PROSPECTUS or THE WEST COAST FARMERS' f O-OPERATIVE A SSOCI ATION (Limited.) To be incorporated under the provisions of " The Companies Act, 1882." '.CAPITAL,— £200,000 in 40,000 Shares of 4.5 |each, with power to increase. TpIRST ISSUE of 20,000 Shares Sj are offered for subscription, in respect of which it is only proposed to call up 25s per Share, payable as follows, viz. :— 5s on application, 5s on allotment, and the balance up to 25s per Share in calls of 5s per Share, to be made at intervals of not less than three months. The balance of 75s per Share will remain as a reserve of uncalled capital. It is not proposed to register the A ssociation until at b-ast 4000 Shares are suhscribed for. In allotting Shares regard widbe had lo j riority of application. Temporary Office • NY ANGANUI. PROVISIONAL DIRECTORS Wanganui.— Hon. John Bryce, Messrs T. Higgie. E. E. Fletciier, H. N.Harrison, Alex. Higgie. Wavekley— Messrs W. Wilson, G. Death. James Aitken, Walter Symes, Duncan McDonald. Marton & Bulls.— Messrs John W. Marshall, Donald Fraser, Geoffrey Potts, i avid Scott, John McKelvio, John T. Dalrymple, A. Cruickshank, W. A. Keiller, Arthur Amon, James Howard, James O. Lilly, Alfred Boss Fbilpvng & Halcombe. .— Major F. Moore, Messrs Albert H. Finnis, Charles FitzHerbert, H. L. Sherwill. Lewis S. Browne, Walter Johnstone, W. A. L. Bailey. J hn Pollock, William Mills, Owen Pleabants, 11 . Jacobs. J. R. Joliiwtoue, Alex. Bell, D. G. Riddiford, Robeit Linton. Palmerston Noktu. — Messrs Wiliam Coombs, John Cotter, Richard O. E. Carey, Peter Stewart, G. Remington Jones, A. Russell, Edward John Armstrong. Sandon and Carnarvon.— Messrs J. k. Bailey, James Bull, Robeit B, McKenzie, A'ex. McDonell, '. < m McKenzie, B S. I eimy. .-i-ni-y Hammond, Duncan D. 'Ab-Kev-zio. BANKERS The Bank of New fcon-h Wa'es. SOLICITOR .* Mr T. R. Cash, Hi>h Street. Mavtnn. MANAGER: To be nppointed after first meeting of Share-told* is. SECRETARY : {Pro tm) Mr Walter Sinail, Wanganui. BROKER : MrJohn Stevens, Bulls. REASONS FOR FORMATION OF TBE ASSOCIATION. I.— Tbe obvious necessity thut farmers and all other ptndnoers residerit on the West Coast of the North Island of New Zeelaud, sbou.d ne able to dispose ot their wool, frown meat, grain, dairy produoe, flax, fruit, and any other produots at greatly reduced rates of commission, aud be able to purchase all farm and station i equipments at cost price, plus actual ex y enses. 2. Thesuooesßful results achieved by Co-operative Associations in other countries and in other parts of New Ze» and— notably, by the Farmers' «so.Operative Association in Canterbury. OBJECTS OF THE ASBOUIA. TION. The Association is established for ths purpose of carrying on the busi. UNiol a Co Operative Association in all Its branchw, 'noludinjf the direct importation and supply of farm snd other station requisites, and the Memorandum and Articles of Association will enable the Association, 1, To purchase, lease, exchange, hire, or otherwise acquire and construct any land, buildings, warehouses fer the stoiage of wool, grain, and produce of every description, sale-yards, railway sidings, maohinery, all necesswv plant, stock-in-trade, merchandise, aud all such other res' and persona' property as by the directors tor the -iine being shal be deemed neees^ry or oon- •» enient for carrying on the business oFthe A ssociation . '2.— To sell either by public auction or by private coutraot, live stook
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Bibliographic details
Manawatu Herald, Volume III, Issue III, 3 December 1891, Page 4
Word Count
550Page 4 Advertisements Column 1 Manawatu Herald, Volume III, Issue III, 3 December 1891, Page 4
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