Page 17 Advertisements Column 1

Evening Post, Volume CXXIV, Issue 120, 17 November 1937, Page 17

Tkic abtice U not to be regarded as an invitation to the public to tubicribe for «hare» but i» for the purpose of giyinf information to the public concerning the company. SHORT PARTICULARS: 6% PREFERENCE INVESTMENT New Zealand Chain Store Amalgamation of Two Existing Companies MACDUFFS LIMITED with Seven stores, at Wellington, Christchurch, Lower Hutt, Petone, Dannevirke, Wairoa and Levin. SHILLINGS LIMITED with Eight Stores, at Auckland, Wellington, Christchurch, Dunedin, Hamilton, '\ ■;-■'■ New Plymouth, Palmerston North and Masterton. MA^DUFFS LIMITED (Intended to be incorporated under The [Companies Act, 1933.) AUTHORISED CAPITAL: £500,000—divided into 350,000 ordinary shares of £1 each and 150,000 6 ■'■■■-■ per cent, cumulative preference shares of £1 each; of which— ■ 210,000 ordinary shares and 50,000 preference shares will b* issued as fully paid up in part payment for the assets to be acquired from both companies; ■ 15,000 preference shares and 8 ordinary shares are subscribed for in the Memorandum of Associ- ■'■■ ■' ■ ation; ~.'.' . - . ~, ,; , , , - . 85,000 preference shares and 39,992 ordinary shares are to be issued to the public for subscription. 100^000 ordinary shares are to be held in reserve. DIRECTORS: WILLIAM THOMAS RICHARDS. LESLIE OSWALD BOYD. NOEL BLANEY BOYD. , JOHN GRAHAM BUCKLETON., WILLIAM JURGEN CANDY. JOSEPH SAMUEL LAND. JAMES FRANCIS STEWART. CHARLES TODD. INFORMATION AS TO THE COMPANY. 1. Profit required to pay preference dividend on proposed issue is £9,000. ; 2. Macduffs profit for the year ended 30th June, 1937, was £15,267/15/4. 3. This profit of £15,267/14/2 was made from only five stores, then fully operating as units in the chain. 4. Preference capital is secured as net assets, excluding goodwill and preliminary expenses after deducting all liabilities amount to £300,350/17/10, making a backing of over £2 per preference share. Bankers: Solicitors: NATIONAL BANK OF NEW ZEALAND LTD. HOGG dC STEWART, COMMERCIAL BANK OF AUSTRALIA LTD. Wellington. Auditor: ' \ Secretary: J. L. ARCUS, F.P.A., R. W. SNEDDON, A.R.A.N.Z., Wellington. P.O. Box 634, Wellington. Brokers: . FRATER BROS., Auckland. STEWART, BECKETT & CO., Christchurch. HAMILTON Si. BUCKLETON, Wellington. SLIGO BROS., Dunedin. Copies of the prospectus are available from any Member of a Stock Exchange affiliated to the Stock " Exchange Association of New Zealand. B^V^r IfDE EMM This notice Is not to be regarded as an Invitation to the public to aubscribe ■It I h^llEKlll for debentures and applications will only be received on the. footing of the 7tu>fa»&rt3fr,h!li*>KbL> fu" prospectus dated 20th May. 1936, and duly filed,with the Assistant. fMlSeZfeaeKOurjJltoSUp Registrar of Companies at Auckland, and in accordance with forms obtainable ■*•!■#•■« from the «scretary. Ijjjlk J»rf»sf^? SHORT PARTICULARS OF MWitmWk GOOD AN AUTHORISED TRUSTEE INVESTMENT ■lf Lfln Cj^RE With currencies of, respectively, 5 YEARS (Croup A 2 (S)), 10 YEARS' MIBtMMWMTBh >?r^>Ti« (Group A 2 (10) ), or 20 YEARS (Croup A 2 (20) ), in the case of each issued mSSMtMWmJfi OF YOUR debenture of each Croup, from Ist January, April, July or October nearest JMJ^^^MMJ^F^ LJ in to date °f issue. llßr *s-.Mk U «ter« tha OF AN AUTHORISED ISSUE OF £500,000 DEBENTURES BY ™A* r-™\% N.Z. DAIRYFARM MORTGAGE COMPANY LIMITED MTSmWMV^J lrolt tmoo<h|y-" '• with INTEREST at £3J% per ariirtim. ■ WwUMzMwh' gwnmln'^crlim! 11'"1 In denominations of ISO 7 S\Ot>, £500 or £1000, or in' such higher 'denomina-yMMtP-MmT/ Urn Brvlcreem fer tions as applications may warrant. The Company has the right- to redeem '•*■•"' htaith *nd any debenture iri Croup A 2 (20) at p?r after I 0 years from **** of issue \ TttT •*<"■' *ml H»ndrutr.'- . TRUSTEES ARE AUTHORISED BY SECTION SOF THE TRUSTEE 1 V'MW SMALL .. 1/3 AMENDMENT ACT. 1935, TO INVEST FUNDS IN THIS ISSUE. LAHOB .. 1/6 DIRECTORS: , . N.E. Anntll W. H. Slmrm * torn Ltd., Chch. WILLIAM COODFELLOW, ESQ. ROBERT HUGH McKENZIE, ESQ. ■sms^m (Managing Director of Challenge (Chairman, of Directors, New, Zealand Phosphate Co. Ltd ). Co-operative Dairy Co. Ltd.). "——" ~ JOHN McLEAN COCHRANE, ESQ. CHARLES JAMES PARLANE. ESQ. iallll>Jß j lJ^ajl j ja j Jl jj ßßl jjjjjjjjjjjjj ß (Retired Banker, representing tha (General Manager, New Zealand CoVfP^fPVPfPfVPßj^^^^l^l^H debenture-holders). operative Dairy Co. Ltd.). Il^My'K Is] I ■J^^BPMmß^^l The prospectus, dated 20th May, 1936, indicates. Inter alia: The principal °^^^^^^^^^^^^_UAJH|^KUMJ|MjH object for which the Company has been formed is to meet the requirements F^Z^^^^^^^^k^^ wMmM^Mm of supplier members of the New Zealand Co-operative Dairy Company Limited md<-fP.> -■3 ■ * IfflrTrnlfll (whose paid-up capital is over £1,250,000) for farm mortgage finance. I jg ''*£■■ llllmflßPil ™E FIRST GROUP OF £50.000 (Group A) HAS BEEN FULLY SUBSCRIBED. ■ ?jyJWf 1 tWdOj ■■i|||anyß| total subscriptions of the £500,000 issue to date mSKmW*1 MbSmu MmW^Mt - amount to £93,300. . . m9W9BM^MWM^Mm HPvniM Copies of the above-mentioned prospectus and forms of applications for - ■^jrfeCT^^IIHPmH YUUmXUM debentures upon the terms and In the form of which respectively applications . ■Hl^P^.,^J IiiWCW^H will alone be • accepted are new available from any broker or any branch IHSH^sI of The National Bank of New Zealand Ltd;, or Bank of New Zealand, or from • jr. w. GROOM, ESQ., N.Z. Co-op. Dairy Co.'s Buildings, Hamilton. WMj^^^^j^^^^^^^^^^^^^^^^^SSSSSSSMlM^n^^B^^^^BnßH^B^B^^^^^^^^^^^^^^ m A/ '•"''■',' '' " ''■'■- _>^.^Sl^sitfs4Hs^iHsl^^^^^^Bil^S^S^il9B^S^S^S^S^S^S^S^S^S^S^S^S^S^S^S^Sßlil^S^S^S^S^SHsM ■PP^^^m ':-\: M^m^ -^mmm^mTm^mwm^mw V AS VMs^sL . : V^^H m M ws m\ M M wRM iyL^m^MM^MmW^^^^^^ ■ WMmMV^^^MWMWMmMmMwA ■A 1 " T^sj^HlP^^ ■■■' ' ' :'- W^MmMMmMmme^^^^^^^ ' ' #«YS*f! O^ fA*' ■ . .■ ?'%';,;*i'-.f»i' £#^5R> Two ooltCe