Page 22 Advertisements Column 1

NZ Truth, Issue 1194, 18 October 1928, Page 22

. , TOimililiai>iil < lUimiil < mililim».lllilmim,mH. r) .-im«.lHl.iiHniiii.iiliiinilniil.lii.l.liiiiiniiiiiiiiii iiiiiiiiiiiiiiiiii, 11111l11111l111l1l.ini. I r I ■ II JH HIIIIIMI II irII n I IIIi O II ItIII IIIIIII HI HIIW Ii It _ g^iiiuitiuititiiiiin>i]iiii]iiitiii]iipiiiiii|jiniituiii:Laiuiinjiiiniinjiiii>i^niiiiFii!iiiiiiiiiiiiiiiiiiiiiiiiiiiiiitii!iiiMiii iiiiiiiiiiuiiitiiiiiigiiiiiiiMniiiitiiHiiiiiiiiiiiiiiiiiiiiiniiiiiiiiiniiiinniiiinnitiiiiiii j NEW ZEALAND^ ||| ,: 7- PROGRESS I DEMANDS IT! ;;|| An honegi;, effort by highly responsible New Zealand business men to . ■ i'Jjj! establish' "an ■ade^Xiately capitalised Organisation, oh the principles laid down'iand^practise'd 'by English > and Scottish investment Trus.ts, which : Hif j occupx^ a highly important place m the Financial System pf those . *»H • „' ■ ■;^;!l'.--. '„ .-•;.. ••>■■; : ' -.'. .Countries. '.' ' ..-'•' ' .■ '■" ■ :'"" HI ' AiRIDGED PROSPECTUS ilj :. " -OF- | BRITISH AND DOMINION 1 INVESIpNT 'TRUST I • :UMITED.;;;\\;:i:|| ' Registered under the "Companies Act,,; 1908." ;i, •'•' ■ Dated -Bth day of October, 1928. ' jj- . Filed Bth day of October, 1928."; il I • Nominal Capital .. -.;..'/ £500,000 -, p ■■'■■. ■ ' ■"'• •'■.■■• •' '•"V- • ;'.''.; ■?'| » Subscription upon the 'following terms: — .'■■'» M 100,000 fi EACH, ARE NOW OFFERED for g Public Subscription upon the following terms:— >i' ' ' 2/- per share on Application, ■ *f | 2/- -for Share on Allotment, and i ,g-[ | the balance m Calls of 2/'- per Share at intervals of not less than *ij 1 , . . ■' ,"' ■'' .'■ "■'■ ; v ' '■■ ,? months.^ '•'.;.:■_ j| j NOTE.— 3O,OOO Shares have; been applied for m advance *5 f before the issue of the Prospectus. ; v ';) I ' - -FIRST DIRECTORS: .'. ' ' ■ >"■ l]\ I JAMtBS. FLETCHER, Chairman of Directors,' Fletcher Construction tH | ■ \ Cbmpahy, Auckland.- ' . ■ • ■v I' ERIC HOUGHTON RHODES, Civil Engineer, Auckland. :-\ •♦;■ I DOUOLAS KERR, Manufacturer, Auckland. • . 5-'f I WENDATiti A; PHILLjI^S, General Manager, J; J. Craig, Ltd., Auckland. ;|||. LEONARD jAMEfe SfTEVENS; : ; Solicitor, Auckland.. v ' , •' ' _ ' BANKERS:' • • ' '.; /. \m , ■■■ • . National Bank of New Zealand, Limited. ;s||;' >„ ''' •■ ..' ' SOLICITORS: ' , ' !.S|| 1? --' : ' - BRANDON, WARD, & HISLOP, Wellington. ' i-'ttij- L.;:J. STEVENS, Auckland. , . . \iU. : # MOOREicMOipRE, NICHOL, Dunedin. ■ ,«'j|j ..' ' : ' ; ,^£fe:* ■"■;^.....;iAiJDiTOR: .. . ■;■■■ ; ' f^ ;; Ipj - •;■; : sp''' " K^(To^e ; iappointed).' "■■;/[ ;./"'. '■^H ' ' ' ■<*£, , v S* &^GJXE^AB.YI / ■'■•■ ; ' . Vr. '■'■ ■ Jrt|"-' " ":^-: >y: . ' ;": : . J/A^ GENTLES, ..' " . fyil : Messrs. Gilflllah & Gentles, National Bank Buildings, Auckland. *7|| ••' REGISTERED OFFICE: " .. "..ill- 23, National Bank Buildings, Auckland. i'i'ii' ■"■■■ ;• NO PROMbTERS' SHARES. v|| No. consideration. bfc any- kind has been> given or promised to anj's|l one in,! connection with the promotion of the Company, a brokerage of 'si! 2^ per cent, only ift payable for procuring subscription for shares. In ;"|| fabt, the establishment charges .of the Trust will be smaller, than those ji | of any Puiblic Cbmpahy established m New Zealand m recent years. Iv||-. ' ' '.■[■'■"" '; . GEfljEß^ OBJECTS. . ''' ). ; ]i | The Objects of- Jhe. : Company are:-— .,.'■■ : . ,'..->.[..■ V§ I 1. To .carry on the .ueuaj ;b.uJ9ines.B of. an Investment Trust Commi •..;'. l/ pany, aimihg at bbtainirig a'hfgher return on the capital emill • ployed than is open with safety to the individual investor, ** [' ' ' and also having special regai-d to certain principles of invest-. ['it • merit which are well recognised, but have as, yet not been £* . generally acted on m New Zealand.. 'J3 , S. To underwrite the share capital : (in whole or m part) of a 5* Company about to be formed. .. , 1? 8. To make advances, on approved securities. . ?*lg 4. To acquire approved securities at discount, and or on terms that, approved guarantees shall be held by the Company as ■ ; ,-'•' .■ collateral;''. ,■ . ;■•.:'::■■.■" ". \ ■•', ■■■/'■< ' ■/■ ,y • -.- .■■■ •■•i*|| ff. Tp>, underwrite Debenture and Stock Issues of established ■ .v|| ,- : v .. ;, .''businesses/ „-.., .; . ■ .. . . : ': .-,.■. : ■_ ' ' .•■ 5 j|l • «. To act as Trustee for Debenture Holders. ', ■^Ji ■- The fundamental principle .upon which such a Trust operates is Jill the spreading of investment risks over a wide field <by distributing the I.*l| greater prop.Qr'tion of ,bbth ; .ita- 'subscribed and borrOTved capital m a «*ii. considerable number of 'carefully selected Investments. • ;:|l This is similar to the principle underlying all insurance. f;|f Investment Trusts give the small Investor most of N the privileges ; N»s| | enjoyed by the ,ifaan with, large Investment Capital* but it is not. to U|| -the small Investor alone that/the Investment Trust i should, appeal — -'i!i| Financial Trusts ;bave 'facilities for investigation •which is often denied ?'|i" the private Irive&tbr. >VFew, Iriyeßtors could s affois the, time for such jiff: inquiries,* even. If:;tl\ey : hadj sijnailar avenues available. Therefore a J*J| Reading feature of investment Trust Companies is tliat the Sharehold«j|| iprs' Capital immediately becomes dividend producing. Unlike Com- ...* fg l ''"merclal Concerns, there are n6 stocks to deteriorate or drop m value, s^ ll no Labour Troubles, arid the entire Capital of the Company is working ' 111.. for the, . Shareholders every^ day of the year. ,' ,'.'■- .* ill •F a r ; ( too many people eitlier ; deprive themselves of a reasoriable ;;;|1 return by . seeking safety;- only; or 'needlessly risk their capital m ■' U lf hazardous and fortuitous investment. ' • • i.»l? ■ Cdncr'etQ evidence, exists,. that m England and Scotland — the Home ■>«|| of Investment Trusts^-many choose to follow trained;' leaders' rather 'iill thait.depejid; on, their b.wn; judgment. ,■, .. . . .;. r V I'til' Trust Companies have great. advantages over the ordinary Investor Mill --they do a cbrisiderable business m underwriting new Issues, and Jill thereby either increase their 'revenue or get'at;the underwriting price J?ll Securtties f which; they wish to hold. Many of theSbest things are offered iftli privately to the Irivestment Trust before they are put on the market. y(«53 .-.-•.■ .".-v.^V! ■ .v; ■■■■.■■ .■::-- ■■■■•-• ■•■ « .-.- ,■■■■■■ . .•' • •• • ■ „-.'.■ 411 To those rwhb have hitherto deprived themselves of a reason'tcll :.sSi^'^s*& V6n^hfeir capital, the merits of a well-conducted )tlf inVe'stihent" Trust should appeal. ii'il .;. Applications wil} only.be received on the footing of the full Pros-JJ-II pectus and on the . Fbrrn issued therewith. : ": .. ' , jjll Prospectus, .'.Full Information, and Form of Application for Shares ' 2*!f mayjipe pbtaifted from L / , . ; i|l| THE NEW ZEALAND UNDERWRITING AND DEVELOPMENT ' $ll CORPORATION, LIMITED; *'311. Grbuhd Floor, Premier Buildings, Durham Street, Auckland. y^ii > Hmtchißon» Elliff©, & Cameron, Auckland Representatives. . % I THE NEW ZEALAND UNDERWRITING AND ||| DEVELOPMENT t CORPORATION r LIMITED, *£ |- l Ground Floor, P'rwniftr Buildings, Durham Street, Auckland. mZ a . ', .' Please^ send Vine, without obligation, Prospectus, Full In- « v S l formatibn"and- Form of Appllcatibri for Shares.-'"' - ' . \ ' ♦»| | Name- '„;.....,.,..'.... 1^.V.. ..;...... .v. ;.....;'....,.'......; ||; I' ' Jliadress .... v..w^ v . ...,.-. .............. ... ......,..;...... ' : \ . ji-|| h-,w.^i ••• • • ' ''•■'?"* k > • i •"•■' .. .^. .................... mum, „ jjj"!!!il!!!"!!!ll!i!!"l!i!ij!!i!!!Z '■■ •JiiiiiriiriiiiiitiiriurihiMtiiFniiiittintiiiiMVirtiiitiiiiiiiiitnfiiiiiiiiiiMiiiiiiiiiiiuiittjtuitiiuiiiu tiiiiiiiiiiitiiKiViiiiiiifiiiiutiiMiiiiiiMiiiiiiMiiiiiiiiiititiuiiiiMti ■li.^Ni^:NEwi;FLAf; : . spring f I!; ■■'■:-■ - RABPT 1 . TRAP'S:' :>> «• Ij. .'. U 928 MODEL) ■'♦»' =■%•'.■• •'. , .' •'■ '■•■:■•■' - ■•■'■■ "' • ■■■'•.•■■• ". ■.■■■;. ,'■;.■■ 'i? IJ'. ' '." ■ ' " -•■ '" ,«««""«u« S( . : '' " ■ ' ' i. '■ . ■ .• • „ f' ■ I "•"'-'• The 'trap 'illustrated, atfbve is -easily the most effective on the '• I" market and is expressly -designed to meet the 1 need m districts Where ' l^.the flat spring trap is required. ; .;«.■ , V. §i; Fitted vyith 3 RUST PROOF spring, it is supplied with a steel y f - |«:fi>cirig peg complete, (t also f embodies a new, patent spring link wjiich i '■•ii Iprevents" 'Megglhg' of rabbits. . .' . \ v <l It Each spring, is subjected to a 12 hours' compression test and a ?' 1- ri^id inspection of the material is made throughout each stage, during '► b?, 'manufacture.. • • „ ' '■-- :■',".■ ■ ■ "'.-'. ■. . ' ■' •. ■ ■ . ■'.. f' i; •', Ask your storekeeper about them.. Mf unable to supply, write ■JJ-: l|-4irect\to:-^- ..'■— " ' /' .'.■■;: ' )■' -r : _ ', . ' ...^ ." '.. ■. ;. .. .. ... / '' : : \ 1! | BRiSCOE & GO., LTD. J I?'. I?: AUCKLAND, WELLINGTON, CHRISTCHURCH, TIMARU, 1 ■\l |>i. :.u-"-'--y?--:; ; '■ .' DUNEDIN, INVERCARGILL. •',;;■ ,; ; . ; ';;;/'' ;; \