Page 2 Advertisements Column 1

Manawatu Standard, Volume XLIII, Issue 1845, 21 June 1920, Page 2

ABEIDOED RROSPECTUS OF m (IXC’OHMIIUTKD I Nl)i:i; “THE COMPANIES ACT, IPOS.’ 1 ) CAPITAL ],l 200,000 .shares of £1 each, of which 120,000 are now offered to the . 'public for subscription on the following terms;—2s per share on application, 2s per share on allotment, and the balance in calls of not more than 2s per ] share, which are only to be made payable with an interval of at least three •calendar months between the date of allotment and the iirst call, and' thereafter with intervals of at least three calendar months between each call. PROVISIONAL DIRECTORS: 1. W. J. POLSON, of Wanganui, Farmer, Director for New Zealand of Britol and Dominion Producers’ Association. 2. .10HN STEVENSON, of Wanganui, Manager of The New Zealand Loan and Mercantile Agency Company, Limited. 3. G. N. RAGGETT, of Wanganui, Managing Director of the Simplex Milking Machine Company, Limited. •1. ALLAN ROBINSON, of Wanganui, Fanner, Chairman of the Wanganui Conntv Council. }f.. PERCY HIGGINBOTTOM, of Wanganui, Managing .Director of Purser’s, Limited, Furnishers, fi. S. M. DAVIS, of Wanganui. Director of Freeman R. Jackson and Company, Limited, Stock and Station Agents, Wanganui. 7. G. L. MARSHALL, of Marlon. Farmer, President of the Wellington Provincial Farmers’ Union. 8. J. A. DOHER TY, of Wellington. Merchant Tailor. Who will hold office until the conclusion of the statutory meeting at which the permanent, Directors will ho appointed. BANKERS: THE NATIONAL BANK OF NEW ZEALAND, LTD, SOLICITORS: MARSHALL. HUTTON, AND IZARD, Wanganui, INTERIM SECRETARY AND BROKER: E. M. SILK E.1.A., N.Z., of Silk, Haworth and Company, No. 11, Maria-place, Wanganui. INTERIM AUDITOR: HAROLD HAGUE SMITH. A.P.A., N.Z., Wanganui. AGENT; TVNCRED COOPER, 28 Queen street, Palmerston North. OBJECTS. The Company has been formed for the purpose of establishing a Woollen Mill or Mills in or near Wanganui and elsewhere as may be considered advisable from time to time by tlie Directors, and to carry on the business of Woollen Manufacturers and any other business provided for by the Memorandum of Association. GENERAL. Wanganui offers an admirable situation for the establishment of a Woollen Mill. li is the outlet for a large wool-growing district, from which annually large quantities of wool are exported. Conveniently situated with regard to the railway system for collection of raw material and distribution of its products, and with the development of the harbour and shipping, it may be expected to be a similarly convenient port with regard to coastal and overseas imports and exports. Its population is now approaching towards 22,000, and it promises to be a centre of a large and ever-growing population. , The Borough Council states that by the time a Mill may he expected to be ready to commence operations, it anticipates being able to sell electric power as would be required by the Mill. 'This constitutes a great inducement to the establishment of the Mill, in Wanganui within reach of such power. Ju view of the general unset!lenient in industrial life all oyer the world caused by the War, and the rise in industrial wages to be expected in those countries from which New Zealand lias hitherto drawn her woollen manufactures, and tin l contemporaneous increase in freights, it may be expected that New Zealand will find it necessary to no longer rely on getting such manufactures from abroad, produced Linder the, hitherto existing conditions ol low wages, but to set to work herself and manufacture her own wool for her own use or export, th.us saving double freight and providing employment lor her population. Ibis applies in special measure to the woollen indnstiy, and it is for these reasons that the prospect of the establishment of a Woollen Mill s now' launched;, . . Attention is drawn to the fact that unlike most new ventures,there is absoutelv no Loading in connection with the Company. All the Capital subbribed, except the preliminary expenses and brokerage undermentioned, will io emplnved in erecting and equipping the ill or Mills. No Director has mv interest in the promotion of the Company apart from the shares ho subbribed for, for which he will pay in cash. . . The throe existing woollen manufacturing companies in the Dominion are n a flourishing condition, as the prices oi the shares, as shown below, indicate; and the’'"promoters confidently look for a similarly successful career for his Company. Paid Up. Ltd. £5 0s ... £3 10s /eliiqgton Woollen Co., Ltd. ... £4 10s The prc’iminnry expenses of, and incidental to, the promotion and ostabshmcht of the Company and until the Company shall be entitled to commence usmess (exclusive of brokerage or commission on sale of shares) are ostimted to amount to Five Hundred Pounds, and will be paid by the Company. Applications for shares may he sent, together with the amount payable on oplication, to Hie Company’s Interim Secretary, or to any ot the Provisional irectors or other persons authorised by the Directois to icceive applications, no allotment is made the deposit will be returned in full, and if the number s | iares allotted on any application is less than the number applied for the ilancy of the application money will be applied in reduction ol the allottee’s iture liability on the shares allotted. Applications will not be received for less than 20 shares. i Dated this Nineteenth day of May, 1920. Name, of Company. Caiapoi Woollen Mfg. Co., losgiel Woollen Co.. Ltd., Market Price at 27th April,l92o. £lO (Buyers, no Sellers) £G 17s 6d (Buyers, no Sellers) £9 los (Buyers, no Sellers)

FORM OF APPLICATION FOR SHARES. To the Provisional Directors ol Wanganui Woollen Mills, Ltd. PEG IST FT? El) OFFICE: 44 MARIA PLACE, WANGANUI. Gentlemen, — . I hereby authorise yon to allot me Shares in the above Company in terms of the Prospectus issued in relation t< the said Company dated the Nineteenth day of May,'l92o, and I hereby agre< to accept the same or any less number of Shares that may be allotted to me. I am paying the sum of being tin amount payable on application for the said Shares (2s per share) and I agret to pay a further sum of 2s per share on allotment, and the balance as provider by the said Prospectus. And 1 request and authorise you to register me as the holder of the Share? so allotted. Name in full Informa- Postal Address tiou re- Description or Occupation quired un- Father’s Full Name der the Birthplace of Father (Country only) ; WarKegu- Mother’s Full Maiden Name lations. Birthplace of Mother (Country only) Date Signature I hereby certify that the above particulars arc correct & Ttmd Cooper Will be In Attendance at the Showgrounds to Receive Applications for Shares in the above Company. n D° be with not content dull thin lifeless iiulr Get a bottle of McMahon** to-day, and it will make your hair thick, bright, and beautiful, and free from dandruff. Guaranteed to hair grew in all cases of Baldness. Of Cbtmiitf and Stores everywhere Prices 3/6 and 5/J. J. McMahon - —— JK. SM