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Public Notices, PROSPECTUS OF THE TIMARU INDUSTRIAL CO-OPERATIVE SOCIETY (Limited). To be registered under “ The Industrial and Provident Societies Act, 1877.” f rn he shares of the Company will be £1 each, payable as followsss per 1 share on application, 5s on allotment, and the balance in calls of 2s Cd, at intervals of not less than three months. Promoters ; Mr J. T. Partridge, Main South Road, Timaru Mr Wm. Clough, Saudietown, Timaru Mr W. Parsons, Church street, Timaru Mr J- H. Cotton, Sophia street, Timaru Mr John Pearson, Sandietown, Timaru Mr William Hunt, Brown street, Timaru Mr T. D. Clapham, York street, Timaru Bankers; The Bank of New South Wales. ’ Solicitors : Messrs Reid and Knubley, 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 are ! conducted in England. The promoters have great confidence in placing the shares of this Society before the public, as without a single exception every siim’ar 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, which can bo obtained at a vciy low rental, has ample accommodation for carrying on a large business. The chief advantages of the Society arc that it gives to the Sbareholdrcs 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 per , 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 yin; frm (Mr J. Clayton), Main South road, Timaru, on or before Saturday, August 27, 1881. Forms of application for shares and all information in reference to the Society can be obtained at Mr J. Clayton’s Store, Main South road, Timaru. A meeting of Shareholders and others favorable to the movement will be held on MONDAY, August 22, for the purpose of electing Board of Directors and other business. Place of meeting in future advertisement. LONDON BERLIN WOOL AND FANCY GOODS REPOSITORY. MRS PITTS 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, Honiton and Point Lace. DRESS AND MANTLE MAKING. MRS R. W, HALL AM (late of Cowan and Fosters) begs to inform the Ladies of Timaru and district that she has I 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. Address — MRS R. W. HALLAM, Corner of Elizabeth Street '.and Grey Road TIMARU. 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 Farmers and Market Gardeners, The Trade treated liberally. Country Storekeepers desiring to add a small selection of Seeds to their present stock can do so for a small outlay of £3 10s. Further particulars on application. E. CORNISH, Importer, Next Land Office. TIMA K U PA W N 0 F F I 0 B, NEXT COLLINS’ AUCTION ROOM, Main South Road. I Q OALEK AND \J Licensed Pawnbrokers. 0.,| Money advanced, from 2s Gd to £SOO, on Jewellery, Clothing, and ever} description of Property. 525” Business strictly Private and Confidential. Private Entrance from passage leading to Collins’ Auction Room. I. SALEK AND CO., Licensed Pawnbrokers#

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/SCANT18810813.2.19.6

Bibliographic details
Ngā taipitopito pukapuka

South Canterbury Times, Issue 2620, 13 August 1881, Page 3

Word count
Tapeke kupu
764

Page 3 Advertisements Column 6 South Canterbury Times, Issue 2620, 13 August 1881, Page 3

Page 3 Advertisements Column 6 South Canterbury Times, Issue 2620, 13 August 1881, Page 3

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