PROSPECTUS 111 il W! ; ! T COAST FARMERS' < 0-01 ERATIVE ASSOCIATION (Limited.) To hn incorporated under the provision?! of 'The Co&ipanios Act, 1t82." CAPITAL,— £200,000 in 40,000 Shares of £5 each, with power to increase. TpIRST ISSUE of 20,000 Shares -• iiro ottered lor subscription, in refipf t yf wl.ieli it ia only proposed to call up Ca \-(-l- Share, payable as follows, -viz. : — SB on application, 6s on nil imenfr, and the balance up to 2.3s per iShare in calls of 6s prr Sbare, to be made at intervals of not Ips< ilian three months. The balance of 75a • er Share will remain as a reserve of uncalled capital. It in not proposed to register the Association riiuil at least 4000 Shades a.ro Bubßfrinr.d for. In allotting {Share* vf-'j>av<l wi'lbehadto priority of itpplicai.ou. Temporary Ofoce . WANGANUI. PROVISIONAL DIRECTORS: W/noantji — Hon. John Bryce, Jtars T. Eijjgie. & E. Fletcher, H N. Harrison, Alex Uiguie. Waverley. — Messrs W. Wilson, G. Death. Jntnes Aitkm, Walter Symes, Duncan McDonald. Mauton & Bulls.— Messrs John W. Marshall, Donald Fraser, Geoffrey Potts. ! avid Scott, John McKelvie, John T. Dalrymple, A. Oruickshank, W. A. Keiller, Arthur Am on, James Howard, James O. Lilly, Alfred Ross FErLDiNG & Halcombe. — Major F. Moore, Messrs Albert H. Finnis, Chavleg FitzHerbert, H. L. Sherwill, Lewis 8' Browi;e, Walter John-tone. W. A. L. Bailey, J< hn Pollock, William Mills, Owen Pleasants, H Jacobs. J R, Job,«*toue, Alex. Bell, D. G. Riddifoid, Robert Linton, Palmjskston No th.— Messrs William Coombs, John Cotter, Richard O. E. Caioy, Peter Stewart, G. Remingtou Jones, A. Russell, Edward John Armstrong Wandon and Carnarvon.— Mpssrs J. A. jJailoy, JaineH Hull, Robert B McKeuzic, Alex, McDonell, 'loin MoKenzie, B S. I envy. Henry Hauimoud, Dum-un D. M(-Konzie. BANKERS : ! Th>- B.iuk of New South Wales. | SOLICITOR : Mr T. 1. On-!!, High Street, Mavton. itIANAGKB j To ba i.\nj:ointed after flr-st meeting of Bli'iveholdera, S:;Oii.J-:TAIiY : (Pro im) Mr Waller Smuil, Wansjanui, BROKE:.' : Mr John Stevens, Bulls. LEASOSB FOR FORMATION OF THE ASSOCIATION. I.— The obvious necessity that farmers and all other producers, resident on tlie.Weßfc Coast of the North Island of New Zeeland, Shou.ld be • able to dispose of their wool, frozen meat, grain, dairy produce, flax, fruit, and any other products at greatly reduced rates of .oommis-" sion. and be able to purchase all farm and station requirements at cost price, less actual expenses. 2 — The successful results achieved by Cooperative Associations in other (usuries and in other parts of New Zoa'nufl— notably, by the Farmers' i o-Ojjerative Association in Canterbury. OBJECTS OF THE ASSOCIATION. The Association is established for tho purpose of carrying on the business of a Cooperative Association in all its branches, incluiling the direct importation and supply oi farm tuul other station requisites, a- id the .Memorandum and Articles of Association will enable the Associa ; ion, 1. — J ±o \ urchase, lease, oxchnngp, hire, or otliervvise acquire and construct, su'y html, buildings, warehouses Fcr Uio h: of ago of wool, firaii^ and pro 1 tee of every description, sale-vsivds, vaiiwny sidings, macliiuerv, a! necessary phuit. 1 stbc,k-in-uaJ?, liHi-ohiimiise, ami all fcuch ohm- v;:' ami per.-oiia' property na by flio tiirocturs lor the sinie bei. g i plial bi> (KoVuctl mc?GS-uiryor convtsiii.:iit '«>r cairying on tho business of ilie Association. 2. — To sell oiiiirr ' y public ano-' tion or .'}• iriv.'it-- ibiilnicu. live stock
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Manawatu Herald, Volume III, Issue III, 6 August 1891, Page 4
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551Page 4 Advertisements Column 1 Manawatu Herald, Volume III, Issue III, 6 August 1891, Page 4
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