Page 4 Advertisements Column 1

Manawatu Herald, Volume III, Issue III, 11 July 1891, Page 4

PROSPECTUS OF rpHE CO-OPERATIVE and PARJ. MERS' ALLIANCE OF NEW ZEALAND (Limited). Tt bft Incorporated under the Provisions of "Tb 9 jOompanies Aot, 1882;" . CAPITAL . . % . Th* amnlnai capita l nf fthe Aaßooiation vill he £250.000 in 50.000 shares of tS each, payab c an follows, viz ,:— 2p ftd on application, f>B ; on aVotment, apfl the ron»ainder in Ca^'not'ezeeeding 6* per Share, at intervals of not Itw than three months. It is not exy>r>o'p<\ that more than £1 per share wi 1 be necessary. % NAME : The name of the Awnpiation will he " The % rnvftrtprnh've nnd Farmers' Alliance of New Zca and (Limited)," and the * REGISTERED OFFICE c* Company will h« in thrjCity o f Wellington. PROVISIONAL DIRECTORS: The Provisional Directors of the Association fanii] the first General Meeting of Shareholders shall have been held) will be:- /„_ r Welunoton. J ;V,. (T. C. McKerrow City t . . . . . ] fteorpe H. Lnxford t ( Jpspph Paunders J ' Malcara ..'' .. T. tf/Rqhffflon , Porlrua . . -■> Frank Snifth • Manaw^tt. K«nra . . • • Robert Gardner ( T. O. Patehelar M^SiMi :.,:SS' 8i: ; D. Bniok \\ ■ ; Fellding J, Johnson ( " Watrabapa. .. Peatherpton „ .. Oolemnn Phillips Paraatanpa . . . . >Tohn Martin, jun. Masterton .. .. ], To ' hn a c^m leron1 eron Dnncan Puckle tuvi.^. w - w « MoCardle fjj.i«M •• »•■ Thomas Miller I George Whitoomt* Webt Coast. Foretell • . . . James W. Baket, Campbdltown.. .. Henry Sanaon Wftverley . . . . George S. Bridge "With power to add to their wumber. SOLICITORS : Hum Menteath & Stave'ey, Lambtpn quay/ Wellington. PROVISIONAL SECRETARY Alexander Jardine. TEMPORARY OFFICE J| Io Cantomhouse qway (National Mutual Buildings), in the City of Wellington. bhArebrokers t .-.;■.• Maun T. Kennedy Maodonald & Co. i MASONS FOR THE FORMATION OF THE ASSOCIATION. 1. The pnccfßflful results aoh'ever 1 by 00-oppra*ion in other countries. **rt in New Zoaland, notably b\ ♦ The FfiHnprs' Tn-operarive AsdOciation of Canterbury (Ld.)" . ( .2. The nbvi'Mis ad vantage of. ar Agency of which the Robscribinf? ■prod«cer or consumer shall be no* xfl«r«»lv client hnt proprietor. The^e an<^ other considerationp ' have induced t v e p v omoters to invite, BubßCrip'iona from t|ie public , iii town and countiy. ADVANTAGES OF THE ASSOCIATION; , 4 '-. The Associntion^ is projected at the instance of fafnjifi?' and -producers generally, in order to senire tn V mi hy co-pperation the j^enejits of ■ interchange whldh ■ have -''hifchferttf 1 gone to the merchaiit^br 7 dtsVribu'tbr alone. . # . , r By co-operation in" the fiirmatibn. of the Association the 'farmers, ,"' th^ 1 dairyman, the fruitgnw«r,"the t; s4W- : miller and flaxmiler. fhewnolgrower. •the^ producers, and* theShkrftho'derF srenernlly mny sell thpir produce and' buy what they Bevera'ly-cpn.sunie in the most favourable markets. - ' The profitßof the Association after payment of expenses will belong to »nd be distributed amongst the Ahftittholders. Subscribers will thua obtain for produce the full market Yatne in the markets of the world, •nbjeet only to payment of expenses and a certain fixed] percentage in order to enable the Asapciation to pay a dividend not exceeding BeVen per cent, on capital; On the other hand they will obtain goods at who'osale prides. • " The Association will co'lect and Jupply to shareholder^ prompt and dsinter^sted information ja to th<* atat* of and advantages offered My the yariouß markets tlirougbout thp tWoria. The Association will seek to al|\ fltttlt with other kindred instimtions, and 80 by sharing the cost of agency &l Home and Foreign majltp'^rediao' Ooat, while increasing efficiency 1p SHareheldera. The profits of the A c Bncuition. after payment to shareholftefe '. of a dividend not exceeding 7'per'centum tipon the amount of the piiid up eapital, will be divided' amongst the ■ B)rareholders according to the amount of business done by each or othervise as may be f. otn time to time by a majority of shareholders aj any genera} meeting ddtormined, '*