THE OBJECTS

Manawatu Herald, Volume III, 13 June 1891, Page 4

THE OBJECTS

-for.; '.which the' Association will be established and powers- deemed necessary for its successful working -are: — (1) To carry on the business of a • Co-operative Association in all its branches. '. r .. (2) To buy^hd sell goods, stores, con-ummable articles, chattels, and effects 'of all kinds. ', (8) Tq. conduct the .sales of the Association' upon a cash basis. (4) To offer facilities to farmers for ( the shipment of their produce to the various rriarkets of the world, and! to appoint agents in different ..localises fpivthe furtherance of this -object. ' ■ ' ■ ' ' (5) To purchase, take on lease, or in fex.hange, hire, or otherwise acquire any real and personal property, and any rights, patents, or privileges necessary or convenient for the purpose of the Association, and wareIhou^es/forrtheistorage of grain and (produce* of 'any "kind, and any land, buildings, easements, railway sidjinga,' machinery, plant, andstook-in-jtrade. y-ryy. . ,'■; i: . • \ (6) To construct, maintain, and alter ; any . buildings, machinery, engines, plant, nnd works that may be. deemed by the Directors necessary, convenient, or fit for 'he purpose.-* of the Association or calculated directly or indirectly to advance the interests of tthe Association or the members thereof.•..-(--7) To borrow or raise money by jthe issue of or upon bonds, debentiireW, bills* ef exchange, promissory ji_6--s, Or other ob!ig'rttio_s' or sebu-r' jrites of the^Associatibn, |or by |rdoirtgage or charge of- all or any, jpar. of* -the property of the Assbcia-'. jtibri', or of its uncalled capital, or in ;Bhch ; other manner as the Directors ;of the ; Association :shall' think fit. (8) To mak., accept, endorse, and execute promissory notes, bills of exchange, and ! other negotiable instruments. - ,' (9) . To purchase or otberwise acquire an^'-'undei-take all or any pavt\ of 'the . business.* property and liabilities of , and to amalgamate with any other Association, Oompany, firm, or person ; the objects of which shall be altogether, or in part, similar to those of this Association. (10) To invest moneys not immediately sjjp^seotipties as may • %@qj^&3_a ti__tfbe approved pf by tha Directors. ; .-(ll). "To make '-'advances te mem-* hers of the Association, upon such real •orrpersppaJ:; securities- as mfty froxmtij-il Jp timeLbLe approved of 'by the Directors.., . ; ..(12) To i-e.ceive money on deposit at interest or otherwise. ? (18) To 5e,11,.; exchange j in^prQve,^ mai^ige^ dciyeiop, leuse, mortgage, dispose' of, <p qiih-rwise deal with all fli:-ji,ajiy part' of the property oj^ the;'Awboiatipn.. • ...j .-_...:••, extend »tjie ; ojperatidns , ofthe'.^'s^bciation in any direction wlficia. may seem, likely to benefit the members jth.er.eof.,^. j,., „..,,: i (i^yTo.dp.ali.s.u.oh other , tilings .' as 'are incidental or conducive to the < attai^nient of che,. above objects or , any o.' theni. f.'-.Tjie, .preliminary .expenses and thos^ atieiiaing, the ( prpmotion and registration' of ; the . Asspciation , will ; be^a,id lipy^el/^sqwati)oni1 i py^el/^sqwati ) oni •. , . ' • >Tlie liariiiifc-jr l of /the 'members, limited 'fo nqmi^. .value of ibhe s'hdre§' held by ' them. r . „'. ;/ ' . Application for shares can be made to the Secretary of the Company at his Office, National Mutual Gpmpaj^|B'^ui|s^7:or\tbr!^^Brokeis» >: ' >it their Offioeß^ExohangQCuildings, I _-aa_bfcoD«_ufty ( !