£T OUCOt}, In allotting shares, preference will he given to milk suppliers, whoso applications; will receive lint consideration, After the first allotment of shares, the Directors will determine the premium at which any subsequent allotment shall ho made. A general meeting of shareholders will ho called within thirty days after allotment of shares, for the purpose of electing Directors and Auditors. The operations of the Association have hitherto been successful, and it is expected that (he consolidation, extension, and control of the business which will follow front 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 be secured in full hy 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 he dealt with for the benefit of the shareholders. Application for shares should ho made, in the accompanying form and forwarded to the Secretary of the Company,together with the amount payable on appliaalion Jf no allotment is made the deposit will be returned without reduction, and where (he number of shares allotted is less than the number appliedfor the surplus will be returned. business and assets will be taken over subject to all existing contracts which have ndA',' made by or on behalf of the Company, or in respect of which the Company or may become liable. These comprise— Two agreements for the sale and piP'dioso of the assets and properties referred to, dated respectively the 21st day of August, 1901, and the 22ud day of August, 1901, and made respectively between John Carey Lovell and Wesley Hpragg 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 (lie ordinary trade chararcter and necesssary for the working of the concern, but including as they do numerous contracts with employees, customers, manufacturers and others, they cannot be specified. There may also be other contracts which, technically, fall under Section 23 of ‘ Tim 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 honafnh 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 ollico of the Company’s Solicitor, Dated this 2-Ph day of August, 1901.
(CHRISTMAS M UMBERS, .v. * * ■% * & * ' & I ;■ K I li II AND Hi Posted to any Part of the District. H / WO EACH Ho&jStaa' Sallltea/ Y: HAMILTON. f, fj m im &A 7 M w M HERE being only one tender, and that for 64ft M 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 laud, it is DECLINED, with tii ai ik s. Consequently, KAIAPOI HOUSE will be 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 removin' 1, of verandah and the obstacle planted at the approach to premises until such times as the ‘ Golden Rule ’ will ho recognised. - JT. I&. B. HATBIOK, KAI.APOI HOUSE, H A J1 I hj T 0 N ■
HAND-PICKED Seed Potatoes. EARLY A SULK A K (true), EARLY PURITAN, READING GIANT, And other l'n st-chnn noils t=|)i. oially jji'invn for uj. igffi 1 Write fur descriptive RE-CLEAN ED ’woocl Oats. All vnietic?, iin iiidiiu; CARTONS hi id ALGERIANS. noNßiuwr. ARTiillll YATKS&IIO., A 11 C K 1; A N D J IME I^IMEi I’or (jrelnud und Purputcr, Ereudß hrte. |;y. The REST Li ME in the country fur building; aLu, SLONE for ID'P Ad-In - C, J. JOHN ON T« Kuiti.
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Bibliographic details
Waikato Argus, Volume XI, Issue 1075, 17 October 1901, Page 3
Word Count
807Page 3 Advertisements Column 4 Waikato Argus, Volume XI, Issue 1075, 17 October 1901, Page 3
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