PROSPECTUS OP THE WEST COAST FARMERS' , CO-OPERATIVE ASSOCIA--7 TION (Limited.) To be incorporated under the prpvisiousof "The Companies Act, 1882." CAPITAL,— £200,000 in 40,000 Shares of £5 ench, with power to increase. THIRST ISSUE of 20,000 Shares -*- are ofK red ior subscription, in ■ respect of which it is only proposed to call up 25s per Share, payable as follows, viz. : — 5s on application, 5s 1 on allotment, and the balance up to 25s )>er Share in calls of 5s p r Share, to bo made at intervals of not 1«"83 than three months. Tho balance of 75s ] er Share will remain as a reserve of uncalled capita. It is not proposed to register tho A ssociation until at least 4000 Shaies are subscribed for. In allotting Shares regard wilbe had to priority of application. Temporary Office - WANGANUI. PROVISIONAL DIRECTORS : Wangantji. — Hon. John Bryce, Me-ssrs T. Higgle, E. E. Fletcher, H. N. Harrison, Alex Flig-^ie. Wavebley.— Messrs W. Wilson, G. Death. James Aitken, Walter Syraes, Du> can McDonald. Marton <fc Bulls.— Messrs John W. Marshall, Donald Fraser, Geoffrey Potts. I avid Scott, Johu McKelvio, John T. Dalrymple, A. Cruickslmnk, W. A. Keiller, Arthur Amon, James Howard, James O. Lilly, Alfred Ross Feilding & Halcomije. — Major F Moore, Messrs Albert H. Finnis, Charles Fit/Herbert, H. L. Slierwill, Lewis S Browne, Walter Johnstono, W. A. L. Eailey, John Pollock, William Mills, Owen Pleasants, H. Jacobs, J. R. Johnston e, Alex. Bell, D. G. Riddiford, Robert Linton. Palmerstox Nouth. — Messrs William Coombs, John Cotter, Richard O. E. Carey, Peter Stewart, G. Remington Jones, A. Kussell, Edward John Armstrong. Sandon and Carnarvon. — Messrs J. A. Bailey, James Bull, Robert B. McKeuzie, Alex. McDonell, Tom 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 Urn) Mr Walter Smail, Wanganui, BEOKER: Mr John Stevens, Bulls. SEASONS FOR FORMATION OF THE ASSOCIATION. I.— The obvious necessity that farmers and all other producers, resident on the West Coast of the North Island of New Zeeland, should be able to dispose of their wool, frozen meat, grain, dairy pi'oduce, flax, fruit, and any other products at greatly reduced fates of oommission, and be able to purchase all farm aud station requirements at cost price, less actual expenses. » 2. — The successful results aohieved by Co-operative Associations in other countries and in other parts of New Zealand— notably, by the Farmers' Co-Operative Association in Canterbury. 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, and the Memorandum and Articles of Association will enable the Association, 1. — To purchase, lease, exchange, hire, or otherwise acquire and construct any land, buildings, warehouses fcr the storage of wool, grain, and produce of every description, sale-yards, railway sidings, machinery, all necessary plant, stock-in-trade, merchandise, and all such other real and personal property as by the directors for the time being shall be deemed neoessury or convenient for carrying on the business of the Association. 2.— To sell either by public auotion or by private contract, live stock
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Manawatu Herald, Volume III, Issue III, 1 August 1891, Page 3
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543Page 3 Advertisements Column 3 Manawatu Herald, Volume III, Issue III, 1 August 1891, Page 3
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