Page 12 Advertisements Column 1

Sun (Auckland), Volume II, Issue 382, 16 June 1928, Page 12

A Sound Investment in an Essential Industry An offer for Public Subscription is now being made of £25,000 in Bpercent DEBENTURE STOCK and also 17,000 ORDINARY SHARES in The AUCKLAND LAUNDRY Ltd. CAPITAL—£3O,OOO Incorporating tho business originally established 25 years ago, and now carried on by— THE AUCKLAND STEAM LAUNDRY, LTD, Whoso principal and regular clients include the following:— GOVERNMENT HOUSE THE ADMIRALTY British Warships f and Auxiliaries. THE PACIFIC CABLE BOARD THE PUBLIC WORKS DEPARTMENT THE PUBLIC HEALTH DEPARTMENT THE EDUCATION DEPARTMENT THE DEFENCE DEPARTMENT THE PRINCIPAL CLUBS SPORTS CLUBS— Amateur Sports Club Auckland Trotting Club Otahuhu Trotting Club Auckland Military Sports SHIPPING Shaw. Savill & Albion Line Richardson Line Swayne & Hoyt, Ltd. 5 Coastal Steamers Commonwealth & Dominion Line Canadian Government Line I 8 LEADING HOTELS BOARDING HOUSfeS Castlebar Cumarvo Stonehurst Omutarangia Grantley, etc. HOSPITALS • TEA ROOMS— John Buchanan C.C.C. lona Walker’s DENTAL SCHOOLS COLLAR CLUBS PRINCIPAL HAIRDRESSERS In addition to the above, there is a large clientele of private customers in Auckland, and a number of warehouses and offices are also catered for. The debenture stock will be secured against assets of approximately & 411,000. The estimated profits of the extended business for i::s first year will cover the debenture interest twice over, and after allowing for income tax, will largely exceed the amount required to pay a dividend of S9h on the public issue of shares. 7 he issue will close on or before Saturday June 30th. To The Directors, The Auckland Laundry Ltd., C/o. G. Stewart Craig, Ltd., 41 Shortland Street, AUCKLAND. (Box 487) Please forward me, without obligation, a copy of the prospectus of the issue of 8 per cent, debenture stock and shares now being made. Name Address