Page 4 Advertisements Column 5

Taranaki Herald, Volume XXXVII, Issue 8270, 17 September 1888, Page 4

Hoo. W. S. Peter, M.L.0., Anatha Station, Asbburton, South Canterbury. ibhn Studbolme, Christohurch. Tasmania. Western Australia. __^_ i PROVISIONAL BANKERS : ( The Bank of Australasia. The Union Bank of Australia (Limited). SOLICITORS : Messrs. Allen and Allen, Phillip-street;, Sydney, New Sontb Wales. Messrs. Cothbert, Hamilton and Wynne, Collins-street west, Melbonrne, Victoria. Messrs. G. and J. Downer, Centralchambers, King 1 William-street, Adelaide, Sonth Australia. Messrs. MacDonald-Paterson, Fitzperald and Hawthorn, Brisbane, Queensland. . MANAGERS: (To be appointed after first meeting of Shareholders). SECRET ART (Pro Tern.) : R. Montgomery Armstrong, Sydney. REPRESENTATIVE IN VICTORIA (pro tern.) : W. J. Bunting, J.P., 12 Collins. street west, Melbonrne. AUDITORS } Messrs. Ranting and Wright, 12 Collina-street west, Melbourne. Donald Cormaok, Foy's-chambers, Bond-Street, Sydney. BROKERS : New South Wales Messrs. T. J. Thompson and Sons, Eldon-ohambers, 92 Pitt.street, Sydney. Mr. Baßil Q. Woolley, 91 Pitt-street, Sydney. VIOTOBI*. Messrs. T. Jaquea Martin and Company Limited, 88 Oollins-street west, Melbourne. Messrs. Wm. F. Dix and Company, 49 j Collins-street west, Melbourne. Messrs. Henriqueß Brothers, 55 Flinders-street west, Melbonrne. j South Australia. Mr. W. J. Magarey, Weymonfcb.etreet, Adelaide. Queensland. Messrs. Corrie and Co., .188 Queenstreet, Brisbane. New Zealand. Messrs. Aoland, Barnes and Co. Christohuroh. Tasmania. Messrs. Wright Bros., Park-street, | Hobart. Temporary Office : : 56 MARGARET-STREET, SYDNEY, PASTORAL FINANCE, TRUST AND AGENCY 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 Agency and Finance business, having branches in all the Australasian colonies, New Zealand and in London. Tbe Company's operations will inolude the direct importation and supply of station requisites. SPECIAL FEATURE. — The introduction into this class of Agency business of the Mutual principle, under 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 polioyholders of mutual life assurance companies, that tbe attention of investors is particularly drawn to thia special featnre, as more particularly explained below. ADVANTAGES.—Tbe large dividends which the pastoral oompauies already established in these colonies for transacting this olass of business have continuously paid must be held to indicate that large savings can be effeoted by those pastoralists and agriculturalists who become Shareholders and Constituents of a Company founded on the mutual principle, the application of whioh will necessarily, at tbe same time, form a guarantee to the ordinary investing Shareholder for the rapid development of a large volnme of business to the Company. DEBENTURES.— -Advantage will be taken of tbe present favorable condition of the money market in London to issne Debentures at advantageous rates, whioh will enable tbe Company to grant, on favorable terms, all usual financial facilities to its clients. MANAGEMENT.— Boards will be ■ established in all the principa colonies; and oare will be taken to make available to each colony, aooording to its current business requirements, an equivalent proportion of the j capital at tbe command of tbe Company from time to time. SHARES.— The first is3ue of shares will, in the first instance, be- reserved in the following proportions to supply applications from each colony, viz. : — New Sonth Wales, 300,000 shares ; Viotoria, 300,000 shares ; Queensland, 200,000 shares; South Australia, 100,000 shares j New Zealand, 50,000 shares ; Tasmania, 25,000 shares ; and Western Australia, 25,000 shares; but the Directors reserve the power ia 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 such terms as they may deem advisable, shares to customers. It is also intended to offer the whole or a portion of the next issne in London. PROFIT?. — The articles provide that the net profits, after providing for maintenance of a reasonable current balanoa and reserve fund, will be apportioned yearly upon the following basis : — (a) In providing for a dividend not exceeding the rate of eight pounds per cent, per annum upon tho paid up capital. (b) An appropriation at a rate not exceeding two per cbiU. per annum ou eocb capital to a special fund for equalising dividends, provided always that no snob appropriation shall be made whenever the said fund shall atand with the mm of one, hundred