Page 4 Advertisements Column 7

Wairarapa Daily Times, Volume XIII, Issue 4086, 11 April 1892, Page 4

r "—nmmw Co-Operative' ■: LIMITED.] . (Formerly M,' Caselberg & Co,). Incorporated under " The Companies Act, 1682," ! CAPITAL, ißlod,ooo j Dividedinto 20,0(|08bai'esof£5oaoh, ! - with power to increase as required. Payable as follows: :6s , on application, 5s on allotment,' . 6s every threemonthpntil £lis paid; aiid the balance by calls, It is not anticipated that it will be necessary to call up any further Capital beyond £1 per Share, but in no . case will further calls be ; made exceeding 2s 6d per month,' , ' Directors: MYER OABELBERG, Esq. WILLIiMHENM HOSKING. M.D. LIONEL OASELBERG.ESQ';^' 1 A.'W. CAVE, ESQ DAVID JOSEPH NATHAN. Eso; DONALD DONALD Esq. LOUIS JOSEPH'NATHAN, ESQ. WITH POWER'TO ADD TO IHEIB NOMBEB. THE BANK OFAUSTRALASIA. Secretary: .: D. MoINTOSH. Solicitor: A.R.BUNNY,Esq., Masterton,MASTERTON. ; .GREITOWN AND TINUI. : PROSPECTUS. THE association has been formed for the, purpose ofacquiring the old established, and, successful; General Baainess of . Messrs M. Caselberg Jt Co,', at Masterton and Greytown, and Messrs Nathan ! &Co.Vßetail Business at Tinui, in the Wairarapa District, and hereafter to carry oh a general business upon, the' co-operativo ■ principle under•' which shareholders and customers of the Association will■ shares in the profits, according to methods to be determined from time to time by. the Directors, and for the other ' purposes mentioned in the Memorandum of 'Association! a copy of which is endorsed on .f J tolhe-beat advantage,- 'But the real difficult. ' tin's-of all suoh institutions is the beginning ;; lor 'they must have capital fat comniand; and* have suoh fiimnoial arrangements, not only in th'o Colony,' but in the various ! hiarkets of the-worldj as will inspire the utmost confidence to enable it to build up a flrst-oioss oiedit and good name, and thus transact business on'rook bottom limits, The profits-jpf the Assooiation after: payopt of expenses will .belong to,': and be distributed amoegst'the shareholders, It is at present proposed alter ■' payment to shareholders of a dividend 0f.7 per cent " up capital to divide 1 s the ohief';celit/eß| .'commodious^business premises reple'tewith facilities foreconomitributing trade, Experienced managers with a thorough knowledge of local requirements are indis. pensible for' the-'efficient' conduct 'of the business, and : for keeping good 'saleable clean stocks, ■ , ~ It is necessary to know in what markets at what seasons, and in what quantities to importance to know how,'where, and when the s,' Qccirding to the' asaoiint Of Uuaipess done bj-eiich', -'tuiid a bonus to employees, and to oarry part to a Eeservo Fund fortM equalisation of dividends, and for the diitirioti object of Btarting o'r 1 iuvesting in such local industries iu the district, as will prove conducive to t|ie welfare of the shareholders, employ labour,' ajld'pronjote the wealth audi population of the district; The. Asaooistion .will wherever sufficient inducement is. offered, by. settlers and others, and subjcot.to the consenti.of tho Bhareholders, endeavojir to' ally .itself, o amalgamate, with similar institutions, coHduot 'Of business, This is far from ;being a speculative concorn, The businesses of tho vendors have heen carried on: successfully .for the 'lasfc twenty-five years; and the promojieta have such confidence in tho {ujuro of'the Association that they are'prepared, bo long as Mr Cplberg iB allowed a controlling voice in the management of the concern as hereto' fore, to guarantee Vdividond of not lesi than 6 per cent for the next five'yearsi • it shoilld be'plainly understood (ho promoters do not desire; nonti the futuro, ;• to I'ttjp' out', their : capital, but : . to mj on tho business on the new lines with by all 'tho'present staff," many of whom have been known to youforthe last fifteen at lute cost, and all bad or old'stock has' been reduced to. the market value or taken" away altogether, 1 - ' ■' '■ ' ' Book debts taken over aro ■The following contracts have : .i;.A berg & Co., and the Association, ■ 2. A contract between Nathan&Co,,'ond tho Association : ' Applications for shares should : be made upon the accompahyinfr form,' and forwarded to the Bankets o the' Association, together with the amount payable'on apjilication', ' If'iio",allotment' ,is ; mada. the deposit will he returned' without deduo ' tioq, and where the number'of:shares allotted is'less.than the numL-er applied for, surplus will be credited in reduction.'of the amount payable on allotment,"' ;: A form ot Application' for Shares is an' nexed,:and a copy ol the memorandum of Association, will be found endorsed on hisprospebtus; Acdpy of tho "Articles of Associationy . and of-the oontracts'.above mentioned may be inspected at the oljice of the Asßopiation'a SoUoitors ' ' ' Datedthis ; Vday of" . 1892. ; (Signed) M, CAbELBERQ & CO. (Signed) JOSEPH NATHAN & CO. ; "THE COMPANIES ACT,; 1882," ASSOCIATION LIMITED BY SHARES. MEMORANDUM OP ASSOCIATION OF THE WAIRARAPA FAIIMERS'-CO-OPER-ATIVE ASSOCIATION, Limited. (FOBMBBLYM. CASELBERG AKO CO.) 1. Tho same of the Association is "The Waibabapa Farmehs' Co-opebative Association, Limited," 2. .The Registered Offico of the " i will be situated 'in Masterton,' in' the ; Colony of Now Zealand. 3. :Tlie objects for which the Association i * : !; established are , - J (a, j To acquire by purchase, as a going concern ' ■ ithe stock in trade, property (real and pcr- : i sonal); book debts, and good will' of the business now carried on by Mc»b« M, 'i Caselberg and Co., of r Blaatcrton and i Greytown, Stoiekeepers; and tho-prem-i tses where that business is no w being car;ricd<on at Masterton and Greytown) also • to ac4uire by as 4 going concern, ith'c sMt in. trade, property (real and per- . sonal),'book dcbtß;, ond goodwill'of tho Iretail business now, carried on by Mcsstb ; Joseph.. Hathan h Co.; at Tinui, in tho I ;District of "Wairarapa; and to take ovor ; the said businesses as going concerns, as oh iaiid from tho fast day of February,'lß92, and to pay for tho same cither by shares wholly paid up, : or by .shares partly paid up, or by cash, or partly in one of, such ' ways and partly in another, (b.) To accept, take over, undertake, and cany lout to completion all contracts, engageimcnts, and liabilities entered into or Incurre'd'in connection; with t||o $4 business or either of thejfy y To mj on in District, and iii Now ; jealand,'. and' it) any : jurt of the world, the businesses of Whole|salC' fcue'ral'Merchants turers, and Retail Qeucral Dealers and ; S3ho|>lswprß, »Sd Farmers and any other or occupation (whether of .awmiliar kind to those specially named or jot) which the Directors may from time to tlmc.think it advisable to; embark the capital of the_ Association upon or join in, and so that in . every case the JJuectora shall have Jower to enter uponV-antl carry 'on' ahybvismfiss'upon' co'-opiiative- principles, « ! .'r ■' ■■' ' • • (d.) To purchase stock in trade for'such business, from time to time. , upon suoh terms as to the Directors Bhall seem fit . a) From time to time to purchase, accept leases for terms of years of, or acquire on any other tenure! land,''stores,'shops, and Mother buMms", whereou the businesi of ] c V i J ] ] I 1 a I \ a o o V ti