Page 4 Advertisements Column 1

Manawatu Herald, Volume III, Issue III, 14 July 1891, Page 4

PROSPECTUS OF rpilF. rO-OPERATTVE and FARX MEJts' ALLIANCE OF NEW 213 ALAND (Limited). To ho Incorporated tinder the Provision* of " The Companies Aot, 1682." CAPITAL The nominal capiift' of fthe Aspftciation will be £260.000 in 60.000 shores of ' » r nch, payab c as follows, viz •— . 2s fid on application, 5n on allotment, and the renwincler in Calls not exceed* ing 5r per Khar*, at intervals of not less tlwn three jnonths. It. is not ex. pectnd that rhore than -Cl" per share wi 1 be necessary, ..• .# NAME: The name of the Apsociationwillbfi "TJip Cooperative and Farmers' Alliance of New Zea and (Limited)," and the ' EF.GISTERED OFFICE of the] Company will be in the City of Wellington. rEOVISIONAL DIBECTOr.S : Tho Provisional Directors of the Association (until the tint General Meeting of Shareholders shall have been hc-ld) wi 1 be :— (J. C. McKerrow City . . . . . . \ George 11. Lnxford (Joßpph Sunnders Mal:ara '■'. U- BoWnnon Porii'un . . . . Frank Smith Masawatp. Kereru •■ „ . • Rohert Gardner 13. O. l'atchelar Pahr.aßtou.Norlh ...- jSJS' 6 ID Buick Feilding .. . ... J. Johnson Waiiubapa. Feftjherpton .. "'*,. CoWnn Phillips Puniatanga . . * ' . . «ohn Martin, jun, v«.*«v« n « fD- t'armanjj Mastciton .. •• }Johnj o hn Cameron / Duncan Puekle loluatua .. •• I'Jhomns1 'Jhomns Miller] \George Whitcombe West Coast, Fouloll .. .. James W. B-Vr-r CiYir.pbtlitovn..- .. Henry Bansc;:: Wavi'vliy .. .. George S. Br^e .-With 1 power to add to their wumber. - _ SOLICITORS : Messrs Men teatH & Staveley, Lambton { - : quay, Wellington, PROVISIONAL SECRETARY Alexapder Jardine. TEMPORARY OFFICE Is in CuPtomhouse quay (National Mutual Buildings), Jn the City of Wellington. SBAKEFROKERS t MeBBrBjT. Kennedy Macdonald <ft Co, REASONS FOR THE FORMATION OF THE ASSOCIATION. j " 1. The succi refill results nchieved by co-oppratifin in otlier cnntrieß, find in Ne^v Zonlm d, ' ofnhly by 4* The Fnrhifis' rr-opprnTi'e Ab.^o- .' oiation; of Canterbury (Id.)" " 2. The nb i l9«8 ndvantage of an Atjenoy. of wliloh tho subscribing prouder or roiiflunier shall be not mevelv ollerit bnt proprlotnv. Tlis ft twA other considerations liavo vidticfid'tl^ p omoters to invite Bubaurijiiund j^om the pnblio iv town and country. ADVANTAGES OF THE ASSO£y'\\*'. CIATION. The Association is projected at tjie instanoe of*fax ; mers and produ- .. oers generally, fn order to secure to . them by co-operation the benefits of interchange 'which have hitherto gone co the merchant or dis'ributor alone. . . By co-operation in the formation ot the Association the farmers, the 'dairyman, the fruitgrower, the sawmiller andflaxmiilor, thewoolgrower, *other producers, and the suareho'ders ' 'i^onernlly may sell their produce nnd "■* ouy^what they Bevera'ly consume in the' -most favourable markets; Tho profits of the Association after payment of expenses will belong to and bo distributed amongst the .shareholders'. Subscribers will thus r .abtnin for produce the full market value in the markets of the w->i4d, snKfect only to payment of expenses and a oertain fixed percentage in' order to enable the Asspciation to pay a dividend not exceeding seven ;, per cent, on capitnl, t. Oa- the other hand they will obtain (Vflbda at who'« sale pricpn. ' The Association will co'leot nnd supply fb shawholrtVa i-rnnp* «nd d sinter o ßfed information; a« to 4 he .•Bfa'fl of and advantaerpw ofPi-r;*! !>v tiro various mar ■ its tlirnu.hout the world. -^ .• The Asßdci*ri^n wil] se«-lc to nl'y itself- with other kindred institution?, find so by shar'ng, tho cost of apftnoy in Hoin>4nd JTi'ieifr" mnrke'R vodiio"" , cost, while inoreasi ig- efficiency to Bh'iTcholdors. — The profits of thej A^sociition. afterpayment to shareholders, of a dividend not nxceedio^ 7 per centum upon thp amount of the paid up capital, will be divided amongst the shareholders nroordin^i&the amount of business done by each or otherwise as may be from time to time by a majority of s'lar'oholders at any general meeting d.teruuued.