Page 4 Advertisements Column 1

Manawatu Herald, Volume III, 17 November 1891, Page 4

PROSPECTUS OF THE WEST COAST FARMERSV-CO-OPERATIVE ASSOCIATION (Limitrp.) £o be incorporated under the provisions of " The Companies Act, }882.» ' fc CAPJTAL,- - £200,000 in 40,000 Shares of £ 5 each, with power to increase. FIRST 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. :— J fa on application, 5s on allotment, and the balance up to 25a per Share in calls of 5s per Share, to be made at intervals of not less than three months, The balance of 75« per Share will remain as a reserve of uncalled capital. It is not proposed to register the Association until at least 4000 Shares are subscribed for. In allotting Shares regard will be had to priority pf application, Temporary Office • WANGANUI. PROVISIONAL DIRECTORS Wanoanui.— Hon. John Bryce, Messrs T. Higgie. E. E. Fletcher, H. N. Harrison, Alex. Biggie. Wavebley.— Mesßre W. Wilson, G. Death. James Aitken, Walter Byrnes, Duncan McDonald. Marion & Buixs,— Messrs John W. Marshall, Donald Fraser, Geoffrey Potts, 1 >avid Scott, John McKelvie, John T. Dalrymple, A. Cruickshank, W. A. Keiller, Arthur Amon, James Howard, James O. Lilly, Alfred Ross Fbujhng & Halcombe.— Major P. Moore, Messrs Albert H. Finnis, Charles FitzHerbert, H. L. Sberwill, Lewi3 8. Browne, Walter Jobnstone.W. A. L. Bailey, J;-hn Pollock, William Mills, Owen Pleasantß, H. Jacobs, J. R. Johnstone, Alex. Bell, D. G. Ridaiford, Robert Linton. _. Palmbbbton Noeth.— Messrs Wuliam Coombs, John Cotter, Richard O. E. Carey, Peter Stewart, G. Remington Jones, A. Kussell, Edward John Armstrong. Sanpon anp Cabkabvon.— Messrs J. A. Bailey, James Bull, Robert B. McKenzie, Alex. McDonell, Tom McKenzie, B. 8. Penny, Henry Hammond, Duncan D. McKenzie. BACKERS The Bank of New South Wales. SOLICITOR: Mr T. R. Cash, High Street, Marton. MANAGER : To be oppointed after first meeting of Shareholders. SECRETARY : (Pro tern) Mr Walter Smail, Wanganui. BROKER : Mr John Stevens, Bulls. REASONS FOR FORMATION OF THE ASSOCIATION. I.— The obvious necessity that farmers and all other producers, reSnton the West Coast of the North Island of New Zeeland, shou.d be «ble to dispose of their wool, frozen meat, grain, dairy produce, flax, frnit, and any other products at Rrently reduced rates of commis. ■ion, and be able to purchase all ftrm and station requirements al cost price, plus actual expenses. 2 t The successful reuul» b achievec by Co-operative Associations in othei countries and in other parts of Nev Zealand-notably, by the Farmers Co-Operative Association m Canter fcury. OBJECTS OF THE ASSOCIA TION. The Associntion is establiihed fo the purpose of carrying on the bnsi nesfl of a Co Operative Associate in nil its branches, "neluflinjr tli direct importation and smvply <> iarm and other station r*qiiwitt* aud the Memorandum and Art clof Association will enable the A3&O dation, j. To purchase, lea^e, exchange hire, or otherwise acquire hi id son etmct any land, buildings, ware hoi- 668 for the sioiag« of wool, grain and produce of every description naif-yards, railway s«i<lin«B, macliui *ry. all neceasarv plunt, stock-in trade, merchandise, ami' all mic! other real and pmvmi.i ;r-'|erty a by ihe director* lor t! iim»- l»ei».j shall be deemed neees«<<vy or con ■venent for carrying on the busines of the Association. %,«•?<» tell tith* by public «.u