Page 2 Advertisements Column 4

Mount Ida Chronicle, Volume VII, Issue 388, 18 August 1876, Page 2

§ib. fi'ibrnitiiis. PROSPECTUS " ' OF THE MOUNT IDA CKO PER ATI YE STOKE A-N-ir :V/ BAJxI-;iiY, COMPANY LIMITED ' . (Registered). CAPITAL—£2OOO, in 1000 Shares of £2 each. JJa- pex 1 share to"bepaid on application, ss. on allotment,; and the balance in calls not ex- > Iceedi'ng 2s.' 6di per- share, at intervals of not less than one month. Provisional Directors ; E T George-. J Davidson -William Moore - Andrew White W Sbilea S Shilea W Jacob R Brora Hugh Doniielly . W Ireland George Alexander. W- H Ash Robt Donnelly G Stephens, , Johii M'Gregor . W Aschoif John Moora - Banters; The Bank of New Zealand. Interim Secretary : Mr E T George The object which the- promoters of this Association have in view is to establish an Mount Ida a General Store and Bakery, to be. worked entirely on the co-operative principle, and to provide provisions at the possible working prices. ' The fact that—in a small community like that of Mount Ida, where provisions , are so exceptionally high— the public have' never as yet availed themselves of the advantages of the co-operative system, is a matter of surprise. The fluctuations of wages, which, bf late years especially, have been declining, while the prices of provision*, &c., have uniformly been kept at the same figure, would indicate, apart from any other consideration, the desirabttity of economising in every shape and forni. . The pecuniary, advantages to be derived from participation in a well-managed co-ope-rative system' are considerable. It is 'proposed' to raise a capital of two thousand " pounds, in one thousand shares of two pounds each; and, in Order to bring the shai-es within the reach of all classes, the subscriptions to be made payable in calls of not ifiore thari'two shiFings and sixpence per share, at intervals of not less than one month, notice of whi.ih will be given. : The promoters fully rely: oil the success of the project for the following, amongst'other reasons:—The shareholders will naturally, as a rule, be regular customers at their own establishment. The shareholders, by their votes, being able to control the management, can always ensure promptitude and efficiency in the execution of orders. The Cash Principle to. ne rigidly adhered to/ in-ord'er'to, secure the discounts on' purchases in the best markets, as well,as perfect safety in selling. And in order that the interests of the shareholders should be thoroughly looked after, the professional services of experienced accountants to bo engaged to supervise the books at any time the shareholders may appoint. j It is proposed to lease suitable premises in a central position, and to commence operations with the least possible delay. Applications for shares to be made to ..the Secretary, Earn-street, Naseby, at whose office the list will, be open until the 31st inst.. Maximum number of shares of any shareholder—iwenty. For further particulars apply to E. T. CEORGE, Interim Secretary, Naseby. CORPORATION OF NASEBY. ASSESSMENT, YEAR 1576-7. .APPEALS. j-' "TVTOTICE IS HEREBY GIVEN * that the day for hearing is fixed for Thursday next the 24th inst.* at 11* a.m.y before the; Resident Magistrate, at the Court House; Naseby,* at which time and place all Appellants are required to attend. , ' ' GEO; CLARKE, . * : ; Tbwn Clerk. - 1 Town Clerk's OlSce, - > Aug. 17, 1576. j ,7_ -MINING- LEASE APPLICATION. I i ' To Mr. Warden Robinson . | . Hyde, August 7th, IS7G. HAVE PAID to the District Surveyor the sum required for the Survey"'of the. following Gold Mining Lease Application, as required by the Mining Lenses Regulations of Otago, and I agree, upon the approval of this application, to execute a Lease upon the bases therein stated, if the Governor or bis Delegate shall think fit to grant the same. ) I have, the honor to be, Sir, Your obedient servant, ! HUGH M'AULEY, Foe Self aht> Pahtnees. Name an 1 Address (in full) of Applicants —Hugh M'AuleyJames Maim, Richard Smithson, Hyde. • s ~ Style under which it is intended to conduct the Business.—Enterprise Company. Extent of Land applied for.—Four (4) Acres. Minimum Number of Men to be Employed by the Lessee. 1 For the first six months, three' men; (2) subsequently, when in full work, lour men. Amount of Capital Proposed to be Invested. Proposed mode of working tho land.— • Hydraulic Sluicing. Precise Locality. On spur south of third gully, Hyde. -term for which Lease Required. (4"\ Four leers. • K J Time of Commencing Operations. —When lease is granted, The abo. e Application, and any Objection thereto, will be heard before me, at Ilyde on the 13th September, 1876. Any person desiring to object to t.ha issue of a Mining Lense upon the above Application must, within 35 clear days from the date of such application, enter his objection at my office H.W.ROBINSON, Wardtn.