Page 4 Advertisements Column 5

Taranaki Herald, Volume XXXVII, Issue 8269, 15 September 1888, Page 4

Hoa. W. S. Peter, M.L.0., Anauna ! Station, Aabbnrton, South Canterbury, John Stndbolme, Chriatcharcb. Tasmania. Western Australia. PROVISIONAL BANKERS : ( The Bank of Australasia. The Union Bank of Australia (Limited). SOLICITORS : Messrs. Allen and Allen, Phillip-street, Sydney, New South Wales". Messrs. Cuthbert, Hamilton and Wynne, ColliDs-street west, Melbourne, Victoria. Messrs. G. and J. Downer, Centralchambers, King William-street, Adelaide, Sonth Australia. Messrs. MacDonald-Paterson, Fitz. Gerald and Hawthorn, Brisbane, Queensland. MANAGERS : (To be appointed after first meeting of Shareholders). SECRETARY (Pro Tern.) : R. Montgomery Armstrong, Sydney. REPRESENTATIVE IN VICTORIA (pro tern.) : W. J. Rnnting, J.P., 12 Collins. street west, Melbonrne. AITDITQRS; Messrs. Ranting and , Wright, 12 Collina-slreet west, Melbourne. Donald Cormack, Foy's-chamberg, Bond' Street, Sydney. BROKERS : New South Wales Messrs. T. J. Thompson and Sons, Eldon-ohambers, 92 Pitt-street, Sydney. Mr. Basil G. Woolley, 91 Pitt-street, Sydney. Victoria Messrs. T. Jaques Martin and Company Limited, 88 Collins-street west, Melbonrne. Messrs. Wm. F. Dix and Company, 49 Collins-street west, Melbonrne. Messrs. Henriques Brothers, 55 Flinders-street west, Melbonrne. South Australia. Mr. W. J. Magarey, Weymonth-streer, Adelaide. Queensland. Messrs. Corrie and Co,, 188 Queenstreet, Brisbane. New Zealand. Messrs. Aoland, Barnes and Co. Christchuroh. Tasmania. Messrs. Wright Bros., Park-streofc, Hobart. Temporary Office : 56 MARG ARE T-STREET, SYDNEY. PASTORAL FINANCB, TRUST AND AGENOY COMPANY OF AUSTRALASIA LIMITED. OBJECTS.— This Company has been formed for the purpose of establishing, upon an advantageous and comprehensive basis, a Pastoral Agricultural and Commercial Agenoy and Finance business, having branches in all the Anstralasian colonies, New Zealand and in London. Tbe Company's operations will inclnde the direct importation and supply of station requisites. SPECIAL FEATURE. — Tbe introduction into this class of Agency business of tbe Mutual principle, nnder which constituents, being Shareholders and having business transactions with tbe Company, will participate in its profits. The system has been so long in operation and favourably applied to tbe policyholders of mntual life assurance companies, that the atteution of investors is particularly drawn to thiß special feature, as more particularly explained below. ADVANTAGES.— Tbe large dividends which the pastoral companies already established in these colonies for transacting this class of business have continuously paid must be held to indicate that large savings can be effected by those pastoral is ts and agriculturalists who become Shareholders and Constituents of a Company founded on the mutual principle, the application of which will necessarily, at tbe same time, form a guarantee to the ordinary investing Shareholder for tbe rapid development of a large volume of business to tbe Company. DEBENTURES.— Advantage will be taken of tbe present favorable condition of tbe money market in London to issue Debentures at advautageous rates, which will enable the Company to grant, on favorable terms, all usual financial facilities to its clients, p MANAGEMENT.—Boards will be establiahed in £ all the principa colonies; and oare will be taken to make available to each colony, according to its current business requirements, an equivalent proportion of the capital at tbe command of tbe Company from time to time. ! SHARES.— The first is no of shares | will, in the first instance, be reserved in the following proportions to supply applications from each colony, viz. : — New South Wales, 300,000 shares ; Victoria, 300,000 shares j Queensland, 200,000 shares; Sruth Australia, 100,000 shares ; tfew Zealand, 50,000 shares ; Tasmania, 25,000 shares ; and Western Australia, 25,000 Bhares ; but the Directors reserve the power iv making allotments to have regard, in the. first place, to applicants likely to become constituents, to dispose in other colonies any shares not applied for of the reservations for each colony, and also from time to time to issue, upon suoh terms as they may deem advisable, shares to customers. It iB a 1 so intended to offer tbo whole or a portion of tho Dext issue in London. PROF LTri.— Tbe articles provide that the net profit*, after providing for maintenance of a reasonable current balance and reserve fnnd, trill bo apportioned yoarly upon the following basiß : — (a) In providing for a dividend not exceeding tbe rate of eight ponnds per cent, per annum upon tho paid np capital. (b) An appropriation at a rate not exceeding two per cont. per annum on such capital to a special fund for equalising dividends, provided always that no such appropriation shall be made when, ever the said fond shall stand with tbe mm oi one hundred