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Hon. W. S. Peter, M.L.C., Anaurja j Station, Ashbarton, South Canter, bury. John Stndholme, Christchurcb. Tasmania. Western Atistralia. PROVISIONAL BANKERS : f I The Bank of Australasia. The Union Bank of Australia (Limited). SOLICITORS : Messrs. Allen and Allen, Phillip-ufcreet, Sydney, Now South Wales. Messrs. Cntbbert, Hamilton and Wynne, Collins-street west, Melbourne, Victoria. Messrs. G. and J. Downer, Centralchambers, KiDg William-street, Adelaide, Sonth Australia. Messrs. MacDonald-Paterson, Fitzperald and Hawthorn, Brisbane, Queensland. MA^'AGFRS : (To be appointed after first meeting of shareholders). SECRETARY (Pro Tern.) : R. Montgomery Armstrong, Sydney. REPRESENTATIVE IN VICTORIA (pro tern.) : W. J. Ranting, J.P., 12 Collins, street west, Melbourne AUDITORS ; Messrß. Renting and Wright, 12 Collina-street west, Melbourne. Donald Cor mack, Foy's-chambers, Bond-Street, Sydney. BROKERS : New South Wales Messrs. T. J. Thompson and Sons, Eldon-ohambers, 92 Pitt-streot, Sydney. Mr. Basil G. Woolley, 91 PitUfcreet, Sydney. Victoria Messrs. T. Jaqaea Martin and Company Limited, 88 Collins-street west, Melbonrne. Messrs. Wm. F. Dix and Company, 49 Collins-street west, Melbourne. Messrs. Heoriques Brothers, 55 Flinders-Btreet west, Melbourne. South Australia. Mr. W. J. Magarey, Weymootb.street, Adelaide. QOBENSf.AND. Messrs. Corrie and Co., 188 Queen, street, Brisbane. New Zealand. Messrs. Acland, Barnes and Co. Christohnroh. Tasmania. Messrs. Wright Bros., Park-streot, Hobart. Temporary Office : 56 MARG A RE T-STREET, SYDNEY. PASTORAL FINANCB, 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, baring branches in all the Australasian colonies, New Zealand and in London. Tbe Com. pany's operations will include the direct importation and supply of station requisites. SPECIAL FEATURE. — Tbe introduction into this class of Agency business of tbe Mutual prinoiple, under which constituents, being Shareholders and having bnsiness' transactions with tbe Company, will participate in its profits. Tbe system has been so long in operation and favonrably applied to tbe policyholders of mutual life assn ranee companies, that tbe attention of investors is particularly drawn to this special feature, as more particularly explained below. ADVANTAGES.— The large divi. dends which the pastoral compauies already established in these colonies for transacting this class of business have continuously paid most be held to indioate that large savings can be effected by thoßo pastoralists 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 the rapid development of a large ' volume of business to the Company. DEBENTURES.— Advantage will be taken of tbe present favorable condition of the money market in London to issue Debentures at advautageoas rates, which will enable j tbe Company to grant, on favorable j terms, all usual financial facilities to its clients. MANAGEMENT.— Boards wiH be established in all tbe principa colonies; and care will be taken to make available to each colony, according to its current business requirements, an equivalent proportion of thr capital at the command of the Company from time to time. SHARKS.— The first is^ue 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 ; Viotoria, 300,000 shares ; Queensland, 200,000 shares; South Anstralia, 100,000 shares ; &*ew Zealand, 50,000 shares ; Tasmania, 25,000 shares ; and Western Australia, 25,000 shares; but the Directors reserve the power in making allotments to have regard, in tbe 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 iasue, upon such terms as they may deem advisable, shares to cnalomers. It is a' so intended to offer the whole or a portion of tho next i-sao in London. PttOPiT-.— The wrticlea provide that the net profit?, after providing for maintenance of v reasonable current balance 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 np capital. (b) Ad appropriation at ft rale not exceediug two per emit, per annum ou snob capital to a special fund for equalising dividendf, provided always that no such appropriation shall bo made when* j ever the said fond shall stand with tbe snta of one, hundred

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https://paperspast.natlib.govt.nz/newspapers/TH18880918.2.31.5

Bibliographic details

Taranaki Herald, Volume XXXVII, Issue 8271, 18 September 1888, Page 4

Word Count
721

Page 4 Advertisements Column 5 Taranaki Herald, Volume XXXVII, Issue 8271, 18 September 1888, Page 4

Page 4 Advertisements Column 5 Taranaki Herald, Volume XXXVII, Issue 8271, 18 September 1888, Page 4