl fay JS.RL&, AOR2,Nd anfl MIOWERA,

Por all particulars apply—- -- - , • UNION S.S.f CO., 5 Managing Agents.: PROSPECTUS ‘ OE THEI GISBORNE FARMERS’ CO-OPERATIVE GOY. LIMITED. I,The Memorandum and Articles a .oi Association were duly registered on the 20th day. of February,. 1905* 2- The proposed Directors of the Company who tare to hold Offiee 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 Arai,; Sheepfarmer. FRANK BRAYTON BARKER, Gisborne, Shoenfarmer. .WALTER' RICHARD BARKER, .Gisborne,. Sheepfarmer. WILLIAM , KNOX CHAMBERS, Renongaere, Sheei)farmer. . PHILIP THORNTON KENWAY,. Whataupoto.-Sheepfarmer.' -CECIL ALBERT, DeLAUTOUR, Gisborne, Shcop.farmer. CHRISTOPHER JOHN PARKER, Te Arai, Sheepfarmer. .WILLIAM TOMBLESON, Patu/tahi, Sheepfarmer.

■3. The Bm«es for the Company is Me Thomas Coleman, of Gladstone road, Gisborne, Accountant. 4* Tiie objects arch 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'’'Stores, 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 the Articles of Association. I The Preference Shares entitle the holders thereof n Subject .to the creation and mai.n- .. to nance of a Reserve Fund and for all the purposes of ~Article No. 6 hereunder, to a fixed cumulative nreferential dividend at the rate of 8 per centum per annum on the amount paid MP thereon for the time being.. The Ordinary, Shares entitle the holders thereof : _ Subject to the creation and maintenance of a Reserve Fend, and foe all the purposes of Article No. 6 hereunder, and subject to the right of holders of Preference Stares tp a fixed non-cumulative (preferential dividend at the rate of 6 per •centum per annum. 6,- 15,161 Pireference Shares and. 2000 Ordinary Shares are now, pSered .to the..public for subscription, to be paid as follows 5s per Share on application. 5s pen Share on allotment, 10s per Share at three months afteri allotment, and the remaining 20s per share shall be payable as tbe same may be called up by the Directors in accordance witu tbe 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 peri Share due upon allotment, and the sum of 10s per | Share due three months after allotment. [NOTE,, —The Promoters do riot consider iit will be necessary, or desir,able to call up more [than 20 s 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 Sheepfarmcrsv Frozen Meat Company, Limited, as required by the Articles of Association, and 4.839 Shares have been, subscribed, and the amount paid on suoh Shares is £1,259 15s. ‘The list of Subscribers to the date of 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 proceed ‘to allotment is 7500 Shares (inclusive :of 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 pf .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 and • companies .in the sale and distribution of all kinds of farm-, ing 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 rei quired. . 10. iTEa '-prelimin’arji excesses "e?