MR VALENTINE’S COMPANY.
London, December 5. Mr Valentine’s Colonial Produce Distributing Company comprises 50,000 5 per cent, preference shares and 150,000 6 per [ cent, ordinary shares. Each are of the value of <£s. He hopes to issue shortly 20,000 preference shares and 60,000 ordinary shares. Messrs Nelson Bros, have been offered 50,000 fully paid-Up ordinary shares on condition that they transfer to the Company their entire English business, including stores, wharves and branch establishments. Eighty per cent, of the profits, after the payment of a dividend, is to be divided amongst consignors, the remainder amongst ordinary shares, which will- be largely offered in the colonies. Mr E. M. Nelson, chairman and managing director for Nelson -Bros., and Mr Valentine are to explain the scheme to the Agents - General for the Australasian colonies, and will request them to become a board of reference in connection with the Company.
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Bibliographic details
New Zealand Mail, Issue 1188, 7 December 1894, Page 18
Word Count
147MR VALENTINE’S COMPANY. New Zealand Mail, Issue 1188, 7 December 1894, Page 18
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