jNo-fcices, PROSPECTUS OF THE TIMARU INDUSTRIAL CO-OPERATIVE S OCIETY (Limited), To be registered under “ The Industrial and Provident Societies Act, 1877.” { rpnE shares of the Company will bo £1 each, payable as follows 5s per I shnre on application, 5s on allotment, and the balance in calls of 2s Gd, at intervals of not less than three months. (. Promotes s : Mr J. T. Partridge, Main South Eoad, 'I imam Mr Wm, Clough, Sandictown, Timaru Mr W. Parsons, Church street, Timaru Mr J - H. Cotton, Sophia street, Timaru Mr John Pearson, Sandiefown, Timaru Mr William Hunt, Brown street, Timaru Mr T. D, Clapham, York street, Timaru Bankers: The Bank of New South Wales, i Solicitors : ! Messrs Eeid and Knublcy. The Promoters having been offered a well-established general grocery business upon advantageous terms, propose to establish a Co-operative Society on the same principles as similar Societies arc ; conducted in England. The promo'cis have great confidence in placing the shares of this Society before the public, as without a single exception every similar Society which has been formed has been enabled to pay the Shareholders a large dividend. The business which has been offered to the promoters is that of Mr Joseph Clayton, which is now carried on in Timaru. It is proposed to retain Mr Clayton’s services as Manager upon terms to be hereafter arrang-d. The Store, whicli can be obtained at a vciy low rental, has ample accommodation for carrying on a large business. The chief advantages of the Society'are that it gives to the Shareholdres the opportunity of obtaining all groceries, drapery, coal, firewood, etc,, at wholesale prices, and an equal participation in all the profits, estimated at not less than 12 pel* cent. The transactions of the Society will be conducted for cash only, thus avoiding all bad debts incident to the credit system of carrying on business. Members can arrange for deposit accounts being opened with the Society such ac counts carrying interest at the rate of £8 per cent, per annum on all sums over £1 deposited for a period of not less than three months. It is proposed as the capital; of the Society increases to establish Branch Stores in other parts of the town. The Society will be conducted by a Board of Directors chosen by the Shareholders at their first meeting. All applications for shares must be sent by post to or left with the manager pro trm (Mr J. Clayton), Main South road. Timaru, on or before Saturday', August 27,1881. Formed application for shares and all information in reference to the Society can be obtained at Mr J. Clayton’s Store, Main South road, Timaru, from Mr William Parsons, Church street, Mr or from any of the promoters. A meeting of the Shareholders will be hold at Stone’s Hotel, Timaru, on MONDAY, August 20, at 7.30 p.m. for the purpose of electing Board of Directors and other business. LONDON BERLIN WOOL AND FANCY GOODS DEPOSITORY. MIIS ITTTS respectfully informs the ladies of Timaru and its neighborhood that she intends opening a BABY LINEN, BERLIN WOOL, and FANCY REPOSITORY, in the shop next to Messrs Edminson and Kidwill’s City Butchery, Main South Road, and will commence business on Saturday, August 13, and solicits a share of public patronage. Lessons given in Fancy Needlework, i Honiton and Point Lace. DRESS AND MANTLE MAKING. RS R. W. PTALLAM (late of Cowan and Fosters) bogs to inform the Ladies of Timaru and district that she has commenced Dress and Mantle Making on her own account at her residence corner of Elizabeth Street and Grey Road, and hopes by attention to all orders entrusted to her care to merit a share of their patronage. Improvers and Apprentices wanted, igj" Address — MRS R. W. HALLAM, Corner of Elizabeth Street '.and Grey Road TIMARU. GENTS! GENTS! I GENTS I! I HATS. HATS. HATS, NEW SHAPES. Lome Bismarck Stalker Margate Chum Lord Mayor Rigby Cambridge Alpine Oxford Chum Alexis, AT Cowan and Foster’s, COOKHAM HOUSE. JUST RECEIVED—Direct from London and Tasmania—A LAREGE STOCK OF GARDEN AND OTHER SEEDS, all True to Name and Guaranteed New. TEN SHILLING POST COLLECTION of Vegetable Seeds— A liberal allowance to Fanners and E M.vket Gaulontns. The Trade treated liberally. Country Stoickeepae desiring to add a smalt reaction of Seeds to their present stuck can do so for a email outlay of 10s. , Further particular on application. K. CUiIKISiL 1 Importer, • Next Land Office.
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https://paperspast.natlib.govt.nz/newspapers/SCANT18810809.2.22.5
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South Canterbury Times, Issue 2616, 9 August 1881, Page 3
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737Page 3 Advertisements Column 5 South Canterbury Times, Issue 2616, 9 August 1881, Page 3
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