Page 3 Advertisements Column 3

Manawatu Herald, Volume III, Issue III, 4 August 1891, Page 3

PROSPECTUS OP THE WEST COAST FARMERS' CO-OPERATIVE ASSOCIATION (Limited.) To be incorporated under the provi. sions of " The Companies Aot, 1882." CAPITAL,— £200,000 in 40,000 Shares of £5 eaoh, with power to increase, TPIRST ISSUE of 20,000 Shares -L 1 are offered for subscription, in respect of which it is only proposed to call up 25s per Share, payable as follows, viz. : — 5s on application, 6s on allotment, and the balance up to 25s per Share in calls of 5s per Share, to be made at intervals of not less than three months. The balance of 75s per Share will remain as a reserve of uncalled capital. It is not proposed to register the Association until at least 4000 Shares are subscribed for. In allotting Shares regard will be had to priority of application. Temporary Office . WANGANUI. PROVISIONAL DIRECTORS : Wangantti. — Hon. John Bryce, Messrs T. Higgie., E. E. Fletcher, H. N. Harrison, Alex. Higgie. Waveuley. — Messrs W. Wilson, G. Death. James Aitken, Walter Symes, Duncan McDonald. Marton & Bulls. — Messrs John W. Marshall, Donald Fraser, Geoffrey Potts. Uavid Scott, John McKelvie, John T. Dalrymple, A. Cruiokshank, W. A. Keiller, Arthur Amon, James Howard, James O. Lilly, Alfred Ross Feilding & Halcombe. — Major F. Moore, Messrs Albert H. Finnis, Charles FitzHerbert, H. L. Sberwill, Lewis S. Browne, Walter Johnstone, W. A. L. Bailey, John Pollock, William Mills, Owen PleaBants, H. Jacobs, J. R. Johnstone, Alex. Bell, D. G. Riddiford, Robert Linton. Palmerston North. — Messrs William Coombs, John Cotter, Richard O. E. Carey, Peter Stewart, G. Remington Jones, A. ICussell, Edward John Armstrong. Sandon and Carnarvon. — Messrs J. A. Bailey, James Bull, Robert B. MoKenzie, 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 : (Projtm) Mr Walter Smail, Wanganui. BROKER: Mr John Stevens, Bulls. SEASONS FOB FORMATION OF THE ASSOCIATION. 1. — 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 produce, flax, fruit, and any other products at greatly reduced rates of commission, and be able to purchase all farm and station requirements at oost price, less actual expenses. ; 2. — The successful results achieved 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 I.— To purchase, lease, exohange, hire, or otherwise acquire and construct any land, buildings, warehouses for 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 necessary or convenient for carrying on the business of the Association. . 2.— To sell either by public auction or by private contract, live stock