Page 12 Advertisements Column 2

Sun (Auckland), Volume III, Issue 643, 20 April 1929, Page 12

A UCKLAND MA YORAL ELECTION MAY 1, 1929. PUBLIC MEETINGS. H. E. VAILE Will Speak at: PONSONBY, Leys Institute—TO-NIGHT, 20th. 8 p. m AVONDALE, Town HaII—MONDAY, 22nd, 8 p m PT. CHEVALIER, Public HaII — TUES., 23rd, 8 p. m ’ PARNELL, Library — WEDNESDAY, 24th, 7.30 p. m . EPSOM, Library—WEDNESDAY, 24th, 8 p.m. KOHIMARAMA, Pictures — FßlDAY, 26th, 8 p. m . PUREWA CAMP, Y.M.C.A. — MON., 29th, 7.30 p. m . REMUERA, Library—MONDAY, 29th, 8 p.m. GREY LYNN, Library—TUESDAY, 30th, 8 p. m . A Definite Policy will be Outlined. Make VAILE Mayor

KENT’S BAKERIES LIMITED (Incorporated under " The Companies Act, 1908.") NOMINAL CAPITAL - - £50,000 acquiring as a going concern and free of all liabilities, the business of GEO. KENT & SONS, LTD. originally established fn 1872. Is offering for public subscription £35,000 OF 7*% FIRST MORTGAGE DEBENTURE STOCK. Trustees for the Debenture-holders: The Guardian Trust and Executors Coy. of N.Z., Ltd. And also offers 35,000 10% PARTICIPATING PREFERENCE SHARES. The production of the business has increased as follows: Output of loaves for an average week in each of the following months: Feb. 1921—23,701 1922 26,140 1923 29,600 1924 31,370 1925 34,069 1926—38,600 192 7—44,100 1928 47,730 1929 50,096 The net profit for the year ending 31st March, 1929, was £8,437 2s. 3d. This was three times the amount of the interest on the debenture issue of £35,000 which is secured by a first mortgage over tangible assets (exclusive of goodwill) amounting to £55,814. After allowing for debenture interest and income tax the balance was £1,185 more than the amount of a 10% dividend on the 35,000 preference shares being issued. Applications will be allotted forthwith in the order of their receipt. Copies of the prospectus may be obtained from any licensed sharebroker, or from the Company's brokers. G. STEWART CRAIG, LTD. P.O. 4 I Shortland Street, Auckland. Box 487. :: Telephone 4 I -645To the Directors KENT’S BAKERIES, DTD. C/o G. Stewart Craig, Dtd., 41 Shortland Street, Auckland. P.O. Box 487. Prospectus Wlthout obl igati°n, a copy of the Company’* Name Address