Page 11 Advertisements Column 3

Auckland Star, Volume 55, Issue 63, 14 March 1924, Page 11

- Important Developments Pending in SANFORD'S FisK li\dt*stry 55,000 Shares Offered to the Public | Abridged Prospectus, Sanford Ltd., Auckland. Authorised Capital - - - £125,000 Divided into 125,000 Shares of £1 each. Subscribed Capital - - - £70,000 Paid-up Capital - - - - £70,000 Unallotted Capital - - - £55,000 \ It is now proposed to offer the 55,000 unallotted shares to the | public as follows:— 20,000 Cumulative Preference Shares 35,000 Ordinary Shares j Following are the terms of payment: 5/- per share on application, 5/- per share on allotment, 5/- per 1 share in six months, 5/- per share in twelve months.. I Any shares paid in full on application 'will bear interest at the rate of 7 per cent per annum for the last i quarter of the present financial year, ending May 31 st, 1924, thereafter ranking as fully paid-up shares. The preference shares will carry a preferential dividend of 7 per cent over ordinary shares, and will then rank equal to ordinary shares up to 8 per cent, at which they will stop.. They will take a preference as to capital on a winding-up. Auckland's Unique Opportunity At the special request of the Sanford family, the The farming community, especially, will be Directors of Messrs. Sanford, Limited, have decided deeply interested in these works, inasmuch as one of to give the people of Auckland an opportunity of the by-products made possible by their erection will . ° ,111 - i • nj •• i •• De the conversion or fish offal and inedible fish, which becoming, shareholders in their so-called monopoly. ... , _ . , , . . .... 5 . * * U k* now cost time and money to get rid of, into a fertiliser Important developments in connection with this 0 f very great va ] ue f or -agricultural purposes. Nitrobusiness have been under consideration for some gen , one of the constituents of this fertiliser, is the ! years, and the world has been scoured in the gathering most expensive fertilising agent known, and the most of information of every kind likely to prove of value useful. Millions of money are being spent in extracts ! in this extension of an industry destined to become ing nitrogen from the air, and one of the main sources a great national asset to this country. The present of organic nitrogen in the world to-day is being offer of unallotted shares for public subscription is to dumped by us as a waste product. We have at our provide part of the capital required for the erection doors, so to speak, a mine of wealth, -which -we are i of large works at Freeman's Bay and the installing no longer foolish enough to allow to remain I of machinery and methods which -will make them the unexploited. Sanford's new works will mean much most complete works of their kind in existence. They to New Zealand in several other directions besides will occupy an area of over 35,000 square feet, and this. We cannot tell you all about it here; we therethe number of sections acquired on the site allow for fore invite you to apply for a prospectus, which will _ further extensions for many years to come. give you valuable and interesting informations AUCKLANOERS! This is the Best Investment ever offered you DON'T MISS IX !! The preference shares are a gilt-edged investment and will be snapped up quickly, but there is no limit L to the value the ordinary shares may ultimately attain. The dividends are certain to be large and frequent. Get '; in quickly and secure a parcel. No application received for less than 50, and you have twelve months to pay . it off, ' I The Prospectus and Application Forms for both kinds of shares may he obtained on application to the _ Company- Office, to the Company* Chief Broker, Mr. G. C. Creagh, Victoria Arcade, Auckland, or to any member of a Stock Exchange affiliated with the Stock Exchange Association of New Zealand. >^ ti\i*s— piL _ jn thjs coupon AN d post it now,. Besides getting into a very profitable con- ! To Messrs. SANFORD, LIMITED, •ii _ .l _.-«:»- c !,»;,._, i Sanford s Buildings, cern, you will have the satisfaction of being Customs Street, Auckland. a shareholder in a wonderful new industry, j which will make possible the manufacture of Please send mc, post paid, a copy of your prospects, ; ~ n j * ; by return mail, many things we are now compelled to import. j There is hardly any limit to the scope and importance attainable by this Company, which is even now a very flourishing business. Don't Address _ lose any time in becoming a Shareholder. _y\ - —zz B.A. A. LTD. - S - — - ■