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PKOSPECTUS of the Raglan and Waikato Native Company. CAPITAL ... £SOOO, In 500 Shares, at £lO per Share. following are the Rules by which ■if the company is to be-conducted:— I. The Company is to be conducted by the following Directors: —Te Moan an ui Ihimimera, Turingenge Hepata, Rapata Erueta, Wataranihi, Horomona Ngatipare, Mita Karaka.-and Aperahama |K. Patene. .2. European's are not to hold shares in the Company. .3, The persons authorised to receive money on behalf of the Company are Ngatai, Henare, Wataranihi Kipi, and A. T. Patene, who is Jtheir Chairman. 4. Ah annual statement shall be made to the shareholders, showing in what way the funds of the Company have been appropriated, and what remains in the bauds of the Company. .. 5. Any. shareholder wishing to retire from the Company may sell his share or shares; but if unable to dispose of his interest he shall remain in the Company. 6. The conductors of the Company shall be assisted at each meeting by one or more of the shareholders. The business of these meetings is to be conducted in the presence of the shareholders. 7. Shareholders shall be entitled to their proportion of the profits of the Company from the date when their shares are fully paid up. 8. It has been determined that the sum of £5 shall be paid, and this sum only, on each £IOO in each year, on all paid-up shares. This amount shall he paid at such time, and such time only as thn Directors shall determine. 9. The Directors shall give notice when such money shall be paid on account of shares. 10. When all the shares shall have been bought or taken up, then the shares shall be increased in value. 11. All accounts, and writings, and records of the proceedings of the Company shall be kept in tue Maori language. (Signed,) APERAHAMA K. PATENE, Pro MITA KARAKA NGATIPARE, Secretary of the Company. Out of the 5000 shares in the above Company up to the present time, 200 shares have been sold. Any Maori who may wish to become a shareholder in this Company, must apply in writing according to the form below, and send his application to the Chairman of the Board of Money Collectors of the Company, to A. Tautari Patene, and forward for each share taken or applied for the sum of £2 10s, which is the paid on each share when taken up, or applied for, aud the remainder which is due on each share shall be forwarded by the applicant at his earliest convenience ; but if those who apply prefer, they may send the full sum for each share, that is £lO at once ; and if any Maori asks for two shares he must send £5, and so on in accordance with the numbers of shares asked for. No share loss than £2 10s shall be given to any Maori whatever, and this is the first sum paid on each share. The following is the form of application : To A. Tautari Patene, Money Collector for the Raglan and Waikato Company, at Ngaruawabia, Waikato. Friend A. T. Patene,— Salutations to you, I wish to take...... for myself in the above Company, and I enclose herewith the sum of Pounds Shillings, which I send as having taken those shares. Enough, from your loving friend. Write your name here With the name of your kainga here Enter here the nature of your employment (Signed,) A. K. PATENE, Secretary for the Company.

~ ■.O A U T 10 N. ' NY Person USING or REMOVING ,1 any of OUR BOATS or PUNTS from (jough Island, or elsewhere, will be PROSECUTED.' N.B.—Remember no Person excepted. GEORGE H. STUART. WILLIAM PL STUART. *X r AKTED, - TWO CARPENTERS.,Y Apply to J. LeQUESNE, Port Ahuriri.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/HBT18740609.2.17.1

Bibliographic details
Ngā taipitopito pukapuka

Hawke's Bay Times, Issue 1583, 9 June 1874, Page 247

Word count
Tapeke kupu
629

Page 247 Advertisements Column 1 Hawke's Bay Times, Issue 1583, 9 June 1874, Page 247

Page 247 Advertisements Column 1 Hawke's Bay Times, Issue 1583, 9 June 1874, Page 247

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