Page 22 Advertisements Column 1

Press, Volume LXX, Issue 21315, 7 November 1934, Page 22

auctions. H. MATSON AND CO. THE FAIRY COW. /a story of high finance. npHE Struggling farmer is missing his -*• opportunities. He ought to imitate his city brother and learn to get rich. Some time ago a city brother visited a dairy farming district and the results were wonderful. He persuaded ten financial magnates in the district to chip in £1 each to buy a fine cow that gave 10 gallons of milk every day. The milk was divided at night and each man received one gallon as his share. . Soon the neighbours far and near heard about the wonderful cow and said to one another, "think of getting a whole gallon of milk every day. "What a wonderful return on a pound investment. I wish I had a share in her." "When this talk was repeated to the 10 men they held a meeting and one of them said: "Let us give these people ■what they want. Our shares in the cow cost us £1 each, and we can sell ©ther shares at the same price." So they went to a printer and obtained 1000 sheets of paper bearing the legend: "One share in the cow." Then they sold 500 of these shares at £1 each, which brought them £SOO and divided the other 500 among themselves as their reward for being smart. Each man of the 10 -now had 51 shares, whereas in the beginning each' had but one. But one of the 10 began to worry. "Look here," he said, "every fellow who bought a share in this cow will expect a gallon of milk to-night, and the cow gives only 10 gallons. When the milk is divided into one thousand and ten parts these new shareholders won't get a spoonful. Shares will drop to nothing. We'd better unload while we can." you have often read our announcements — BUT have you quenched your curiosity by trying MATSON'S with a consignment for realisation? / EXPERIENCE COUNTS IN CRITICAL TIMES. Being the only PRIVATE Firm left in' the Stock and Station business in North Canterbury, we wararnt a share of your selling favours. During the last SEVENTY YEARS we have never had to go outside our own business for Finance. We are noted by all and sundry as PROMPT PAYERS. GROWERS AND SELLERS— You have your own point of view, but it might mean money to you to come and have a yarn with us. WHY? Because our business is built upon sure foundations SATISFIED CLIENTS. ' Our Experts give individual attention to every client, large or small. Our financial position is unassailable. We offer you EFFICIENT AND CONTINUOUS SERVICE. ' Every BALE OF WOOL, every consignment of STOCK OR PRODUCE is dealt with by experts who give studied consideration TO YOUR INTERESTS. H. MATSON and CO. So the 10 men went out on the street fo find investors and each of them sold the 50 shares that had been awarded to him, and thus they obtained a second £SOO to divide among them. But now night was drawing near and again one of the 10 began to worry. "There will be a row at milking time," said he. "Hasten abroad and persuade each of the shareholders to sign a proxy, which is a joker authorising you to cast as you think best the vote to which his share entitles him. Then return with the proxies and we shall do some voting." At twilight the men met at the barn, and in their hands were 1000 signed proxies to represent the absent shareholders. And the 10 were entitled to vote in their own right, for each still held his original share. "Now," said the one who did the talking, "we must organise. This company needs a president, a treasurer, and eight vice-presidents. That gives each of us a job. And since there are 10 of us and the cow gives 10 gallons, it is moved and seconded that each of us receive a salary of one gallon of milk per day. All in favour say 'Aye.'" The motion was carried without a dissenting vote. ■ And then they milked the cow. (Extract Point Blank.) H. MATSON and CO. M.7697