Page 4 Advertisements Column 1

Manawatu Herald, Volume III, Issue III, 21 July 1891, Page 4

PROSPECTUS Qt mHE CO-OPERATIVE axd FARX MERS' ALLIANCE OF NEW ZEALAND (Limited). To be Incorporated under the of " The Coiuj-'ftnios Act, 188 LV CAPITAL The nominal capita cf tbe Association will bf £250.000 in 50.000 slums of if 1 6 each, pojab c as follows, \iz :— 2« Gd on application. ssr on a olment, and the vuiiaimkr in Ca In not excetding fii- pi-r . v l.urc, ay inunals of not lfchß tl.nn tliietMiiomhs. It is not a> picted that more than HI per rlwwj m 1 be jneetsbarj-, NAME: Tbenci.cof ihe ' sFociation will be "The Co^oporaiive and i-aimciß' Alliance of Mtw Zta and (Limittd)," and the ETGLSTERED OFFICE of the CVnirnny will b«» in the City of Wellington. PROVISIONAL DIBECTOHS s * The T'ro\iFionßl Pirectov» of the A^sociation (until the (rut General Meeting oi Shareholder? shall Lave been ht-Ju) wi i bt- ; — V eixikotok. : fJ, C. McKwrow City J Oeorgi- H. Lnxfovd (joKiph . v av.nderß Wakara .. .. '• . H. Bobinoon Poriiua . . . . Frank Smith Maxawatu, Kercra .. •• Bohert Pwrdner .1. O. I fliohelar r , , XT „ JoßMjh Bcale foluicrston North «- ■ James l'«li D. Buick Feilding J. Johnson Waibaiupa. Fpafhnrpton .. .. CoWnn T 'hl'Urs Puinatunßa .. .. John Martin, jun. , /"Dnncan Pnckle to .. , JW. W McCardle' Pahiatua .. •■j-ihomaR -Miller ' George Whitcorobe West Coast. Fonlc'l . . . . Jamt'R W Baker Cfttnph- lltown . . „ Il'nry finnson "Wftvwlfjr . . . . Gpoi-rp S. Bridge With powr to add to their wr.nil.or. SOLICITORS : Messrs Mentrath fr RtavrVy, Lambton quay, Wellington. TBOVISIONAL SECRETARY Alexander Jardine, TEMPORARY OFFICE Jl in Customhouse quay (National Mutual Baildtogß), In the City of Wellington. SHAREBROKERS : Messrs T. Kennedy Macdonald & Co. REASONS FOR THE FORMATION OF THE ASSOCIATION, 1. The Ruccf ssful rmilta achieved J)y cooperation in »>tlier o >untries, and in New Zoalai d, notably by ♦ Tli« Fnrvn^b' Cn-opernrive Asjooiation of Canterbury (l.d,) M 2. The nbv) ms advantage of an Aijenoy of which the Bubscribing podiioer or consumer shall be not wernlv client but proprlptnr, The c an^ other con«lderatlons have indued tln> pvomoters toinvito pubs ri|i ion-- Iroui the public hi town and coautry, advantagesTf the asso. CIATION. The Association is j.roje<'ted at the iustauce of farmers aud producers generally, in order to se:ure to I iem by co-operation the benefits of interchange which have, hitherto goue io the merchant or distributor atone. By co-operation in the formation of the Association the farmers, the dairyman, the fruitgrower; the sawmiller and flaxmiler, the woolgrower. other producers, and the shareho'ders generally may se'l their produce and buy what they severa'ly consume in the most favourable markets. The profits of the Association after payment of expenses will belong to and be distributed amongst the •hareh 'lders. Subscribers will thus obtain for produce the full market value in the markets of the world, subject only to payment, of expenses. aud 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 wholesale prices. The Association will collect and supply to shareholders •"m-ompr. and disinterested ihforrmuii n os to the state of and advantages offered bj' the various markets lluuu^hout the world. The Association will soi-k to aliy tself with other kindred institutions, and so by sharing the cost of ngeticy in Home andFoieign markeis reduce coat, wbilo increasing efficieucy to Shareholders. The profits of the Association, afterpayment to shareholders of a dividtn i not exceeding 7 per centum upon tlie amount «f the paid up cApi al, will be divided amongst the Blmfeholders according to the amount Of business due by each or otherwise as may be from time to time by a majority f*f shareholders at any g«ntral tarfoting dtUruii»«Ui