Page 1 Advertisements Column 3

Gisborne Times, Volume XIX, Issue 1504, 12 July 1905, Page 1

The new zeaLAND BHIP'.VV'. PI NG COMPANY'S : jcS.'.Os&siaa* LINE ROYAL MAIL STEAMERS, FOR LONDON, Vis Monte Vldoo; Tsnoriffe and-Plymouth..

:X\vm-scre\v stcunwra. Passengers are booked at liowest Bates and forwarded to port of sionmor'B'departuro free of extra'expense. Tickets issued for Passages from Great Britain for £l7 and upwards. . ,', For freight or passage, apply to—iraas N.zij shipping CDMPtfiaiY, ,LIMITED. . ' . 1 Lcosb’ Street* fristrOmiei ' *

| CAMDJAMUSTMLIA! LI HE TO 33WROT®. s ©AMADA AfeJC AMBffIOM jn* co»jTOi«aSQa TClsSli' We .GANAOEffiN' PACIFIC RAILWAY) anS all /ATLANTIC LIMBS', SVo other Line can offer life Same facilities to view the WtffijJerS of ayAKi anil AfIVIE.RICA, £oMH»fc>i3# liff a® , fiAMERfS anil TRAIN;, iitiit fciailiilg S.S,'MANUKAV ' nej, Itibh July, cotmeetioa steamer a* @\a?«hland to Fiji 13th July, followed by R.M.S.; AO-RA&&I- awl MIO]EBER«r Far afl particulars apply:— . JJNIODi-;.S;Sb-;CO., ; i.Managing' AgecrtSi' PSOSPECTUS"

THE! GISBORNE FARMERS 1 T UO-OPERATIVE COY. LIMITED,, ATtio Memorandum and Articles • of Association were duly registered on tiie 2(ith day, of February,, SIOOS, 2. The proposed Directors of tie Company who are" i>o bold office until . the first Ordinary; Meeting of the Company, - which shall be held after the Statutory Meeting, if tihe . Statutory Meeting shall confirm Guoh : appointment, • ato':— JOHN CLARK* .Te Aral* Sheep- . farmer.

: FRANK BBAYTON BARKER,. Gisborne, Sheepfarmec. WALTER RICHARD BARKER, Gisborne, Sheopfarinor. WILLIAM KNOX CHAMBERS, Repongaere, Sheepfarmer. PHILIP THORNTON KENWAY, WhatauiPok'o, Sheepfarmer. CECIL ALBERT DeLAUTCWJR, Gisborne, Sheepfarmer. CHRISTOPHER JOHN PARKER, Te Arai, Sheepfarmer. WILLIAM TOMBLESON> Pfttutahi, Sheeafarmer, . •! 3. The Broker for' the Company is IMr Thomas Ooleman, of Gladstone road, Gisborne, AocountanL 4, The •bjeots' and powers of the Company are sot out in the 'Memorandum •: of Association, which forms part of . this Prospectus. ' 6 The Capital gf the Company ia :Sioo;Bffi>, divided into 50,000 shares of &2 each. Of these 20,000 are Prefer era ee Shares, 30,000 are Ordinary Shares, total 50,000 Shares: The rights attaching to the various cHasses of Shares are fixed by the Memorandum of Association and fixe Articles of Association. ‘ | The Preference Shanes entitle the holders 1 thereof >—

Subject to the - creat'itm-an'd maintenance of a Reserve Fit nil arid ' for all the purposes of Article No. .6 hereunder, to a fixed cumulative 1 preferential 3 dividend at the rate of 8 per centum per annum on tha amount paddup, thereon for She time being. Tire 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 non-cumulative

preferential dividend at the rate of 6 per ceiil,«n • per annum. 6. 15,161 Preference Shares and 2000 Ordinary Shares are now oHerod to ihs-.gu'bUc for subscription, to be paid as follows : 5s per Stare on application, os 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 UQ by. the Directors in' accordance witli 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. ’ \

NOTE* —The Promoters do not consides 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 ho appointed. by the Shareholders. 7> The Company has privately, of- | fered the Preference Shares to the Shareholders of the Gisborne Shee-p----fanners" Frozen Meat Company, Limited, as required by the Articles of Association, and 4839 Shares have been subscribed, and the amount paid on such Shares is £1,259 15s. '.The list of Subscribers to the date of the time of this Prospectus can he seen at the office o£ Mr Thomas Coleman, in Gladstone road. 8, 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 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 Dersons an'd companies in the sale and distribution of all kinds of farming produce, and (seoondly) in the Gupply to farmers. retail storekeepers and the general public of all manner and kind of goods, chattels, ■and- effect® from time to si me ■ rei.l'quirea/ . • ' . b IQ.- ,ThQ preUmioaxjj • expeeses at