PROSPKTUB The Farmers' Alliance^ OF HEW ZRALAKD, (UMTSD). Te-'be Incorporated nndir the F»iptWom_ n£ '*Th«_Oomp«oie« Art, JCAPITAi*.^ The nominal capital of theAsaociatten will bo £250,000, in 50,000 Share* of ble at faQowt,. vis : the remainder in Calla not ex par lotarnla of not lea l three montha. it lit not expected, that ■on than £1 per ahare viUbeneeeamrj. The name of the Aaaodation will be " Tan Go-oriKAnvn Ann Fajui*w' At* uixoa or Hiir Zulahb, Lnnm>," •ad the ,;,;■:,.- .; RBGISTEKED OFFICE Of the Company will b* in tin City of Wellington, :■:.-, PBOVISIONALDIBECTOBS. | Tha Prsriaibaal. Director* of the Aaaoeiatioß (nntil the firat General j Keating of BnarehoWen abell hare! bean held) wß*be ' WBUJNOTONi, , I Cifcy-J. C. MeK«rrow, CUorr* H. Loxferd, Jceeph Sanndera; Makera—T. \ S.BeUnaoa. .• ii -tt-- ;-^"-j « - ; MANAWATU, Nonh-J.O. Satcholer, Joetph Beale, Junee Ball, D. Bnick; Feildin«-J. Johnent: Faikakarikl—Frank Smith. WAIRARAFA. Feathentoh - Coleman Phillipa; Pnruateiiga John Martin, Junr.; ' John Cameron:; McCardU, Thomaa Miller, "tteorre V7hfteom.be>;' ."-a ?. j£j.-i';-y:*. -'■ :WEBtX3OAST. Ferdell-iJainea W. Baker; Campbell; town—Henrrßan*on; WaTerty-rOeoijie SOLICITORS
Messrs.' Mbnteath arid Btavely, Lambten Quay, Wellington.; PROVISIONAL SECRETARY 'Alexander Jardine. ■ = • TEMPORARY OFFICE Is in Custom House Quay (National Mutual baUdinga), Wellington. BHAKEBBOKKRS If earn T. Kennedy Maodonald and Co SEASONS FOR THE FORMATION OF.THK ASSOCIATION." 1. Theaueo^fulre^t» ; achietedbf KewZealaha;'ndtably ojr HUe Farmers Cte-operative Association ofCanterbury, Limited." ?-' 2. The ebvious advantage of an agency of which the aubiaibing producer or consumer shall be not merely client but prOPUetoZV■ :'V.;. ; '■-'- :■'■ •■_*" / '...-.:■ ■-■ These and. other eonriderationi hare induced thapromoters: to inrite. acriptions from the pubhc in town and country. ~-;, ■;. -ii'.-.'L ADVANTAQFB of th« ASSOCIATION The Aaapciartcnjia projected at the instance of; Fanners _ : and. Producers generaly, in order to secure to them by coKipentieni:ihe benefits of interchange which hare hitherto gone to the; mer.r cbantand distributer.alone.;..':■" y By cooperation in the Jfprtnatipn of the Association the farmer, the dairy? man, the fruit-grower, and flax-miller, the wool-grower, ; other pro ducen, and the Shareholders generally may theh—produce, andbuy most favorable'markets. V : The proEb" of'the 'Association, after yment of expenses, will belpng to and Subscribers will thus obtain for produce the full Marked value in the Markets of the World subject only W payment of expenses, out* certain fixed per eentage in order to enable the Assedation to pay a dividend not.«ceeding seven per oent on capital.' "... .-,'",' On the other Jrand they will obtain
The Association-will collect arid supply to Shareholders prompt anddisinterested information as' to the •wt« •! *nd advantages bfiena by the' various markets throughout the world. . . The Association will seek to ally itaeif with other, kindred institutions, and'bo by sharing the coat of Asrency in Home and Foreign Marketa reduce cost, while increasinr efficiency to Shareholders. ■ " The profits of &« Ajisooation, after payment to-Storehplders of »"dindend not exceeding seven '."pit centum upon the amount of the paid up capital, wi»l be divided.anwnjpttliei Shareholders according to the amount of business done by each or otherwise as may be from time to tSmeby, a majority of share, holders at^iny.general meetingdetermined. in alloting the shares, the Directors will have regard to pribirtrjof appUcation and not more than'lOO! shares will be alloted to any onejperaon. ( \ /;.;,, - ; la sobmittihg.Bn. Association of this character to the public it is only necessary to say that it is in ho sense a speculative enterprises' in the Colony have shown them tube nqtp^y^.di^endpaying, but productive of many collateral advantages to the Producer; minimising as they do all chartres,, they necessarily to lower to a reasonable point their rates of :commn»ions, freights, Ac The ffarti-:.that", the. Hew Zealand Farmer's- ; Association of Canterbury (ChrjstchurchX last year bid a total profit of £10,804 6s 5d to distribute,: and that .< the . Canterbury Farmers'. Association; (Timaru), and othersimuto Associations are all inamost satisfactory,financial oondition, speaks for itself as to the safety of the eapital to be embarked.- : r:: : •', The central position of the City of Wellington and its magnificent capacity tor the cheao distribution of products to all parte of the. world; marks it out prominently as the natural eentrefor the Kaes of railway," will«kable the Settlers ia these districts to share equally in the holders in the Wellington Proyinaai District from having at their door the best and cheapest Harbor in. the Colony ! 'OBJECTS For which the Association will be 3stablished and powers deemed necessary for its successful working a» r : (1.) To carry on thehutiness of a Cooperative Association in all its branches, (2.) To buy and sell goods, stores, consumable articles, chattels, and effects of all lands. (3.) To conduct the the Asscciation-opon a cash basis.^ (4.) To' offer facilities to Farmers for the shipment of their produce to: the various markets of the world, and pp out Agents n the different tocalitws for the furJjeranee;of this object. . (5.) To purensae, take on lease, or in exchange, hire, or otherwise acquire any rights, patents or privileges necessary oi convenient for the purpose of the Ass* j ciation,and Warehouses for the storage of grain and produce of any kind, and any land, bojldirgs, easements, railway aiding*, machinery, plant, and stock in trade. ..-..-- - (6.) To construct, maintain, and alter any buildings, machinery, engines, plant, and works that may bV deemed br the Directors necessary, convenient, or fit for the purposes of the Association, or calculated directly or indirectly to advance the interests of the Association pr the members thereof. (7.) To borrow er raise money by the issue of or Upon bonds, debentures, bills of exchange, promissory nates, or other obligations or securities of the Association, or by mortgage or charge of all or any part of the property of the Association, or of its uncalled capital; or in such manner as the Directors of the AasoeiatiM may think Jt, . . "'"' (8). To make, accept, endorse, and execute Fromissory. notes; bills of exchange, and other instru. Bsdertakeall or any
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Wairarapa Daily Times, Volume XII, Issue 3838, 22 June 1891, Page 4
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950Page 4 Advertisements Column 1 Wairarapa Daily Times, Volume XII, Issue 3838, 22 June 1891, Page 4
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