Talk:Stock and station agency

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Agency / agent

Latest comment: 7 years ago1 comment1 person in discussion

Hi Grutness, thanks for your work. Would you be uncomfortable if I changed the word companies to businesses? Also in place of members I think the word staff would fit better. This is because companies carries a number of inaccurate connotations as also does members. Technically, at law, the members of a company are the shareholders. Most people see the word company to refer to a limited liability incorporation. That is not always true of stock and station agencies. Eddaido (talk) 11:01, 6 October 2017 (UTC)Reply

A New Zealand native definition of a Stock and Station Agent 1978, please note source

Latest comment: 5 years ago1 comment1 person in discussion

The correct name of this article is Stock and station agent/s. This fits with Australian and New Zealand practice if not with Wikipedia's current highly individual nomenclature.

STOCK AND STATION AGENTS—Many of the existing stock and station agents first commenced business as general merchants or retailers in the early days of the country's settlement. However, during the greater part of their history, the main financial operations have been in the supply of merchandise, machinery and implements, and the provision of finance to the farming community. The companies have developed a specialised banking business involving the maintenance of current accounts for farmers, the acceptance of time deposits and the granting of secured and unsecured advances. It is a widespread practice for farmers to have current accounts with their stock and station agents to which the proceeds of the sale of livestock and produce are placed and farm and personal expenses charged. Any surplus may be left on current account or placed with the agents on fixed deposit. Stock and station agents have top-tier borrowing priority with the trading banks in order to obtain additional funds to lend for seasonal and farm development needs.

Stock and Station Agents. New Zealand Official Year Book 1978, page 715, Chapter 30 Section 29 Banking and Currency
Eddaido (talk) 04:40, 18 June 2019 (UTC)Reply

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