Page 1 Advertisements Column 3

Gisborne Times, Volume XIX, Issue 1503, 11 July 1905, Page 1

THE NEW ZEALAND SHIPPING COMPANY'S LINE ROYAL MAIL STEAMERS, FOR LONDON, Via Monto Video, Tencriilo and Plymouth. Passengers are boohed 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—,THZ3 N.SBe SHIPPING COMPaMY, LIMITED, Low* Gisborne-

canadiah-austraLias line •' to ELfttbpi-:, JV3R CANADA AND AMERICA 1 , In conjunction wiife the CANAD'I'A'NPAOIFIG RAILWAY awl all ATiiANTIC LINES, isio other Line can otter .tliS same facilities tq view the Wopjlors of CANADA and AMERICA, L'UXiURSGttIS ACCOMMODATION pH STEAMERS aajt TRAIN, Next SailThg S.S, MANUKA, Sydney, I Oth July, connoction steamer at Anoiiranid to Fiji 12th Auly,. followed by jFS.M.S. AORANGI end MiOJBBRAk For all particulars apply— UNION S.S, CO., Managing Agents,

PROSPECTUS OR , THEi GISBORNE FARMERS UO-OP£RATiVE GOY. LIMITED.

i.Tlie Memorandum and Articles • pi Association were duly registered op the 20bh day, of February,, lyoo, S- The proposed Directors, of the Company who are too bold office until the .first Ordinary Meeting of the Company, which shall be held after the •'Statutory Meeting,' if the Statutory, Meeting shall confirm suoh appointmisnt, ara JCtHN CLARK,, Te Arai, Sheep- ■ farmer. FRANK. BRATTON BARKER, Gisborne, Shoeßfarmer, .WALTER RICHARD BARKER, , Gisborne, Sheepfarm.er. ;. . , WILLIAM KjNOX CHAMBERS, Reuongaere, .Sheepfarmer.-; . PHILIP THORNTON KENWA-Y, Whatamioko, Sheepfarmeir. CECIL ALBERT, DeLAUTOUR, Gisbgrne. Sireopfarmer. ' . CHRISTOPHER J.OHM PARKER, Te Arai,, Sheepfarmer. WILLIAM TOMBLBSON, Patuifcahi>. Sheeafarmer.

3. ,The Broken for the Company ■ is Mr, Thomas Coleman, of .Gladstone road, Gisborne, Accountant. '4* This objects and powers of the Company are e«t out in the Memorandum of Association, Which forms part of this Prospectus. 5 The Capital gf the Company is :£ioo,oooj divided into 50,000 shares of £2 each. Of these 20,000 are Preference Shares, 30,000 are Or'di-

nary; Shares 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. The Preference Shares entitle the h

Gilders thereof Subject ,to the creation and maintenance of a Reserve Fund and j for all the purposes of Article No. 6 hereunder, to a fixed oumu- . lative preferential dividend at the rat® o£ 8 p®r 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, anti subject to ithe right exf holders of Preference Shares to a fixed non-cumulative preferential dividend at the rate of 6 per centum per annum. 6.j 15,161 Preference Shares and 2000 Ordinary Shares are now offered .to tliU-.oulxiic 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 be payable an the same may, be called up by, thfe Directors in accordance witn the Articles of Association. Or alternatively .the applicant upon allotment may give a Promissory Note at six! months with interest added at the rat® of 6 pen cent, fox [the sum of os 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 ito 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 Sheepfarniers" 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 111,259.155. ‘.The list of Subscribers to the dato of the time of this Prospectus can be seen at the office of Mr Thomas Coleman, in Gladstone road. 8i The minimum subscription on which the Directors may proceed ‘to allotment is 7500 Shares (inclusive uf 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-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 farming pro.duce, 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 esgepEsn di