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Notices. In allotting shares, preference will be given to milk suppliers, whose applications will receive first consideration. After the first allotment of shares, the Directors will determine the premium at which any subsequent allotment shall bo made. A general meeting of shareholders will Ito called within thirty days after allotment of shares, for the purpose of electing Directors ana 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 increasing success, all the advantages of which will bo secured in full by milk-supplying shareholders. After payment of a dividend at a rate of £8 per cent, upon the calledup capital of the Company, all surplus profits of the year’s trading will be dealt with for the benefit of the shareholders. Application for shares should be made, in the accompanying form and forwarded to the Secretary of the Company,together with the amount payable on appliaation. If no allotment is made the deposit will be returned without reduction, and where the number of shares allotted is less than the number nppliedfor the surplus will he 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 comprise— Two agreements for the sale and purchase of the assets and properties referred to, dated respectively the 21st. day of August, 1901, and the 22nd 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 the one part and Wesley Spragg of the other part, and an agreement made 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 neces.ssary for the working of the concern, but including as they do numerous contracts with employees, customers, manufacturers and others, they cannot he specified. There may also he other contracts which, technically, fall under Section 23 of ‘ The Companies Act, 1882.’ 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 other than as above specified, and to have agreed with the Company as Trustee for the Directors and other persons liable not to make any claim whatsoever or to take any proceedings under the said Section or other' wise, howsoever, in respect of aay non-compliance with the said Section or any other statutory enactment or any mis-statement in the Prospectus made by the Directors in the lona 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'tho Trust Deed to secure such debentures, may be inspected at the office of the Company’s Solicitor. Dated this 241h 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 laiid, 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 he the chief inducement to purchasers in compensation for the inconvenience caused through the removing of verandah and the obstacle planted at the approach to premises until such times as the £ Golden Rule ’ will he recognised. J. 3ES,. E. HATRIOK, KAIAPOI HOUSE, HAMILTON. Northern Light Boots & Shoes *v/i ... t -..., *** ARE ALWAYS UP-TO-DATE AND PRICES DOWN TO TH] LOWEST NOTCH. HEN WALKING upright and happy don’t yo V v find it of vast importance to be well shod ? There isn’t any reason why yon should not be The NORTHERN LIGHT arc all right The KROMOLETTA none bettt And the plain artisan who comes to D. SALMON, Hamilton, Gets just as much courtesy and attention as a millionaire,

NEW SPRING DRAPERY, & c ; NOW ON VIEW AT BEDROCK PRICES. INSPECTION INVITED. CASH CUSTOMERS LIBERALLY DEALT WITH. CAMBRIDGE

~BUILD UP THE NORTH, NOT THE SOUTH. NO'CONNEGTION WITH mTIUNU TRUSTS OR COMBINATIONS. STILL CHAMPION! A THING WORTH KNOWING. CHAMPION FLOUR is the Strongest and Whitest on the Market, absorbs water freely, hut requires plenty of working, and, as stated by our town end country bakers, will yield FOUR LARGE LOAVES OF BREAD MORE PUR SACK THAN ANY OTHER BRAND ON THE MARKET, which, taking the value of the large loaf at sd, shows a saving of Is 8d per sack of 2001b lOd per bag of 1001b 5d per bag of 501b Sid per bag of 251b Or 16s 8d tier ton in favour of CHAMPION. In vie w of the foregoing facts, is no Cheap, Starchy Flour dear at any pi ice SO CO STRAIGHT FOR CHAMPION. northern" roller MILLING CO. P. VIRTUE, Manager.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WAIGUS19010919.2.17.4

Bibliographic details

Waikato Argus, Volume XI, Issue 1052, 19 September 1901, Page 3

Word Count
912

Page 3 Advertisements Column 4 Waikato Argus, Volume XI, Issue 1052, 19 September 1901, Page 3

Page 3 Advertisements Column 4 Waikato Argus, Volume XI, Issue 1052, 19 September 1901, Page 3

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