Page 3 Advertisements Column 4

Manawatu Herald, Volume III, Issue III, 30 July 1891, Page 3

PROSPECTUS OP THE TTOT COAST FARMERS' CO-OPERATIVE ASSOCIATION (Limited.) To be incorporated under the provisions of "Tho Companies Act, 1862." CAPITAL,-^ £200,000 in 40,000 Shares of £5 eaoh, with poA'er to increase. FIRST ISSUE of 20,000 Shares are offered tor subscription, inrespect of which it. is only proposed to call up 25s per Share* payable as follows, viz. : — Os on application*, 5s on allotment, and the balance up to 25s per Share in calls of 5s per Share, to be made at intervals of not lee* th.*iu three 'months. The balance of 75s 1 er Share will remain as a reserve of nucaredcapilal. J It is not proposed to register. the .Association until at least 4000.' Shares are- su 1 * scribed for. Iv allotting Shares regard wi Ibe had to priority of application. . Temporary Offico - WANGANUI. PROVISIONAL DIRECTORS: Wanganui. — Hon. John Bryce, Messrs T. Higgie, E*. E. Fletcher, H.N. Harrison, Alox Hig_-ie. Waverley — Messrs W. Wilson, G. Death. James Aitken, Walter Syraes, Du* can McDonald. Marton & Bulls.— Mossrs John W. Marshall, Donald Fraser, Geoffrey Potts ! avid Scott, John McKelvio,. John T. Dalrymple, A. Cruickshank, W. A. Keiller, Arthur Amon, James Howard, James O, Lilly, Alfred Ross Feilding & Halcomhe. — Major F Moore, Messrs Albert H. Finnis, Charles Fitzllerbort, H. L. Slierwill, Lewis S Browno, Walter Johnstone, W. A..L. Bailey, J-hh Pollock, William Mills', Owen Pleasants, H. Jacobs, J R. Johnstone, Alex. Bell, D. G. Riddiford, Robert Linton. Palmebstox Noith. — Messrs Wil- , liam Coombs, Johu Cotter, Richard O. E. Carey, Peter Stewart, G. Re- ' mington Jones," A. Russell, Edfyftr'd" Jhhu Armstrong. tiAwpojs; axq. Oabnabvon - .- — Messrs-' J. A. Bailey, James Bull, Robert B McKeazie, Alex. McDonell, Toni McKenzie, B. S. Penny, Henry* Hammond, Duncan D. McKenzie.' BANKERS : The Bank of New South Wales. SOLICITOR: Mr T. R. Cash,- High Street, Marton. MANAGER: To be appointed after first meeting of Shareholders. SECRETARY : (Pro tern) Mr Walter Smail, Wanganui. BROKE ll: Mr John Stevens, Bulls. REASONS FOR FORMATION OF TBE ASSOCIATION. I.— The .obvious necessity that farmers and all othei* producers, resident on the West Coast of the ISorth Island of New Zeeland, should be able to dispose of their wool, frozen meat, grain, dairy produce, flax, fruit, and any other products at greatly reduced rates of commis.-,'. sion, and be able to purchase all farm and station requirements afts cost price, less actual expenses. 2. — Thesuccessfnl results achieyejiby Co-operative Associations in other, countries and in other parts of New Zealand— .notably, by the Farmers" Co-Operative Association in Can tier-" bury. OBJECTS OF THE ASSOCIATION. The Association is established for the purpose of carrying on the business of a Co -Operative Association in all its branches, including the direct importation and supply of farm and other station requisites, aud the. Memorandum and Articles of Association will enable the Association, 1 , 1. — To purchase, lease, exchange, hire, or otherwise acquire arid construct any land, buildings, warehouses fcr the storage of wool, grain, and produce of pvery description, sale-yards, railway sidings, machinery, all necessary plant, stock-in-trade, merchandise, aud all such other real and personal property as by the directors ior the time being shall be deemed necessary or convenient, for carrying on the business' of the Association. 2.—TO sell' either by public auctioq or by private contract, live stock