number of the subjects handled. To do thi3 effectually, and yet maintain the profitable character of future Balance Sheets, is the chief object the Directors of the Company seek to attain. After careful consideration they have concluded that without further capital it is useless to attempt an enlargement — a conclusion that will be endorsed by all who have read the Balance Sheet, and noted the smallness of the sum paid for literary work — a conclusion thnt will be further strengthened when the difficulty, almost prover* bial, of collecting newspaper accounts is taken into consideration. The Directors feel that the early history of any attempt at improvement will be an immediate increase in the expenses, while the increase in the receipts will be remote : therefore they are sure that without a respectable sum in hand for efficient preparation, and for tiding over early difficulties, to attempt enlargement would be to court failure. Were the 919 unallotted Shares of the Company taken up, they would feel themselves justified in at once taking the steps necessary to enlarge the paper and increase its business. From experience of the past year's work, the history of which, like the history of all first years, is a history of many difficulties once for all overcome, the Directors feel justified in looking upon success as certain ; and consequently they have much pleasure in offering the balance of the Company's Shares to the Catholic public of the Colony, as a remunerative investment for their capital. Intending applicants are invited to communicate with any of the Company's Agents, a list of whom appears in each issue of the paper. These will forward the applications and remittances to the Board of Directors for allotment. They have been all instructed to this effeot. JOHN SOANLAN, Chairman of Directors. July 7th, 1874.
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Bibliographic details
New Zealand Tablet, Volume II, Issue 64, 18 July 1874, Page 5
Word Count
300Page 5 Advertisements Column 2 New Zealand Tablet, Volume II, Issue 64, 18 July 1874, Page 5
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