Page 1 Advertisements Column 3

Gisborne Times, Volume XIX, Issue 1506, 14 July 1905, Page 1

I rfflHK SEW ZBA' JL land ship- . V VX. PING COMPANY'S > LINE ROYAL MAIL STEAMERS, FOR LONDON, ’ Via Monto Video, Tenoriffo nnd Plymouth. Stoamor. Kttikoura :Rimutaka :Tong«riro :Turukiim Papaimi Ruapehu "" :Twiu-screw steamers. Passongera ar« booked at Lowest Kates and forwarded to port of atoamor’a departure free of.extra expenso. Tickets issued for Passages from Qreat Britain for £l7 and upwards. For freight or passage* apply to— THU SHIPPINGS COMP-IMY* LIMITED, Low® Street,. Grisboxno. Clifford Greeons’b Sutoliffo Forbes Weston Mayoss Aug 31 Sep 28 Ooc 26 Nov 23

LINE TO EUROPE. .VIM CANADA AND AMERICA',, In conjunction with the CANADIANPACIFIC RAILWAY and all ATLANTIC LINES. \ No other Line can offer Hits same facilities to view the Wonders of CANADA and AMERICA., LU-KUR-SOUS ACCOMMODATION oil STEAMERS and TRAIN? Nes.it Sailing S,S. MANUKA, Sydney, ICth July, connection, steamer at Auckland to Fiji 12th July, followed by R.M.S, AORANCH and MIO.TCERM. IFqe all particulars apply— UNION S.S. CO., • Managing Agents.;

PBOSPEO'I'US OE THEi GISBORNE FARMERS’ GO-OPERATIVE COY. LIMITED. V A Tlie Memorandum and 'Articles ® of Association were duly registered on the 20 th day oi February. 19052. The proposed Directors of. the Company, who' are to hold offiee until the first Ordinary Meeting oi" the Company, .which shall be held after the Statutory. Meeting, if tire Statutory, Meeting shall confirm such appointment, are JOHN CLA.KK, To Arai, Sheepfarmer. FRANK BRAYTON BARKER, Gisborne, Sheenfarmer. .WALTER RICHARD BARKER, Gisborne, Sheepfarmer. “WILLIAM KNOX CHAMBERS, Repongaere, Sheepfarmer. PHILIP THORNTON KEN.WAY,, Whataupoko, Sheepfarmer. CECIL ALBERT, DeLAUTO-UR, ■ Gisborne, Sheepfarmer. CHRISTOPHER J OHJN PARKER, Te Arai, Sheepfarmer. WILLIAM TOMBLESON, Patutahi, Sheepfarmer. ~ 3, The Broker for the Company is Mr, Thomas Coleman, of Gladstone road, Gisborne, Accountant. Ak 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,OOO, divided into 50,000 scares of ,£2 each. Of these 20,000 are 1 'reference Shares, 1 30,000 are Ordinary 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 fielders 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 ot 8 per centum per annum on the amount p.aid up thereon for,.the time being.' The Ordinary, Shares entitle- the holders thereof : Subject .to the creation anil maintenance of a Resenve 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, centum per annum. 6, 1-5,161 Preference Shares and 2000 Ordinary Shares arc now offered to tbfi..public ■ for subscription, to he 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 he payable as the same may, be called u® by,

the Directors in. accordance .with 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 pec Share due .upon allotment, and the sum of 10s per Share duo three months, after, allotment. NOTE,—The Promoters do not consider. it will ho necessary or desirable to call up more than 20s per Share, but they, do not guarantee this or assumo in any way, to bind the Directors hereafter to ho appointed by, the Shareholders. 7. The Company has privately ofI fered the Preference Shares to the Shareholders of the Gisborne Sheepfarmers’,' Frozen Meat Company, Limited, as required by the Articles of Association, and 4.839 Shares have been subscribed, and the amount paid on suoli Shares is 411,259 15s. ‘.The list'” of Subscribers to the date of the time of this Prospectus can be seen at the office o£ Mr Thomas Coleman, in. Gladstone road. 8, The minimum subscription on which the Directors may proceed ~T to I allotment is 7000 Shares (inclusive „f the Shares already subscribed by Shareholders in the Gisborne Sheepfarmers’ Frozen Meat Company, 1 Limited). 9. This Company has been formed for the purposes of : ' First, enabling the Farmers of the East Coast, by co-oDeration, 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 hinds 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, ' ‘ 10. The -preliminary; expenses pi