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vuvr pvr FOLKS FE«!
,M noonie dUike the idta of gettins fat. because
it » ÄK w«i ?«»«« «. "i a "ul8?ncc i;
¡l ^r ,n,3,h size But Uicre IB a much more
hut the cudonco of something; vvToni: 11 lluro, mid
J not clucked boo« results in pressure on organs re
liri"ton o' tie expansile territory- 0 the limiy. nm
, 5T_VÍ orear», and positive phjslcul proof that
I ?Ä -Akin. PrUly, rid 0. bodily poison,.
..Kormcttcs" yylH surely and easily euro litmus
v.ihmit exrrcUrft or dieting- TV} nctuallv ¡11
cVtïT tie ïppïtitc, »hil« lcsseniLB ti« »eight
M, tone up the vstem to quite a rtnnrk-ihlo ox
.tent, and make you feet as ivill as look ye-irs
1 «mmr-r They remoic the tit evenly and without
«m exertion on your part, and ney cr leave so much
li, « yvrnkle bihlnd "I orniiltes" an pli isint
I?, rlnl little tablets that 111 ad litlon to rimming
ii,, fat ure .. splendid remedí for such coi pulen« y I
rôfiplaints r pilpitatlon ol the heir!, bhortni , of
*.- ath mc'ipMion, dispepsia, sick liciuatue nrirt
Hun 'and all othc- iiiltnmts resulting fioin i\c s«
(at ' "rcrnicttc-.' are sold lu all clumi'U au 1
must stores »t 5/1 per carton Anthony Hordern and
..us Washington Soul, Tattinwui Hroi chemists.
Wholesale Uliott nros or direct from S It Ucitslutll,
chemist, S16 Clarcndon-sttcet, South Melbourne -Advt.
10,000 N
For SYDNEY and MELBOURNE
Timber Value
- £12,757,500.
ABRIDGED PROSPECTUS OF THE
(TO BE INCORPORATED IN NEW SOUTH WILES BY VIRTUE Or THE COMPANIES ACTS, 1899-1907J
? - - ? £2,500,000, Divided Into 2,000,000 Shares of £1 eal
1,760,000 Shares arc offered for Public Subscription, payable as to Two Shillings and OK
pence (2/6) on application, and Two Shillings and Sixpence on allotment balare
as required, in calls of Two Shillings and Sixpence (2/6) at intervals oC two monjs.
240,000 Shares, fully paid up to _1, shall be paid the Vendor, in part payment of the
chase.
500,000 Shares are hold in reserve for future issue, if necessary.
2,500,000
The Company may proceed to allotment when 75,000 Shares are applied fox.
_To middlemen's commissions are payable.
The Company will recognise the usual Broker's allowance to recognised member
the Australasian and New Zealand Stock Exchanges.
Directors.
C. _L_.C. McLEOD, Company Manager, Sydney and Melbourne.
HENRY JOYCE, Esq., Engineer and Timber Expert, Fern Gully, Faulconbridge, N.S.W.
A Third Director will be nominated by shareholders.
Secretary and Temporary Office, J. L. IIARCUS, Certificated Accountant,
107 Vickery's Chambras, 82 Pitt-street, Sydney.
Assistant Secretary, MONTAGUE HARVEY.*
AUCHl-ECTS
AUDITORS Messrs WOODFORD und GRAHAM, BANKERS
lo be elected by SunrehoMers. Stanway Cbambois, Pitt street, City Bank of Sydney, Pittstrei
Sjdiiej Sydney.
Of
.W,
Objects of the Company.
The Company is being formed for the purpose of claiming timber for the manufacture of Houses on a wholesale scale in the metropolitan areas of
Melbourne and Sydney, and other centres, as opportunity permits, to acquire certain valuable timber areas (consisting of 500 acres secure, 1000 acres reserve) - 1000
acres at Faulconbridge, New South Wales, 5500 acres in Queensland, and 4273 acres in New Zealand, and option of purchase over 1,500 000,000 superficial feet of
good commercial timber in New Zealand, to acquire 2 acres or thereabouts at Blackwattle Bay, for erection of factories, timber yard, etc, to manufacture Furni-
ture, Joinery, Turnery, Cement Blocks, Metal and Fibrous Plaster, Internal Fittings, Electrical Energy), etc , and acquire from time to time Land for investment
or otherwise, and as opportunity offers acquire Quarry areas, Lime Depots, etc. etc
The purchase price is £300,000, payable as to £240,000 in fully-paid-up shares and £60,000 cash.
It is difficult to mention the numerous opportunities offering in a proposition such is the one under review The "Sydney Morning Herald" of the
17th inst in a lending article, practically speaking, acknowledges the necessity for an undertaking identical to the Company's Referring, to statements made
by a deputation to the Honourable the Premier of New South Wales, the "Herald" observes that "We have in past years been content to muddle along until we
find Sydney one of the worst housed cities in the world. The demand for housing accommodation even of the most primitive type is so much greater than supply
that rents are forced up in obedience to economic law, which affects the bartering of all commodities. If there were sufficient houses of a satisfactory character
the people to live in, not much would, we think, be heard about high rents. There is undoubtedly an immediate need fir the provision of mhe bou_
dwelling of all kinds for the people in Sudney, and espccially for members of the artisan class Uut it lain our new far more important thut the diernment
should look ahead and endeavour to prevent the present dlfilcully being intensified a hundredfold in the coining period' Tint the ditllcult} requires brtratiün
from becoming intensified a hundredfold is taken from lhe fact, 1 p-csiunc, th it the "llcnld" has knowledge tliat there are 3bout tiulvc huudredlpeoplt ar
rtving fiotn oicrseas ivery week, and of this number there ire about "0 per cint home seekers Melbourne is len much in need of I wrj ¡.mt nirniberoi iheapeT
homes hut taking into considention the fact that Sjilti' v houses mure people to the acre than Melbourne, Adehidi, and lir-banc combine 1 the /pporuimtr
offered to start operitions in bjdnoj lmmcdhtelv is quite evident and fulli Justified from the Company's point of ric« Io applj the s une term a the com
pin,v as tint the Honourable the Treasurer of Ivcw South Wales In« been Miicious enough to suggest, the Companj would insteid if hiving the iitliof Mutual
investment and Provident Compani, Limited, baie that of ' Public Benefactors ' What is commonly known as a Residential Hat" in ¡sjthnv con ists J one room
willi perhaps the c\clu_vp use to an upologj for a kitchen, or the i»o of tho hou ehold I lichen \ flat' of this description nvoiaees i icntid bpt»co<15/ a i _
wccklj. aim it rirclv occurs thnt they »re vacant for nnj period It is medleys to surest that the chinitie aduptnbilitj and cheifnoss of tin I jc_ eieclnf
b\ the Coiupinv will create n picft renee It is not i question of profèrent c It is i ca->e , f ii hulutc conq ulsiou Pake tor instance tie new wharf coriatlucted li) the
Harbour Trust it Woolloomooloo Uij It mai ronlldcntf, be ncceptid 1» the inhibitants of that quarter as in advance notice to quit their diiclliw to mil
room lor industriil c\pnnsion Thin again, im oectincnie nt -itivvilii where two hmi<-is win conn leted reicK for oecupitiou thor Uipp u d loft« no fever
than sit limidrcd applicants lhe Honourable the Clnmrnn of the Melbourne Trutes hill Council Commission reports that a schedule of re/ts tint bl
been pnpared showed on the average ni the industrial siibiubs tkat rent» had mcrcised 24 JJ pir cnt flic endeavour of the Company will le to reduce rniul
ind pur haso prices of homes, onlv allowing n fair pcrccntsge on the capitil outlij lhe principal objection to wooden houses h ia its origin from leatl erlnurds.
Lui the ela-, of dwelling the Coinpam intends to erect ure altogether different lhere will be a patent non porous Concrete »lóele if>d very ennisbtlv,
whiih will be almost identical to a solid stone building", lind will bo like stone in even nature but with more perfect ventilation Ilepreciation on be cal
iiilatcd at n pciccutsgo in fivour of the Company's houses for this reison thnt vvhcrias a brick dwelling as at prcsmt constructed willi extreme feonoiu) m«
depieciJtc at a very rapid rate, the concrete block houses »ill remain at prevailing marl et v lines The average life can be put down al Sa per ccT looser than
brick j
THE NON-POROUS CONCRETE BLOCKS. ' /
Until ten *car*> fiso the hollo«* Concrete Bloc, for building purposes v»is practical ty unknown» but ita rapil pt-ogrc« in riislan_ ind ^mirica, with sucM
excellent rtsnlt" hub ni «le tlif-C interested in the building- inul- ot Murrain br^tír tbrmKihci m as not to be Muwl the profrrec_ oí tin* truie /
_m_ of the principal questions in the cost of building» »ml bure wo Imc til- \_n best o/ resulta, being dicipcr thin I rkkuork to thi cxtentiof about *0 pet
cent , and under tho prt-Ci t prices oí timbet no moro thtm i w.odeu bau«-, with the _(lvjnitagp3 of being dn, rool it« summer, mid ujrm in winter/witli all the ar-
tistic dcsiçns of a moulded btone bmldim? lhe ince trcntntents \urv \tr> much indeed flit blocls can U. moulded in all tli_ forms to wbuli Kp»e is tut from
dre'-hcd fatone to quarry /aeed, and m all their treatments gne ptrfctt result» /
The«. c_n be no question of the looting qualities of concret-, puiticnUrh the concrete to be u_cd bv the compin\, for cement has the wond rful/prop rtj of ncrer
lia.Mii[. tínished betting: und hardening It bus the further advantage of being practicallv indestructible b> tire, ulikh uns proved in the tembV tin jt Carhfa,
India 1
Hie Concrete to be used will be distinct from thnt which is conmonly known The trouble with Concrete Rcnerallv is th it too much pap is used m pre
pftrntion, whit.li contains a pcreent_gc of salt, which 1 _rishes the ccmuit, und renders the concrete ibeorbent, but no Bind will be used by the Complu and the block!
will be _bcolutdy non absorbent
REPORTS ON TIMBER.
Honoris made bj Wm r Ivnllam I 6<t, Tlmhw Expert, and John
j's I auleonhrirlge properiv, are JI lilaWe for inspection at the Tee
S Mian fi.ii, lite Inspector in the Forestn Department of New 'oulh Wile
Tcuiporurj Olllcc of the Coni[ianv i he min
titi
the Com«
ii pioMinuelv j 1100 Wo tupcrflri
NEW ZEAIAIiD AREAS.
l-STIVATC 0\" «Ti ACUI S, B\ Ml! HL \CW, IIMBrK ] \1'1 I r
Bj the purchase of the New Zealand Timber Vreas, the Conipjuy aie able to pioiluce the iquivahnt, billi a= ligar N pnre nnl qinlitv /of all timbt' mt>
Uoned m a trade cttilogm lhe quantltj as estimated bj Mr Blnek contained in the im of 4- t ncics ii SUOiwooll wiperfleial feet.
l,_n,OUOO00 (ONI- BILUON I It U I1UNDIÜD MILf ION «Lf I KMOIA- I 1 FT Of ilHIIll )
It ia proposed to purchase i huge undertaking m New Zealand, which 15 unilei offer eontalmng one bllliun live titimtrcd million lupcrflciaj fort of çood com
mcaial timber, valued at appronunutclj _0,J"i,tW. Tins purchase will keep tho Companv ¡> pi mt In full opiratiou for Jl venrs or 1
THE aUEENSLAND AREA,
RRX) Anira LsiiMAJL, in MU JOÍII iijmni _\prnT
V splendid area of aOO acres will be handid to the Cunipanv tree of cost, which is i>tron|,]y recommended lu the Companv -, pernnnciitl hrcctor ibu arra
conlaius 10fl,ÜU0,0OU superficial felt of good couimcrcial tiniLcr I
TRADE IN TIMBEB
The trade offering for timbir in Australia alono in, to sav the least enormous, and the ilemind is invariabli in evee-s of the "npplr ¡Timler Imported into
VuBtralia for 1010 (latest available figures) waa valued at Xl.Tal D01 and t is quill ft r, after illtivmg foi that reclaimed to sav thar thf. ctionnoii! total cab*
represent« iliout n0 per cent of that used Apart from this extensive market, Hie Companj will le cilled upon to cope with an unlimited demand in New /calana
Totara of which there is a plentiful supplj contained in the Companv a propertus is virj íarelv evpoitiil as the demand In New /elland is lo great ltlrau Maul,
and White Pine are also in ¿real demand There would be absolutely no difficult 1 as regards the disposal at a good profit of all limber cut tv the Company
FÏÏRNITURE.
The Turniture Factory will be the mean« of utllislrg all material capable of culling Half an inch square, thus lhere would not be ¡j particle of __,
PROPERTY FROM VENDOR TO THE COMPANY. [
Snpir 1 ret of limber
' .1 iXVJ 000
ino OJO ow)
1,500 \cres of Land, ntnntc at I aulconbridge containing
ii,MO Acres of Land situate in queensland, containing
\acrea of land, situate ni New Zealand con liming
About i Acres of Land, situate at Blackwattle Bav, for limber }ard, etc , Option of
purcnasiug in New /calami
Aacage 11,275
Total value of Timber
Approxunatc value of Lind
Quantity of Timber
Total
MJ (MO W0
"l_S70,_i0 0 0
manufac
. 1 of Vodd
ii hole 1 rope al naJ
It haa stree been learnt bv the promoter that a powerful combination known as the Los Ingcles Investment Conipmy have to an e\tent boen carrjios *
business timilar and analogous to the Mutual Inv istment and Provident Companv s pi ope «al \n idei us to the iniiiietisitv of this comp/im s o[ (rations maj lia
gathered from the fact that it ia the lirgest Home building combination in the world, and a 1 alance sheet lssmd m Dcctmbcr, lilli shovu 1 IIIL iota! re-
sources to be 7,l~",J10 32 dollars Of this sum there was 11 balance due on homes sold on the instalment sjitem and on inoit"agi , kerns etc amounting t0
"23071 21 dollars Jhe e\ttaordinatj success the Los Angeles Companj his achieved is nttiMed to bj ihc fiet uni it has been He inspiration of numerous
imitators in the field, all wolking for home building development dont similar liius Although the promoter ol this companv had no priuous knowledge ol aej
lomhination such ns ihe Los Angeles Companj, it is ven gratlfjing to 1 now of «uc)i 1 oueeiss \s this compunj »ill manufncUic even inicie necessary
und requisite to complete the most modem home and considering the scope of this eompmj is greater li fir than even the los \ngili'- Comianv there is 110
rejson why the profits should no be corrispoudlngly large, and lhe companv s sucei'v, far before inj other There is substantiil reason 'or the conviction tnat um
tinpinlleleil r-neei of progress and prospenty enjojed bj \ustralia will rontinui ibis venture itlords 111 excellent opportumtv to inosc who de tre lo further tilt
best interests of the counirj, by encouraging the hlghlj commendable idia of crcatiu" . Mo Iel Suburbs to aid eltv devc opinent anti tor all die. is to imc t ia
11 thorouc,hIj sound and pnidcnt ¡meatmen., which is umiuestioiublj usMircd of verv greit success As iveij csscntiul requncd to complete l«nh furnlilims and
liuilding the most modem residences for both rich ind poor will be produced from the crude material at an e\cepuonallv small eo.it lhe enmiiiij will Is; '" a
position bj reason of ihe enormous profits to be made, to regulate dividends accordinglj Then i*. not the slighted doubt is to vvluthet the eoniiaiivs slit^
will command u phenomenal market value which would Imnieiliatelv be justified bv the declaration if dividends which m feel coiiüdint will aggregate aajtnjii
over 10 per cent on the conipanj'a Rtib»cribed eipitul The question has bien raised as to the adiifttbilitv of conibuu ig so mmj different trade, tin i*T»
into consideration that the intention is to deal ou 1 vvholcoile basis this quistion does 1101 applv flieie are several rea ons whj tbe e mbinjtion is sb=oiaiiiJ
isscntial to success, mid one particular instance justifies ine 111 combining that which I hive lo build th se bonus at buch it ripid rjte it is neeessnrv tail *
large number of workmen should be cinplojcd, mid should iel 111 nee be plirod on brick ind umlier meiehmts for prompt dellvcrv of 1.001I3 the vvlvrli orginisatT
would be proiupllj crippled Undei the sj"-tem to be introduced, there ve ill be no neee-itj for one worl nnn to oierlup another alsi will tie nceessitj ,or
skilled liboui he brought to a minimum All material will he on the r-eeni of operitions 111 advance of the workmen, and the whole will be < re nu*"*i JS j pi^e
of macluneiv with all methods conducive to effcctuil ¡uni economii worl 111 g lhe influence directing the promolei to comillie idl bun his is innunlj »
eater for nil classes of the cominunltv Hie immense opportunities offered the lombina ion which nccc« snlj means ihcap production in verv evident «1 lIJ
ftral, it removes the middleman or commission ai,ciit, thus effecting a >-_,iiig of anvtlmu between 10 am) 10(1 pel cent then tim would not lie 1 pimple o'
waste as the furniture factor} would absorb cverj piece of timber capikl of cutting half au inch Kuiaro The inanufuiture of all internal flttnigs
siderablj save inoiiev Hie timber trade will be entered for in reuoiuble rates furniture will be supplied it a verj low late and liol u
lured from our own workshops hi thousands Dacevville, it is believed will cost iiOOOOO îor ihe election of some SOO hou.es hut un lei this <
huburb making, there will ho about sK Uacej-villes in much Jess time, aOOO ol more homes will be erected 111 fewlnei lmmcdutelv
be easily arrived at from ilic lollowing - v
1. To lcclmiu tiuibor fiom tltp virgin forest Cor tbe Mnnnfdctnrc of ttome«!
J Munuf.tcLuio Concieto Blocks ot tbc 1 ttost rjpe
.5 lleco\ei\ and piopaintion of Lime and Cemuil.
H Qunuv nicas, and piopare/stone for innuufacturo ol nonpoious, (.onciote
b Mainiiucttno Mantel», Joineij, 1 uinitu.o, rnUn_s, rilnoiis I'lustii, ifodi st ta'ping, ind anvthniK connccteiUnt
the building of Uomeh
7 To ci tor foi the Timber Ti tide
i> Land for Inxcstraent or otheiwise.
' To manufacture Homes bv tbe thou1! uni and m inuinctuir cvoij iittcle nece&sniy, from foundations to roof.
PRIVILEGES TO SHAREHOLDERS.
Holders of £10 worth or moro shares in the Companj will have preference to the Companj s \illa Residences, and b» entitled to a concession win- wB
bung the deposit equal to 5 per cent of (ho purchase
C0-TTRACTS
The onlj contract affecting the Company is one dated ¡3rd daj of ¡september, 1012, between C ifcLcod, ol the one part, and J L Harcus, Accountant,
»5 Trustee for the Companj of the other part
The Registered Ofllce of the Companj will be Ir Svdnev New South Wales.
The Companj will pin costs of flotations, but there are no middlemen s commissions payable
Countrj cheques should odd exchange . ,
lhe 1,endors agree to retain the management and at lca»t 23 per cent of their fullv paid up shares fo- 1 period of at least 10 vean. Mo uivioi"" _
payable for the first vcar oil the \endors' shjrcs unie-, 1 dhu! nd of 5 per cent ir more is deiiired on the paid up capital
APPLICATIONS TOR SHARES.
Applications for Shares should be made on tile form aceonipanj iug this prospectus, and fent to the Companv s Offices or Bankers together with a remit^
; ot the s ' ' "
Should ..._ _.- .
for, the balance of the deposit will be credited towirds the remaining pavmcnl»
Applications for _1U worth or more shares will receive conJdcralion
The Directors reseñe the right to reject am applieatioi
I allure to pay any future instalment on share» allotted when due will render previous pavments liable to forfeiture
POEM OF APPLICATION FOR SHARES.
MUTUAL INVESTMENT AND PROVIDENT COMPANY, IIMITDD.
Payable: 2/6 on application, 2/6 on allotment, balance in calls of 2,C, at intervals of two months.
To the
MUTUAL, INVESTMENT AND PIIO VIDENT COMPANY, LIMITED.
I herewith enclose the sura of _., being deposit of two shilling* und sixpence per share on . shares In the Company, and I rea,"«' íí^tcd
»Hot me that number of shares upon the terms of tin. Camp-iny's prospecius; anil I hoi el» agree to accept tho same or any smaller number that may w '?"> ^
to me, and to pay the balance ot seventeen Shillings and sixpence per thnre. as provided by the ¡.aid nrosfcctuv, oiid 1 authorise you to register me as the Boin»
the said share or shares.
DATED THIS .'.. day of . W12.
NAME IS FULL .
(Slate Mr., Airs., or Miss.)
ADDRESS. e
OCCUPATION ..'."
USUAL SIGN-TUBE .,.,."_-.