PROSPECTUS UF. Wl>T COAST FARMERS 1 CO-OPEHATIVE ASSOCIATION 'Lnirrm') To be incorporated under the provi. sions of •• The Companies Act, 1882." CAPITAL,— £830,000 in 40,000 Shares of £5 each, with power to increase. TTIBST ISSUE of 20,000 Shares -D are offered for subscription, in respect of which it is only proposed to call up 25b per Share, payable as follows, viz. :— 5s on application, os on allotment, and the balance up to 25s per Share in calls of 5s per Share, to be made at intervals of not less thnn 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 sul scribed for. In allotting Shares regard will be had to priority of application. Temporary Office . WANGANUI. PROVISIONAL DIRECTORS Wanoanui.— Hon. John Bryce, Messrs T. Higgie, E. E. Fletcher, H. N. Hnn-lsou, Alex. HteßJe... Wavewjsy.— -Messrs W. Wilson, G. Death. James Aitken, Walter Byrnes, Duncan McDonald. Muiton & Bulls.— Messrs John W. Marshall, Donald Fvaser, Geofirey Potts. I avid Scott, John McKelvio, John T Dalrymple, A. Cruielwlwmlv, W. A. Keiller, Arthur Amon, James Howard, James O. Lilly, Alfred Ross Fru-diw & Halcombe.— Major F. Moore, Messrs Albert H. Finnis, Charles Fitsdlerbert, H. L. Sherwill, Lewis 8. Browne, Walter Johnstono. W. A. L- Bailey, J-hn Pollock, William Mills, Owen PleaBants, H. Jacobs, J B. Johnstoue, Alex, Bell, D, G. Eiddiford, Robert Linton, . Palmebbton Nouth. — Messrs William Coombs, John Cotter, Richard O. E. Carey, Peter Stewart, G. Remington Jones, A. Unwell, Edward John Armstrong. Sandon and Cabnabvon.-- Messrs J. A. Bailey, James Bull, Robert B MoKenzie, Alex. McDonell, 'lorn MoKenzie, B. B. Penny. Henry Hammond, Duncan D MoKonzie. BANKERS The Bank of New South Wales. SOLICITOR: Mr T. R. Cash, High Street, Marton. MANAGER : To be appointed after first meeting of Shnreholders. SECRETARY : (Pro tern) Mr Walter Smail, Wanoanui. BROKER : Mr John Stevens, Bulls. SEASONS FOR FORMATION OF THE ASSOCIATION. I.— The obvious necessity that farmers and all other producers, resident on the West Coast of the North Island of New Zeeland, shomd bo able to dispose of their wool, frozen meat, grain, dairy produce, flax, fruit, and any other products nt greatly reduced rates of commission, and be able to purchase all farm und statiou requirements at cost price, pins actual expenses. 2. The successful resuli s achieved liy Co-operative Associations in other countries and in other parts of New Zealand—notably, by the Farmers 1 <Jo-Operafciv9 Association m Canterbury. OBJECrS OF THE ASSOCIATION. The Association is established for the puvpose of carrying on the business of ft Cooperative Association in all its branches, Wii -insr the direct importation and supply of •fiirm and other stati- n r quiwt^a, ftndthe Memorandum and Art dee of Association will enable the Association, 1. To purchase, I'fl'P, fschange, hire, or otherwi -e noquirn *md construct a»y land, bniWinps. worehouses for the Btoi»ge of wool. »rain, and produce of every description sale-yards, railway sidings, machinpry. a'l nectssarv phtm. stork-in-tvade, merchandise, ai d all f-ucli .o'her reft' and persona? property as by the directors for the ime biitg shalt be deemed neoeas..ry or con venient for carrying on the busiest •f the Association. 2.— Toeoll either \y public auction «r by pvivate contract, live itocl)
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Manawatu Herald, Volume III, Issue III, 17 October 1891, Page 4
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546Page 4 Advertisements Column 1 Manawatu Herald, Volume III, Issue III, 17 October 1891, Page 4
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