Page 1 Advertisements Column 3

Gisborne Times, Volume XIX, Issue 1508, 17 July 1905, Page 1

nnHE NEW ZEAs JL LAND SHIP- v PING COMPANY’S '"wfiwjßs*. %S&&HgSa*» LINE ROYAL MAIL STEAMERS, FOR LONDON, Via Monto Video, Tonoriffo and Plymouth. :Twln-scre\v steamers. Passengers are booked at Lowest Bates and forwarded to port of sisaraei’a departure free of extra expense. ' Tickets issued for Passages from Great Britain for £l7 and upwards. For freight or paaaage. apply *o—raa N>S3j SHIPPING CQMPKNY, ■ . LIMITED, Lowfl Street* Gisborne* GAHADIAn-AUSTRALIASi LINE TO EUROPE. iVISW CANADA AND AMERICA 1 * la cottiimotiou "With fcbs CAN AOI ANPACIFIC RAILWAY. auH all ATLANTIC LINES. " No oilier Line can offer life same frciliCies Co view the WonScra .of CANADA and AMERICA*

irtjjfcßsaus RceoMseooAsriON ea STEAMERS ap'd TRAESfe Next Sailing S.S, MANUKA', Sydney, IOSh July, cooxLDotion steamer an Auckland to Fiji 12th July, followed by R.M.Si AORANUI amt MIOJBER*..; For all particulars apply— UNION S.S, CO.. Managing Agents.

PEO&PEGTUS OE THEI GISBORNE FARMERS’ CO-OPERATIVE COY. LIMITED. IHIO Memorandum pud Articles © of Association were duly regis-. tered on the 20th day, of February,, 1905, 2. The proposed Directors of the Company; who are to hold offioo .until the first Ordinary, Meeting of the Company! which shall be held after, ffche: Statutory Meeting, if the' Statutory, Meeting shall confirm such appointment, are : JOHN CLAjRK, ,Te Arai, Sheepfarmer. FRANK BRAYTON Gisborne, Sheepfarmer. .WALTER RICHARD BARKER, Gisberne, Sheepfarmer. WILLIAM KNOX CHAMBERS, Reuongaere, Sheepfarmer. PHILIP THORNTON KENWAY, Whataupoko, Sheepfarmer. CECIL ALBERT, DeLAUTOOR, Gisborne, Sheepfarmer. CHRISTOPHER JOHN PARKER, Te Arai, Sheepfarmer. WILLIAM TOMBLBSON, Patutahi. Sheepfarmer, 3, The Broken for the Company is Mr, Thomas Coioman, of Gladstone road, Gisborne, Accountant. 4. '.The objects and powers of the Company are set out in the Memorandum of Association, which forms part of this Prospectus. 5 The Capital of the Company ha £IOO,OOO, divided into 50,000 shares of £2 each. Of these 20,000 are Preference Shares, 30,000 are Ordinary Shares, total 50,000 Shares. 1 The rights attaching to the various classes of Shares are fixed by the Memorandum of Association and the Artioles of Association. | The -Preference Shares entitle the holders thereof ’ Subject to the creation afid maintenance of a Reserve Funß and for all the, purposes of Article No, 6 hereunder, to a fixed cumulative preferential dividend at the rate ol 8 per centum per annum on the amount paid up .theseoil for the time being. The Ordinary Shares entitle Hie holders thereof p Subject to the creation 'and main- | tenance of a Reserve Fund and for all the purposes of Article No. 6 hereunder, and subject to the right of holders oS Preference Shares to a fixed non-cumulative preferential dividend at the rate of 6 per centum per annum. 6, 15,161 Preference Shares and 2000 Ordinary Shares are now offered .to thp-.puhlic for subscription, to he paid as follows :

5s per Share 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 Witn •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 & pen cent, for, ithe 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, to 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 Sheepfarmers’' 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 £1,250 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 „f the Shares already subscribed by Shareholders in the Gisborne Sheepfarmers’ Frozen Meat Company, Limited).

9. This Company lias 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 to obtain for themselves the iarge profits now rpaped by other persons and cqmpanies in thp sale and distribution of all kinds of farming produpe, and (secondly) in the Gupply to farmers. retail storekeepers and the general public of all manner and kind of goods, chattels, and. effects from time to -time required. IQi. Tti9 preliminary expenses' qt