Page 4 Advertisements Column 4

Taranaki Herald, Volume XXXVII, Issue 8275, 22 September 1888, Page 4

Hoa. W. S. Peter, M.L.C., Anatwi Station, Ashburton, Sonth Canterbury. John Stndholme, Cbristchurch. Tasmania. Western Australia. PROVISIONAL BANKERS : The Bank of Australasia. The Union Bankof Australia (Limited). SOLICITORS : Messrs. Allen and Allen, Phillip-street, Sydney, New South Wales. Messrs. Cothbert, Hamilton and Wynne, Collins-street west, Melbourne, Victoria. Messrs. G. and J. Downer, Centralchambers, King William-street, Adelaide, South Australia. Messrs. MacDonald-Pa'erson, Fitz. Rerald 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. Runting, J.P., 12 Collins- street west, Melbourne AUDITORS ; Messrs. Runting and Wright, 12 Collina-street west, Melbourne. Donald Cormack, Foy's-ohambers, Bond-Street, Sydney. BROKERS : New South Wales Messrs. T. J. Thompson and Sons, Eldon-ohambera, 92 Pitt-streot, Sydney. Mr. Basil G. Woolley, 91 Pitt-street, Sydney. Victorh. Messrs. T. Jaqaes Martin and Company Limited, 88 Collins-street west, Melbourne. Messrs. Win. F. Dix and Company, 49 Collins-street west, Melbourne. Messrs. Henriques Brothers, 55 Fliodera-street west, Melbourne. ?outh Australia. Mr. W. J. Magarey, Weymoath.street, Adelaide. Queensland. Messrs. Corrie and Co., 188 Queenstreet, Brisbane. New Zealand. Messrs. Acland, Barnes aod Co. Christohurob. Tasmania. Messrs. Wright Bro3. r Park-street, Hobart. Temporary Office : 56MARG iRE T-STREET, SYDNEY. ; PASTORAL FINANTCB, TRUST AND AGENCY OOMPANY OP AUSTRALASIA. LIMITED. OBJEOTS.— 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. The Company's operations will include the direct importation and supply of station requisites. SPECIAL FEATURE. — The introduction into this class of Agency business of tbe 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 favonrably applied to tbe polioyholders of mutual life assurance companies*, that the attention of iuvestors ia particularly drawn to this special feature, as more particularly explained below. ADVANTAGES.— The large dividends which the pastoral compauies nl ready established in these oolontea for transacting this class of bnsiness have continuously paid must be held to indicate that large savings can be effected by those pastoraliats and agriculturalists who become Shareholders and Constituents of a Company founded on tbe mutual principle, tbe application of which will necessarily, at the same time, form a guarantee to the ordinary investing Shareholder for tbe rapid development of a large volume of business to the Company. DEBENTURES.— Advantage will bs taken of the present favorable condition of tbe money raarkot in London to i?sne Debentures at advautageous rates, which will enablo tbe Company to graut, on favorable terms, all usual financial facilities to its clients. MANAGEMENT.— Boards will be established in all the principa colonies ; and oare will b > takea to make available to each colony, according to its current business requirements, an equivalent proportion of the oapital at the command of the Company froto time to time. SHARES.— The first issue of chares will, ia the first inatano-, be reserved in the following proportions to supply applications from each colony, viz. :—: — New South Wales, 300,0)0 shares ; Viotoria, 300,000 shares ; Queensland, 200,000 shares; Sruth Australia, 100,000 shares ; i>-ew Zealand, 50,000 shares ; Tasmauia, 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 disposo io other colouios any shares not applied for of the reservations for each colony, and also from time to lime to issue, upon such terms as they may deem advisable, aliaro3 to customers. It ia also iotended to offer tbe whole or a portion of tho next issue in London. PLtv'FiTS.— The articiea provide that tbe net profits, after providing for maintenance of a reasonable current balance and reserve fund, will be apportioced yearly upon the following basis : — (a) In provUiag far a dividend not exceeding the rate of eight pounds per cent, per autiuin upon tho paid up oapital. (b) An appropriation at a rate not exceeding two per cant, per annum on snob capital to a special fund for equalising dividends, provided always that no such appropriation shall be made when* erer tbo said fand shall stand with (be Bam of one hundred,