A 61* investment on Silt -edge Security TO PROVIDE CAPITAL TO BUILD AND EQUIP A FACTORY NEAR AUCKLAND. | Booth, Macdonald & Co. Ltd. WITH BRANCHES AT CHRISTCHURCH I AUCKLAND, HAMILTON, GISBORNE, HASTINGS, NEW PLYMOUTH, PALMERSTON N. MASTERTON, ASHBURTON, TIMARU and DUNEDIN, I Have decided to issue 25,000 61% CUMULATIVE PREFERENCE SHARES OF £1 EACH, I at par, dividends on which will accrue from date payments are received. This expansion | is essential to take care of the phenomenal increase of business, which is considerably in excess of | the Christchurch Factory capacity; and, as most of the excess business comes from the North Island, it is the logical and just thing to establish a North Island Factory, for which purpose a suitable site has been secured at Penrose Junction, plans of Factory already prepared, and it .is confidently anticipated that the new Factory will be in active operation within twelve months BOOTH, MACDONALD & GO. LTD., have never missed paying a dividend and have assets sufficient to pay off all liabilities (exclusive of capital) three times over ! It is confidently anticipated that the above issue will be rapidly taken up, and early application —on the form hereunder — therefore advisable. To the Directors of Booth, Macdonald, & Co., Ltd., Christchurch. , Gentlemen,Please allot me 6J% Preference Shares in terms of the Company Prospectus dated 30th August, 1920, and I agree to accept the same, or any smaller number that may be allotted to me. I herein hand you the sum of £ : ' ; , being a deposit of 2/per share on shares in above-named Company, and to pay the balance of 18/- per share, as provided by the Prospectus, and authorise you to register me as holder of the said shares. Name in full. - (State whether Mr., Mrs., or Miss), Address Occupation , .(State whether Mr., Mrs., or Miss). Date 7T7TT. TV....... -
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https://paperspast.natlib.govt.nz/periodicals/NZT19200923.2.72.5
Bibliographic details
New Zealand Tablet, 23 September 1920, Page 34
Word Count
301Page 34 Advertisement 5 New Zealand Tablet, 23 September 1920, Page 34
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