Page 8 Advertisements Column 1

Waikato Times, Volume 98, Issue 15320, 22 August 1923, Page 8

More malicious misrepresentation and encouragement of misunderstanding is directed against the co-operative share-holding system than any other aspect of our business. The system is simplicity itself, and the only fair way of apportioning reward to responsibility and safeguarding the interests of suppliers and shareholders. NO COMPULSION. There is no compulsion upon any fanner supplying the New Zealand Co-operative Dairy Company, Ltd., to take up shares in the Company. His supply is welcome whether he applies for shares or not, but it PAYS HIM to become a shareholder. Once a man applies for shares he receives a SPECIAL PAYMENT over and above that paid the non-shareholder. This payment—fd per lb. in tire case of butter shares —is credited to his account until the £1 shares allotted on the basis of one share for every 701bs. of butter-fat supplied, are fully paid up. This takes about five years. No cash deposit or contribution is asked from the supplying shareholder in this process. Once shares are fully paid up on this self-paying principle the shareholder receives that fd per lb. butter-fat IN CASH. It COSTS NOTHING to become a shareholder. The nonshareholder and the shareholder in the first stages receive EQUAL CASH PAYMENTS; but the shareholder, by expressing his preparedness in the interests of his own Company to accept his full status as a contributing shareholder, is given an EXTRA PAYMENT, which builds up a reserve, and which eventually earns an EXTRA CASH PAYMENT of fd per lb. on every lb. of butter-fat supplied for butter-making. This system means that if a non-shareholder receives 1/6 butter-fat, the shareholder receives 1 /6f. The fd is EXTRA. Fully-paid shares in the Company are negotiable assets which the shareholder secures compared with the non-shareholder. Original “-A ” shares are resumable after the cessation of dairying at their full cash value; “B” shares to the extent of 75 of their paid up value. All branches of the business are independent of the others. Each must stand on its own footing, and no department supports anything but itself. Cheese, casein, and milk powder shares are operated on the same principles. The New Zealand Co-operative Dairy Company Limited HAMILTON - PAEROA - AUCKLAND

The recuperative qualifies of a drop <|ood ScotcK. are universally relied upon. i & c 79 Wl\l distilled and Mended under - expert supervision and allowed to mature for years in wood isA MAINSTAY TO THE REPUTATION ‘Tk WV 1c FOR STIMULATING AND SEDATIVE POWERS OF THE BEST CLASS OF SCOTCH WHISKY

1/ SPECIAL OFFER OF CYCLES To enable Hamilton residents to do away with that most irksome mode of travel—• —walking—we are selling this month, HIGH GRADB BICYCLES FROM £9 10/UPWAKDS. , £3 DEPOSITBalance per week. S/Surely these are the best terms yon could wish to secure when purchasing a cycle. Make up your mind to-day. You’ll never miss that 5/- a week and you’ll have a sound machine to ride around on, ALWAYS. COME AND SELECT YOURS VICKERY LTD. CYCLE AND MOTOR IMPORTERS. VICTORIA STREET HAMILTON. ’Phone 1455. P.O. Box 100. AND AT FRANKTON. You can be WELL DRESSED and practice economy by having your old suit, costume and overcoat drycleaned or re-dyea and tailor pressed by the WAIKATO DYE WORKS. VICTORIA STREET. HAMPTON. Te Awamutu Agent: MRS NEAL, Dressmaker and Ladies’ Outfitter. Cambridge' Agent: MISS BROWNING. Milliner, Victoria Street. Nazene the great little cold curer: 1/fl a Wtle Prepared by J. N. Irvine, hLP.S., Chemist, next farmers Auctioneerfntr Co%tfancssf Ulcefs! No matter how old the ulcer. Varex permanently Treatment will No resting. Get free pamphlet. ERNEST HEALEY Chemist AR EX FOR VARICOSE ULCERS