Ma"" »m ■ ,i -in PROSPECTUS THE WEST COAST FARMERS' CO-OIERATIVE ASSOCIATION (Limited.) To bo incorporated under the provisions of "The Companies Act, 1882," CAPITAL,— £200,000 in 40,000 Shares of £5 each, with power to increase. FIEST ISSUE of 20,000 Shares are offered ior subscription, in respect of which it is only proposed to call up 25s per Share, payable as follows, viz. : — 5s on application, 6s on nllotment, and the balance up to 25s per Share in calls of 6s per Share, to be made at intervals of not Iras than three months. The 'balance of 75s per Share will remain as a reserve of uncalled capital. It is not proposed to register the Assooiation until at least 4000 Shates are su! scribed for. In allotting Shares regard wiilbe bad to priority of application. Temporary Office . WANGANUI. PROVISIONAL DIRECTORS: Wangantji.— Hon. John Bryce, Mews T. Higgie, E. E. Fletcner, H. N. Harrison, Alex Migjiie. Wayehley.— Messrs W. Wilson, G. Death. James Aitken, Walter Symes, Duncan McDonald. Marton & Bulls.— Messrs John W. Marshall, Donald Eraser, Geofirey Potts, i avid Scott, Jolm McKelvie, John T Dalrymple, A. Cruickshank, W. A. Keiller, Arthur Amon, James Howard, James O. Lilly, Alfred Ross Feildino & Halcombe. — Major F. Moore, Messrs A'bert H. Finnis, Charles FitzHerbert, H. L. Sherwill, Lewis S- Browne, Walter Johnstone, W. A. L. Bailey, J' hn Polloofe/WilJiam Mills, Owen PleaBants, H. Jacobs, J R. Johnstone, Ales. Bell, D. G. Riddiford, Robert Linton. Palmerston No'.:th.— 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 Hull, Robert B MoKenzie, A' ex. McDonell, Tom MoKenzie, B. S. I'onny, Penry Hammoud, Duncan D. McKenzie. BANKERS The B.iuk of New South Wales. SOLICITOR : Mr T, R. Cash, High Street, Marton. MANAGER : To bo appointed after fir3t meeting of Shareholders. SECRETARY : {Pro torn) Mr Walter Simtil, "Wanganui. BROKER : Mr John Stevens, Bulls. REASONS FOR FORMATION OF TELE ASSOCIATION. I.— The obvious necessity that farmers and all other producers, resident o-i the West Coast of the North Island of New Zeelaud, should be able to dispose of their wool, frozen meat, graiu, dairy produce, flax, fruit, and any other products at greatly reduced rates of commission, aud bo able to purchase all farm and station requirements at .(sost juice, plus actual expenses. .-: 2. — The successful reaul' s achieved by Co-operative Associations in other countries and in other parts of New Zealand— notably, by the Fanners' 00-Operative Association in Canterbury. OBJECTS OF THE ASSOCIATION. The Association is established for the purpose of carry ing on the business of a Co < perative Association in »11 its branches, ir.o!u.Unjj the direct importation and supply of farm nnd other stßti'-n n-quisites, and the Memorandum uud Articles of Association will euablo tho Association, I.— -To purchase, lease, oxehangp, hire, or otherwise acquire ;;ml construct any land, buildir.gs. warebouses for tho stooge o'.'woo!, puiu, and produce of every description. sale-yards, railway sidings, machinery, all necessary plant, suulc-iii-trade, merchandise, and all kuc!i oilier real and pen>;>nni property as by tho directors ior the iime being shall be deemed ncoeswry or con venient for carrying on tlio business I of the Association. 2. —To sell either l>y public auction or by i-rivat* contract live stock
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Manawatu Herald, Volume III, Issue III, 22 August 1891, Page 4
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545Page 4 Advertisements Column 1 Manawatu Herald, Volume III, Issue III, 22 August 1891, Page 4
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