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Approved by the Highest Authorities. INTERNATIONAL FORESTRY DELEGATION APPROVES OP N.Z. PERPETUAL FORESTS LTD. Facsimile Letter from Sir Herbert Matthews, SECRETARY OP THE CENTRAL CHAMBER OF AGRICULTURE CF ENGLAND AUCKLAND. February oth, 19?'as a Member of the Forestry Delegation, which Investigated the wV: ~t by N.Z. Perpetual Forests Ltd, and other commercial afforest , . ;rprise s in the Smlth-V/ylle Group, it gives me great pleasure to i ~ . r ■ ; .ort upon the great progress achieved. The Forestry Delegation were given every facility to investigate to- 7 a the properties and their potentialities, and every phase of thting operations was enquired into. * The properties in the Smith Wylie Group embrace an area of cor. ■ 100,000 acres, situated in the Putaruru District at Tolcoroa, a ictal, and in other adjacent areas. The land is,eminently suitable for afforestation purposes, cor * ... client pumice country and the rainfall, an Important factor in t - > rages about 60 inches per annum. The large rainfall minimises implanting operations have been carried out successfully in r h the commitments of the Company, and the plantings done in 1924 a. -s----factory growth. The land is well situated for the purposes of access, arA r ' 108 of electric power will be available from Arapuni, which is but a int from the centre of the estates, and there la a large supply of w. ; ' . from the Waikato River which bounds a portion of the estate for some i. ... Having fully enquired into the Company*s management, and pe organisation, and the complete system in operation, I have pleas t I am quite prepared to associate myself with the Company in the cr : ' representing English interests. If you are not a Bondholder, communicate at once with The Local Agent, Wallace ’s tsui ding, Cameron Street, Whangarei, or The Secretary, Smith, Wylie & Co., Ltd., Smith’s Building, Albert Street, Auckland, Managers and Brokers for N.Z. Perpetual Forests, Ltd., and receive, wit Ik-at ,• iy obligation, full particulars of the second issue of Bonds now being sold. The first issue of Bond 1!, i £1,250,000 has been sold out. 887

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NA19260223.2.18.1

Bibliographic details

Northern Advocate, 23 February 1926, Page 3

Word Count
340

Page 3 Advertisements Column 1 Northern Advocate, 23 February 1926, Page 3

Page 3 Advertisements Column 1 Northern Advocate, 23 February 1926, Page 3

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