Page 1 Advertisements Column 1

Wairarapa Age, Volume XXXI, Issue 1736, 24 January 1913, Page 1

... A fe o AMUSEMENT*. •iFELBCTEICTHBATBE Hall.) THOHMON-PAVNE PICTURES T .p ORCHESTRA. mo. F-s PERMANENT PIONEER P»C Modern bupp SUW i**»fi*-^ DARITINC OF THE CJ J. DARLING OF THE C.S A MASTER AND PUPIVtuJSt* latest feature draina,_ -DAUGHTER OF A MU' •'■ Libia's plaintive "" anay's Cowttoj PATHE r Exclusive to i.-r. ISTeYE 6 VSW OP PABB JENKINS. fJS^ mBB ' 'A MIXED AFFAIR. SPOONY SAM, MO. A Programme re-pn-se: of picture, and. w " ta^ IP U TY r'~ QUALITY AND VARIETY. SATURDAY, . A MARRIAGE OF A MARRIAGE v- CONVENIENCE 3000 FEET.

A SPECIAL ANNOUNCEMENT TO OUK FRIENDS. As most peopie know, money is irery tight jfast now, and loans, even to obtain. Otherwise we could have bad our new building project well under way by this time. It now occurs to us that our numerous friends may be willing to co operate with us in this matter to mutual advantage, and submit the following for their consideration: The amount required to build and equip a first class Picture Mall would bo

£SOOO TO £6OOO Our proposition in connection with raising this amount is to float oar Mnsterton business into a , lisimea company, and to issue £SOOO to S6OOO in io per cant, preference shares in large or small lots. The ,1C per cent dividend on the preference shares would be payable out of net profits ~ To Profit and Loss Account would enly be charged the actual expense items and £260 per annum for man ag.rial fee payable to ThompsonPayne. The dividends payable on the preference shares would NOT be cuimlnatlve, but would be payable halfyearly out of profits gained during each half year If say, 5000 preference shares value £1 each were Issued to shareholders their 5500 ordinary shares to be issued to Thompson and Payne as the purchase price of the Masterton business so that on a voting basis of one vote per share Thompson and Payne would hold the balance of voting power and so conr

linue their control of the show datails which would be to the best interest!; of all concerned It Is obvious, on the fsce of It, that the issue of 5500 ordinary shares to nominal way of passin all profits after the. 10 per cent dividend on the preference shares has been paid. IN OTHER WORDS THOMPSON AND PAYNE ARE PREPARED TO WAIT FOR PROFITS AND BENEFIT UNTIL THE SHAREHOLDERS, FINDING THE CASH, HAVE HAD THEIR DIVIDENDS. In making this offer to prospective shareholders we may say that with a fine new building WE ARE CON VINCED THAT THE 10 PER CENT DIVIDEND WOULD BE AN ABSOLUTE CERTAINTY, and that we would eventually reap a satisfactory revenue for ourselves As is well known, we have spared no expense to give our patrons the latest and best productions of the cinematograph worid. We are w«II established as live'and enterprising entertainment caterers, and shareholders would have a very safe investment Our film arrangements enable us to draw upon all the leading makers for the best of their supplies and our Masterton house would have the advantage of the good film contracts we are able to obtain by virtue of our having our Napier house, as at present. The new building is to-be erected on our site next the Foresters' Hall. In erecting the best value possible would be obtained fcr our shareholders, as the electric installation would be done by our Mr Steel who is a practical electrician and whose work at Napier in instniiing the electric system at the Gaiety Theatre and at She Caiety Skating Rink elicited 'warm praise from t?ic Fire Underwrit ers' Inspector. A great saving would thus be effected. The castings for the chairs, and a*so the upholstering would be done in Masterton, and so secure the best results in the most economical way on the plan we adopted in Napier, where every item of furnishing was of focal manufacture We will now be g!ad to hear from those willing to take up shares on the lines suggostex! absve. and on receiving intimation to that effect from a sufficient number, W o will proceed to flotation and issue a prospectus.

Yours Faithfully, THOMPSON ANB PAYNE Please Address: "Thompson-Payne Picture Company, Master ton."