Page 16 Advertisements Column 4

Evening Post, Volume CIX, Issue 114, 18 May 1925, Page 16

you think PIANOS "* ~ fiH BBW Ways,"AMERICAN" FLASHLIGHTS H. NIMMO & SONS Ltd..Sagagsa 11 .*—-™™— HIGHUid s^ — srocaiKllit. Look \ # v y—w __. : SnsCTAOJS for 01u« Üb:l. \ If] . ki IT 1/^ : SKCTMUS —J'OV/ —— ' " • ■ W*»nO »g MANNERS ST,

THE NEW ZEALAND 1 GUARANTEE Corporation, Limited CAPITAL - £500,000 ISSUE OF INCREASE OF CAPITAL 150,000 <£1 ORDINARY SHARES Pioneer Invest your money in a Company of assured standing. The New Zealand />.„.„„ Guarantee Corporation Limited is the pioneer organization in New Zealyompany and to finance credit sales of motor vehicles. It was successful from the very start, and its position has been steadily growing stronger. The present offering of 150,000 Shares is portion of a new issue of 200 - 000 Ordinary Shares, 50,000 of which were issued to Shareholders, and were largely over-subscribed—over 90,000 having been applied fdr. Before the Prospectus was issued, reservations of over 20,000 shares were also made by the public. . - The balance of the 150,000 Ordinary Shares are now Offered to the public at a premium of 2/- per share on which-the.re will be payable 2/per share on application and 4/- per share on allotment (which includes I/- premium). The balance will be payable at: such time or times as the same may be called up, but no call will be made of more than 2/- per share; no call will be made payable before the Ist day of September 1925, and there will be an interval of at least 3 calendar months between calls. It is anticipated that the shares will not be called up to more than 0/-or 10/-, including the premium.. • * '■'. ■ ■ . ■■*-■ ' , . ■ Great > The Cor Poi"atlon commenced operation in August, 1923, and the business transacted has been profitable and up to expectations. bUCCeSS There have been no losses of any kind. The Preference Shareholders were paid a dividend at the rate of £7 per cent, per annum to 31st August, 1924, and an interim dividend at the same rate to 28th February, 1925. ' \ The Ordinary Shareholders were paid a dividend at the rate of £8 per cent, on the amounts paid up on Ordinary Shares to 31st August. 1924 (the end of the Corporation's first financial year), and the sum of £2,746 2s. 2d. was carried forward into the current year's accounts. • A half-yearly dividend to 28th February last, at the rate of £8 per cent . Per annum, has been declared and paid on Ordinary capital. The volume of business transacted by the Corporation now approaches the half-million mark, and the proceeds of the present issue can be profitably employed. *'.•"'-• The net ascertained profit standing to the credit of Profit and Loss Account at the end of the half-year ended 28th February last is £12,455 Is /d. Inis sum does not take into account income from loans falling due beyond tha» date., amounting to £8,850 16s. Bd. - Future The business of the Corporation continues to increase very conProsneds sldera?J? a"d satisfactorily, and the Directors anticipate being in M-rospeclS „ position to recommend the payment, from the profits earned during the current year, of.a further dividend at the rate of'not less than £8 per cent, per annum on Ordinary capital, in addition to continuing the payment of a dividend of £7 per cent on the Preference shares, and placing a considerable sum to Reserves. / The expenses of administration are well within original estimates. The Corporation is thoroughly established throughout the Dominion. The number at[shares held by the Directors and the Manager, who all took up their full quota in the recent issues, now totals 33,455. Futureprospects may be said to be 'distinctly'^encouraging. A large proportion of the business already transacted extends up to 1927. and the interest accruing on loans repayable in the> future already amounts to a : . . large sum. ' " ' ,-. ,:. : "■'■ ' » she,5 he, r?? ratiolJ. eni°ys the hearty" approval and support of the New ■■*■:■: lan. d Mot°r X rade Association, and a large number of Motor Traders . . . -; throughout the Dominion are Shareholders.. - .. '.....■■- ■■■■"■ ■:■••' Method Of For tenent of those investors who are not alrep'dy ' ';' ■■'■■■. . • „ acquainted with the methods of the Corporation, the operaUperCltlOfl' tlon3 summarised arei— • .(a) Providing Credit accommodation for accredited DlsV , l A rlbut? rs of Motor Vehicles, etc., within the Dominion. ...... A DJ Assisting approved.individuals to purchase. ■■■'-■"■ (c^ F?"?.? 1? 11? sP. eaking, to supplement existing Banking facilities. _..■ ° '■■ \ '■'.-■'"' / will have ho interest in any make of j ._— « Directors? / etc. It is not concerned with any particular manuThe TJsht Hsnoui-ablß SIX JOSEPH WARD, P.CX, ' ' I ? l cturel "> a"a deals only through the Agent'or Distributor : Bait., (Chairman). , , .1 he purchaser pays a substantial portion of the nurcha,^ STUART WILSON. Pr", plus the Corporation s charge, for .investigation, inJlanaeer: '■ . terest f"d- collection. The purchaser also meets the InsurFRANK H. TAYLOR, 13 Grey St., Wellington. : ancc charges:- ; . - -- BANK 0,^ SOUTH WALB^ \ The^afe^nSe^S^SSt ffAss^™R'-- :■ p^thTc^it^r^nL:nde^^^ D. M. FINDLAT & MO^IIb^T I.ambton Ouav • *' fore. g°lng> h™® he obvlous-*at immediate action ■ Wellington. : J^mbton Quay, is necessary if ;you ivish to secure ■ shares. . Apply to-day Brokers: . ': and forms of application, obtainable at the W. N. GAMBLE, Auckland; W.-A.'OTT-& CO LTD "S ' £ %' k wT^"^?' a"y branch °f the Bank of „ Invercarelll; FBNWICK BEOS., Dunedin-' CAY* ew i)outh Wales, or from any member of the affiliit^ GILL, NEWBURGH & Co;, .Chrlstehurci"". "■ Stock Exchanges in the Dominion, or from «™ ~f ,1 And other Membt-rs^afflliated Stock Exchanges of ■ Company's representatives. "om a ny c t the , O«nT«roter : i^T'T "?!' *? '*"*, ""''* 7" S^** of receipt, and in A. M. AJJAM3. Wellinglon. ' T/#* > i'^w""*?!*'' °' ?A 6weltownt ft »«**' mimum ■ him in in PQted that the whole of the issue will be quickly taken up.