Hon. W. S. Peter, M.L.C., An^t/ia Station, Asbburton, South Canter, bary. John Stndholme, Christoburch. Tasmania. Western Australia. PROVISIONAL BANKERS : j Tbe Bank of Australasia. The Union Bankof Australia (Limited). SOLICITORS : Messrs. Allen and Allen, Phillip-street, Sydney, New South Wales. Messrs. Cnthberfc, Hamilton and Wynne, Collins-street west, Melbourne, Victoria. MeßSrs. GK and J. Downer, Centralchambers, King William.stre&t, Adelaide, South Australia. Messrs. MacDonald-Paierson, Fitzgerald and Hawthorn, Brisbane, Queensland. MA VAG^RS : (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, Melbourne AUDITORS ; Messrs. Rnnting and Wright, 12 Collins-street west, Melbourne. Donald Cormack, Foy's-obambers, Bond-Street, Sydney. BROKERS : New Sooth Wales Messrs. T. J. Thompson and Sons, Eldon-ohambers, 92 Pitt-street, Sydney. Mr. Basil G. Wool ley, 91 Pitt-street, Sydney. Victoria. Messrs. T. Jaques Martin and Company Limited, 88 Collins-street west, Melbourne. Messrs. Wm. F. Diz and Company, 49 Collins-street west, Melbourne. Mesßrs. Henriquea Brothers, 55 Flioders-fitreet west, Melbourne. South Australia. Mr. W. J. Magarey, Weymouth.street, Adelaide. Queensland. Messrs. Corrie and Co., 188 Queenstreet, Brisbane. New Zealand. Messrs. Aoland, Barnes and Co. Christchnroh. Tasmania. Messrs. Wright Bros., Park.streot, Hobart. Temporary Office : 56 MARQ & RE T-STREET, SYDNEY. PASTORAL FINANCE, TRUST AND AGENCY COMPANY OF AUSTRALASIA LIMITED. OBJECTS.— This Company has been formed for the pnrpose of establishing, upon an adrantageous and comprehensive baßis, a Pastoral Agricnltnral and Commercial Agency and Finance business, having branches in all the Australasian colonies, New Zealand and ia London. The Corn* pany's operations will include tbe direct importation and supply of station requisites. SPECIAL FEATURE. — The introduction into this class of Agency business of the Mutual prinoiple, under which constituents, being Shareholders and haying 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 mutual life aeaurance companies, that tbe attention of investors is particularly drawn to this special feature, as more particularly explained below. ADVANTAGE3.—The 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 oan be effected by those pastoralists and agriculturalists who become Shareholders and Constituents of a Company founded on the mutual prinoiple, the application of which will necessarily, at the same time, form a guarantee to the ordinary investing Shareholder for tbe rapid development of a large volnme of business to the Company. DEBENTURES.— Advantage will be taken of the present favorable condition of the money market in London to issno Debentures at advautageous 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 tbe principa colonies; and care will be taken to make available to eaoh colony, accord* ing to itscurreut bnsineßß requirements, an equivalent proportion of the capital at the command of the Company from time to time. SHARF.S. — The first is ne of shares will, in tbe 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 ; Sruth a ostralia, 100,000 shares ; Pew Zealand, 50,000 shares ; Tasmania, 25,000 shares ; and Western Australia, 25,000 shares; bnt tbe Directors reserve the power in making allotments to have regard, in the first place, to applicants likely to becotno constituents, to dispose in otber colonies any shares not npplied for of the reservations for oacU colony, and also from time to time to issue, npon each terms as they may deem advisable, shares to customers. His a'so ioteuded to offer tbo whole Of a portion of the next iieuo in London. PROFIT 1 * .—The articles provide that the net profits, after ptoviding for maiutenauca of a reasonable current balance aud reaorre fund, vr ill bo apportioned yearly upon the following basis; — (a) In providing for a dividend not exceeding tbe rate of eight pounds per cent, per antiatn upon (ho paid up enpita!. (b) n appropriation at a rato not exceeding two per cant, per annum on such capital to a speoiul fund for equalising dividend*, provided always that no such appropriation shall be made whenever the said fond ihall stand mth the aam of one)! hundred
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Bibliographic details
Taranaki Herald, Volume XXXVII, Issue 8273, 20 September 1888, Page 4
Word Count
710Page 4 Advertisements Column 5 Taranaki Herald, Volume XXXVII, Issue 8273, 20 September 1888, Page 4
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