Page 4 Advertisements Column 1

Manawatu Herald, Volume III, 20 June 1891, Page 4

PROSPECTUS OP mHE COOPERATIVE and FAJV X MEK>' ALLIANOK- UF KJSW Zi3ALA>D (uiiUKi^, To bo Incorporated UPtlcy the r rov!Blor,3 of " Thc"(Jompßnlep Act, 1382," CAPITAL The nominal enpitn' of the Aecnciation will bu £250,000 in 50,000 flmrvv oi £5 each, payabc us fol!ow«, viz :— 2s tid on application, ~>a on a oluitut, And the venmindcr in Ca Is not exceediug 5k per blmrf, at i'uteyvalu of not )e»H titan three months. It is not exjwoted that more than £1 per Hlmie «i 1 be necessary. NAME! Tlio name of tho Aptr.o\*\\r.n will !>c '• Tlie Co"Opcrfttive tiiut !• iv ii f v«' Alliance o{ New Zi-u. and {Liaaurt)," nud tht| BEGLSTEHED OFFICE ol the Ccmrony will be in the City ol mllußtmi. tFBOVIBIONAL PIEECTOCBi . Tho l'ro\isioual Dlrcclovs of the. Afeocifttiun (until iht; imt Gim-ml Met tiny of BlittVclioliUll* blutll huYu butn heliij >»iIU-:~. 9 V lii.uycjox. (3.G. MeK<mAv Cily • . • . . . O*-org«» li. Luxford (Jgttli)l > IvmiUflS AJakara . . •• '• , 11. Xlubiuftou „ „ l-'rankautith MA..AWATI'. Kereru „ •• iiobert OardnM-. (J. O. l aichtlav Palmcißton ..■lj am J H ,i ,-i reading . . „. J. Jchusou WAtBARAPA. Featheroton .. . . Colemon Fhi llpa Purimiaugtt „ . . John Martin, jun, „ , . (D. Carman Masteiton .. •• \johnCuineron / I.U.IUJUH I'UUIUO ._ „ Iw. W Mc'-prdlo Pabiatua . . ..U homa3 M ni er lUeoige Whitcombe W^st Coast. Fordell .. •• .lames W. Bnker Campbtlltown.. .. Henry Samson Waverley . . . . George !:!. Jiridgo With power to add to their wuuiber. SOLICITOUS: Messrs Menteath & Stave'ey, Lambton tiuuy, Vvcllinyiou, PROVISIONAL sECItETAItY Alexander Jai'dine, TEJJPOIIAHY.iOFFICE X« in Customhouse q«ny (Natlonftl Mutual |tl»iia»PtJi»), in tho Cily of We,li»tftou. BnARKWIOKKItR,: : Mesm T. Kennf.v vhicdouuld & Co. BEASON9 vnn 'i i■ k FOR»MATION OF THE ASSOCIATION. 1» The successful results achieved by co-operatiou in other countries, and in New Zoaland," notably by *« The Farmers*' lio-oik-raimi As^Oiation of. Canttrlmry (>.u.) M 2. The ob\i'>'» lulvnutn^o of nn Agenoy of which the subscribing pro'lucer or cousuiiier shall be not merely client but prnpvinii v. The?fl and other cotihidevntioiiß hftvo induood the pvosnoterp'io invite from tho pubiic in town emd country. AJ)«VANTAGBS"OF THE ASSQCIATION. The Association is projected at the instance of farmers and prodno§« generally, in order to secure to iheiki'by bo-operation the benefits of interchange which have hitherto gone to. the merchant or distiibutor alone. ; By co-operation in the formation of the Association (he farmers, the dairyman, the fruitgrower, the snwxniller an^flaxinilor, thowoolsvoivev: other producers, and the shareholders Renernlly may «etl their product md buy what they severally consume in tbe most favourable markets. The profits of thoAssnci^tion nftci payment. of expanses will buUu.g t. and be distributed amongst tin j»hareholuers. Subscribers will tlm; obtain for iroduoe the full market vaine in the markets ot tho world, subject only to payment of expense. 1 and o certain fixed percentage m order to enable the Association t< pay a. dividend rot exceptling .tfeveii per cent, on capital. O.n the other haud they will obtain goods at whoVsale prices. The Aflsoeiation will c© lect nnV' supply to sharelioldei-B jd'oivpt and disinterested information as to the state of and advantages offered by the various markets thrtu^hout the world. The Association will seek to ally ifcaell/wiUi otheif Jtindrtid institutions,' and. so: % sharing the cost of agency in 9Qme andtFu^eign maike'.s reduceooit^> while jncreaßirg efiicieucy to , • . j.-I ...- i :Wbo profits of the Association, tftet payment to eharehoWera of a diviHend not exceeding 7 per centum upon^tpei amount of the pai4 . up oapital, will be divided amongst ibe nliareLolders according to the amount of lu^iness dove by each or otherwise as may be from time to time by a iiiujority of shareholders at any general meeting determined.