Page 7 Advertisements Column 1

Hawke's Bay Tribune, Volume XIX, Issue 304, 10 December 1929, Page 7

GOING TO ALLOTMENT. THE MANAWATU GENERAL FINANCE CORPORATION LTD. To be Incorporated under the Companies Act, 1908. Capital, - £lOO,OOO Divided into 25,000 7 per cent. Cumulative Preference Shares of £1 each, and 75,000 Ordinary Shares of £1 each. £25,000 Ordinary Shares and 5,000 Preference Shares are now offered to the public for subscription, and 50,000 Ordinary Shares and 20,000 Preference Shares are reserved for future issue. PREFERENCE SHARES: 2/- PEB SHABE ON APPLICATION; BALANCE ON ALLOTMENT. ORDINARY SHARES: 2/- PER SHARE ON APPLICATION 2/- PER SHARE ON ALLOTMENT; Balance in calls not exceeding 2/- per Share, at intervals of not less than two months. PROVISIONAL DIRECTORS: V. G. CLIFFT, Esq., Company Bankers: Director, Palmerston North. THE BANK OF N.Z., G. H. BTILES, Esq., Farmer, Palmerston North. Palmerston North. Solicitor: WALTER BARBER, Esq., ~.f’ . J^ cL pA VBY ’ „ Farmer, Foxton. Rangitikei St., Palmerston N. A. H. HONEYFIELD, Esq.,Co- MESSRS. Manager, Palmerston N. RUTHERFORD & CONNELL, KENNETH MeDONALD, Esq., Palmerston North. Land Agent, Palmerston N. Secretary: JAMES HUGHES, Esq., Stock K. 8. GLENDINNING, A.P.A. Agent, Palmerston N. (N.Z.) A.A.1.5., G. E. TREVOR, Esq., Builder, of Mansford and Glendinning, Palmerston North. Accountants 4 Auditors, Rangitikei St., Palmerston N. ORGANISING UNDERWRITERS: ASSOCIATED INVESTMENT UNDERWRITERS (N.Z.) LIMITED. Premier Buildings, Durham Street, Auckland. Head Office: Manson & Barr's Buildings, Raigitikei Street, Palmerston , * North. (Branches in the principal towns throughout the Dominion). OBJECTS: To carry on the business of a Mortgage, Loan and Finance Company in all its branches. To assist approved individuals and companies in the purchase of chattels and the carrying of contracts. To make advances on approved securities, such as advances on mortgages, to purchase mortgages at discount, discount negotiable instruments, and general financial business of all kinds. To assist primary producers in the purchasing of motor-cars, machinery, plant, stock, etc. GENERALLY to establish an adequately capitalised and equipped organisation, to supplement the existing banking facilities, for the purpose of providing finance for the promotion of sound undertakings. ADMINISTRATION: The Directors are all well-known and capable men, representative of different business and producing interests, who have made an unqualified success of their own business affairs. The Corporation will grant loans on approved securities only, and no loan will be granted until it has received the full and careful consideration of the Board of Directors and its advisers. The Head Office of the Corporation will be in Palmerston North, and there will, if necessary, be Branch Offices in other centres for the general distribution of the business of the Corporation and for investigating any propositions submitted. EXCELLENT RETURNS ASSURED. No other class of business giving equal security of capital can show the same excellent return as a Finance Company: There is no doubt that the time is opportune for the formation of such a Company in the Manawatu, and that an immediate and profitable outlet will be found waiting. Adequate support has been assured. Jt is confidently anticipated that the return to shareholders, at a conservative estimate, will be at least 8 per cent, per annum on ordinary Shares, and that the Corporation will, in addition, be able to build up substantial reserves. The Function of the Corporation will be to furnish capital fot enterprises which are worthy of support. THERE IS BOUNDLESS SCOPE for profitable and safe employment of its capital, and the opportunity should not be neglected The investment will, of a surety, prove highly profitable to Shareholders who give their practical support to the undertaking. SPECIALLY NOTE: NO PBOMOTER ’8 SHARES ARE BEING ISSUED. 80,000 Ordinary Shares have been underwritten, therefore the successful establishment of the Company is Guaranteed. The Directors have decided that the first issue will be 25,000 Shares, and they reserve the right to offer future issues at a premium. Applications will be received only in accordance with the terms of the full Prospectus, and on the Application Form issued therewith. Full Prospectus, Information and Form of Application for Shares may be obtained from— Associated Investment Underwriters (N.Z.) Limited HASTINGS OFFICE: 127 Queen Street, Box 216, Hastings Branches at Palmerston North, Wellington, Wanganui, Masterton, Napier, Hamilton, Auckland, Christchurch, Timaru, Westport and Dunedin.

TOASSOCIATED INVESTMENT UNDERWRITERS (N.Z.) LIMITED Box 216, Hastings (or any of the above branches) Please send me, without obligation, Prospectus, Full Information and Form of Application for Shares. NAME ADDRESS

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