Page 9 Advertisements Column 1

Dominion, Volume 14, Issue 234, 28 June 1921, Page 9

Interest on these Debentures is payable Free of Debenture Tax. The finest Investment ever Offered in New Zealand! Security of £2 for Every £1 ISSUE OF 71 0/ MORTGAGE 2 /o DEBENTURES 1QO—;£5OO-£ 1000 Guaranteed Currency of TEN years. • The Gisborne Sheepfarmers’ Ffoz©o iMfest jMiGFcantil© Go., Liniidbsdo Extra Capital Wanted Growth of Gisborne and for Progress and Expansion Pioneer The Gisborne Sheepfarmers’ Frozen Meat & Mercantile Co., One of the wealthiest parts of the Dominion is the district Ltd was formed 19 years ago, and has had an extremely served by the port of Gisborne, and by its pioneer Farmers successful career ’ Company, which has freeing works at G.sborne, Tokomaru , . Bay, and Hick s Bay. It has made steady and consistent progress, and lt l b o^ Presses The number of sheep in the coun ties served by the Company Freezing Works at Gisborne, Tokomaru Bay, and Hicks Bay 2 885 5?8 -the former being one of the largest plants m New Zealand. . year was 2,885,5-8. Early this year the Company’s nominal Capital was increased Works from £250,000 to £1,000,000. By reason of the recent acquisi- ‘ 1904- 5—191,791. 1914-15—381,820. tion of other concerns, it is anticipated that the issued Capital 1909-10—344,039 1919-20—474,978. of the Company will be approximately as follows : These works provide the largest storage capacity of any single SUBSCRIBED CAPITAL £637,136 factory in New Zealand 422,000 carcases. They rank among, PAID-UP CAPITAL - ■ £395,754-10-0 thc best et l“‘PP ed “ d “ the .... The main portion of the Company s business is. with the kill- , Since the Company’s formation it has distributed £174,795 j n g an j f ree zing of meat. It operates on clients’ account amongst shareholders, paid rebates amounting to £100,527. only,' and does not purchase on its own behalf. The capacity Reserves amounting to £123,352 are now being distributed as o f com pony’s plants is as follows: — share capital. Its average rate of dividend has amounted to Factory— Gisborne — Sheep, 4,000 Storage —Frt. Carcases, 422,000 6i% per annum although the primary object has not been to Tokomaru Bay „ 3,000 „ „ 135,000 make profit but to safeguard producers’ interests. , Hick’s Bay „ 1,200 „ „ 60,000 The following figures reveal the growth of the Mercantile Branch of tho SECURITY OF £615,263-4-4 Company:— ' B/WOOL HIDES SKINS The present Debenture Issue will be secured by first mort- 191911920— C ° m^ any 13,085 5,081 14462 gage to Trustees (The N.Z. Insurance Co Ltd Auckland) E s from Gisborne ’L_ year i y ” a verage of quinquennial period of the freehold and leasehold properties and plant of the 1896-1900 1906-1910 1915-1920 Company, the value of which reaches £615,263-4-4. That is £347,603 £992,554 £2,144,566 over £2 for every £1 that is invited from investors a very The above figures are a criterion of the future growth that may be confidently full margin of cover. expected by the Company. PARTICULARS OF DEBENTURES ~ “ DIRECTORS OF COMPANY The £300,000 Issue is Bsaytonßarker a. m applicant. secured by first mortgage Alexander Cameron Harry de Lautour Interest at the rate of 7i per cent, per annum will J John Clark James Wrey Nolan be paid half-yearly . n rO p eY tieS aEld plant Frederick Hall George M. Reynolds The Debentures will be to bearer, with interest con- IT r pons attached, and are payable in TEN YEARS valued Sit £, S 1 5 233 Howard Kenway Henry Williams 17. GET THE PROSPECTUS. change, or from the Company’* Broker, Mr. W. Liiaant particulars of this Sound Investment. Clayton, Gisborne. The Gisborne Sheepfarmers’ Frozen Meat & Mercantile Co., Ltd. GISBORNE A Special Representative of the Gisborne Sheepfarmers Frozen Meat and Mercantile Company, Ltd., will be in attendance at the Farmers’ Co-operative Wholesale Federation, N.Z., Ltd., (First Floor, Farmers Buildings, Featherston Street, Wellington) to give full information to all enquirers, relative to the Mortgage Debentures mentioned above. ■oi.muuu

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