PROSPECTUS of the CANTERBURY CATTLE INVESTMENT SOCIETY. Capital £10,000, Two Thousand Sharet of Five Pounds each, Deposit One Pound per Share. Balance to be called up by successive instalments OF £1 EACH. iQrrjutstonal Committee of Jltartagcnunt. T. R. Moose, Esq. m.d. W. Thomson, Esq. H. J. Le Cren, Esq. P. L. Frances, Esq. C. R. Blakiston, Esq. Mr. J. Parkinson. trustees. I. T. Cookson, Esq. J. Spoweks, Esq. Station Jttanagtr. Uttcrinavo Surgeon.. Mr. James Rule. c' •■ Uanfccrs. THE TJglOSr BANK, LYTTELTON. Sccretaro (pro tern.) Mr. John Dkan Bamford, Lyttelton. The chief objects of this Society are to encourage and improve the breed of cattle, the investment of small sums of money in stock, for accumulation and periodical division amongst the subscribers, and to provide a readily marketable, and transferable scrip in the colony, which may at all times be made available as securities. The particular features of the project are to render accessible to small capitalists, the well-known rapid accumulation of capital invested in stock, and to afford facilities to persons desiring so to invest, without forming separate establishments, or requiring their personal attention. To accomplish these objects it is proposed to raise £10,000 by subscription, in order to establish and to stock one or more cattle stations in the Province of Canterbury, under the control of a Committee of Management, and after paying half-yearly to- the subscribers a liberal interest on their investments, to accumulate the increase and surplus for septennial, or more frequent division amongst the shareholders. The advantages of a Society of this kind in which to invest Trust or other monies, to accumulate for children, and Absentees, or the spare capital of persons engaged in other occupations, will be apparent to all who know the rate at which live stock is found to increase in New Zealand. Subscribers already possessing cattle may be permitted to pay up their subscriptions in stock, of which they are already owners, at prices to be agreed upon by the Committee of Management. The Committee are already provided with an excellent cattle run, well adapted to the purposes contemplated, upon which to commence operations as soon as a sufficient number of shares shall have been subscribed. < A considerable number of shares have already been applied for, and as the Society will be speedily formed, application must be made to the Secretary without delay in the form below (signed by the applicant). The Scrip will afterwaids be delivered upon payment of the Deposit at the Bank to the account of the Trustees. To the Secretary of the Canterbury Cattle Investment Society. s Sin, —I'ou will please to assijrn to me shares in the above Society, upon which I engage to pay to you the Deposit of £l per share required by the Prospectus, and io .si^-n the Deed of Settlement when required so to i:0. Name \ (or Signature) j Add rest Occupa t if j n Witnes*: to the signing | by the Applicant /
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Bibliographic details
Lyttelton Times, Volume III, Issue 155, 24 December 1853, Page 12
Word Count
491Page 12 Advertisements Column 1 Lyttelton Times, Volume III, Issue 155, 24 December 1853, Page 12
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