COMPANY AFFAIRS.

Auckland Star, Volume LX, Issue 282, 28 November 1929, Page 4

COMPANY AFFAIRS.

FULLER-HAYWARD THEATRES.

DEBENTURE ISSUE,

With an authorised capital of £250,000 the directors of Fuller-Hayward Theatres offer for subscription £100,000 of *8 per cent mortgage debenture stock, secured over net assets valued at £328,000.

The corporation owns, leases, or is financially interested in 60 cinema theatres throughout the Dominion, _ and the "imposes of the present issue is to complete the corporation's reconstruction programme whicli has included the building or - rebuilding of twelve theatres and the installation of talking picture equipment in 30 theatres.

Copies of the prospectus may be obtained from the Craig Investment Co., Ltd., c/o Wallace, Bruce and Duthie, Shorthand Street.

HIKURANGI COAL COMPANY. THE MINE UNWATERED. Shareholders in the Hikurangi Coal Co. will be pleased to learn that the mine has now been unwatered; the bottom of the shaft having now been uncovered. This will.enable the motors of the 6 and 9in pumps to be recovered and moved to another position in the mine, for which purpose a short ttramway is to be laid. This company should soon be in a position to start breaking out coal to supply the purpose a short tramway is to be laid, demand for the railways in the North, and also the ordinary customers.

BUSINESS AMALGAMATION. It is announced that Winstone, Ltd., of Auckland and Wellington, have purchased the business of the Wellington firm of W. A. Choate, Ltd. The amalgamation will take effect as from December 2. Mr. W. A. Choate has acquired an N interest in Winstone, Ltd., and will take a seat on the board as -'a Wellington director. PERPETUAL TRUSTEES CO. Mr. A. C. .Bretherton, Christchurch manager of Perpetual Trustees. Estate and Agency Co. of N.Z., which has its headquarters in Dunedin, is at present on a business visit to this city.

TWO NEW REGISTRATIONS. Details of twp public companies registered in Auckland yesterday are as follows: — The New Zealand Co-operative Pig Marketing Association, Ltd. Objects: To acquire as a going concern the business carried on at Hamilton by the New Zealand Co-operative Pig Marketing Association (incorporated), Capital, £25.000 in 250,000 shares of 2/ each. Subscribers: S. H. Jud'd, J. E. Leeson, C. H. Dearlow, B. H. Buddin, D. S. Ross, D. Fulton, and D. N. Chambers* 10 shares each. The Concrete Block and Ti}e Co., Ltd., manufacturers of concrete? products. Capital: £6000 in £1 shares. Subscribers: A. E. H. Potts, 1600 shares; T. S. Piggin, 1448 shares; H. C. Curlett, H. W. Jacka and W. J. Lovett, 50 shares each; W.' R. Cashmore and J. W. Hyland, one share each. D. HAY AND SON. The first annual meeting of D. Hay and Son, Limited, nurserymen, was held on Tuesday, Mr. J. Hunter presiding. The report and balance-sheet were adopted. In moving their adoption, the chairman said it was a little over a, year since the company was formed. The accounts showed that stock had been increased from £700 to £2215 during the year. After making a"~-substantial allowance for depreciation, a balance of £112 was carried forward to next year's trading account. The directors, Professor J. C. Sperrin-Johnson, Messrs. F. H. Leonard,. J. Hunter, N. R. W. Thomas and R. L. Thornton, were re-elected. Mr. R. A. Spinley was appointed auditor.