Do not wait! Next Week may be TOO LATE. TARANAKI PETROLEUM PREFERENCE SHARES. "VTOU have heard Mr. Henry's remarks on the extent of the Taranaki oilfields. Sixty-one companies were formed i» ONE day at Alberta, in Canada, a few days ago. We have possibly an equal extent of country. ; '? THE TARANAKI PETROLEUM COMPANY is probably „ THE KEY TO OUR FIELD, and will probably also be the controlling company. *fe You will WANT to invest in the future and WILL NOT THEN have the opportunity to get in ON BED-ROCK, in the PREMIER COMPANY, as you can do now. £ Opportunities do not come; you must make them. The terms are of the easiest—2s on application, Is on allotment, and nearly THREE YEARS to pay the balance, IF all should be called up. APPLY NOW.
Dear Sir or Madam,— I beg to call your attention to the Preference Shares of the above Company aB a SOUND and PROFITABLE investment, and particularly as a means of ADVANCING your own interests and those of the province. The following are a few points, stated as concisely as possible, that I trust will r n neal to you:— The Company has PROVED that oil exists in PAYABLE quantities and of a quality UNSURPASSED in the world. The Company is financially SOUND, but additional capital will largely ADD to its prosperity. By taking up its Preference Shares, which carry a preferential dividend of 7% per cent, you make it STRONG financially. Being strong financially, you place it in the best position to make the BEST POSSIBLE TERMS with a purchaser, being INDEPENDENT. . Ypu enable it to FURTHER DEVELOP its oil deposits, and consequently to ask the utmost price possible when selling. You assist it to erect a REFINERY, and so obtain the BEST VALUE for its oil products. What does the erection of a Refinery mean to the District ana the Company? It wfl enable the Company to pay DIVIDENDS and make your Investment HIGHLY PROFITABLE one. It will muan the ESTABLISHING of various INDUSTRIES. INDUSTRIES mean the employment of a LARGE amount cf LABOR. of this labor mean MORE EMPLOYMENT for all tradesmen,'there being~pnictically n V empty houses in the town of Sew Plymouth. MORE LABOR will be required at the Stores to cope with the additional business. MORE CAPITAL will be CIRCULATED. NEW FIRMS will spring Up and the old ones will employ ADDITIONAL hands. More FARM PRODUCE will be required of all sorts, which will mean higher and MORE STABLE values for land. The oil deposits BEING AT A PORT occupy an almost UNIQUE position, the heavy cost of PIPING from inland deposits being SAVED. The position of its properties may also give it a MONOPOLY of REFINING. The refined products can also be handled at a MINIMUM of expense, and necessary supplies imported cheaply. •; FUEL for industries will be CHEAP. There will be a LARGE INCREASE of SHIPPING at the harbor. If you already HOLD SHARES, it is all the more REASON for yonr TAKING MORE, as the placing of all the Preference Shares will give those you already hold additional value, and the paid-up shares that arc now at a discount will reach par or be at a premium. Do you want your DISTRICT TO PROGRESS? Then help the most promising of all your industries by filling in the accompanying application form and forwarding it to me, with 2s per share applied for, or to the company. You can help according to your means. Ten shares involve only & 2mall annual outlay, as the payment is spread over nearly THREE YEARS if all the money should be called up. If only this small cumber is taken up by all, the amount required would be largely OVER-SUBSCRIBED, and the preference shares would eoon me at a PREMIUM. Under 7000 shares are now required, so tend fa your application promptly and the Refinery can be Btarted. WALTER BEWLEY, NEW PLYMOUTH.
[Cut this out and send to me]. TO T3E DIRECTORS OP THE TARANAKI PETEOLEUM COMPANY, LIMITED. Gentlemen,— I hereby request you to allot roe shares in the above-named Company in the proposed issue of 30,000 £1 preference shares, and I hereby agree to accept the same or any less number that may be allotted to mv. I enclose the sum of £ ..., 'itirg the amour.t payable on application for the Raid shares at the rate of 2s per share, and I agree to pay further the sum of Is ptr share on allotment, and the balance at the rate of Is per share at intervals of not les3 than two calendar moctbs. And I request r.nd authorise yon to regisi;.." me :.s the holder of the shares so allotted. (Name ia full) i (Description) r> ted the ~,,. ........... 1911. ■.Hijnaiurc) WALTER BEWLEY, SKAKE3ROXER, :U.;V/ PLYMOUTH.
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Bibliographic details
Taranaki Daily News, Volume LIII, Issue 250, 28 February 1911, Page 7
Word Count
815Page 7 Advertisements Column 1 Taranaki Daily News, Volume LIII, Issue 250, 28 February 1911, Page 7
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