THE WANGANUI WOOLLEN MILLS, LTD.

Evening Star, Issue 17368, 2 June 1920, Page 10

THE WANGANUI WOOLLEN MILLS, LTD.

The prospectus of the Wanganui Woolfen Mills, Ltd., appears in our advertising columns of this issue. The companv is now registered, over 30,000 shares having been subscribed in Wanganui and district to date. The provisional directors of the company are all well-known men, and their names alone should be sufficient guarantee that the affairs of the company will be fully protected by able administration. Shareholders will have the opportunity at the statutory meeting of the company, wluch, the Companies Act, 1908, requires to be held within three months of registration, of electing their own representee tives to the board. It is desired that intending investors should know that there are no promoters' shares or loading of any description in connection with the company. Shareholders coming in now will Jbe 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 purchaae. 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 millsin Wanganui are very great, and the public need have no misgivings as to a prosperous future. The application money is 23 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, Haworth, and Co., No. 44 Maria place, Wanganui; or from'the sub-broker, Mr Harman Reeves, 102 High street, Dunedin. e With a view to a speedy, realisation of the scheme, the provisional directors and brokers appeal to the general public to give their assistance without delay. Time is money, and profit will be lost" by procrastination. [2]