AS OTHERS SEE US.

Hauraki Plains Gazette, Volume XXXVII, Issue 4987, 14 June 1926, Page 3

AS OTHERS SEE US.

The most widely read financial critic in New Zealand is “ Fiat Lux,” of N.Z. Truth. In an impartial review of the prospectus of the Hauraki Flax Growers and Hemp Producers (Ltd.), in the issue of 29th, this writer said :— “The prospectus of Hauraki Flax Growers and Hemp Producers (Ltd.) clearly explains the outlook for the Dominion’s flax industry under modern a,nd scientific methods of selection. aiid cultivation. “The prospectus is of intense interest from cover to cover, and gives evidence of patient and careful preparation. It cannot fail to ci eate interest and inspire confidence in the minds of the investing public regarding the prospective value of an investment in the company’s shares. These statements should be sufficient to satisfy any investor that he is getting value for his money, and that the Company can carry .through its plans on the capital available.” The directors of Hauraki Flax Growers and Hemp Producers (Ltd.) are : — Robert Burns, Esq. (Chairman), managing director, John Burns and Co. (Ltd.), Auckland. Thos. P. Pountney, Esq., merchant, Auckland. H. P. Richmond, Esq., solicitor, Auckland. Geo. Hutchison, Esq., public accountant, Auckland. S. A. Lonquet, Esq., managing director, A. S. Paterson and Co. (Ltd.), Wellington. Alex. Hannay, Esq., Managing director Manson and Barr, Palmerston North. Geo. Craw Esq.,(general manager), flaxmiller, Linton. The vendor of the property, Mr Craw, has invested over £20,000 cash in the property, the whole of which is being taken in shares by him. With these men in charge, sha-re-holders can confidently look forward to a successful issue of the company’s operations. It is fully expected that the average profit ,to be earned by the company will exceed 20 per cent for the first 10 years, and 50 per cent, per year thereafter. Payment for shares is easy, being spread over practically two years, and before the end of that time the first mill is expected to be producing hemp. Write for 'full particulars and prospectus free of charge of this remarkably remunerative investment to F. J. V. Wilson, 36 National, Bank Chambers, Auckland, or to the local agent, Mr H. A. Robinson, Box 19, Paero;i.*