Page 8 Advertisements Column 4

Southland Times, Issue 19292, 10 July 1924, Page 8

iiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiinuiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiihiiiiiiH The Southland Woollen Mills, Limited. (Intended to be incorporated under “The Companies Act, 1908.”) NOMINAL CAPITAL - - - £200.000. DIVIDED INTO 200,000 SH2IRES OF £1 EACH, OF WHICH 100,000 SHARES ARE NOW OFFERED TO THE PUBLIC FOR SUBSCRIPTION ON THE FOLLOWING TERMS }— 27- per Share on Application, 21 - per Share on Allotment. AND THE BALANCE IN CALLS OF NOT MORE THAN 2/- PER SHARE AT INTERVALS OF NOT LESS THAN THREE MONTHS. The Balance of the Shares to be issued at the discretion of the Directors. The Minimum Subscription at which the Directors may proceed to Allotment has been increased from 20,000 to 30,000 Shares. PROVISIONAL DIRECTORS (Who will hold office until the Statutory Meeting, when Directors will be appointed by the Shareholders): FREDERICK WALLIS, Jun. .. Merchant, Gore JOHN CASEY .. . Wool Exporter, Gore ANDREW ALLAN SCOULLAR FLEMING .. .. Flourmiller, Gore JAMES BROWNLIE .. Merchant, Gore CUTHBERT JOHN BRODRICK .. Architect, Invercargill JOHN JOSEPH GREEN Auctioneer, Gore WILLIAM AUSTIN MORRIS Runholder, West Gore GEORGE PETERSON Merchant, Gore ALBERT EDWARD USHER WOOD .. .. .. .. Merchant, Dunedin JOHN MACGIBBON .. .. Merchant, Gore ARTHUR ELLIS .. .. Flock Manufacturer, Dunedin HENRY HALLIDAY .. .. .. .. .. Merchant, Dunedin BANKERS: BANK OF NEW ZEALAND. SOLICITORS: MESSRS SMITH AND DOLAMORE, Solicitors, Gore. ACTING AUDITOR: FRANK YOUNG, Accountant, Mersey Street, Gore. INTERIM SECRETARY AND CHIEF BROKER: FREDERICK HUBERT LABATT, P.O. Box 113 Gore (and at Inglis’s Buildings, Christchurch). The Company is being formed for the purpose of establishing a Woollen Mill or Mills in or near Gore and elsewhere as may be considered advisable from time to time by the Directors. In suggesting Gore as the site for the proposed Mill, the promoters have been impressed with the undoubted advantages of the town for this particular industry. The town is most favourably situated in regard to transit facilities, water supply, and hydro-electric power. It is in close proximity to Mataura, where well-known industries are already established, and in connection with which a certain amount of labour will be available. Gore, which is the second largest town in Southland, has shown considerable municipal enterprise, and will in consequence prove an attractive residential centre to the operatives in this and other industries. The establishment, therefore, of Woollen Mills in the favourably-situated locality in the Gore district must strongly appeal to investors generally and particularly to wool-growers, who, as practical men, will recognise the undoubted economic advantages by curtailment of railages, freights, etc., of having the medium of manufacture situated in close proximity to the source of supply. In this connection it may be mentioned that the number of sheep in the Dunstan, Clutha, and Southland Subdivisions in 1923 amounted to over 3,330,000. The Company will have the advantage of being able to instal the latest type of machinery in the Mills. The buildings, plant and general equipment will be of the most modern and up-to-date description in every respect. Advantage will also be taken to avail of the latest labour-saving appliances in every department of the MUI. There are only a few woollen mills in the Dominion which are public companies, and these have l>een long-estab-lished. ranging from 26 to 50 years. No new woollen manufacturing company has been formed as a public company in the South Island during the past 25 years. The formation of the Southland Woollen Mills, Ltd., will, therefore, give th® Southland public an opportunity of securing an investment at par value in an industry which has, under sound management, returned handsome profits for a number of years past, as reference to balance-sheets will prove. NO PROMOTERS’ SHARES ARE BEING ISSUED IN CONNECTION WITH THE FLOTATION OF THE COMPANY. Attention is drawn to the exceptionally Easy Terms on which Shares in the Company can be subscribed—viz., calls of oniy 2/- per Share at intervals of not less than three months. Thus the payment of callmoney extends over a period of approximately two years. APPLICATIONS FOR SHARES may be made to— F. H. LABATT, Chief Broker, P.O. Box 113, Gore (or Inglis’s Buildings, Christchurch), or Also— T. L. ADAMS, Organiser, Gore. W. A. OTT & CO., LTD., Sharebroker, Invercargill.

Two Two Stocks of I|j f|| Stocks of RIBBONS W/ m I r RIBBON S At truly remarkable Prices! Read this List! Then order immediately while such low prices are possible. LINGERIE RIBBONS, Floral design; suitable also BLACK GLACE RIBBONS, Millinery, Hair Ties, for Fancy Work, Bazaars, etc.— We offer the remainder of Herbert, Haynes’ Pink and White, |in wide: stock at special prices, regardless of cost— Usual Price 3d yard l* n 2Jin 3in Sale Price 1/- dozen yards Usual Prices 4|d 1/6 2/2 2/3 2/9 Pink, Sky, and White; iin wide: Salc Price ’.. Zd . 3 . 7 * d Usual Price 6d yard .. . p . A'?, . ciD’ o / i ■ Usual Prices 3/6 4/6 4/11 5/11 yard ni ci S > a wL Pr ‘ Ce , 2/ ’ d , OZe “ yard ’ Sale Pficcs 9d ’A V 3 1/6 yard Pink, Sky, and White; fin wide: CORDED MILLINERY RIBBONS, rich quality; Usual Price 9d yard 2-Jin wide; in clear shades of Salmon, Light Sale Price 2/11 dozen yards and Dark Saxe, Ivory, Wine, Vieux Rose, COLOURED GLACE RIBBONS, in Royal and Henna, Pale Pink, Helio., Sky, White, Light Crimson; a good sound Ribbon; adapted for an d Dark Crimson, Black, Turquoise, Royal. Club Favours, Judges’ Badges, etc. — and Navy— Usual Price 2/6 yard lin wide . . Usual Price BJd yard Sale Price 9d yard Sale Price 6 yards for 9d CREPE WASH RIBBONS, noted for hard wear—l|in wide .. Usual Price lld yard )p . f‘ n f ln , j^. n . , Sale Price 3 yards for 6d P". ces yard COLOURED VELVET RIBBONS, lin wide; in /: H ITE GUCE RIBBON, a rich heavy Ribbo"? Sky, Vieux Rose, Navy, Moss, and Myrtle— two on]y __ 4in 6in Usual Price 1/6 yard Usual Prices 2/1 I 3/3 yard Sale Price 2d yard Sale Pricet 1/- 1/3 yard LADIES’ LOUNGE Sr/J for Customers’ Convenience D.LC. - Dunedin situated on First Floor. |

FOR Felt, Zinc, Steel and Iron Roofs uaa “Fibrine” British Black Anti-Ooarroarvt Protective Paint. Withstands ail ciimahc conditions. Great spreading power. Writ® R. P M. MANNING A CO., 5 Bedford Row, Christchurch. 5 BATHS —Cast-iron Enamel Bath®. See Our New Pattern, “EMPIRE.” Sole makers —WILSON BROS., Leet Street, 1»vercaxpU. ’Phone £9l.

By Special Appointment. E. A. PHILLIPS Photo Artitt—Winton. RENOWNED FOR ENLARGEMENTS.

Geo. d. macindoe, mjs.l Houae Telephone—No. 14. CHEMIST, ASSAYER AND CHEMICAL ENGINEER. Having had in Britain a wide experience in industrial and Agricultural Chemistry, is prepared to undertake the analysis, and [ insoectinn of all manufactured materials.