Page 16 Advertisements Column 1

New Zealand Herald, Volume LXV, Issue 20116, 29 November 1928, Page 16

CING The New Model 11 WITH 16 DISTINCT MECHANICAL IMPROVEMENTS AND 30% MORE SUCTION. Therefore 30% MORE CLEANING EFFICIENCY. TRY IT FREE IN YOUR OWN HOME. i YOURS FOR Bd. PER DAY. k Phone 47-010. I 7( yrand Prill VACUUM CLEANER S \ OVER 2.000.000 BATISFIED NR USEKS. Gets J\hrfDirt This is published for Information only. ABRIDGED PROSPECTUS " MOSELEY, EUREKA-MAYTAG Limited (Registered under the N.S.W. Companies Acts, 1899-1918.) Nominal Capital - £IOO,OOO Divided into 40,000 Cumulative Preference Shares of £1 each and 60,000 Ordinary Shareis of £1 each. PRESENT ISSUE. 25 000 eight per cent. Cumulative Preference Shares, payable 2/6 on Application, 2/6 on Allotment, and the balance in calls not exceeding 1/6 per share at intervals of not less than one month. These shares are entitled to participate in profits up to a maximum distribution of a Ten per cent, dividend. 25,000 Ordinary Shares, payable 2/6 on Application, 2/6 on Allotment, and the balance in calls not exceeding 1/6 per share at intervals of not less than one month. / Directors: W. P. MINELL, F.C.P.A., Public Accountant, Q.N.B. Chambers, 27 Hunter Street, Sydney, N.S.W. A. M. POOLEY, The Astor, Macquarie Street, Sydney, N.S.W. P. HARLEY MOSELEY, Managing Director, 301 Castlereagh Street, Sydney, N.S.W. Bankers: In Australia: AUSTRALIAN BANK OF COMMERCE LTD. In New Zealand: BANK OF NEW ZEALAND. Solicitors: Messrs. DEANE, HASELHURST & HOWARD, Sydney Messrs. FINDL/AY,. HOGGARD, COUSINS & WRIGHT, Wellington, N.Z. Auditors: Messrs THOMAS DAVIS, SHEEDY & CO., Martin Place, Sydney Messrs. WAT KINS, HULL, HUNT & WHEELER, Wellington, and Auckland, N.£. Secretary and Registered Office: J. L. GROUSE, A.1.1.A., 301 Castlereagh Street, Sydney. OBJECTS OF THE COMPANY. The Company has been formed to take over as a "going concern" the business carried on by Mr. P. Harley Moseley as Agent and Indentor of Electrical Appliances, etc. The Head Office of the business is at 301 Castlereacrh Street, Sydney, with branches in Melbourne, Adelaide, and P Australia: and Auckland, Wellington, and Wanganui, New Zealand. In Queensland and Tasmania, the business is represented by local agents. SCOPE OF THE BUSINESS. The business of P. Harley Moseley has been developed on the sale of the products of several American Factoties. The principal Houses represented are:— The Eureka Vacuum Cleaner Company .. .. .. Electric Vacuum Cleaners. (Approximately one in every three cleaners sold in America is a Eureka, even though the public has seventy different makes and "brands" from which to choose) The Maytag Company Electric and Petrol Washing Machines. (The Maytag Co. i« building as many machine# as its five nearest competitors, and though there are over 80 makes of washing machines on the American market, at least one in every threa in use is a Maytag) The Waters Genter Company .. Automatic Toastertf and Waffle Bakers. The American Ironing Machine Coy. .. Gas and Electric Ironing Machines. Each of the Companies described above, in addition to being the largest exclusive manufacturer of its kind in the world, produces only the best quality appliances. POINTS FOR INVESTORS. |. An established business with an efficient sales organisation throughout Australia and New Zealand, wfych has proved a profit-earning enterprise ; not a speculation. 2. The certified average loss by Bad Debts during the past three years, is under 19c. 3. The whole of the capital subscribed will go into the business. 4. The Vendor's consideration is entirely in shares, more than half of which are deferred as to capital and dividend, and his rentuneration ac Managing Director is principally by percentage on net profits. 5. No promotion shares are being, or will be issued. 6. The Company is guaranteed by the Vendor against any deficiency in assets acquired or excess of liabilities taken over. 7. Each of the exclusive agencies is covered by a satisfactory agency contract. 8. Application will be made to list the shares on all Stock Exchanges in Australia and New Zealand. 9 The saving which the additional Capital would have effected in Interest and other charges entailed for the last certified completed half year trading period, together with the net profit earned during that period would have assured a dividend at the rate of 10% per annum on the Preference Shares, and 21% per annum on the Ordinary Shares it is proposed to issue at present. INFORMATION. The full Prospectus may be obtained from the Company's Registered Office, 301 Castlereagh Street, Sydney, where copies of the Memorandum and Articles of Association, and of all certificates and relevant contracts may be seen; or from any of the Company's Branch Offices. SEND FOR A PROSPECTUS

NG The New Model 11 WITH 16 DISTINCT MECHANICAL IMPROVEMENTS AND 30% MORE SUCTION. 7 herefore 30% MORE CLEANING EFFICIENCY. TRY IT FREE IN YOUR OWN , HOME. I YOI'RS FOR Sd. PER DAY. I Phone 47-010. I OVER j,ooo. no# SATISFIED USERS. VACUUM CLEANER lore Dirt