Page 3 Advertisements Column 1

Wairarapa Daily Times, Volume XII, Issue 3812, 16 May 1891, Page 3

)SPECTUS

The (Jo-Operative & EkfiDLers' '' Alliance OF NEW /ZEILAKD;. (LI&HTED). Tp.:; be ". Incorporated" under the Provisions of ''The Companies Act, 1882." ■-.•-•} :•■ "-. GAPITAL. • --; * The nominal capital of the Association will be £^,oo(U"iH'so,ooo Shares if £5 each, payable as follows, viz :—2s. €d, on application. 6a on.allotment, and the remainder in Calls not exceeding 5s per Share, at. intervals of not less ithan three months, it is not expected that more than £1 per share will be necessary. , .. NAME. The name of the Association will be •MThb Co-operative ahd Farmers' Alliapcx of New Zealand, Limited, " and the REGISTERED OFFICE Of tne Company will be in the City of Wellington, directob?. N^The- 'PrDvisiohal directors- of the Association (until the first General Meeting of .Shareholders .shall have been held) will be ■y : . .WELLDIGTON. i ' City~3Tc'. McKerrow, Georpe H. Luxford, Joseph Saunders; Makara—T. H, Robinson. , MANAWATU,. Kereru—Robert Gardner ; Palmerston North—J. 0. Batchelar, Joseph BetJe, Jantes Bell, D. Buick; FeUdinfipJ. Johnson ;,Paikakariki—Frank Smith. v WAIRARAPA. Puruatanga John Martin, Junr.; Masterton—D. Carman, John Cameron ; Voustoa Duncan Pnckle, W. W. rdle, Thomas Miller. George Whitcombe. cr. ■■> ut WEST COAST. •: Fordell—James W. Baker; Campbelltown —Henry Sanson; Waverly—George 8. Bridge. With power to add to their number. SOLICITORS Messrs. Moateath and Stavely, Lambton Quay, Wellington. PROVISIONAL SECRETART Alexander Jardine. - TEMPORARYOFFICE Is in Cwtoiu.House Quay (National Mutual buildings), Wellington. l " SHAKEBBOKERS ... Messrs T. Kennedy Maodonald and Co :FX)R'THE FORMATION . OF THE ASSOCIATION, I.* Tb"e successful 'results achieved by co-operation in" other countries, and in notably, by" The Farmers' Co-dperative Association of Canterbury, Limited." " 2.-TBb obvious advantage of an agency of which the" subscribing producer or consumer shall be not merely client but proprietor, !; " Taese and other considerations hate induced the promoters to -invite sub* ■cripHons~from the public in town and

ADVANTAGES of the ASSOCIATION The Association is projected at the instance of Farmers and Producers • generally, in order to secure .to them by co-operation, the benefits of interchange which have hitherto gone to the mer* chaafcandHiM^fitfiValone.- » 'J _' - By cor operation in the formation, pf the the-dairy-man, Oie fruit-grower, the saw-mille" flax-mffler, :the Tvool-gro*er, "- producers, and' the Shareholders s ally, may sell produce,vabd what they'severally consume, ii most' favorable markets.. T •.• - t * The profits of the Association, - payment of expenses, will belong t< be distributed amongst the Sharehol - Subscribers will thus obtain for pre the fall Market value in the Marke ti&*World subject only * to: pajrmen expenses, and a certriniixei; perceo in order to enable thtt-Asswaatfo-pay a CiiHdeudnot-exoeed^rigiseven 1 cent on.capital.. - ---,.< On£ttfe>tber Juindltheyi wiß'l bijl, goods at wholesale The Association wiflwlJeetandsnpi to Shareholders prompt and duihteres information as to.-the state and ■ advantages offered by. the various markets throughout the world. The Association will seek to ally itself with other kindred institutions, arid bo by sharing the cost' of Ayerify inllome and Foreign,Markete reduce^coafc,-while ' mtireasw efficiency to Shareholders. The profits Association, after payment to Shareholdera-of a dividend not exceeding ; -sevent tier centum upon the amount of the; paid up - capital, will be divided: amongst the Shareholders y according to theatnouut of business done I>y eacrr ;.or;ojtherwise -s* may ; betifrooi time-to time by: a> : majority of shareholders at- any general meetintr .deterIn alloting the shares, the Directors vrill have regard to of application and not. mare: than 100. shares will be j KJ . * r Association of this jublicit is pnlyneoessar ■ to ia no sense* specalativ enterprises in the Cobny have showi them tu be not only dividend paying, but .productive- of many: coll'-* —' advantages to the Producer;- mink as they, do all chanrea,: they necessarily compel merchants and ship>o*ming farms to lowerto a reasonable pcant their rates of . profit, r 'Commisutnsi ' freights, Ac The .fact that > the New Zealand Farmer's -Association of IH:tH<-H'l"> , Mll!ll!l.t'l l H l ;!iniKir»i distribute, and.that the Caqtarbury Farmers'. Association ;;f/Rraara)f and other similar Associations are all iu a most .satis&ctoty financial' condition, sper 1 " for itself as to the safety of the capital > be embarked. ~ . , "...,■ The central position -'of- the- uity pi . Wellington and its magaifisent capacity . tor the cheawf4i«ffibultion;df^r^ucts>t6 all it oat present' -Orfinpariy's ;± -IFjie recent'cbhnec Ton of the* <?ity with Napier on .Coast r and New Ply; mouth on the West Doast; By" ihrougl lines, of railway, will enaVle the settlcn jfin these districts, to sliare equally iu the ' advantages, which will accrue to share . holders in the Wellington Proyuicii District-from shaving - at:their.door thebest and cheapest Harbor, in the Colony as a dTstribntmg.centr'e; / i^Ti*!!'OBJECTS the" Association' will be established s»d powers deemeS necessary for its (T ) Tftctrry otuthebonnessof * Co-. - Oper-tive J all Ha branches^ (2.) To boy and sell goods, -stores* . of til JoaaVi '