Page 10 Advertisements Column 2

Sun (Auckland), Volume IV, Issue 958, 29 April 1930, Page 10

A New Engine '’lllillillllllllilllljlllllilillllllllllllilllili _ _ _ _ 'llijljljlllllllllliilHlljlljlllliilllljiilli ll, CAPITAL, £50,000 DIVIDED INTO 50,000 SHARES OF £! EACH, of which 22,500 are now being offered to the public in two classes, “A” and “B” respectively. 7,500 A Shares to be paid for as follows : 2/6 per share on application and 1 7/6 per share on allotment. 15,000 “B” Shares to be paid for as follows: 2/6 per share on application, 2/6 per share on allotment, and the balance in calls not exceeding 2/6 per share at intervals of not less than one month. Applications will be received for parcels of not fewer than 50 shares. NOTE.—Except in regard to payment there is no difference between the two classes of shares. Both carry the same privileges as to voting, dividends, etc. Directors: GEORGE PAYKEL, Merchant, Anzac Avenue, Auckland. _ JOSEPH ARTHUR BURDETT HELLARY, Consulting Engineer, Quay St., Auckland. GEORGE CHARLES CODLIN, Company Manager, Herne Bay, Auckland. FRANCIS THOMAS INNES, Company Manager, St. Heliers Bay, Auckland. CHARLES FREDERICK BENNETT, Real Estate Agent, Queen Street, Auckland. GEORGE HODGSON, Merchant, Herne Bay, Auckland. WILLIAM GRIFFITHS, Retired, Devonport, Auckland. BANKERS: THE BANK OF AUSTRALASIA. AUDITORS: MESSRS. MORRIS, DUNCAN & GYLLIES, Chancery Chambers, O'Connell Street, Auckland. SOLICITORS: MESSRS. NEUMEGEN &. NEUMEGEN, Grey Buildings, High St., Auckland. INTERIM SECRETARY: G. W. HUTCHISON, C/o Messrs. Hutchison. Elliffe & Cameron, Premier Buildings, Durham Street East, Auckland. The Edlin Stewart Engine Juorcworiiis believed to be the greatest single step forward in the history of the Internal Combustion engine. To prove that the automobile industry to-day is waiting for just such an engine, we quote the following statements made by Mr. W. J. Davidson, Executive Secretary, General Technical Committee of the GENERAL MOTORS CORP. OF AMERICA: u Show us how to increase the thermal efficiency of the present-day gas engine,” he says in an article in the February issue of Automobile Industries, and also “ Show us how we can save some of the waste that now goes through the exhaust.” A close study of the following features of the Edlin Stewart Engine shows that it meets these two requirements more effectively than any other type of engine ever put on the market! 1. Its revolutionary design enables it to develop 20% to 50% greater horse power per unit of petrol consumed, which means that nearly half as much again is put to work, with a consequent reduction of waste power at present escaping through the exhaust ! 2. Less weight per horse-power developed. 3. Longer life, due to practically perfect balance and a “floating” crankshaft. 4. increased reliability, due to complete absen- e of springs, poppet valves, cams, timing wheel etc. Estimated Profits " hat the return from a venture of this kind will be no one is in a position to predict. But as a § u ’d° can be said that the money obtained from the sale of the manufacturing rights in the NINE countries in which patents have been granted should at least return to investors their original capital in full. Dividends at a later date will be'from Royalties (usually on a basis of 4/- per horse-power), and in this respect it need only be stated that a total production by all of the nine countries concerned of only 100 engines weekly (averaging 20 h.p.) would return to each investor dividends at the rate of 40% per annum. It only remains now to reach these markets in order to enjoy the benefits of this invention, and for that purpose this Company is being formed. Prospectuses Prospectuses (upon the terms of which application for shares will alone be received) and Forms of Application may be obtained from any Licensed Sharebroker or by posting the coupon below direct to the Company’s Interim Secretary, Mr. G. W. Hutchison, c/o Messre. Hutchison, Elliffe & Cameron, Premier Buildings, Durham Street East, Auckland. SPECIAL NOTE—Those desiring to inspect the Edlin Stewart Engine, working under load, may do so at Bagnall s Building, Anzae Avenue. To the INTERIM SECRETARY, C/o Messrs. Hutchison, Elliffe & Cameron, ! Premier Buildings, Durham St. East, ALCKLAXD. ! Please forward me copy of the New Zealand Edlin Stewart Engine Co. Ltd.’* Prospectus. Name Address