gtbucrfiscmtnts. ■ >-' PROSPECTUS OP. the' OUNT IDA PASTOKAL . INVESTMENT COMPANY To bo Incorporated, with, limited -liability, ( under the t Joint Stock, Companies Act, .'-.IBGO. ,',...,, , tl ~ , , ■ ' CAPITAL .. [..-. '. In Six .Thousand Shares of Ton Pounds each. Deposit of £l' Per Share on Application, and £1 per Share •on Allocation..- Balance (at intervals) of £2 per share on ' ono one month's notice, if required. Pbotisional Dibectohb : Walter Indor Win. Newman' Jamcj Thomson . David Barron 'George Oliver E. T. George Thomas Jackson Bankers: The Bank of New South Wales. Interim Secretary: E. T. Goorge.
'TIio .Promoters consider the interests in this district in which small capitalists can invest arc very few, and arc satisfied that, as a safe and profitable investment, there could be none better than that of Station Property, cs ■ pocially in this district, so eminently adapted for the growth of wool and tho rearing and fattening of sheep—which, on account of the character of the soil, and the natural dryness of tho climate, is not suited for agriculture ; and, in consequence; will ever remain a pastoral one.
It is further very satisfactory to know, that a number of people who are connected with station property arc desirous of investing in shares jn this company. Tho success • -attending similarly existing Companies in Otugo—tho shareholders of which are principally absentees —is well known, and from this it may be conjectured how much more successful such investments must ho when the shareholders are resident in the Colony, with Local Directors to superintend and watch over the interests of the Company. From careful enquiries made the Promoters have rcison to believe that, a station judiciously, purchased, and efficiently and economi-' cally managed will yield from 17 to 25 per cent, on capital invested, and the Directors will take especial caro thnt. it shall be ably and economically managed : That, f hough wool may not maintain its present, price, it will not fall much in value for years to come ; and/ in consequence of the great incm-iso of population now talung place all over tho Colony, sheep, instead of decreasing, are certain to increase considerably in value. In the event of tho Company purchasing one or more Stations, tho Promoters arc of opinion that it would bo desirable, to pny c.iah if pnssiblo, and thus obviate the necessi! y of paying interest on Bills. By this means the Shareholders would receive tho full bencJit of their outlay.
APPLICATIONS FOR SHAKES; yfilLbo received by the Interim ■';■ SecretaryJw his office, TSam-street r Saturday igfchjApril/18?3.\
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Mount Ida Chronicle, Volume V, Issue 259, 20 February 1874, Page 4
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415Page 4 Advertisements Column 1 Mount Ida Chronicle, Volume V, Issue 259, 20 February 1874, Page 4
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