POPPELWELL'S jfcjL VX^HEN you have to seiect a gift for a man visit Poppelwell's. Whether . it be just an inexpensive little remem- yv branco or a really handsome gift you , will find an exoellent assortment certain to win his approval. HANDKERCHI -FS " MEN'S PYRAMID HANDKERCHIEFS— Oojoured and Initial 1/4, Plain White 1/MEN'S PYRAMID HANDKERCHIEFS, j-dozen assorted. Fancy box 8/"UKANBOIL" COLOUKED HANDKERCHIEFS ........ + 1/S COLOURED INITIAL HANDKERCHIEFS 1/PLAIN WHITE HANDKERCHIEFS, with Initial ........ 6d and 1/- W/.\ /r PURE IRISH LINEN HANDKERCHIEFS. Coloured and Plain WhTte. f TIES 2/0, 3/6, 4/6 to 8/6 . 'MBm SOCKS 2/6, 2/11, 3/6 to 5/6 MjBbH BRAOES 2/6, 2/11, 3/6 to 6/6 NEG SHIRTS, 2 Collars 8/11, 9/6, 10/6 to 21/6 H W ^ Wm TENNIS SHIRTS. Fuji Sili, Aertex, Clydella, etc. .. "9/11, 11/6, 15/9 SPORTS SHIRTS. Locknit and Aertex, etc. .............. frodn 8/11 TRAVELLING SLIPPERS in Laather Oase— WHITE SILK NECKERCHrEPa— ^ ^ PYJAMAS. Cotton, faney etripes 8/11, 10/6, 11/6 !' PYJAMAS. Silk 10/6, 13/6, W* to 19/6 PYJAMAS. Pure Orepe de Ohene ............................ 32/6 ^ EARLY CHOICE IS ALWAYS BEST DOPPELWELL J ® &CO.LTD. HASTINGS s — ~~ This notice is not to be regarded a s an invitation to the public to subscribe for shares but is for the purpose of giving infoxmation to the public connerning the compaay. SHORT PARTICULARS: 6% PreferenceX Investment rrf New Zealand Chain Store Amalgamation of Two Existing Companies MACDUFFS LIMITED with Seven Stores, at Wellington, Christchurch, tower Hutt, Petone, Dannevirke, Wairoa and Levin." SHILLINGS LIMITED with Eight Stores at Auckland, - Wellington, Christchurch, Dunedin, Hamilton, New Plymouth, Palmerston North and Masterton. MACDUFFS LIMITED (Intended to be incorporated under The 'Companies Act, 1933) AUTHORISED CAPITAL: £500,000— divided into 350,00 ordinary shares of £1 each and 150,000 6 per cent. cumulative prefere nce shares of £1 each; of which — 'v 210,000 ordinary shares and 50,000 preference shares will be issued as fullypaid up in part payment for ihe assets to be acquired from both companies; 15,000 preference shares and 8 ordinary 'shares are subscrihed for in the Memorandum of of Association 85,000 preference shares and 39,992 ordinary shares are to he issued to the pubSc for subscription. 100,000 ordinary shares are to be held in reserve. DIRECTORS: WILLIAM THOMAS RICHARDS LESL1E OSWALD BOYD NOEL BLANEY BOYD JOHN GRAHAM BUCKLETON WILLIAM JURGEN CANDY JOSEPH SAMUEL LAND. JAMES FRANCIS STEWART. CHARLES TODD. INFORMATION AS TO THE COMPANY. 1. Profit required to pay preference dividend on proposed issue is £9,000. 2k Macduffs' profit for the year ended 30th June, 1937, was £15,276/15/4. 3. This profit of £15,276/15/4 was made from only fi re stores, then fully opera ting as units in the chain. 4. Preference capital is secured as net assets, excluding goodwill and preluninary expenses after deducting all liabilities amount to £300,350/17/10, making a backing of over £2 per preference share. BANKERSt SOLICITORSj NATIONAL BANK OF NEW ZEALAND LTD. HOGG & STEWAJRT, COMMERCIAL BANK OF AUSTRALIA LTD. Wellington. ATJDITOK: SECRETARY: J. L. ARCUS, . P.P.A. R. W. SNEDDON, A.R.A.N.Z. Wellington. P.O. Box 634, Wellington. jbROKERS. FRATER BROS., Auckland. s STEWART, BECKETT & CO., Christchurch. HAMILTON & BUCKLETON, Wellington. SLIGO BROS., Dunedin. Copies of the prospectus are available from any Member of a Stock Exchange affiliated tb the Stock Exchange Association of New Zealand, or the Manager of any of Macduffs or Shillings Shops. ■ .• ;
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Bibliographic details
Hawke's Bay Herald-Tribune, Volume 81, Issue 59, 2 December 1937, Page 13
Word Count
535Page 13 Advertisements Column 2 Hawke's Bay Herald-Tribune, Volume 81, Issue 59, 2 December 1937, Page 13
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