Next Week may be TOO LATE. TARANAKI PETROLEUM PREFERENCE ■yOU have heard Mr. Henry's remarks on the extent of the Taranaki oilfields. Sixty-one companies were formed in 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. You will WANT to invest in the future and WtLL NOT THEN have the opportunity to get in OX 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 I beg to call your attention to the Preference Shares of the above Company as 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 oeal 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 la*gely ADD to its prosperity. By taking up its Preference Shares, which carry a preferentia, dividend of 7y 2 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.' You 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 anu the Company? It w:'M enable the Company to pay DIVIDENDS and make your investment HIGHLY PROFITABLE ono. It will mean the ESTABLISHING of various INDUSTRIES. INDUSTRIES mean the employment of a LARGE amount of LABOR. The HOUSING of this labor will.mean MORE EMPLOYMENT for all tradesmen, there being practically no empty houses in the town of New Plymouth. MORE'LABQR 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 your TAKING MORE, as the placing of all the Preference Shares will give those you already hold additional value, and the paid-up shares that are now at a discount will reach par or be at a pre"iiium. 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 a email 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 •hares would eoon me at a PREMIUM. Und«r 7000 shares are now required, so send b your application promptly and the Refinery can be started. WALTER BEWLEY, SHAREBEOXEt NEW PLYMOUT! [Cut this out and send to me]. TO TdE DIRECTORS CF THE TARANAKI PETROLEUM COMPANY, LIMITED. I hereby request you to allot roe shares in the above-named Company in the proposed issue of 30,000 £1 prefsrence shares, and I hereby agree to accept the same or any less number that may be allotted to nib. I enclose the sum of £ , hvv.g the amount payable on application for the said shares at the rate of 2s per share, and I agree to pay further the Burn of Is psr share on allotment, and the balante at the rate of 1b tut share at intervals of not less than two calendar motto. And I request und authorise you to registu? itx* ::s the holder of *i.» are 9 go Plotted. (Name in full) ■ (Description) (Aftlvesiji r» Ud the ,;„.-:., d*y of v'ijjhaLurc) WALTER BEWLEY, SKASE3ROKER, ;LW PLYMOUTH.
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Taranaki Daily News, Volume LIII, Issue 253, 4 March 1911, Page 3
Word Count
826Page 3 Advertisements Column 1 Taranaki Daily News, Volume LIII, Issue 253, 4 March 1911, Page 3
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