Page 4 Advertisements Column 1

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

• PROSPECTUS or mHE COOPERATIVE axi> FARX. MKBn' ALLIANCE OF NEW 2EALAM) Xo be Incorporated under the Provision? of " Tho Companies Aet, 188a," CAPITAL Tho nominal capita of tho Aspociation \w;l he £2t0,000 in 50,000 shares of .•Cehcli, paj/ab f fia foliows, viz :— J}» Cd on tti'pti'/ftticu, 5s on u ouutnt, siuti fhe remainder in Ca Is not exceeding ' ■ >hare, at iiitt-rvulu of not )i>n* '. '< iinc n»fiHh«. it ia not expec i" ;i more than £1 per share wi] w \\w<xiv K :y, NAME: Tho Bftrac of the Asfociutirn Tvill ho " The Co-opevativt! aij(l i'luiw/B 1 Aliiance yf New Ztu uud (Liuau ii)," and the KLGI&TEBED On-ICB qI the Ccmpauy yill be in tjie Uty ol \\"«1 listen, U'KOVISIO^AL PIKK( TOi.S : The J'l'ovitfional l'irt:ctor» of the Aveocigtion (uuiil thu i iVv Crcueiul Mettipg of Sitiirt-hoidirs bball huvu Ucn liela; vi 1 be :•— / J, Ci MeKtirow City d George 11. I^isford (</Ci>L>ph Suunders Wftkara „ . . ' . H. liobinson PoriruaJ i . • • Frank Smith Koraru .. •• llobcrt G^nep J. Oi 1 fttQhelav Patocrston North ...■ J Ci l l t,J l0 " ... } ID. Buick FtiUllng ... ... J.dohiifcon Waiiubapa, Fvathfrpt^n . . . . ColenißP r hi lips Jfuiu&uuiga ).:)ni Martin, jun. n . \V. Nv. .Vc'inie Pahiavna .. •• i honms Miller \vjeu)'|je Whitcomle Wkbt Coa9t. Fordi-11 .. •■ James W Bilker Cauipklltown.. .. Henry Banson >VttverU-y .. •• (.u-oigi; b. JJutlgo With powi-r lo aild to thdr wuutber. SOLICITORS : Messrs Slenteath & Staveley, Lambton tumy, Weliiugion. PROVISIONAL SECBETABY Alexander Jardine, TEMPOIiAUY,; OFFICE I« in Cußtorahouse quay (National Mntaa. |WniiiliugH) t in tho Ci!y of Wellington. STIATIP.'.-.BOKERr:: Meat '» T. KeoueAy Nf acilonald & Co. REASONS rrm f !».B FORMATION OF THE ASSOCIATION. 1. The successful results achieved by co-operatiou in other countries, and in New Zealand, notably by " The Farmers' Co-operative Asoociation oi Canterbury (Ld.)" 2. The obvious advantage of an Agency of which the subscribing producer or consumer shall he not merely client but proprietor. These and other considerations have induced the promoters to invite subscription!) from the [übiiu in town and country. ADVANTAGES OP THE ASSOggs OIATION. The Aisociation ia projected at the instance of farmers and producers generally, in order to seiuroto (bom by 00-operation the benefits of interchange .which ba"e liHu-rtt-gone to the merchant or distributor alone. By co«operati n ii» thw fornjation of the Association Lho farmers, tho dairyman, the frnitgiowcr, the sawmiller and flaxmi ler, the woolgrower, other producers, and the sharehoders fleueiHlly may wl ilieir produce imd buy what they sovera'ly connuine in the most lavouiable markets. The profits of tho Association after payment of expeust-s will belong to and be distributed amongst the nhareholuers. Subscribers will thus obtain for the lull market valne in the markets of tho world, Bubject only to payment of expenses and a oertain fixed percentage in order to enable the Association to pay a dividend not exceeding seven per oent, on capital. On the other hand they will obtain tfoods at w ho! t sale prices. The AußOoiatiou will ooileot and supply to shareholders pron-pfc and d siuterested information u» to the state of and u<l vantages ollVrcil \y the various njariiuU Lhroughout the world. 'the Assoeirtti' n will ses k to aliy itself with other kindred incautious. nud so by sharing tho oo>t of Hg-eucy in Ho'.nß and Puioign rnai ke s i ttduce co»t, *" :«Ke iucrousiiig efficiency to bhari '..il.'crs. 'Jb" pvofits of the Arßi'Ciation. after |*ayuumi. lo »hari:holf!piH oi a divideni not «*xct«*iin)^ 7 per crntuni upon tl»" nniount of ili^ pi.id up cApi:*!. will be divided ranoDgst the bhareholders nccordin.,' to the amount of bufiness done by each or otherwise as may be from time to time by a majority of shareholders at any goneral mooting ileterLuh.cd.