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tors is particularly drawn to this apecial feature, as more particularly explained below. . | Advftßtajotes.—The large dividends Avhich the pastoral companies already established in these • colonies for transacting this class of business have continuously paid must be held to indicate that large savings can be effected by those pastoraliflts and agriculturists who become shareholders andcon&tituentsof a company founded on the mutual principle.the application of which win necessarily, at the same time, form a guarantee to the ordinary investing shareholder for the rapid development o£ a large volume of business °Debenturcß.—Advantage -will be taken of the nresent favourable condition of tKe'riipneymarket in London to issue debentures at advantageous rates, which will enable Uve Compan^to grant, ou favourable terms, all usual financial facilities'to its clients. : ':"• , - -■ y t ,-'2 ■, 1 ' Management—Boards will be established in all the principal colonios; and care; Trill be taken to make available to each colony, according to its current buoinoasrequirenients,an | equivalent proportion of the capital at the com- ] mand of the Company (rpm time to time. ; , Shares.—The Jirst issue of shares will, in the 1 first instance, be reserved in the follow jag proportions to supply applications from, each colony viz.: New South .Wales. SQO.OOO shares:. Victoria,- 300,000 aliar.6s; Qtaesnstand,' 200.006 shared; South Australia, 100,000 shares; N&w 25oaland, 50,000 shares j Tasmania, 25,000 shares; and Western Australia, 25,000 but. the directors reserve the power in makingr allotments to have regard, in the first place, to applicants likely to become constituents, to dißpose in other 'colonies an/ shares not applied for the roservatione for each colony, and also from time to time to issue, uppneucl^ tonpsasthey may dceia advisable, shares to custpraors.' It is also intended to offer, the whole or a Bortioh of the next issue in London. Profits.— iTh'earticlqs provide tliat the net pro", fits after providing for maintenance of areasonr able current balance and reserve fund, will be apportioned yearly upon the folloivmg basis:— • (a) In provldirig.fpf; a dividend not exceeding • the rate of eight pounds per cent, per annum upon the paid-up capital. . ' (b) Ah appropriation at a rate not exceeding 2 per cent.'per annum On such ea.pitalto a special fund for equalising dividends,''.p'roTided always tliat no such apprqpriation shall bo made whe«ever the said fund shall ' stand -with the sum of one hundred thpua-- ';■;:: atid pound 3to the credit thereof. ■ n ;&£ ■. m) One-half of the balance shall be distributed 1 amongst the shareholders by way of bonus or additional dividend, and the other half shall tie divided amongst the constituents of the Company being shareholders in propor? tion" to the amount of prollt accruing to the Company from thoir respective transactions 1 -with the Company during the preceding 'year, 'r,. .>• _ ■ ■':. ' . ...■..: '. powers,—The memorandum and articles of assbciatibii Vill onablothe Company tp acquire any similar business already established, and the provisional directors have already in yiew the acquisition on favourable totm? of threes och businesses carrying first-class connections. Powers will also be taken for the Company to act as trustees, execufprs, and agents p£ estates which include pastoral and aßricultural proparties. The memo'riizjdunr ot ' association i^ published herewith, aufl the artioies'oil association can ha inspected at the oftlce at tho solicitors of the Company, Messrs Alien, and Allan.,. Phillip - -street, Sydney,' New ' South Wales; Messrs Cuthbert. Hamilton, and Wynne. Col-Ifns-fitreet West, Melbourne, Victoria j Mesons G. and & Downor, Centyal Chambers, King William • street, Adelnidei South Australia: Messrs Mficdonald-Patorßon, Fitzgerald, and Hdw'thorn, Britibane, Queensland. -:' : : Able and experienced ina»»Kemont in each department will be secure^ ft&d all apponitmfentp will be made by the directors (ufer the floating of |he'oompany. n ~? V' ■frt the formation 6f the Cpmpany no prom 6ter«; shares w»U be issued,. Th^ 90.it of rogislrgtipn. law,. brokerage, printing', R"d sundry preliminary expenses will; however, be made ia Jirst charge itpOii the funds'b'£ tho Gompafay. ■ Already a large numbor of influential staUonholdersin ea.oh colony have promised to §end arid toinlluehoebusiiteseto the Goftipany, «nd many hftye jritimated their intention q£ pecomr Ins large sharelioldors. V ": • ' ■Sljareswillbe.ttl|otted,.aß lan an, practicable, according to ppjority of application, and as may becoHsidefed moat conducive to prpfnptotho bgstintevestf pftheConipanj-. . -r Appjjcatioias will be received by the brokers named herein for the different colonies, and the share list will close simultaneously ia each place. THE PASTORAL. FINAtfdlC. TBitJST. AND agency company oe' austbaiiasjca • (Limited). ~.;,.... ~ .. ,_ ,• '. .... Form pf Application for Shares. To Messrs Aolahdi Barnes, and Co., ' ■~,.'.;. -" Brokers for Now Zealand. Qentlamen,— - . I hereby request you will allot me ' - Shares in the' above Company, and enolose you the sum of < 5 . ~ being the; application call upon ;., shares.:, aud I agree to accept the Siime or nny fosfl nujfiber that/'inay be : ajfpttodto «ip,ftpd.sigo thjoaKtlolesand m«mos--1 andi.iu of usaociatiou when called upon to'doso, Dated at ,this day pf 19;'.. ' ■.".' ■ ".. " , ',' ' '■■ ;■■■■ ■" :■' , .'" ■'Name'1niu1k.'..:.'«;.,...,..... <■■■:■■ ; Full ppstal addre55............ 5ignature........................ I E'orias of Prospectus and Application l-Voviai' ; may bo obtaincdfl'dm ■'~ • '. ACLANB, BiVRNES, & CO., ' , 174, HEREiFORD*STBEET, i CnBisTCHURon. ......., ~'.,

tEttßAfc* FROJI'" FOW," JtriilT 18T, 1885.1 : I^EBOSENE gTOVES! "'"'- ..... (RiPPINGILLJc'a.); .' ~'-i ■■■■■■' •' All sorfcs t and pizes you Way find, and sure tp find one to ydur miiid, fcp'cook yotil: Kieaty fco boil your po(;, to serve for one, to servej'alot] . Oil'cdoiting etoveK ! ' The best you see. to warm pr pdok efflcletitly, at' home, abroad, in tents on hills, most ripping are the ...:' -.. •. ;, '' . ■.;. .'... ; ',:;■'• ....... EIPPINGILLE'S. You will do well to haste and try them,.you can't do better 'cept to buy fchetn J. • • " COMFORT (AND ICONOWY IN SUMMER ■ ,■......, .v,,. ■ cqpKiNGf.'...;■. ■ ■ ~;■; ;;■,. Their' cpmfbrt, dleaiiliness, tsfeoiiomy, and easi of oparatiPHf srtake theitn a real luxury. . Jg t pOETER AND QO., . Queen Street and Blanches.' ' " \" . '* . QUffiEJN-STRBET, - . E«wnowoonTenlencoßfornialdtfgandrep»!rllnß the repair of every dest^pUda id! 'Watchea, Chx'onpßtteiera, jefex, etc.; mujl, to further lnotease Wfl Repalrina; and Manufaotw^ Jnff Department, h^ia disposing of tin remaindes , pjtjjiflPlANO^.atandundorooJit, i Pers<Kis ha-rfng old gold jevrftlloiry can have R 'faaAs up iato new and %gjplmutola artiolos to .tfrder, and ftU the better olaaa of Watehfls anJt ' C^ardnometers receive bis porEonßl superYfaion, [ Etfth'arham'S genuine English Laraw In stooki ■-» Ai'xOJtlifiJN &SQKS'^AFOLLOCbTS OIL BLACKING (JPreseryesl^stther.'and glveg a Brilliaat Polish with very Little Exertlpn. * ' " SQUARE^" BLUE . ;'•■■' tstheFiriestSquare ßluetoitheMarket ■;. •';■ Will bpt speck or stoeak the clpthes. - APOLLO COLD-WATEE |■ " ' SOAP, i '''r^# F&^t^a4br^i^apeTerliitroSU6ed,'■ ,; ~-E.,S, MEDLEY,-^OEirjr,- -

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS18880929.2.9.2

Bibliographic details

Auckland Star, Volume XIX, Issue 230, 29 September 1888, Page 3

Word Count
1,008

Page 3 Advertisements Column 2 Auckland Star, Volume XIX, Issue 230, 29 September 1888, Page 3

Page 3 Advertisements Column 2 Auckland Star, Volume XIX, Issue 230, 29 September 1888, Page 3

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