Page 4 Advertisements Column 1

Manawatu Herald, 9 July 1891, Page 4

PbOSPECTUS OF mHE CO-OPERATIVE and FARX » MER8 1 ALLIANCE OF NEW ZBALAKD (Limited). 2?e bt Incorporated under the Provisions Ot " The Companies Act, 1882." . CAPITAL fkt aomiaal capita' of the Association will be £250,000 in 50,000 shares of £6 each, payab c as follows, viz : — 8s 6d on application, 5s on a: otment, and the remainder in Ca Is not exceeding 5s per Share, at intervals of not less than three months. It is not expected that more than £1 per share wi 1 be necessary. NAME: The name of the AsFociaticn-vrinbe "The Co-operative and Farmers' Alliance of New Zea and (Limited)," and the REGISTEKED' OFFICE , w of the Company will bo in the City of Wellington. PBOVISIONAL DIRECTORS: The Provisional Directors of the AB&ooia* tlon (until the first General Meeting of Shareholders shall have been held) Wellington. f.T. C. MoKerrow GUy „ . . . . . \ George H. Luxford (Joseph Saunters Mttara . . • ■ '■'•' H - Robinson S*QIiTJ% t . • ■ Frank Smith * Manawatu. ■Ktftra tt .. Robert Gardner ■ (.1. O. I atchelar _ , VT .. Joseph Beale PaUnweton North ... jj^ Bell (D. Buick Tiilding ... ... J. Johnson WAIIURArA. FMthtrnton .. .. Oolfmnn Phillips ParuftMPga •• •• John Martin, ]un. . f D. Carman MMtOrtott .. •••, John Cumeron /Duncan Puckle „ „ I W. W. McCardle Pthlatua „ •• (Thomas Miller I George Whitcomb* West Coast. Vordell .. •• James \V. Baker Cwnubelltown.. .. Henry Sanaon Vaverlt-y .. -• George S. Bridge With power to add to their wumber. SOLICITORS : Ifetira Mentflath . * Stave' ey, Lambton quay, Wellington. PBOVISIONAL SECRETARY Alexander Jardine. TEMPORARY OFFICE IltoCttitomhouaequay (National Mutual Buildings), in the City of Wellington. BHAREBROKER9 : . Messrs T, Kennedy Macdonald & Co. i BEASONS FOH THE FORMATION OF THE ASSOCIATION. 1. The successful results achieved by co-oppraHon in rtlier countries.' and in New Zoila d, notably by «« The Farmers' C-o-operame 'Association of Canterbury (lid.)" 2. The nb\w »R a«l vantage of an Agency of which the aubscribinp pro<l»cer or consumer sliall be not uerely client bnt proprietor. The-a am' other considerations have mduo'-d tlo p-omoters to invite luhscrip ions fvun the public in towaaudcoaut.y. ADVANTAGES OF THE ASSOOIATION. The Association is. projected at the instance of farm ph and products generally, in order to secure to |h«m by 00-operatibn the benefits of ' interchange which have hitherto gone io the merchant or distributor By co-operation m the : f )rmation of the Association the farmers,' the' dairyman, the fruitgrower; the saw* miller and flaxmi ler, ITie woolgrowe*. •ther producers, aud the shareho'dera ' generally may sell their produce and Buy what they seyeri'ly consume in tbe most favourable markets. The profits of the Association after payment of expenses will belong to and he distributed amongst the .gharenolders. Subscribers will thus obtain for produce the iull market valhe in the markets ot the world, axbject only to payment of expenses 1 v and a certain fixed percentage in order to enable the Association to pay a dividend not exceeding seven per cent, on capital. On the other hand they will obtain goods at who' sale prices. The Association will co lect and tupply to shareholders j-rqm.pt aud d Binter'Sted infornnui m ns to the •tate of and advimw^is offered ■by the variouj utar a-to -ut- mahout t c Wt>rl<i. • ■...(.-, „ Tb.« Aggoii iti n will sn<-k to. ally itself with other kin It-oil instiiutionH, and so by shar ng the c >st of agency ki Home and Foieign marke's reduco Ot>*t, while increasi ig eliicieucy to Shareholders. The profits of the A-soclition, eifcerpaymenfc to shareh A lers of a dividend not Axcoe imy; 7 per centum upon the amount of the paid up oapi al, will be divided amongst the shareholders -according to the amount of business done by each or otherwise as may be from time to time by a majority of shareholders at any genera^ meeting determined.