Page 6 Advertisements Column 5

New Zealand Times, Volume LXXVII, Issue 5558, 8 April 1905, Page 6

ABRIDGED PROSPECTUS OF THE IL’LEOD PATENT EIRE BRAND CO. (LIMITED). To bo Registered under “The Companies Act, 1003. ; I take over (1) A New Improved Continuously Heated feel Meet ibie Brand, and (2/ a New and Improved Liquid Fuel Burlier nomthe Vendor, who holds the Patent Rights (grained or applied tor Horn the Inventor and Patentee, Mr Andrew McLeod, ol Arch lull. ucal Auckland, New Zealand. CAPITAE - - £12,000, of XI each, of which GOOD are offered for public subDiviclcd into 12,000 si ription, as tolluws:— 7/6 PER SHAKE ON APPLICATION. 7/6 PER SHAKE ON ALLOTMENT. 7/6 - - and the balance in calls of 2/3 per share, at intervals of not less than one month, as may bo determined by tlie Directors. PROVISIONAL DIRECTORS: _ WILLIAM BROWN, Esq., Wellington, Merchant (Lacry and Co.. Ltd./, Esq., Wellington, Bacon Curcr (Dimock and Co., ALBERT FORD, Esq- Wellington. Engineer (late Manager WoUbach Co.) . H. KINVIG. E»q„ Wellington, Merchant (Brodnck and JviiiMg) ■ P. W. HAUiS, Esq- Flat Point, Runholdor . ,' A. A. STUART MEinTEATH, Esq- Wellington, Solicitor (Mcntenth and Beoro) ANDREW' McLEOD, LVq- Auckland, Engineer. JAMES McLEOD, Esq- Auckland, Farmer. BROKERS: ' I MESSRS HARCOURT AND CO. U. R. BEJN'DALL, Esq, L. H. B. WILSON. Esq. SECRETARY, pro. tem.: GEORGE ROSS, Hunter street, Wellington. This Company is being formed for the purpose of acquiring and taking oicr the Patent Rights of McLeod's Improved Continuously Heated SeU-fecding Oalorihe Brand, as well as the Patent Rights of an Improved Liquid iuel iniinci, for the manufacture and sale of the Patent Brands and Liquid Fuel ■ B, ! New Zealand, and the selling of the Patent iUgat» m other, parts ot the uoiia (except Great Britain), either right out, for a cash consideration, or on a royalty basis, or an interest in the form of fully paid-up shares (or any ‘-““btnaUJn ol modification that the Company, after formation, may determine) in anj, Syndicat or Company that may bo formed in any country m which this Company may hold Patent Bights. _ . • Patent Rights for the Brand have been applied for in Greal Britain. Ncw Zealand, Australia. United States of America, Canada. Argentine, Transvaal, (/range River Colony, Natal, Cape of Good Hope, Belgium. Franco, Geimauj. Norway and Sweden. These rights have already been granted in Gieat Bntam, -vow Zealand, and the Argentine Republic, and the application ior the Commonwealth of Australia has been accepted under date 9th March. 1305. Patent Rights for the Liquid Fuel Burner have also been applied lor in Great Britain, New Zealand, New South Wales, United States of America, Canada, and the Commonwealth of Australia, and have been granted in ail ol these countries, except, so tar, the Commonwealth of Australia. ... N.B.—All the above Patent Rights and Applications are offered to the public, with tho exception of Great Britain. Tuo Vendor is to receive for his outlay in the purchase of the invention from tho inventor, and in developing tho invention, and for his expenditure on the patent rights specified above, the sum of .£3300 in cash-and L6OOO m fully paid-up shaies, waich will leave the Qompany with .a working capital ot T3OOU. It is estimated that half tliis amount will bo sufficient tor the Company s requuements, , * Many so-called Indelible Brands when used on inanimate objects are easily erased either by rubbing, scraping, planing, or other mechanical means, as well as by chemical means, so that their claim to indelibility is hardly justified. The only known absolutely indelible brand that can be applied to objects, animate and inanimate, is that produced through the agency of heat, and the inventor, recognising this well-known fact, has by a combination ot mechanical appliances in conjunction with chemical and physical principles, evolved a simple continuously-neated, sclf-leeding brand, which overcomes all the difficulties and objections hereinbefore enumerated. The brand being made in various terms, according to tho nature of the work it has to portorm. its utility can he gathered from the following:— USES Tho scope and use of these brands is only limited by the melting point and inflammability of inanimate objects. The brand can bo applied to all kinds o-animals,-more particularly horses, cattle, sheep, etc- etc., either under cover oi in the open. Tno well-defined lines and indehbihty of this brand rendei its use invaluable for branding wool packs, sacks, linen scrim coverings hides, leathei, butter boxes, wood cases, timber, contractors’ plants, railway trucks, bioueib and other-barrels and casks, War Office stocks and stores. Government and Municipal plant and property, bonded stores, pork, hams, sides of bacon, etc., and also as an indestructible advertising medium ior many purposes. In fact, ttte brand is a useful everyday article lor innumerable purposes when the use ot a brand is of commercial or economic advantage. Cattle can be branded rapidlj, the animals being spared tho amount of suffering that usually accompanied the old-fashioned method of branding with Uot irons, owing to the speed with which they can be clearly marked with this now apparatus. A ready many thousands of calves and other animals have been successfully branded with these brands b} the Government Veterinary Department. Hitherto sheen (except in the ease of valuable stud stock) nave been earmarked with holes and notches, which method, as all sheep-farmers are fully aware has proved unsatisfactory, owing to these marks being easily tampered with ’With the introduction of a Special Sheep Brand, particularly for use on the face of sheep, and tho very small cost at which sheep can bo iimehbly branded uameTv, less than cue shilling per 1300-sheep it is confidently anticipated Huit all sheep in future uTll be branded with this Patent Brand. It i a confidently expected that the local demand for the Brand will bo very i a ™ directly" its good qualities and its economical working expenses, viz., about lid per hour, become known, which it is proposed to effect by judicious advertising and practical demonstrations. , A . .. As the profit on each brand will be considerable, when turned out in quanti--1 ties the shareholders may look forward to substantial dividends on their shares from the local market alone, irrespective of their interests in patent rights, royalties and shares in other parts of the world. . • . * j;t j s estimated, on a low basis, that the patent rights for the Brand itself, iin tho following countries, should realise: United States of America ... Canada Argentine • •• ••• ••• • The Commonwealth of Australia South Africa (four States) ... Germany •••/ Trance Belgium Norway Sweden £20,000 10,000 10,000 15.000 12.000 8,000 6,000 3,000 1.500 1.500

.£87,000 If however, this estimate is reduced by 50 per cent, the result o,n r,nh Investors are invited to compare this sum with the Capital of the Company viz i 12,000, and to note that tho rights for New Zealand would still remain the property of the Company. Verb, sam , Tho onlv charge to bo made against the Company is the cost of flotation. . Conies of Testimonials and Patent Agent's Certificate are printed r ■ * -i 1 filntn fllO "RTirtll - HT<3 still - - tho prosnectusTaniT may'bo "obtained .from the Brokers. on .. , P Applications for shares will bo received up to and inclusive of the 30th day ° f be allotted in order of application until the full number have b6e Applicafion’s ‘ for a considerable number of shares have already been made to the Provisional Directors so that intending shareholders should apply early. In case of no allotment the moneys for such unallotted shares will be. returned in U^ Doinonstratioils"of the utility of the Brand can be seen at Messrs W. Dimock «nd Co Ltd Waterloo quay, t\ ellineton, by appointment. In order to comply with the provisions of "The Companies'Act. 1903," the following matters are Bul3scr [ b j ng gUares fixed by the Articles of Association as the nualiflcation of a Director is 25 subscribing shares, and the remuneration of Directors ?,to be fixed from time to time by the shareholders, m general meeting. The sub- “ to the Memorandum of Association whoso names, addresses, and descriptions are appended thereto shall act until the first statutory meeting, when tho shareholders Bha l l p^e^rnirdraum C on which tho Directors may proceed to allotment a>inil he 3500 shares and the amount payable on application and allotment on each Share shall be 7a 6d on application and 7s 6d on allotment. • ■3 6000 shares are to be issued as fully i>aid up to the value of £1 per share, and 1 are to be allotted to the following .. I are LU -£nn +0 Andrew McLeod, the proprietor and original Vendor of the Inventions. 2400 to William Brown, of the City of Wellington. Merchant, in payment for cash and services rendered in the development of the patent rights for the inventions and in developing and a< vertising the inventors themselves, flnt of the 3600 shares to be alloted to the said Andrew McLeod, 800 shares are to h* allotted to James McLeod, of Auckland, farmer, in consideration of cash advances made by him from time to time to the said Andrew McLeod, for the purpose of allotted to the said William Brown as aforesaid, the following shares will be allotted on the flotation of the Company to the persons whose names descriptions, and addresses arc furnished hereunder in consideration of their having underwritten the liability of tho said William Brown in his agreements with the Inventor. Andrew McLeod, dated respectively the 51st day of March and the 6th day of May. 1904, in terms of their agreement made the 31st day of ATnT-nV, 1904 with the said William Brown (all of whiah agreements are deposited at offices of Messrs Mentcath and Beore. Solicitors, 4, Featherston street, Wellington and are open during business hours foriuspection). • Laery and Co.. Ltd., Produce Merchants, Wellington 200 shares Wm Brown, Produce Merchant. Wellington 800 shares Mcnteath and Boere. Solicitors, Wellington * Brodrick and Kinvig. Indent Agents, Wellington Wm. Dimock. Bacon Curer, Wellington (jeo. Crawshaw, Master Mariner, Auckland I ,7. W. Brindley, Underwriter, Wellington 1 Geo. Boss, Accountant. Wellington 1 1 2400 shares Save as above specified, no debentures have been issued, or agreed to be issued, as ‘ ull 4 y The* Addresses ‘of the Vendors and sub-Vendors of the Inventions and Patent Rights or applications (save that for Great Britain) proposed to be purchased -by the Company, and the proportions of cash and shares payable to each on the fio tation of the Company are as set out hereunder:— Andrew McLeod, Engineer, Auck.ond ... 2890 shares £I4OO cash James McLeod, Farmer, Aucklaryl ( ' v>rt 71 Laery” and Co.. Ltd., Merchants, Wton‘ ... 200 Wm. Brown. Merchant, Wellington ... ■ ... 532 Menteath and Beere, Solicitors, W'ton ... 400 Brodrick and Kinvig, Indent Agents, W’ton 200 Wm. Dimock. Bacon Curer, Wellington ... 200 J. W. Brindley, Underwriter, Wellington 200 ‘Geo. Boss. Accountant, Wellington 200 Geo. Crawshaw, Master Mariner, Auck’d ... 200 Albert Ford. Engineer, Wellington 200 F. W. Hales, Runholder, Flat Point ... 63 100 266 200 6000 shares £3OOO cash The amount payable for goodwill over and above the value of the actual cash outlay, or payment for services rendered, is £6OOO in paid-up shares. 5. It is proposed to pay a commission not exceeding 5 per centum to brokers for procuring subscriptions to the share capital of the Company. 6. The estimated amount of the preliminary expenses is £4OO. 7. With the exception of payments to the Vendors as apocified above, no payment is to bo made to any. promoter. ’ '