CARTER'S U.-IALbENGBR MONSTER MARROW PrfA. PURDIE & CO. HAVE ON V r SALE :- Cartel's Challenger Pea Carter's lied Skin Flower Ball Potatoes Cabbage and Cauliflower Plants Fruit Trees in variety ; Apples on the Root, Blight-proof Siock Flowering Shrubr, Thorn Quicks, and Roses in variety Californian Pines, &c, 1,2, and 3 years old All kinds of Agricultural Seed All kinds of Vegetable Seed All kinds of Flower Seed. Catalogues on application. GEO. PURDIE & CO., gNIJRSERYMEN AND SEEDSMEN, (Near Bank of N.Z., Tiinaru). H. S. AUSTIN & WEBB, SOLICITORS, MAIN STREET, TEMUKA Office Hours : From 10 a.m to 5 p.m. PROSPECTUS OF THE CANTERBURY FARMERS' CO-OPERA-TIVE ASSOCIATION (LIMITED). Capital £IOO,OOO IN 20,000 SHARES OF £b EACH. . Payable as follows : Five Shillings per share on application, Ten Shillings per share on allotment, and the balance at calls of not more than Teu Shilling per share at any one time. No call to be made-under an interval of three months from the previous one being made. Provisional Directors . W. Postlethwaite Esq., Geraldine. Charles Bourne, Esq., Timaru. John Goodwin, Esq., Fairlie Creek D. McLaran, Esq., Otaio. J. Hay hurst, Esq., Temuka. John Bradshaw, Esq., Otaio. John Buckle, Esq., Arowhrnua. Joshua Page, Esq., Tiinaru. John Talbot, Esq., Temuka. Bankers. National Bank of New Zealand (Limited). Solicitor : A. St G. Hamersley, Great North Read, Timaru. Hon. Treasurer : Joshua Page, Esq. Hon. Secretary, pro tem : John Bradshaw, Esq. The Promoters of this Association wish to bring before the Public of Canterbury i the great gains to be derived by establish- j ing in their midst a Company, to be worked purely on Co-operative principles, having certain objects for the furtherance of Farming interests, and offering a great financial saving to each individual member of the Public who may become Shareholder. The Promoters, alsa, have great confidence in bringing this Association before the Public, as similar Cooperative Institu tions have been most successful iu ali parts of the world. Amongst the most important objects of the Association are the following r To procure fur its Members greater facilities than at present exist, for the shipping of their produce to the consuming markets of the world. This Ihe Association will do by exporti g the prodm-e for its Shareholders at the lowest rates in charteied ships, allowing Shareholders advances on the produce so shipped or de posited with the Company for shipment or sale at the lowest rates. This the Pro moters think will be o!' thogreastest ad van tage as the rates usually charged iu Can terbury are excessively high. The Share holders of the Association will therefore be in a position to ship their produce for sale to the best markets, instead, as has been so often the case, especially last season, ot being forced to sell in this country at most ruinous prices, and far below the value in other markets. Also great benefit will be found in that the Association will procure Cornsacks, Woolpacks, Agricultural Implements, Seeds, and all articles of consumption, at the lowest cost, that are useful to its Shareholders. By these means great saving will be effected, as the difference between the price of all articles in New Zealand and in the places of their whether of husbandry or of general consumption, is far greater than many individual purchasers are aware of. The Association will undertake any business and make all arrangements that may be necessary with other firms for the furtherance and better carrying out of its objects. The Directors are empowered by the Articles of Association to make advances to its Shareholders on properties or other securities as they may think fit. The benefits derivable from the Association will be strictly confined to its Shareholders. The profits cf the Association, after paying interest at the rate of seven per cent per annum on paid-up capital, will be divided amongst all the Shareholders pro rata according to the amount of business done by each shareholder. A meeting of the Provisional Directors will be held at the Grosvenor Hotel, Timaru, on Saturday, November 27th, when the shares then applied for will be alloted, and the dale for the general mee - ing of Shareholders fixed for the appointment of Directors and the settlement of the Articles of Association. , . Forms of application for shares and any information may be had at the Offices of the National Bank, Timaru, and its branches, any of the Directors, Mr Roger Kitt, of Waimate ; and Mr Corbett, of Geraldiiie Intending applicants can persue the proposed Articles of Memorandum of Association at either the National Bank Offices, Timaru ; or at the Offices of A. St. Hamersley, Solicitor, Great North Road, Timaru. fj meeting to be held on the 27th November, 1880, visit the towns and districts of South Canterbury to receive applica tiong for Shares, and to give any informa tion that may be required as to the'objects, &c., of the Association, 13no
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https://paperspast.natlib.govt.nz/newspapers/TEML18801123.2.16.3
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Temuka Leader, Issue 320, 23 November 1880, Page 3
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811Page 3 Advertisements Column 3 Temuka Leader, Issue 320, 23 November 1880, Page 3
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