\ Sound & Profitable Investment. TARANAKI PETROLEUM PREFERENCE SHARES. Dear Sir or Madam ' 1 bug to cull your attention to the Preference Shares of the above Company as a SOUND and PROFITABLE investment, and particularly as a means of ADVANCING your own interests and those of the province. The following are a few points, stated as concisely as possible, that I trust will appeal to you:— The Company has PROVED that oil exists in PAYABLE quantities and of a quality UNSURPASSED in the world. The Company is financially SOUND, hut additional capital will largely ADD to its prosperity. By taking up its Preference Shares, which carry a preferential dividend of V/, per cent, you make it STRONG financially. Being .strong financially, you place it in the best position to make the BEST POSSIBLE TERMS with a purchaser, being INDEPENDENT. You enable it to FURTHER DEVELOP its oil deposits, and consequently to ask the utmost price possible when selling. You assist it to erect a REFINERY, and so obtain the BEST VALUE for its oil products. What doe? the erection of a Refinery mean to the District and the 'Campauy? It will enable the Company to pay DIVIDENDS and make your investment a HIGHLY PROFITABLE one. It will mean the ESTABLISHING of various INDUSTRIES. INDUSTRIES mean the employment of a LARGE amount of LABOR. The HOUSING of this labor will mean MORE EMPLOYMENT for all tradesmen, there being practically no empty houses in the town of New Plymouth. MORE LABOR will be required at the Stores to cope with the additional business. ■ MORE CAPITAL will be CIRCULATED. NEW FIRMS will spring up and the old ones will employ ADDITIONAL hands. More FARM PRODUCE will he required of all sorts, which will mean higher and MORE STABLE values for land. The oil deposits BEING AT A PORT occupy, an almost UNIQUE position, the heavy cost of PIPING from inland deposits being SAVED. The position of its properties may also give it a MONOPOLY of REFINING. The refined products can also be handled at a MINIMUM of expense, and necesgary supplies imported cheaply. FUEL for industries will be CHEAP. There will be a LARGE INCREASE of SHIPPING at the harbor. If you already HOLD SHARES, it is all the more REASON for your TAKING MORE, as the placing of all the Preference Shares will give those you already hold additional value, and the paid-up shares that are now at a discount will reach par or be at a premium. Do you want your DISTRICT TO PROGRESS? Then help the most promising of all your industries by filling in the accompanying application form and forwarding it to me, with 2s per share applied for, or to the company. You can help according to your means. Ten shares involve only a small annual outlay, as the payment is spread over nearly THREE YEARS if all the money should be called up. If onlv this f-mill number is taken up by all, the amount required would be largely OVER-SUBSCRIBED, and the preference sham would soon me at a PREMIUM. Under 7000 shares are now required, so send in your application promptly and the Refinery can he started. WALTER BEWLEY, NEW PLYMOUTH.
[Cut this out and send to me]. TO TIIK 1)1 HECTORS 01' Till! TARAXAia PETROLEUM COMPANY, LIMITED. I heroin- request you to allot me shares in the above-named Company in the proposed issue of 30,1)00 £1 preference shares, and I hereby agree to accept the same or any less number that may lie allotted to me. I enclose the Mini of .C , being the amount payable on application for the said shares at the rate of 2s per share, and I agree to pay further the sum of Is per share on allotment, and the balance at the rate of Is per share at intervals of not less than two calendar months. And I request ami authorise you to register me as the holder of the shares so allotted. (Description) WALTER BEWLEY, | SHAREBROKER, NEW PLYMOUTH.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TDN19110217.2.2.2
Bibliographic details
Ngā taipitopito pukapuka
Taranaki Daily News, Volume LIII, Issue 241, 17 February 1911, Page 1
Word count
Tapeke kupu
668Page 1 Advertisements Column 2 Taranaki Daily News, Volume LIII, Issue 241, 17 February 1911, Page 1
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Taranaki Daily News. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.