THE TARANAKI OIL AND FREEHOLD COMPANY.
.The prospectus of the above-named com-.. pany_appears in this issue. Tho company is being forcted to secure freehold Janda, and to bore for and sell and dispose of potroleum oi). The capital of tho company is £15,000 in shares of £1 each, payable 2s 6d on application, 2s 6d on allotment, and Is per month ai required. Tho advertisement state* that the property which it is proposed to secure ia in close proximity to the Taranaki Petroleum Company's land, on which oil hag been otruck, and that there it every reason to lielievo that tho name success will attend tho boring of this company. In tho ovent of thin anticipation being realised it is intended to follow tho example of the Moturoa Petroleum Company, and sell to a larger company. Tho director*) of the company are wall-known residents of New Plymonth, and it if anticipated by the promoter,* that a* a largo number of shares has already bcun applied for, tho capital of the company will be considerably ovcrtubecribed.
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Bibliographic details
Evening Post, Volume LXXI, Issue 135, 8 June 1906, Page 6
Word Count
175THE TARANAKI OIL AND FREEHOLD COMPANY. Evening Post, Volume LXXI, Issue 135, 8 June 1906, Page 6
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