jKToUcob. In allotting shares, preference will be given to milk suppliers, whose applications will receive first consideration. After the first allotment ol shares, the Directors will determine the premium at which any subsequent allotment shall bo made. A general meeting of shareholders will io called within thirty days after allotment of shares, for the purpose oi electing Directors and Auditors. The operations of the Association have hitherto been successful, and it is expected that the consolidation, extension, and control of the business which will follow from the adoption of co-operative principles under the same competent management as heretofore will .result in continually j|increasing success, all the advantages of which will be secured in full by ’|m ilk-supplying shareholders. After payment of a dividend at a»rate of £8 per cent, upon the called-] up capital of the Company, all surplus profits of the year’s trading \vi he dealt with for the benefit of the shareholders. Application for shares should be made, in the accompanying form Ifarid forwarded to the Secretary of the Company,together with the amount payable on appliaation If no allotment is made the deposit will te returned without reduction, and where the number of shares allotted is lessj than the number appliedfor the surplus will be returned. The business and assets will be taken over subject to all existing contracts which have been made by or on behalf of the Company, or in respect of which the Company is or may become liable. These compriseI’wo agreementsfor the sale and purchase of the assets and properties referred to, dated respectively the 21st day of August, 1901, and the ?j22nd day of August, 1901, and made respectively between John Carey Lovell and Wesley Spragg of the one part and Herbert Edward Pacey as |trustee for and on behalf of the Company of the other part, and an agreement made on the 24th day of August, 1901, between, the Company of ijthe one part and Wesley Spragg of the other part, and an agreement ipnade on the 24th day of August, 1901, between the Company of the one |part and Lovell and Christmas Limited of the other part, also others |which are of the ordinary trade chararcter and necesssary for the working |of the concern, out including as they do numerous contracts with em jployees, customers, manufacturers and others, they cannot be specified iTl'.ere may also be other contracts which, technically, fall under Section |23 of 1 The Companies Act, 1882.’ p Subscribers will be held to have had notice of all the above contracts |and to have waived all right to be supplied with particulars of all such pother than as above specified, and to have agreed with the Company as for the Directors and other persons liable not to make any claim or to take any proceedings under the said Section or otherwise, howsoever, in respect of aay non-compliance with the said Section for any other statutory enactment or any mis-statement in the Prospectus made by the Directors in the bona fide belief that it is true. Prospectuses and forms of application for shares may be obtained from the Company’s Secretary, Solicitor or Bankers. Copies of the Memorandum and Articles of Association of the Company and of the contracts, reports and debentures above-mentioned, as well as of the Trust Deed to secure such debentures, may be inspected at the office of the Company’s Solicitor, Dated this 24th day of August, 1901. There being only one tender, and that for 64ft| only of the property in Hood Street, Hamilton, lately put into the market on account of its excessive valuation, and that offer allowing nothing for the unimproved value of the land, it is DECLINED, with thanks. Consequently, KAIAPOI HOUSE will he managed as heretofore. NEW RELIABLE GOODS, with a margin of profit, which small working expenses enables advertiser to trade with, will be the chief inducement to purchasers in compensation for the inconvenience caused through the [removing of verandah 1 and the obstacle planted at the |approach to premises until such times as the ‘ Golden Rule ’ will ho recognised. JT. XL EL MATRIOK KAIAPOI DOUSE, AMIL T O N . H Northern Light Boots & Shoes * *• * $ # * # *» ALWAYS UP-TO-DATE AND PRICES DOWN TO THJ LOWEST NOTCH. \%'J HEN WALKING upright and happy don’t you V«’ hod it of vast importance to he well shod ? There isn’t any reason why you should nob be {pf The NORTHERN LIGHT arc all tight The KRGMOLETTA none better! And the plain artisan who comes to D, SALMON, Hamilton, Gets just as much courtesy and attention as a
CASH NOW ON VIEW AT BEDROCK PRICES. INSPECTION INVITED. CUSTOMERS LIBERALLY DEALT WITH. CAMBRIDGE.
IgUILD UP THE NORTH, IiVOT THE SOUTH. Ino connection with milling || TRUSTS OR COMBINATIONS. ISTILL CM] A THING WORTH KNOWING. CHAMPION - FLOUR is the Strongest and Whitest on the Market, ibborbii water freely, but requires plenty if working, and, us stated by our town ud country bakers, will yield FOUR LARGE LOAVES OF BREAD MORE PER SAUK THAN ANV OTHER iRAND ON THE MARKET, which, king the value of the largo loaf at dil, snows a saving of Is 8d per sack of 2001b . lOd per bag of 1001 b sti per bag of 501 hj 2VJ per bag of 251b Or 16s 8d per ton in favour of CHAMPION. In view of the foregoing fault-., in no I?;,"Cheap, Stareby Flour dear at .my pHeo ?!«0 (to STRAIGHT FOR CHAMPION. NORTHERN ROLLER MILLING CO. P. ViRTUE, Manager,
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https://paperspast.natlib.govt.nz/newspapers/WAIGUS19010916.2.16.4
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Waikato Argus, Volume XI, Issue 1049, 16 September 1901, Page 3
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911Page 3 Advertisements Column 4 Waikato Argus, Volume XI, Issue 1049, 16 September 1901, Page 3
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