Page 4 Advertisements Column 1

Manawatu Herald, Volume III, Issue III, 20 August 1891, Page 4

PROSPECTUS

OF THE WEST COAST FARMERS' CO-OIERATIVE ASSOCIA- » TION (Liotteii.) To be incorporated under the provisions of "The Companies Act, 1882." CAPITAL,— £200,000 in 40,000 Shares of £5 each, v/ith power to increase. TJIBST ISSUE of 20,000 Shares -L 1 are offered lor subscription, in respect of which it is only proposed to call up 25s per Share, payable as follows, viz. : — 5a on application, 5s on nllotment, and the balance up to 25s per Share in calls of 6s per Share, to be made at intervals of not Ipss than three months. The balance of 75s rer Shm-e will remain as a reserve of uncalled capital. It is not proposed to register the Association until at leaßt 4000 Shaies tiro bul scribed for. In allotting Shares regard will be had to priority of application. Temporary Office • WANGANttt, PROVISIONAL DIRECTORS: Wanganui.— Hon. John Bryce, Item-B T. Higgie. R. E. Fletcner, H, N. Harrisou, Alex lliffffie. "Wayerlby.— Messrs W. Wilson, G. Death. James Aitken, Walter Syvnes, Duncan McDonald. Marton & Bulls.— Messrs John W. Marnhall, Donald Fraser, Geoffrey Potts, i avid Scott, Johu McKe'lvie, John T. Dalrymple, A. Cruickshank, W. A. Keiller, Arthur Amon, James Fioward, James O. Lilly, Alfred Robs Feilding & Halcombe. — Major F Moore, Messrs Albert H. Finnis, Charles FitzHerbert, H. L. SherAvill, Lewis S. Browtio, Walter Johnstone, W. A. L. Bailey, John Tollook, William Mills, Owen Pleananlß, 11. Jacobß, J. R. Johnstone, Alex. Bell, D. G. Bidaiford, Robert Lintpn, Palmebston No" th. — Messrs William Coombs, John Cotter, Richard O. E. Oarey, Peter Stewart, G. Reroington Juueg, A. ftussell, Edward John Armstroug. Sandc* and Carnahvojt.— Messrs J. A. Bailey, James Bull, Robert B MoKenzie, A l ex. McDonell, Tom MoKenziQ, B. S. J'ermy. Henry Jtiamnjoud, Duncan D. McKenzie. BANKERS : The Bank of New South Wales. SOLICITOR: Mr T. R. Cash, High Street, Marton. MANAGER : To bo appointed after first meeting of Shareholders. SECRETARY : {Pro torn) Mr Walter Smail, Wan- . ganui. BROKER : Mr John Stevens, Bulls. REASONS FOR FORMATION OF THE ASSOCIATION. I.— The obvious necessity that farmers and all other producers, resident o:i 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, plus actual expenses. 2. — The successful results achieved by Co-operative Association in other countries and in other parts of New Zealand—notably, by the Farmers' 00-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 iarnv and other station requisites, aud the Memorandum and Articles of Association will euablo the AssociatioD, 1. — i'o jH'tohase, lease, exchange, hire, ot otiitrwise acquire and construct a»y land, buildings, warehomes for the storage of wool, grain, and.. Produce of every description, aale^yards, railway sidings, machinery, all newspary plant, stock-in-trade, merchandise, and rII such Other real and pei'sonal 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 l-y public auction or by i-vivate contract live stock