RIALTO PICTURE THEATRI.

Auckland Star, Volume LIV, Issue 213, 8 September 1923, Page 5

RIALTO PICTURE THEATRI.

CXniPAXY GOES TO ALjjOTMENT. FETAL RUSH FOB. SHARES. The Rialto Picture Theatre Co.. Ltd., proceeded, to allotment yesterday, the minimum number of shares neoessary havinjj been over subscribed. Operations will .be commenced forthwith, and Newmarket will soon have reared in its ■busiest shopping centre a new ])alati,il of the finest in Xew Zealand. Flanked by attractive shops, the vestibule entrance will lead to inner shops and offices, uiul then the magnilicent au.iitorhim, seating 1400 people. Suniptnus tearooms will bo located on the tirst floor, and a billiard parlour on the top iloor. Tlio company is fortunate in acquiring the freehold of such an important site, which must increase in value as the year* μ-t by and make the company's shares a very sound and profitable investment. It is anticipated that the small balance of shares still available for public subscription, will be snapped up \erv quickly, a* they have been in keen demand during the past few days. The prospectus may be seen at the offices of the following, or will be posted on. application to <ieo. C. Victoria Arcade-. W. X. (iambic, p, all k o f Xc.v Zealand Buiklinirs; the. Secretary, O. O'Halloran, National Bank Buildings, .Shortland Street, or any menibpr of Clio Auckland Stack Exchange.—(Ad.)