Page 2 Advertisements Column 4

Timaru Herald, Volume CV, Issue 16081, 30 September 1916, Page 2

; . NOTICES. of tho objects of this Association or which iii.aj' seem to the Directors calculated directly •or • indirectly to enhance the value of any part of the Association's iiudertakiiig, assets, property or rights, ,-facilitate or improve any of its projects or businesses. , n (22) To promote any Company or Companies for the. purpose of acquiring I or any ol' the property, rights and labilities of this Association, or for any other purpose which may seem to the Directors directly or indirectly calculated t<> benefit tliis Association. (23) To take or otherwise acquire, hold, and dispose of shares, stock or debentures, in any other limited Company haying objects altogether or in part similar to those of' this Association, or carrying on any business which in the op in ion of the Directors is capable of being conducted, so as or indirectly to benefit this Association. ■- - (24) To enter 'into partnership or •into any arrangement for sharing profits, union of interests, reciprocal* concession, or otherwise with any person or limited Company carrying on orengaged in, or about' to carry on or engage in any business or : businesses, or transactions which this Association is authorised to carry on oiN engage in, ,or any business or transaction capable" •of being conducted so" as -'directly or sindireotiy to beliefit'' this Association I■•' />' (25) To act a.s agents.and brokers for any person, firni or Company, and to .undertake and perform ... sub-contracts, ,aiid also to do all or any of the'above :things or acts in any of-the-businesses ;of tho Association in any part of the iworld tlirough •or ;by means of. agents :brokers, trustees, sub-contractors*, or. .otherwise, and • eitlier alone or in conjunction with others.. - < •• -i (26) To purchase or otherwise acquire andundertake all or any part-of the business property and liabilities of and. to amalgamate with, any other Association, Company, or person, tho objects of which or' whom shall be altogether |-or in part similar - -to - those otthis? j-Association.-- t |' (27) To enter into* any arrangement jwith - any. Governments or . authorities supreme, municipal, - local ■ or otherwise" ! that may seem to the Directors coniducive to the Association's objects, Or; Jany of them, and to obtain from any isuch : Government i. or authority any, rights, privileges and: concessions :which 'the Directors of/the Association- may think it desirable Or expedient to ■ and to carry out, exercise-.and :comply -with any such- arrangements, , rights, privileges and: concessions. { To obtain :any provisional order >or -Act.of Parliament lor enabling the. ■'Association to carry any of. its objects iinto effect,- or for -baining any modijfication of - the Association's constituition,- or for any,,other .purpose which ;inay: seem to the.i Directors, expedient,-.; (and -to oppose any-proceedings or appliIcations which' may-seem calculated jdirectl.y or to prejudice, the interests. ■-(29) To support.-and subscribe-to. or (establish or.:, aid ..in,-tho- establishment !aiid support of-;the Association's insti-; ,tut-ions>, provident and benefit funds,t: 'trust societies-or :ctabs, which may be, 'foi-'the-benefit, of--the Association employees or ex-employees, or which may be, connected iVit-h any city, town, district, or place where the Association .carries on business, - and to grant .pensions and allowances, and give gra-. ; tuities or charitable aid to any person: •ob persons whiOiiisave served or benefited 'the Assoriatioflfeorvthe relatives or de.ppn'dents- of such ; persons, and to con-.-.' :tribiite to. any charitable or public or ■quasi-public or .useful, obiect.

[ (30) To secure payment of all or any ■part or parts of the liabilities and Iclaiins, hereinbefore. mentioned, as taken over by this Association from the ;said old Company,' and all other liaIbiJities and claims to-be contracted by Hhisj. Association, with interest thereon, by-all of any. of:tlie means mentioned in Sub-Clau'S& J .(i7)' hereof. ' •" ; (31) 'lo receive money on deposit on 'sifcli' tSrins;- its -to r rate ol : interest 1 ah'cl= Otherwise, as the .Directors may think lit.. /. _ - ■■•.'.'7*: | ,(,32) lo make, accept, endorse and Execute .isi;6'niissory : ''notes, bills '{if' exchange,'".'and '-other: 'negotiable'? in l -' istrunients." .. " v. : : 'V' , '• • -■' • ; (33).. lo sell, exchange, improve, manage, develop, "lease, dispose 01.- ; or deal with all or any part Vf •tli. eproperty of tliis;ASsocidti6ii'. " . ' ; - (31) To. carry on the • business- of 'inisuralirce of "any description or kind-in rail its branches, and to grant msur- ; ;aiices, ifflD to acquire hold and - dispose of shares: in any insurance-- Comi•pimy or Companies.' H i (35)* To'provide 1 and conduct' refresh-' 'mpn.t rooms, newspaper rooms, reading and; writing rooiiis,' : dressing- room's, jtelepliqnes_ and" other conveniences l for the" iise Of'customers and others. ' : (36). To. make and, enter into contracts' and. agreements for all or any iof the, purposes Of the Association, and from time to'/tiihei'rescind, ; v'ary and' ■aban'doii the same or any of bhem. " . ■; (37) To divido the profits that may 'accrue to tlie Association in the conduct of its bnsiness,'among the shareholders of theAssociatipn'. Pro 1 rata,: in accord-: 1 ;anbe 'witli the amduiit of done by each' shareKdlder, after paying siioh and bonuses, if thought fit, on paid-up capital as may be declared from time to time, after setting aside any, funds,' as a reserve fund, th;at."tlie Directors' of the Association may'tliink' fit. ' . ■ '• '.. (3S) To. confine the advantages of the Assqbi.atioii '(so far as bonuses and other' profits iare' concerned) exclusively to .members. . (39) To extend the operations of the Association in any direction which may seem likely to benefit the member's thereof.

(40) Jo do all sucli other tilings as aro incidental or conductive., to the above objects, or any of them. ' '(41) The objects specified in each of thet above Sub-clauses (1) to. (40) inclusive shall in nowise be limited oi' restricted by reference to or inference from the terms or effect of any other ■ Sub-Qlanse or from the name .of the Company. AND' ' the specification of such objects shall in no respect limit the Association's powers-, as a Kodv .corporate. ■ - AND THAT .the , Directors -of 'ithe Association- are, hereby authorised.'and. .directed to- petition the SupromeX'ourt of Now Zealand to confirm this-.altera-: '.tion.;. !! t . ■ 2. " That., tho Articles oil; Association' • • -of ' the. Association bo altered-as . follows: Under tho _ title "Powers of Directors'" in Article 97 by iii- .; - serting after the word ".Association" in the third line of.the said Article 97 the wot'ds • "as contained in the Memorandum-of ; Association as altered or amended m the year 1916, or at an v .time thereafter." ' "Under the same title,... in article . ,-iP® b -V .inserting the word ! ''- generality ". ift the tenth";line'' -' of. said . Article 98 the words, ;". " and comprehensiveness.'', 3. That in "Article '55',.0f the vArticle.V' • of Association the Avprd. " se\-en ''' in the third.line of t!ie Article'be deleted, and tho word '..'.teiv'substituted. ' " 4 . aiirft'.iii'.'Article' 5.6 of. .the Articles'. .of Association the word arid ui the , fourth -1 ine ' of- the". Article be deleted and the, word, '"of" substituted.;" . •>. i hat Clause 5 of the Memorandum. of Association together with the .i , copies ot various special llesolu- • . tionsMuci'easni.cc.the capital p.y.ss-ed-since the-incorporation of the ■ Axsochiiion ; he deleted, .•nut"the following substituted:-