Page 4 Advertisements Column 1

Manawatu Herald, Volume III, 18 June 1891, Page 4

PROSPECTUS i OF THE COOPERATIVE and FARMERS'.. ALLIANCE OF "NEW . ZEALA^i) (LarrraD). To be Incorporated tmder the Provisions of •• The Companies Act, 1882." CAPITAL The nominal capita' of the Association •will, be in 50,000 shaves of £5 each, paya"b c as follows, viz :— 2s 6d on application, 5s on a! otmont, and the remainder in Ca Is not execed- ' ing 5s per Share, at intervals of not less than three months. It is not expected that more, than £1 per share vri 1 be neoessary. NAME: The name of the Association will be* " The Co-operative and Farmers' AJliarco of New Zea and (limited)," and the REGISTERED OFFICE of the Company will be in the City of Wellington. . £«,, PROVISIONAL DIBECTOBSr l The Provisional Directors of the ' Aksociation (until the lirst General Meeting of Shareholders shall have been Ik ld) vri 1 be :— ... . >VBl^mflToM. - „-rr (J;C. MoKerrow City . # .. „ J George H. Luxford (Joseph .IMakara .. .. '.H. Bobinfton Porirua' .... Frank Smith "■.'Maxawasv. ■■'■ '■■•'■■■■ Kereva . • . • • -Robert Gardner (•). O. ! atchelav Palmorston North .., &J£f DBuick Fei'ding .. ... ' J.Johnson ■Wathabapa. Fea'herston .. .. Coleman Phi lips Puvuatanga . . . . John Martin, jun. „ . . • jl). Carman Masterton .. .. | John Cam , von Duncan Puckle W. W. McCardle PalJiataa, .. ••• Thomas Miller (ieorge VV' hitcpin.be W'ebt Coast. Forrlell . . • • James W Baker Cainpbelltown.. .. Homy Sanson Waverley . . . . George S. Bviclj>o ' With power to add to their wunibor. SOLICITORS:' Messrs Menteath & Stave'ey, Lambton quay, Wellington;,/^ PROYISIONAt HECBETABt Alexander Jardine. TEMPORARY^OFFICE la in Customhouse quay (National Mutual (Buildings), in the City of Wellington. SHABEBBOKERS?: Messrs T. Kennedy Maodonald & Co. SEASONS FOB THE FORMATION 0? THE ASSOCUTION. 1, The successful results' achieved by co-operation in other, .countries, and in New Zoaland, notably ;by " The Farmers! Co-operative Asaooiation of Canterbury (Ld.)" 2. The obvious advantage of en Agency of which the .subscribing producer or consumer shall be not merely client but proprietor. These and other considerations have induoi'd the promoters to invite Bubscnp ion>; frovn th<v pub,Up iv town and country. , „,.. . . ; ADVANTAGES OF 'J'HE ASSO--OIATION. The Assobiation ia projected ' at thft.iUßt^qe of farmers and produ.^aai^.g«BJß^VbEv,^r.fl'?s ai f^ :*i® serure to them by w-pperaV,OA the benefits of interchange, . which ( have hitherto ffdiie to the merchant. or VUstributo alone. By co-operati /n m the formation : 0 T the iscMbn jhe ,thn dairyman/ the ftdttgro^er;, 'the iawmiller and flaxmi?le > r,' the wooTg^wer . ptherprofiucera, and the shar, ho di -rs g«nerafl^ may seTi tfeir pi odiice and buy what they severally consume in the.mxwt favourable markets. The, profits of the Ass'ocintion after payment of expenses will belong to ai d be distributed amongst the nharehnlders. Subecriliers will thus' obtain for produce the full market value in the markets of the world, gubjeot only to payment of expenses and, a; certain, fljeed- percentage in order tq enable the Association to pay a dividend pot exceeding. ; soven per cent, on capital. . • ■- ■ , l: , Ott the other, hand they will obtain goods at whoK sale prices. The will co.leot and •upplv to shareholders pronpt. <n\i\ d Hntevs'ed informatitm hs to 'he ilaie of andiEWlvSritage^Mffereu 1 y the various markets thr. u.i;hout i ■>• world. -• ■■ / T^ e . Aspo^iftti' n will set kto aly itself other kiridre'a institutiops in Home and Foteitn mai.ke s reduc- : '^t, i; while ; !inbrbatoi g -efficieijoy / to fl|ft|ehbldei'B. ■■■< 1 -- ■■-■■■■• »••.•■ ' l "'■= - '^^p^e profits of the Absociatiori . IlieVp^ynient ' to- shareholdei s of a nxoeedujg 7 per centum tjpon'th^' amount of the pnid up capital, will be divided amongst the Bhtirehplders acoordini' to the amount of buptoew dbrie by each or otherwise as may be from time to time by a majority of . shareholders at any general meeting determined.