Page 3 Advertisements Column 1

NZ Truth, Issue 1196, 1 November 1928, Page 3

He'd rather miss his beer— than mLs his Kruschen ! i * ■ ■ ■ •» R ad thb " It is with great pleasure I am writing to let you know Letter I am a r^ar daily dose Kruschen Salts member and ~*»-^ I have taken same for years. t^-fiJ^L / have been a Tram Driver and Omnibus Driver since wOL^S 1894, and lam pleased to say never had a day's illness m \^jy thirty -three years, and out m all weather, snow, rain and blow I am a blood transfusion volunteer at the Middlesex Hospital. When I have run out of Kruschen Salts I have gone without my beer if I have been short of cash so as to get another bottle of Kruschen. Kruschen often puts the l Kruschen Feeling ' m me at 3.30 a.m. and 4.30 a.m. m the morning when I am on duty. 4lidyou are at liberty to advertise my note t if you wish." W. H. G., Greenwich. Original lettter on file (or iiupe^ion. Good Health for a Farthing a Day. From Chemist and Store at 2/6 per bottle

Dated the Fifteenth Day of October, 1928. ABRIDGED PROSPECTUS. Filed r»ith the Registrar of Companies at Auckland. :.- _

The FIJIAN PINEAPPLE COMPANY LIMITED

(Incorporated m New Zealand) Capital £,100,000 Divided into 100,00) Shares of £1 each, of which 76, 00 Shares are classed as Ordinary Shares, and 24,000 are Deferred Shares OFFERS FQH SUBSCRIPTION 40,000 Ordinary Shares of £1 each Prior to the issue of this Prospectus, applications have been received for approximately 7500 ordinary shares. The Directors reserve the right to is3ue a further 10,000 ordinary shares on the terms of this Prospectus. ,26,000 ordinary shares are held m reserve unissued. 24,000 shares are classed as deferred shares, and shall not be entitled to - receive any dividend m any year until a dividend of 10 per cent, shall have been paid for that year on the ordinary shares now being issued. In each year, when a dividend of 10 per cent, shall have been paid on the ordinary capital, the deferred shares shall receive a dividend at the same rate, after payment of which the remaining divisible profits 3halr be divided pro rata upon all the issued capital. If una when a dividend of {it leasit 10 per cent, per annum shall have been paid for one year on all the capital for the time being paid up on the ordinary and the deferred shares, the deferred shares shall thereupon become and for all purposes be deemed to be ordinary shares. ' Of the deferred -shares; 21,257 have been issued ns fully paid to the share-holdet-3 of Fijian Pineapple Plantations, Ltd.; m exchange for its whole ißr sued capital and its assets and undertaking. A further 1950 m,ay be issued as hereinafter appearing. The Company's dividends will be paid on its paid-up capital for the time being. No better proof of the belief of the founders of the Company m its prospects could be afforded than the facts that they are receiving no cash payment, and that' they will receive no dividend until 10 per cent, is paid, on the new capital. ■ < - " ' Directors: The following are the Provisional Directors of the Company, their offices being held until the Statutory Meeting, when permanent Directors will be elected. ■'...■• NATHAN ALFRED NATHAN, of Auckland, Merchant (Chairman of Directors of L.D. Nathan & Co., Ltd.) DAVID LAURENCE NATHAN, of Auckland, Merchant (Director of L. D. Nathan & Co., Ltd.) BRIAN LIFFORD HEWITT, of Auckland, Commander R.N. (Retired). . ERNEST DAVIS," of Auckland, Merchant (Director of Hancock & Co., Ltd.) GODFREY GARRICK, of Suva, Planter. . " Bankers: THE BANK OF NEW ZEALAND. Solicitors: ' . EARL.,. KENT, MASSEY & NORTHCROFT, Swanson Street, Auckland. Interim Secretary: A. Li. PIKE (F.P.A.N.Z.), Public Accountant, 508 New Zealand Insurance . Buildings, Queen Street, Auckland. Auditors: GORRIE & BISS, Victoria Arcade, Queen Street, Auckland. THE OBJECTS OF THE COMPANY. The present Company is being formed for the purpose of acquiring the whole of the assets of Fijian Pineapple Plantations, Ltd., to continue its undertaking, and to develop on a large scale the industry of canning pineapples m the Fijian Islands. The practical nature of the Company's programme has been proved •by a long process of investigation and preliminary work, and by the successful marketing of some 8000 cases of canned pineapples during the last 2 years. . THE SIZE AND PROSPECTS OF THE INDUSTRY. Since little has been published m New Zealand concerning the pineapple industry, its magnitude and immense profits are practically unknown to the local public. . , It is now the second industry of the Hawaiian Islands ahd one of the three main industries of the Pacific. Only the production of sugar, and ' possibly that of copra, exceeds it m value. . * From 1903 to 1926 the annual production, m" those Islands rose from 2000 cases to nearly 9,000,000. In -1921 the value of the output was «£ 7,560,000 sterling. .. . ' . New Zealand, Canada, England and the Continent of Europe are all largely undeveloped customers. The principal Hawaiian company disclosed more than £3,000,000 net profit m a period of 14 years, or an average of £210,000 per aoinum. Since 1923 its annual dividend' and ' bonus payments haveobeon approximately £230,000 sterling. Yet its output is hardly more than. one-third of the total annual production m the group. . : - • ¥ THE INDUSTRY IN FIJI. In recent years, the founders of Fijian Pineapple Plantations, Ltd., contemplated • the development of the industry m Fiji upon lines as extensive as those of the Hawaiian companies. The latter firms commenced business upon practically nothing, and with no experience. It was thought desirable to lay a foundation m Fiji before entering on large scheme 3. Hence, for a number of years pineapple production has been studied from every aspect, and it is believed that the most successful conditions for growing, canning, and exportation have been discovered. In the -last two years actual marketing of 'the canned product m New Zealand, Canada, England, and to the Union S.S. Co., Ltd., has proved it to be, if anything, superior to the Hawaiian article. Tt should be noted that the pineapple is not indigenous to Hawaii.