Article image
Article image

1 Hoo. W. S. Peter, M.L.0., Annuia Station, Asbbarton, South Canteri bury. John Stadbolme, Cbristchurch. Tasmania. Western Australia. PROVISIONAL BANKERS : ( Tbe Bank of Australasia. The Union Bank of Australia (Limited). SOLICITORS : Messrs. Allen and Allen, Phillip-street, Sydney, New South Wales. Messrß. Cuthbert, Hamilton and Wynne, Collinß-atreet west, Melbourne, Victoria. Messrs. G. and J. Downer, Centralobambers, King William-street, Adelaide, Sonth Australia. Messrs. MacDonald-Palerson, Fitzgerald and Hawthorn, Brisbane, Queensland. MAVAGERS : (To be appointed after first meeting; of (Shareholders). SECRBTARr (Pro Tern.) : R. Montgomery Armstrong, Sydney. REPRESENTATIVE IN VICTORIA (pro tern.) : W. J. Hunting, J.P., 12 Collins. street west, Melbourne. AUDITORS ; Messrs. Ronting and Wright, 12 Collini-street west, Melbourne. Donald Cormack, Foy's-cha cabers, 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. Jaqnes Martin and Company Limited, 88 Collins-street west, Melbourne. Messrs. Wm. F. Dix and Company, 49 Collins-street west, Melbourne. Messrs. Henriqnes Brothers, 55 Flinders-street west, Melbourne. South Australia. Mr. W. J. Magarey, Weymonth.street, Adelaide. Queensland. Messrs. Corrie and Co., 188 Queenstreet, Brisbane. New Zealand. Messrs. Aoland, Barnes and Co. Chriatchurch. Tasmania. Messrs. Wright Bros., Park-street, Hobart. Temporary Office : 56 MARGARET-STREET, SYDNET. PASTORAL FINANCE, TRUST AND AGENCY COMPANY OP AUSTRALASIA LIMITED. OBJECTS.— This Company has been formed for tbe 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 inclnde the direct importation and supply of station requisites. SPECIAL FEATURE. — The introduction into this class of Agency business of the Mutual prinoiple, nnder which constituents, being Shareholders and having business transactions with tbe Company, will participate in its prdfitß. Tbe system has been so long in operation and favourably applied to tbe policyholders of mutual life assurance companies, that the attention of investors is particularly drawn to this speoial feature, .as more particularly explained below. ADVANTAGES.— Tbe large divi. dends which the pastoral companies already established in these oolonies for transacting this class of business have continuously paid must be held to indicate that large savings oan be effected by those pastoral is ts and agriculturalists who become Shareholders and Constituents of a Company founded on the mutnal principle, the application of which will necessarily, at the 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 tesne Debentures at advautageoaa rates, whioh will enable the Company to grant, on favorable terms, all usual financial facilities to its clients. MANAGEMENT— Boards wM be established in all the principa oolonies; and care will bo takea to make available to each colony, aooording to its current business requirements, an equivalent proportion of tbr capital at tbe command of the Company from time to time. SHARES.— The first is no of shares will, in the first instance, be reserved in tbe 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 ; tf ew Zealand, 50,000 shares ; Tasmania, 25,000 shares ; and Western Australia, 25,000 shares; but tbe 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 shareß not applied for of the reservations for each colony, and also from time to time to issue, upon such terms s as thry may deem advisnble, shares to customers. It is also intended to offer tbe whole or a portion of tbe oext ioßue in London. PROFIT.-.— Tho BrtideB # provide that the net profits, after providing for mnintenanoe of a reasonable current balance and reserve fund, nil! bo apportioned yearly upon the following baßi's :•— (a) In provMicg for a dividend uot exceeding tbo rale of eight pounds per cout. per anunin npou tho paid up cupital. (b) An appropriation at a rate not exceeding two per cent, per annum ou such capital to a special fuud for equalising dividend?, provided always that no such appropriation shall be made whenever tbe laid fond shall Btand with the OQO3 of w\ hundred

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TH18880919.2.30.5

Bibliographic details

Taranaki Herald, Volume XXXVII, Issue 8272, 19 September 1888, Page 4

Word Count
713

Page 4 Advertisements Column 5 Taranaki Herald, Volume XXXVII, Issue 8272, 19 September 1888, Page 4

Page 4 Advertisements Column 5 Taranaki Herald, Volume XXXVII, Issue 8272, 19 September 1888, Page 4