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Manawatu Herald, Volume III, Issue III, 23 June 1891, Page 4

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' In allotting the shares, the directors will have regard to priority of application, and not more than 100 shares will be allotted to any ono perron. In submitting an Association of this character to the public it is only nocessary to say that ifc is in no BPnse a speculative undertaking. Tho experiences of similar enterprises in the Colony has shown them to bo not only dividend paying, but pro« ducfiveof many collateral advantages I to t;.M proilncfr ; minimisinc as they do nil charges, th< j y necessarily com* p' j l merchants and shipowning firms to lower to a roasonnble p< i»t their rates of profit, commissions, freights, &c. The fact that the I s ow Zealand Farmers' Association of Canterbury (Oristchurr-h) last ypnr had a total profit of £10,804 5s 5d to distribute, and that the Canterbury Farmers Association (Tiruaru) and other similar Associations are nil in a most satisfactory financial erudition, ppealis for itself as In the safety of the capital to bo embarked. The central position of the City of Wellington arc! its magnificent, capacity for ile cheep distribution of products to all parts of the world, uiflrks it cut prominently as the natural centre for the present Company's operntions. Therrotnt connection of the city with Nnpier on the Eitst Cofißfc, and !'• ew Plymouth on the West Const, by through lines ot railway, wil! ena'l^ the settlers in these distr : cls to share equally in the advan'nges, which wi'l accrue to shareholders in the Wellington Provincial District from having at their door the best mid cheapest harbour in the Colony as n, distributing centre,