Page 2 Advertisements Column 7

Nelson Evening Mail, Volume LXI, 30 November 1927, Page 2

ABRIDGED PROSPECTUS THE MAJESTIC THEATRE COMPANY (NELSON) LIMITED Intended to be Incorporated under "THE COMPANIES ACT, 1908." Capital: £20,000 in 20,000 £1 Shares. 13,700 are offered for .subscription on terms 2/0 per'Share on application, 2/0 per Share on allotment, and balance in calls not exceeding 2/0 per Share, at intervals of not less than one month. The Company will not be registered unless 10,000 Shires are taken up. Objects: To acquire tfhc property owned by the Nelson Theatre Co., Ltd., and erect thereon a modern Theatre suitable for every class of theatrical entertainment. A provisional agreement entered into between the Nelson Thea.tre Co., Ltd., New Zaland Picture'Supplies Ltd., and Richard Pu'gh Evans R'j Trustee for the new. Company, which may be seen at the Solicitors office, provides that N.Z. Picture Supplies Ltd., has to lease the Theatre en completion, and the property as a whole, lor a period oC twenty years at a rental which will permit the Company to pay a dividend of seven per centum free of income tax. This dividened will be payable from the very beginning of the Company's existence. The* Theatre will be available, on reasonable terms, for the use of visiting companies whenever required, and for local entertainments from Monday to Friday. The purchase price of the property to be acquired is £9995 and was fixed by valuation. The Vendor Company has agreed to accept fully paid up Shares for the whole of its equity i nthe property ( £G2flr>). The estimated cost of building, furnishing and equipping the Theatre is £IB,OOO, and of the whole undertaking £29,79fi. There will be four Directors, one appointed by the holders of the fully paid up Shares allotted to the Vendor Company, and three by the other Shareholders. The qualification -of the latter shall be the holding of not less than 200 Shares. Preliminary expenses (exclusive: of 5 per cent, brokerage) are estimated at £2OO. PROVISIONAL DIRECTORS: IT. Hay ward, H. R. Duncan, M. M. Moncrieff and S. A. Gibbs. ARCHITECTS: F. W. Prous e and Houlker and Duke in association. BANKERS: Bank of New Zealand. SOLICITORS: Glasgow, Rout and Moynagh. BROKER: F. J. McCabe. INTERIM SECRETARY: N. A. Vercoe, Trafalgar Street, Nelson. ■-. A copy of the full Prospectus has been filed with the Registrar of Companies. V Full Prospectuses, on the basis of which alone applications .will be accepted, and application forms, may be obtained from the Broker, F. J. Cabe, Trafalgar street, Nelson, or the Interim Secretary, —READ THIS—NELSON PETROL SUPPLIES CORNER HARDY AND WAIMEA STREETS THE PLACE 'FOR FIRST GRADE SPIRITSHACO, PLUME, BIG TREE ALSO SECOND GRADE—VOCO, HERCULES, etc. HOURS 7.30 a.m. to 10 p.m.; SUNDAYS 9.30 t 0 noon. EASY ENTRANCE AND EXIT. PROMPT ATTENTION.

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