THE WANGANUI WOOLLEN MILLS, LTD.
Tho prospectus of the Wanganui Woollen Mills, Ltd., appears in our advertising columns of this issue. The company is now registered ; over 30,000 shares having been subscribed in Wanganui and district, to date. The Provincial Directors of the Company are all well known men, and their names alone should be sufficient guarantee that tho affairs of the Company will be fully protected by able administration. Shareholders will have the opportunity at the statutory meeting of the Company, which the "Companies Act, 1P0&;" requires to be held within three months of registration, of electing their own representatives to the Board.
It is desired thats intending investors should know that there are no promoters shares or loading of any description in connexion with the Company. Shareholders coming in now will be on the ground floor.
Several sites for the proposed woollen mills have already been offered to the ■Company, but no property has so. far been acquired, or agreements made to purchase.
An opportunity seldom occurs by which the general public may invest in such sound business as is now offered. The prospects of operating successful woollen mills in Wangariui axe very preat, and the public need have no misgivings as to a. prosperous future. The application money is 2s per share, and another 2s per share is required'on allotment. The calls will not exceed 2s per share, with intervals of at least three months between each call. Applications for less than 20 ■shares will not be received.
Intending investors may obtain copies of the Prospectus and Memorandum of Association and Application Forms from the Chief Broker,'Mr E. M. Silk, of Messrs Silk, Ha worth, and Company, No. 44 Maria place, "tt'nngnnui, or from the sub-brokers, J, 0. Jameson and Co.. 152 Hereford street, Christchurch. With a view to a speedy realisntion of the scheme, the Provisional Directors and Brokers appeal to the general public to give their assistance without deliy. Time is money, and profit will bo lost by procrastination. 23
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Bibliographic details
Press, Volume LVI, Issue 16850, 2 June 1920, Page 8
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335THE WANGANUI WOOLLEN MILLS, LTD. Press, Volume LVI, Issue 16850, 2 June 1920, Page 8
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