Page 15 Advertisements Column 2

New Zealand Herald, Volume LXIV, Issue 19638, 17 May 1927, Page 15

CAPITAL: £30,00 Divided into 30,000 Shares of £1 each, which are now offered for subscription on the following terms: 2/- per Share payable upon application 2/- per Share payable upon allotment; and the balance as and when the Directors may determine. Provisional Board of Directors. ANGUS BUNTING, Esquire, Company Director, of Auckland. FREDERICK C. WILLIAMS, Esquire, Merchant, of Hawke's Bay. THOMAS GLADSTONE JULIAN, Esquire, Contractor, of Auckland. ' „ WILLIAM EDWARD HILL, Esquire, Hotel Proprietor, of Napier. ■> CLAUDE JAMES LOVEGROVE, Esquire, Solicitor, of Auckland. ROBERT LOOSEMORE WILLIAMS, Esquire, Merchant, of Hawke's Bay. DOUGLAS ERROL GRAY, Esquire, Accountant, of Auckland. > BANKERS: Union Bank of Australia, Ltd., Auckland. SOLICITORS: Messrs. BAXTER, SHREWSBURY f & MILLIKEN, of Auckland. BROKERS: Messrs. WILLIAM A. HORNE, LIMITED, Home's Building, Auckland. INTERIM SECRETARIES: Messrs. WALLACE BRUCE, & DUTHIE, Public Accountants and Auditors, Auckland. AUDITORS: Messrs. J. F. BUDDLE & SON, Public Accountants and Auditors, Auckland. Brewery Shares Make Big Honey. Wonderful Opportunity. Ili ia generally recognised that Brewery Shares almost invariably bring to their fortunate owners wonderful returns on the capital invusted. According to a very prominent financial authority, breweries form the leading group of high dividend paying concerns in Australasia. dividend earning capacity of brewery investments can be gleaned from the following. - —• NX BREWERIES, LIMITED; £l shares sell at £2/12/6. An increase in value of 160 per cent, iliese shares have constantly paid 10 per cent, dividend. If these shares had been purchased at par, 10 per - cent, would have been received on the money invested, and at any time it would have been possible to make a profit of £l/12/6 on every pound invested. STAPLES & CO., LIMITED: £| shares have buyers at £l/17/6. An increase of 87£ per cent. Dividend 10 per cent. TUt BREWERY, LIMITED: According to a statement issued: Interim and bonus for past six months were at the rate of 20 per cent. For the year ended August, 1926, profits earned were £9291, and the capital is only £22,176. Thus, although 20 per cent, was paid, the earnings were equal to 42 per cent, on the Capital. If a small inland brewery can produce these profits, what should Consolidated Brewery earn? Situated in Napier, and serving Hastings, together with large surrounding districts; being at a port allows cheap water carriage; already well established; splendid representation in both Auckland and Wellington. Think and act TO-DAY Objects. The objects of the Company, which are fully set out in the Memorandum of Association, which is printed in the Prospectus, are briefly as follow: 1. To acquire the Freehold, Buildings, Plant, Brewery Licence, and Wine and Spirit Licence of the Hawk Brewery Company, Limited, of Napier. 2. To continue the business of Brewers, Wine and Spirit Merchants, and other lines, as now carried! on by the aforesaid Company. t Directors' Qualification and Remuneration The Articles of Association of the Company provide that the qualification of a Director shall be a holding of not less than 500 Shares, and the Directors shall receive by way of remuneration for their services such sum per annum as the Shareholders in Generaj Meeting shall determine. Minimum Subscription. The minimum subscription upon which the Directors may proceed to allotment is fixed at 1 7,000 shares. Allotment of Shares. , No application for shares will be entertained or acted upon uqless the full amount of 2/- per share accompanies the application. If the shares are over applied for. the Company reserves to itself absolute discretion as to the allocation thereof amongst the applicants. If no allotment is made, deposit will be returned in full, and when the number of shares allotted is less than the number applied for, the balance of the deposit money will b<® credited towards payment of allotment money. Purchase of the Brewery. Details of material contracts, and other particulars are given under " General Information " in the complete Prospectus, but the following figures give a general outline of the facts:— The Purchase Price is £15,000, of which £SOOO is to be left on first mortgage. The Brewery is erected on a valuable Freehold, having 284 f&t; to Edwards Street, 132 feet to Hastings Street, and a 1 5 feet entrance to Swan Street, in an excellent position in the city of Napier. The Buildings are extensive, being partially brick and * partially wooden# and form a well-known business block in the city. The Plant is very complete, and the present capacity of the Brewery is 80 hogshead per week, and is capable of easily being increased. It will !be noted that after the consideration has been paid to the Vendors for the acquisition of the Brewery, the Capital provides ample funds for the marketing of the products on up-to-date lines. Whilst the majority of the past output has been consumed in and around Napiier, it is intended to popularise the product in other districts, and with this end in view it is intended to secure Shareholders over a wide field. Return to Investors. The Provisional Directors have had the opportunity of carefully perusing the figures, and while it is not deemed advisable for a proprietary such as this to publish the exact particulars, the figure are ouch that, with the additional facilities the new Company will provide, the public can invest in these shares with the anticipation of a good return on their Capital. It is felt the investing public are already well aware of the profitable nature of Brewery Shares. Brewer's Report. Mr. P. W. Wacher, Brewer, of Napier, and one of the bestknown Brewers in Australasia, reports are follow:-—. (i !• Tho Capacity of the Brewery is 80 hogshead per week. *2. A new fermenting vat is necessary, and will cost approximately £!>o. Everything else ic in excellent .order. ,3. The quality of the water is such that in til my experience (extending over 38 years) there it ao belter water for brewing purposes in the whole of Australasia, and I can undertake to keep the product at its present excellent quality. " 4. Our present pr&duct is entirely free from chemicals. " I have no hesitation in recommending the Brewery in all respects, and have personally applied for shares in same. Purchaae Price Below Valuation of n Property. Report and Valuation by (C. C. Willis, Esq., Valuer, of Napier:— "The Land has 132 feet frontage to Hastings Street, the main street of Napier; a frontage of 284 feet to Edwards Street and a back entrance of 15 feet from Swan Street. 1 value the land alone at £7600. "BUILDINGS: Partially wooden and partially brick, and cover a large area. There is still room for another building. Concrete floor and drains are installed where necessary. Electrio light throughout. Steam heating in certain areas. 1 value the building at £4500. "PLANT: Attached hereto is a list of the plant as bfcing taken over by your Company, and I value the same at £4044. SUMMARY. Land - (•!») **i i,tci £7,600 Building i. ,i 4,500 Plant >*j <•.) i«;m 4,044 Total «. .. t»-» £16,144 " The total value I place at £16,844. You will notice that I have not placed a value on the licences held by the Company, or the Goodwill. Whilst I consider the building, together with their special fittings, to be of much greater value to a Brewery Company, 1 have only placed what I consider to be a fair value thereoia." Profits. Apart from the Brewing business, the Company also has a Wine and Spirit Licence, and holds valuable agencies for the fapier District. The Brewery is capable of producing 80 hogsheads per week, and, with the additional revenue from agencies, it is apparent that investors can anticipate a profitable return on their shares. One has only to view the profits made by existing breweries to realise that this is a unique opportunity to BUY SHARES AT PAR. Many investors are to-day enjoying the fruits of having invested early, as substantial premium- are demanded by shareholders in most Brewery Stocks. Products and Distribution.. The products are sold under the Brand* of "HAWK" XXXX Ales. "HAWK" DOUBLE STOUT, and "HAWK" INVALID STOUT. Messrs. Burns, Philp, & Co., Ltd., will act as Distributors for all Consolidated Brewery Products in Auckland District, and Messrs. Ellis & Manton in a similar capacity in Wellington. With these excellent arrangements for the two main centres, together with the popularity already enjoyed in the Napier District, the future is thoroughly assured. IMMEDIATE APPLICATION NECESSARY time of rcceiot of application, immediate action is necessary. , . , ~ AppliSn forms may be obtained and full Prospectus viewed at the office, of the Brewery in NAPIER, or any of the following: PALMERSTON NORTH: C. G. HayWard, Esq., 117. Church Street. WANGANUIt A. F. A. Wocllams, Sharebroker. HAWE'RA: Messrs. Laurenson & Inneti, Union Street. NEW PLYMOUTH; Messrs. Eberlet & Morgan, Devon Street. HAMILTON: Messrs. J. Gilbert & Co., Railway Building. ORGANISING BROKERS: AUCKLAND: William A. Home, Ltd., Heme's Building, comer High Street and Vulcan l-ane, Auckland. FORM OF APPLICATION FOR SHARES. To the Directors of CONSOLIDATED BREWERY, LIMITED, Auckland. I hereby apply for .................. Shares of £1 each in the capital of the above named Company. I hand you herewith the sum of ................... being application money of 2/- per share on the above number of %ares, and I agree to pay the balance on the tanri® and subject to the conditions set out in the Company's Prospectus. I declare that lam not, nor have I ever been, an alien enemy within the meaning of the War Regulations in force in New Zealand, and that I am not applying for such shares on behalf of an alien enemy. Morgan, uovon jucoi. DIRECT APPLICATION may be made on the form incorporated in this advertisement. »>" 1 Name in full .».-nt*♦ • Addresn ...... *t. •. • .*.** ***«?« * ««• * ........ •wwr*.-.. .• . ■.*■» # . Occupation ........ . • '.*•>'. .• * . -.r.i . . «...•« 1 « * Signature v.-, . »,.... Date ......... Post this Application to WILLIAM A. HORNE, LTD., Home's Buildings, High Street, Auckland.

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