Page 4 Advertisements Column 1

Manawatu Herald, Volume III, Issue III, 19 September 1891, Page 4

PROSPECTUS oy THE WEST COAST FABMEBS' CO-OPEEATIVE ASSOCIATION (Limited.) To be incorporated unuer the provisions of " The Couipanieb Act, 1882." CAPITAL — £200,000 in 40,000 Shares of £5 each, with i-ower to increase. TPIRST ISSUE of 20,000 Shares JJ are offered for subscription, in respect of which it is only protoaf d to call up 25s per Sharo, pnynble as follows, viz. : — 5s on application, 5s on allotment, and the balance up to 25s per Share in calls of 6s per Share, to bo made at intervals of not losh thiiii three months. The balance of 7Ss \ er Shnre will remain as a reserve of nncal'ed capital. It is not proposed to register the Association uu lit at least 4000 Shares are su 1 scribed for. In allotting Shares regard wi lbe had to j riority of application. Ten porßry Office - WANGANUI. PBOVISIONAL DIEECTOES Wakoantji — Hon. John Kryce, Messrs T. Higgie, K. E. Fletcher, H. N. Harrison, Alex l!ig«ie. Wavi:«ley.— Messrs W. Wilson, G. Death. James Aitkrn, Walter Byrnes, Duncan McDonald. Maiiton & Bulls.— Mes-srs Johu W. Marshall, Donald Fraser, Geoffrey Potts. 1 avid Scott, Joim McKelvie, John T. Dalrymple, A. Cruickshnnk, W. A. Keiller, Arthur Amon, James Howard, James O. Lilly, Alfred Boss Fkilding & Halcojhjb. — Major F. Moore, Messrs Albert H. Finnis, Charles Fit/Herbert, H. L. Sherwill, Lewis S. Browno, Walter Jolmßtone, W. A. L. Bailey, J-lm Pollock, William Mills, Owen PleaBants, H. Jacobs, J E. Johnutone, Alex. Bell, D. G. Eiddiford, Robert Linton. Palmebston Noi.th.— Messrs William Coomb?, John Cotlor, Kichard O. E. Carey, Peter Stowart, G. Bomiugton Jones, A. Kussell, Edward John Armstrong. Sandon and Carnarvon.— Messrs J, A. Bailey, James Hull, Eoberfc B McKenzie, Alex. McDonel!, '!«m McKenzie, B 8. Kenny, I'enry Hammond, Duncan D MeKenjue, BANKERS The Bank of New South Wales. SOLIOITOR : Mr T. R. Cash, High Street, Mavton. MANAGER.: To be appointed after first meeting of Shareholders. SECRETARY : {Pro tern) Mr Walter Smail, Wan{ranui. BROKER : Mv John Stevens, Bulls. REASONS FOR FORMATION OF THE ASSOCIATION. I.— The obvious necessity that farmers and all other producers, resident o:> the West Const of the North Inland of New Zee'aml, should be able to dispose of their wool, frozen meat, grain, dairy produce, flax, fruit, aud any other products at greatly reduced rates of commission, and be able to purchase all farm aud station requirements at cost price, plus actual ex, enses. 2. — The successful rosul s achieved by Co-operative Associations in other countries and in other parts of New Zeaiaml-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, inc'iv'in^ the direct importation and supply of iarm and other station r quisites, a d the Memorandum and Art cles of Association will enable the Association, 1. — To purchase, lease, exchange, hire, or otherwise acquire and construct any lanri, buildings, warehouses fcr the stomg' of wool, "rain, and produce of every description, sale-yards, railway sidings, machinery, a:l necessary plant, stock-in-trade, merchandise, and all *uch other real and personal property as by the directors for the ime bei g ■iiall.be deemed n«.-cea*.ry or con tenient for earning on the business of the Association. 8, -To -Mil either by publio auclion or by i»rlv»<« eentwu. Hva ntflok