PROSPECTUS. . :;> of the Raglan and Waikato Native Company. - CAPITAL ... £SOOO, a Iu 500 Shares, at £lO per Share., ■ i"T<HE following are the Rules by which I the company is to be 'oohd ucted : 1. The Company' is to be conducted by the- following Directors:—Te Mbananui Ihimimera, Turingenge Hepata, Rapata Krnpt«, Wataranihi, Horomqna Ngatipare, Mita Karaka, and Aperahania K. Patene. 2. Europeans are not to hold shares in the Company. 3. The persons authorised' to receive money on behalf of the Company aw Ngatai, Henare, Wataranihi Kipi, and A. T. Patene, who is their Chairman. 4. An annual statement shall be made to the shareholders, showing ia what way the funds of the Company have been appropriated, and what remains in the hands of the Company. 51 Any shareholder wishing to retire' from the Company may sell his share or shares; but if unable to dispose of his interest he shall remain in the Company. 6. The conductors of thojCompany shall be assisted at each meeting by one or more of the shareholders. The business of these meetings is to bj conducted in the presence of the shareholders!. > 7. Shareholders shall.bSlantitled to their proportion of the profits of the Company from the date when their shares are fully paid up. 8. It has been determined that the sum of £5 shall be paid, and this sum only, on each £IOO in each year, on all paid-up shares. This amount shall be paid at such time, and such time only as thn Directors shall determine. 9. The Directors shall give notice when such money shall be paid on account of shares. 10. When all the shares shall have been bought or taken up, then the shares shall be increased in value. 11. All accounts, and writings, and records of the proceedings of the Company shall be kept in tue Maori language. (Signed,) APERAHAMA K. PATENE, Pro MITA KARAKA NGATIPARE, Secretary of the Company. Out of the 5000 shares in the above Company up to the present time, 200 shares have been sola. Any Maori who may wish to become a shareholder in this Company, must apply in writing accord ■ ing to the form below, and send bis application to the Chairman of the Board of Money Collectors of the Company, to A. Tautari Patene, and forward for each share taken or applied for the sum of £2 10s, which is the firstjsum paid on each share when taken tip, or applied for, and the remainder which is due on each share shall be forwarded by tho applicant at his earliest convenience ; but if those who apply prefer, they may send the full sum for each share, that is £lO at once ; and if any Maori asks for two shares he must send £5, and so on in accordance with ft* numbers of shares asked for. No shara Iw than £2 10s shall be given to any Maori whatever, aud this is the first sum paid on each share. The following is tf l * form of application ■ - •. A, Tautari P; .»ne, Money Collector for ...-) tiaglan and VVaikato Company, at Ngaruawahia, VVaikato Friend A. T. Patene,— Salutations to you, I wish to take for myself in the above Company, and I enclose herewith the sum of P0und5......... Shillings, which I send as having taken those shares. Enough, from your loving friend. Write your name here..... .... With the name of your kainga here Enter here the nature of your employment (Sigued,) A. K. PATENE, Secretary for the Company. ,OUTLEDGE, TT/ENNEDY & Co. MERCHANTS, AUCTIONEERS and COMMISSION AGENTS, "Napier and Port Ahdriri. . Auctions held both in Town and Country. Free and Bonded Goods Stored. Entries passed, and general shipping and Custom-house business conducted. Agents fob the New Zealand Steam Shipping Company. Australian Mutual Provident Society. Victoria Fire and Marine Insurance Company. South Briti«h Fire and Mariae Inurance Company. Standard Insurance Company of Ne* Zealand. New Zealand Distillery Company. ROUTLEDGE, KENNEDY & Jo. Have for Sale at their Stores, Port jurii' and Napier, the following, es lat arrivals—--10 tons Grave's and M'lntosh's Oamai Flour 2tons „ „ ,',' Bran ton Canterbury Cheeao 3 tons Y Sugar, in bond Marshall & Copeland's Dunedin Ale Martell's Brandy in case De Faulong's Brandy, •in case at '■• cask . Hennessy's Brandy, in qr-cask Old Jamaica Rum, in bottle Also, (of their own bottling) The finest brands of Port, Shgrry, ai.-.l Whiskey.
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Bibliographic details
Hawke's Bay Times, Issue 1596, 24 July 1874, Page 297
Word Count
723Page 297 Advertisements Column 4 Hawke's Bay Times, Issue 1596, 24 July 1874, Page 297
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