Los Angeles herald., 1891-12-12
A NEW SCHEME.
THE STATE BOARD OF TRADES
LATEST MOVE.
Southern California Asked to Come into
Fruit Booming Project Which Will
Be Controlled by San Franciscans.
The Prospectus.

The state board OF trade is trying to
organize a company for promoting the
sale of California fruit in England. The
prospectus of the company is given
herewith. 1t will be noticed that San
Francisco men will entirely control the
affair. Whether Southern California
should support the move is open to
question. The prospectus is as follows:
1t is proposed by the California state
board OF trade to organize corporation
for the purpose of promoting the sale OF
California products in the city of Lon
don, England, and elsewhere in the
United Kingdom of Great Britain and
in the continental countries of Europe.
The corporation is to be organized
under the laws of the state of California.
The capital stock shall be $4,000,
fully paid up in 1000 shares of the par
value of $40 each, payable one-half upon
the completion of the corporation and
one-half as called for by the company.
The principal place OF business of the
corporation shall be in the city and
county of San Francisco, California.
There shall be board of five directors,
three of whom shall reside in San
Francisco. who shall have the manage
ment of the corporation.
The first and immediate purpose of
the organization shall be to introduce
into the markets of England and Ire
land, the fruits, dried and green, and
nuts, and the wines and brandies of
California, and such other of the prod
ucts of this state as may be sold in
those countries and may need the aid of
this corporation to be marketed or in
PRODUCED.
One agency, and no more, shall be es-
tablished abroad during the irst year of
the company's operations, to wit, at the
city of London, England.
The company may purchase such
California products as the directors shall
deem it advisable to sell again, or other
wise dispose of, and may also receive
on consignment any such products, and
may sell the same, charging the usual
commissions therefor.
The California state board of trade
will aid by its counsel and advice and
by such proper supervision as may be
requested by the stockholders of the
company, and will do all in its power to
promote the objects of tie company.
Recent investigation of the California
state board of trade has made it reason
ably certain that a large and profitable
market awaits us abroad for many of
our products, and that by an enterpris-
ing and intelligent effort, we may avail
ourselves of that market.
One of the purposes OF this move
ment is TO explore the field and point
it is hoped, will soon occupy the ground
nd Narvo n az, lu cot, hl;oh In NO VI re-
we seek for our products.
There is no reason, however, why the
corporation should not ultimately prove
financially successful and enable its pro-
| motors to engage permanently in trade
abroad through its agency, should they
go desire.
In any view, the first object is pa
triotic one, and should receive the cor
dial support of all who are interested in
our material development.
| The plan here proposed was submitted
at the last meeting of the California state
board OF trade and received its approval,
and the members whose names appear
at the head of the subjoined subscrip-
ton list subscribed shares as there
stated. The entire capital stock can
soon be obtained, if all will aid little.
Persons receiving this prospectus are
requested to obtain such signers as they
can and return the paper at once to the
state board of trade.
Should the subscription list exceed
one thousand shares the company will
be formed on the basis of the actual
number OF shares taken, it being under.
stood that no company will be formed
unless at least 1000 shares are taken.
The following North Californians have
subscribed to the stock, each taking ten
shares, except Mr.. Lubin, who takes
twenty: N. P. Chapman, Red Bluff,
CAL; w. H. Mills, San Francisco; J. S
Emery, Oakland; Eugene ]. Gregory
Sacramento city Tyler Beach, San Jose
j. A. Morrissey, Stockton; A. Gallatin
San Francisco; D. Lubin, Sacramento