Page 3 Advertisements Column 3

Northland Age, Volume 14, Issue 32, 19 April 1917, Page 3

the district itself, thus enabling the farmer-shareholder to utilise both his stock and his farm to their fullest possibilities. PAT LAMB TRADE. The Pat Lamb Trade would be created with the advent of the works, and this trade would develop into one of the most successful and lucrative, owing to the mild climate and vast amount of country suitable'for the purpose. GENERAL. A suitable site for the Works will be fixed after formation of the Company. The minimum subscription has been fixed at 25,000 shares upon which the Directors may proceed to allotment. Thereafter shares will be allotted as applications are received. The shares subscribed for in the Memorandum of Association are all contributing shares. The' qualification of a Director is the holding in his own right or jointly with another or others of shares (or stock) of the Company of the nominal value of £SOO. The Articles of Association provide that the Directors’ remuneration shall be determined in General Meeting. In the event of the Company amalgamating with or disposing of its undertaking to or entering into any agreement with any other company for partnership or for sharing profits, or for cooperation or joint adventure, the

holders of the “A” preference shares may, by ordinary resolution passed at a meeting of the holders of “ A” preference shares specially convened for the purpose, convert the “A” preference shares into ordinary shares. Upon any increase of capital beyond the original £60.000, the Company may issue new shares with any preferential, deferred, qualified, or special rights, privileges, conditions, limitations or restrictions attached thereto, but so that no preferential right shall be attached'to any shares in such

(k) Purveyors and vendors of electric light or other power of light. (l) Manufacturers and vendors of ice. 2. To breed, raise, fatten, or purchase and keep sheep, cattle, pigs, poultry, aiul other live stock for the piwpose of preparing them for sale, or exporting them or the products of them. 3. To buy, sell, improve, manage, lease, turn to account, dispose of and deal in land, stock, stations, wool, cattle, sheep, butter, cheese, bacon, merchandise, and all or any of the produce and commodities hereinbefore mentioned. 4. To carry on any other business which may in the opinion ot' the Directors of the Company be advantageously or conveniently carried on in conjunction with any of the aforesaid business, or which may seem to the Directors of the Company calculated directly or indirectly to enhance the value of any part of the Company’s assets, property, undertakings, or rights. 5. To insure with any person or company, or in one or more protecting and indemnity associations upon the mutual principle, or otherwise against losses, damages, liabilities, and risks of every kind which may affect the Company, and to take measures for the becoming and being insured of the Company’s property, and of the property of any company or person in which the Company is interested, and to carry on the business of insurances in all its branches, and to effect insur-