PROSPECTUS or mHE OOOPER TIVR akt> FARJ. MERS 1 ALLIANCE OP NEW ZEALAND (Limited). To be Incorporated under the Prov'gionß of " The Companies Act, 1882." CAPITAL The nominal capita of the Association will be £250,000 in 50,000 shares o. £5 each, payab e as follows, viz :- -2s (id on application, 5b on a otmenl. and the remainder in.Ca Is notexceed ing 5h per share, at intervals of not, , less than three months. It js not es, pected that more than £lpershaii wiU be neoessary. NAME: -...; The name of the Vasociation will be " Th ~ Co-operative and Farmers' Alliance pi New Zea and (Limited)," and the REGISTERED OFFICE of the Company will be in the Cityrd Wei ington. ,< J £ {PROVISIONAL DIRECTOIiS: > The Provisional Directors of the tion (until the i rst General Meeting of Shareholders shall have been held) wi 1 be ; — V BIiLINOTON. ■ } I 'i tl (J. O. McKcrrow •/»!«• .. \ George Hi JiUtlW". y " (jos-ph >aunder» " Mflkara .. •• '> . H. Robinßon , ; Poriiua .. •". Fvank Smith .. Makawato. ._,. , TTflrern .. .. Robert Gardner * err 13. O. Eatohelar . ... . »r ai. 1 Joseph iJeale Palnicrßton N( rth ... i JanlPS Pel , (d. Buick :; Fei.ding t . ... J - Jo»«"«o» Waieabapa. , Featherßton .. .. Coleman Ihi lips Purualanga .. .. John ' Martin, jun. /D. Carman Masterton .. •• | John Cameron Duncan Puckle. VV. W. MflCnrdle i t» •• ••' Thomas Miller . . . lieorge \V uitcoml c Wbbt Coast. For^ell .. •• .Tames W. Baker Campbelltown . . . . Henry Sanson Waverli-y . . • • George S. Bridge With power to add to their wiunber. SOLICITORS : Messrs Menteath & Stave'ey, Lambton^ »may, Wellington. ' . i ',\.tPROVISIONAL SECRETARY ( Alexander Jardine. TEMPORARYgOFFICE Is in Cnstomhouse quay (National Mutual JBuiidingß), in the City of Wellington. SHAREBROKERS': Me6srs I. Kennedy Macdonald & Co. SEASONS FOR THE FORMATION OF THE ASSOCIATION. 1. The successful results achiever! by co-operation in other confixes.' and in New Zoalai d, notably fry " The Farmers' Co-operative Asaooiation of Canterbury (ld.) M 2. The obvious advantage of an Ageno.y of which the subscribing prodnoer or consumer shall be not merely cliet.t bnt proprietor. These and other considerations have mduo- d the pvomoters to invite Buhscrip ions from the publio 1 • in. town and country. ; ■ ;f f THE ASBOOIATION. ...:, The Association is projected at the instanoe of farmers and produoers generally, in order to ' set ure to them by 00-operation the benefits of interchange which have hitherto gone 10 the merchant or distributor a!one * . t i, .p By co-operati-m in the , i. jrmation of the Association the favmeis, the dairyman, the fruitgroweiy the -sawmiller and flaxmi'ler, the woolgrower, other producers, and the shareholders generally may sell their psodiTceihnd buy what they seveia ly consume in t the most favourable markets. The profits of the Ass* cintioa after payment of expenses will belong to and be distributed amongst the shareholders. Subscribers will tl>us obtain for produ. c the lull market value in the markets ot the world, subject only to payment of exp&iises, and a certain fixed percentage in order to enable the • Associafi in to pay a dividend not exceeding seven per cent.^on cApitiil. .'....:» On the other hand they will obtain goods at wholesale price's; The Association will co lect nnd supply to shareholders i rnn-pt mid d smterested informauou »s to ]u« state of and advantages "uffiV" A y the various markets tlir v.l. out i> world. The Associaii n will .seek to nl - itself with other kindred in>tit,utivu ; , and 80 by sharing the co>t of «ge: t-y in Home and Foieign uui. ke's reduo ; oo»t, while increasi g ffficieucy to Bhareholders. The profits of the A s oi.itipu, .tfter payment to shareholders,'. of 'a dividend not exceeding 7 per ceutum upon the amount of the piiid up capital, will be divided among- ii.c shareholders according tothe jiuxiuut of lm«iness done by ea'cli or <> he. - \vißK 88 may be from time o iuia by a majority of slirtieholders »t any g»ttoiul mnouiig dtotoriaiutd)
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Manawatu Herald, Volume III, 16 June 1891, Page 4
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626Page 4 Advertisements Column 1 Manawatu Herald, Volume III, 16 June 1891, Page 4
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