Page 4 Advertisements Column 1

Wairarapa Daily Times, Volume XII, Issue 3832, 15 June 1891, Page 4

FfiOSPEOTUS The Fanners' Alliance OP NEW ZEALAND, (LIMITED). To "be under" the I Provisions of ''The Companies Act, 1882-" ~ ~ r'-,.;-".•,:•,." ';r,~-; ; - The nominal capital o£ the Association wfll be UL..6o,oQo,Shareß of £5 each, payable^at-foitfowß^viz-:—2a. 6d, eaijippJication.'s* on allotment, and the reminder in Calls not ,Bxceeding,sß per Snare,' at intervals of not less than three months. It is not-expected that more than £1 per share will be necessary. *~ ; "H'L .^-■■■■ : •"^■.' ! '■ 1, Tl^naii»?ofctbjß''Aß«<idati6n'-will ,; W "TmfOo.'bnbtliivß unf ! FißifESß' ; ss\± ; iiabot of New ZmeandV _LuffittiS''; and the' - ' * *"''■'■'•' ■ kv->y".-.-i->.--;y* ■-' t: '• Of the Company will bein the City of Wellington, PBOY|SIONAL DIRECTORS. : The-Provisional Directors-: of '.the AssoejatioiMnntil .thel -first;, Generali Meeting of Shareholders shall have been held) will be , , ;•/, •« ' M I . ..:..v "

City -Jwr.fl*; f McEJsrjwir, Luxford, Joseph Saunders; Makara-r-T. H, Robinson.-,;.-.;/ ..7MANAWATU, Gardner ;Palmerston North^JrOrßatchelM.-~Joßeph7Beale,- ".;; ;wairarapa. . „ A ;::; : , FeathereiHMKr-' ■ Phillips ; Pnruatanga' John'' Martin,- Junr.; Masterton—D. Carmaiu John Cameron; Pahiatua PnisWe.> M SW? McCatdle,Whitcombe.. i ~-h • #. -,jvrs -■■* i v "• '"wissTrCoAST^,.:,, 1 ,:.,"' < Fordell-Hfamw.fy Batet.;C»mpbeUSanson.; JS. Bridge: With power to add "to their number. , c v■..,-.../ -, -, \; SOLICITOBS Messrs. S Monteath and Stavely, IJambton Quay, Wellington., PBdYISIONAt ' SECRETARY „: Alexander Jar dine.' TEMPORARY OFFICE, •

Is in Custom House Quay .(National Mutual buildings), Wellington'. '■-•■- SHAKEBROKBRS , Messrs T. Kennedy Mardonald and Co, REASONS FOR THE-'FORMATION OF THE ASSOCIATION. 1. Thoßacces^ul'resdltsiidhievedby New Zealand; Co-operative Association of "Canterbury; lamifcd:" : - *-'■-<'*", , -» ' ;: ! >l! '<-; 2, The bbyionsfaa'vantage of an agency of whijjh ? the^'subscnbing J prc^ucer : or consumer shall be not merely client but proprietor. 1 : '. f " i;;i "' : ~ ! ' These'and other considerattons have scriptions from jfiefpftbhc- town and country;''- ' l * v " < '.-.-?;. v ,■-. . ■■- « rj -".- : ADVANTAQtES.oF.THE ASSOCIATION The: Associa>icn; is at the instance 'of'Farmers--and'< Producers genersly, in order insecure tothenrby co-operation; ihe benefits of interchange which have hitherto gone' to the. merchant "and;,distributer alone. : ;.;-••.'.-;..' By cooperation in .'the formation, of the Asj|Wi^ubX\tHe ( V r farnier, /the djuryman, the'frujt-grower, t&esaw-ariUerkjid flax-miller,'; _,tn"o'' wiool-grbwer,' Vo&er pro ducere.'ahd ; the Shareholders generally may sell' their', produce, apd; j»uy what J the most markets. / _ '""';„.„;, .Association, 'after payment of expanses, will"behrajrto.and be distributed aniongst ibhe Subscril^^WiU^husob^n 'fpr produce the fuJl Market v'alue"in.the^.Marketa;of •wSsrvca nut < .• ■..-.•'-"> in order- to eriable'the Association to pay a iwinjg cent on capital". ~ On the other hand they will obtain goods at wtotosalr prices; / \ 'j t >.\ i x ! \ 0 The Assdciatibn'will collect and supply to Sbatehblderjyjrompt and disinteresteQ information? j#i to jtfeC>s»te t«| jatod advantages offered" by the various markets' throughout .theWflrld.. ~ . The Association will r seek'toally itself with other kindred..institutions, and so by of A?ency ; in Home! and Foreign Markets reduce cost, while increasjni?;amc^ey r M'Sbarehalderß;iiJ The profits of the Association.Kafter payment to Shareholders of a dividend be divided , amongsj,, the Sharehplderß by each or otherwise be from tune to time by a majority of shareholdetaafvany general mejetin? deterIn alloting the'shares, the Directors will have regard tOprioirtydf application and not more than 100 shares will be aUoted-t&3hy#rie period ' HL -> 5". '••'■;. ~j la submitting an Association'of this character to the public it ir only necessary to say that it.is in no sensea speculative undertaking. The experiences of similar enterprises in: the Colony'-have shown them ituibe vDot ■ dividend paying, but productive;! of -many loollateral advantages to the Producer j minimising as they do all charges, they necessarily compel merchants and ship-owning firms to lowertaalreasonablepoiht their rates of profit, commissions, freights, Ac. The fact: thafet«tiie*?y]SeVj Zealand of Canterbury (Christcfiurch), last year had a4iot«*%WJfit3ot £10,804 5s od to distribute, and that the Canterbury FBnaer»^^.Hoeiatiofi- ! -'('TiniaraX' ! ? * other similar Associations are all in a most satisfactory financial condition, speaks for itself as to the safety of the capital to be embarked. The central-position of the City of Wellington and its magnificent capacity for the chean distribution of product* to all parts of the world, marks it out prominently as thenatur*l : centreforthe present Company's operations. The recent connexion' of r the City ;; with Napier on the East Coast, and New Ply mouth on the West Doast, by through in these.districts to" share equally in ihe advantages, which wilT accrue to shareholders in the Wellington Provincial District from having-jat .their dppr the, beat and cheapest Harbor'in the Colony as a &* '#% $ ,a* £ #pjbe : for its successful; working are : . v \ j (1.) To carryoh thebntihessbf a Co-1 operative Association in all its branches, (2.) To buy and a seU ■ goods; stores. consumable and ; effects of all kinds. * " •**■«—'• -**■■ ■-- - (3.) To conduct the sales of the Association upon a cash basis(1.) To offer faciiitiW'to'-Farmers for _,.,..,, tlocaliti'Jß ; for the furttterance'' bfiibjrobjecf. ; ' '' (5.) To purcnase, t«Jke on, lease, or, in exchange, hirei or otherwise acquire any real ana personal, .property,:, and. any nt'hts, patents ,or w necessary ox convenien't.for.the"purpwe'pf,rhe, Assb > chtion,. and,W^rehous^for'the: storage of grain pf'Jtmy^imd; '.[, and any land, railway sidings, mchuwiy, plant, and stock in (6.) and works thaS may be Directors necessary, r ori.lit' for thepnrposea btthe . AMOciatibn^-or calculated directly indirectly to advance the or the members I^Bgp^f^-^^i.^^ (7.) To borrow.or t ra^moneyj^y ; the issue of 'oV t^h'''DoMsV'deoeritures ) , bills of exchange, promissory netes, or other or .securities.jof the alloranypart offfte ! 'Br»jnem i J ,of J t]be Associatioif, or of its uncaUed F capital; or in such manner as the Directors of the Association - "■ . (8) Tomfike, accept, endorse, and execute Promissory notes, : bills >of :.!excban}{e J: aud other negotuble inst^n-. ' ments..-.'"" '■"'..";''.. T' ".,■:..;:"..,-.<.•', t .... (9.) To purchase or otherwise 'acquire' and undertakfe'^B' J !6r any" part of thi bwineSß, property and f ]iabiHtie«. of, an j