P~-iJui-~- rail élafinaiwi, ' if ,

» ~ . . . .

V-4

> ks, I ` H it , ‘ ’ i !

1; _ ._ 3: if ~ _ _ 1. 0 9 . . ._ ' _ 1 - i i - ; i

_ '_ ‘ . 0* _ig _I .111 _‘_- Q: ,. u V ‘ ips i- L. _“__ ‘ ,L __ . ._". .> __ _~ _ ` _I VA _M i 1

,_'-‘ H .iw , L-, 1 \_ _ ff "*‘ ._ » ,__ , ' _. ` _ ' U

. , i . _. _ _ "l1‘ri;¢‘~`: ,~-its . ~ .a»-`.»__ \ , _ } I, , - ‘A ‘IM ‘ [,_ ‘___ ’> ' X l, . , z(

. . _ _ . ,_ _ V, . ,_ fi..,, ,

1 acer.-1 in! tm, rt nw

Law capitalization ‘

. .Hind Officer Chari0tt¢10}9n,_ Princelf`Edi/yard ~“Islaii'_d _ "

i Capital - -

- <-

$150,000 .- ~ 218,000 `

Issue of Capital Stockfm,..to .. .. 275,000

1 value of shares _ _ _

is si Capital io. be, Used 0' 0*“_>fli f0r Fnrinerfs.E:iiension in Purchasing Live smelt. 1

ii Qi F‘.ll_i'°_¢»t_;¢rl _ ’ _ '~~$iii0iuii“iii Faii*~ltiiiui¢i:- "

i" ` as 100

' i

. _ _ The following Fox Companies have declared dividends to date

Q l Dividend and

' Capitol Per cent, Dividend l'er cent.

iiuucli Authorized Stock Bonus Total . Unsh Cnoi Dividend

vie-P<»»iif»,;,=:i=g_ir»i;rr ~. ii.

" ` rt! Eli " llv"el*ill'y.'

Secretary-Trea|\irei"-‘-f-‘w;£§‘§;E; C$i\ii`er0i‘i',"B.'A”‘.’ (Oxon) Charlottetown

` ` Profmeitorp _‘Economics and Commerce, Sl. Dunitan’s' College, '

_l"0 `Eiecli_t_i_v'e‘oi S_ilver'Fox Breeders’ Alaodiation o‘_.,."., ` . ' '-'

Major A. A. riottetown, P. E. l. ` '

tehideht The Gilirdian l'nlili|iiingCo Ltd

lint

~ 0 S0?-‘lfif =.f-ii~~0'ii~ " A " ~ . E i; 5:3-Tilton' ist ide P30?/llllilihlllteillessdlscdiidlhllliohl-P

C|w_|°_l_ Lyons. E01-» Ex-Mayor at Charlottetown, of the Finn C. Lyons & Ci.,

1 ` ' - Coal Merchants Cliarihttetown. ' V

S;_9ll¢=Itors

Hansard 8: Gaudet _

Qfisiirikers

.Bank of Nova Scotia, Cnarlottetown i - Y ~ . -

.ioHN R.D1NNis, “rue wi'/.fini Rnnei,ef,~' ,md piaaiaem 0; me r',,,,,,,,,,,y_

_ With one of his Litter-s of Six.

REFERENCES Royal Built oi Canada, Charlottetown

l Bank oi Nova Scotia, Charlottetown _Silver [fox Breeders Association of P. E. I., Charlottetown

A” " m ' ' “-1 nn`

Bunbury fi 30,000 Spring Purk 90,000 Peerless 20,000 Prospect 00,000 smith in0,000 Dalton 025,000 Sliver Tip 25,000 Murray Hnrhni' 50,000 Magic 100,000 Eureka 30,000 Union 100,000 Riverside 50,000

_ Maritime 40,000

I all nl

Magnet 50,000

, ()'Lonry 40,000

Pioneer 100,000 North Shore l00,000 R Ili, iii 000

osemo ,

Tyne Valley 75,000 Mnlpeque 40,000

P i in ini i with une Roynltv 90,000

320 45

000 300 40 '10

.15 200 172 175

00 225 33! ill 280 340 20

225 25

1000

S 96,000 320

40,500 00 ,000 00,000 00 ,000 a50,00o 23 ,750 100,000 112,000 :.2 ,000 1 i 4 ,0 00

112,500

l.‘i,Zi31l

21 0,000 1 10,000

8,000

225,000 25 ,000 00,000 37 ,500 30,000

300 100 40 40 ‘J5 200 172 175 00

225 3112

240 340 20 225 25 500 00

(And one lox still lor solo.)

ivit. Eat-mul 00,000 220 20 ~ Two of the above _Companies Royalty and Mt. Edward, were ranched by J _ R. Dennis. In the season of 1913 Mr. Dennis also ranched foxes for three private partnership Co’s. One of them paid 64 per cent dividend, the se_cond~ 124 per cent and the last 152. (References may be had by writing the Secretary, W. E. Cameron.)

Pnnnnnnnxnn 1- ' ¢_| f . _

1 4

U Q

11. R. f__Diesis._P¢digrsed

,Limited

0 '_ The JOHN R. DINNIS PEDIGREED FOXES LTD., was incorporated under the laws oi_,Prince`E_dward Island, Canada, July 22,1913, wth an authorized capital of $300000.: The Com- pany at that time owned, six pairs of PEDIGREED FOXES. Onéfbair of these two years old, and mat- édfor two .yearshad reared to maturity eight pups, whieli wele .sold for the small fortune of $50,000. This pair was valued 'at $28,000. The other pairs were young oi’;‘j191_§',*'valiied-at* $19,000.-per' pair; This first issue of $123,000 was subscribed by October 15th,and the Ihiijectord' inadel`u se'cond issue<of‘$77,0Q0. to purchase four more pairs of high grade foiies. Six weeks laiiéi' the ' seifoiid' issue was ’ practically subscribed and as prospects looked bright for the coming year $1B,;`ili)0i"'riior% 'stock' was issued’to_*§pl\i‘~ chase another pair of the famous B I. Rayner Stock, Alberton; Ilrii*icd"Edward Island. The totiilf issue ofestock $218 000. was subscribed and fully paid 'up on December 22iid,wh'en the Organization 'Meeting was held in the Board of Trade Rooms, Charlottetown. i f" '_ " ` ` ' ’ ' _ ‘ = -

22 Registered Class A. S1lver_,,_Black _ _ __ __ __.___c_..F6XeS y

_The JOHN R. DINNIS PEDi(_}REED FOXES LIMITED _was the first Company to register its

foxes in the Prince Edward island Silver Fox Breeders Association. The Certificates of Registration Number One to Twenty-two. The Pedigrees which may be inspected in the books of the Fox Breed-

_ersi Assoqiation, Charlottetown, trace the breeding of the animals back for three generations to glenn- nie ranch- red Prince Edward Island_Biack Foxes. §Class A.) The foundation stock of the Di NIS PEDIGREED FOXES was selected from the pens o the pioneer ranchirien--Charles Dalton and RJ. Oulton, Alberton and from the famous Rayner Ranch, Alberton, Prince Edward Island. The crossing of these two noted strains has_ produceg a beautiful vigorous large animal that combines the line ric lustrous fur _of the one breed withthe igli quality _blood and phenomenal productiveness of the other. The ancestors of some of these foxes sol for the highest prices on the London Malrket. (See Account

lk ° Sales-of Chatl 's Dalton 'nd'Gordon, Fur Farming in Canada,p 112.) Moreover. t e foxes of the Com-

as.iissiirisiiiiaiitsseniaiqifliiasesniiniwdi

’l, I1" 1'. . 1'. CB, 8' H 811 I' 81' E V RSSOCQE 6

C0111" ‘ f ‘ ,Otta .» ' fth 0 " L 0 . _ of 5. mW.. ‘Su ¢flih2*3’? 4, .edits .i°.i*.?an§ii.§"fi‘€,‘.?.l:ii’§.t"i*i?iiia‘i5i‘?*'3‘;?¢ i..‘f».‘.’.‘.ii..§"§{‘§..i‘.if»‘»"S

'ih-

' 0 1 > Promised Extentibn f r _ _

° " ' ' h C "‘ " n 's ` ens durin the 1 resent season. They will be carefully selected from' the creani'0f.the stock. Tliedninpgiiy

I C l X ' ` .». . .

_ - _ _ ,

'i didn 1 .f f -hidi _ _ ._ _

tis propose oa up toeeven pairso young oxesw cas in P ompa Y D E P im ls _D ck f _ thru, genwauuns. V ,_ A _M MA,__;,,r,w__

will then have the 44 pedigreed foxes all Class A, and f in so far as the pedigrees of the present an a go a or

0 0 Grounds for Extension _

V ' ._ '/V, '~

In the opinion of the Directors the best policy is to gradually enlargé_tl_ie Company by the addition of a certain number of select pairs _each year till the Industryi9eti;ifs,down toa basis.

It is a policy which looks to the future interests of the"shareholdé`rs, and if iudiciously andpersisteuly carried out will place the Company in a position to carry on a permanent biis ness for years ligjcdlzie. A largeranch can afford to have more conveniences and better equipment than smaller ones, and at the sametime because the business can be better organized, many economies. may be catrie? oil in thefmanagement and running expenses, including food, salaries, wages and advertisin . _Moreover the JOHN R. DINNIS PEDIGREED FOXES LIMITED with twenty-two pairs of foxes wil, offer a

° ‘ ' ' ' la b fanimals the law of averages assures a steadler and more certain return

better, insurance to the investor than a Company with iive or ten pairs, Where one’s nvestment is spread over a rge num er o

` ‘ u I I f 1 . i U ' A

than whelill lhdsthlliglldnildldgtaliliidve I€ligl)INNIS PEDIGREED FOXES have all been selected, according to avery high standard. They are all from the most prolific strains and are descended from

d k t The management is therefore very desirous on retaining the cream of the progeny of these valuable foxes in the Con1pany’s

animals whose ancestors sold for the highest prices on the Lon on mar e _ V _ _

””`S' 1 ’ capitalization

_ 1 The 22 pairs of foxes will be capitalized at 0490.000 or $22.400 per pair. The eleven pairs of hold breeders will be worth at least 3528.000, per pair at the end of this breeding season. It is thus evident that whenaccount is taken of theenhanced value of the present breeding stock of tli`e,Company the additional eleven pairs will be virtually capitalized at $185000 or $16.800 per pair.

V There is absolutely no organization expenses to be added to the capitalization of the foxes in the Company. e .

} ""' ' ' ' » 'I I i_ T¢

1 is '1 'gi “hi ‘

' The Ranch - ~ ._ -'“ if

0 A I M il it is ideally located lor tox l l ' I’ ' ~ 1 .

Rituated no itfis on a wooded bil to? _ ;u _ _ V V hottie; The natural drainage ol t-he-ground in good so that tperd is nn A

`~ il'a`ijlio'i‘ oteprlng 'ireahetn so intel 'to young totes. '1‘ne'nli- is always pure

and fresh, lor the winds which sweep the hill-top carry away till harmful » analiiiagreeaais odor- and ninnile the eiiiiinig ings into uit ‘vaiigyi _ -lialdyr. The' idet"thd_t. Mr. Diimii hal never had ii single case Qol efdkneil

anion; nn animal: since lie hangin/the present i-aneii (thi-ee .yeaiuriigoi in louisiana eviiisnes of nie iieaiiniuiam of ui. mei and antenna,-

inia. " y _

if a/utah' ot expert nndvtruatwvrthy men on

'wi-it oi maintaining and ailersipc the _ _ _ _ in his ni¢iu.»wntaioimn‘| idea wales (mice 1 - . .:.

in uit niiisiis rosa. sniinnaennnn _iheimjei _im

sr .notice minima wind crowns 1 www- enef __rinen.._ !l‘noi°_¢'-u`d_t1hlv~ -Iifilllll'-0

the rnnen wh-ié israel 0_1! 0*_¢f!.\>4ifI¢

¢g__ni1`

Payments, 110 p. c. on application, V _L V '

" p. c. on August First.

80 p. c. on October _First

Any further _inforination may be obtained at the Head '

P. E. 1. "’°“i"~"~‘°°“‘u""i °""”~" as iiviivriiins the sew '.1' resent-er

0 W1 Cameron

-ix-asf

V 9 The Rancher 5 Record

Mr. J . R. Dinnia the owner and rancher begin' bfwdlng ioxea some

Seven years ago in Alherton, P. m, island. Being unable to purchase his first pair with his then accumulated menus he did not hesitate to mort- gage his property to make a start. H0 ieolired the nellstanoe ol Ohdriel I Dalton and R. 'i‘_ ouiton, the Pioneer breeders of Ailierton, ami ister the help of B. I. Rayner, now one ol thenioet auceesniul ranchers in the ~P_\‘0V' inet. mar tour .years mining ne £011 that he could nuke a mean of handling ii large ranch. He moved liethtorl to Charlottetown in 1911

ond purchased the valuable property itiintlniied shove.

,Lacking sunieiene capita; to pu-cliilu ii large number of silver Black

Foxes he solicited lox companies to iibltd lotsa with him. Several Oom- pnnleo .were induced to put their |__N>°k‘in Nl 050110 emi ii1¢'l’0l\\l¢l I ei nie- pm time nm have nilrvhlsbé 011 motel. In 191| (notably

0. Roar year lor increase) the Miata oi tin several companies in the DUMB ll NUH increased _on an a ei-me about 180 per cent.. over 1911. So great 0 reputation nn* Mr. lilo lined! that many lox ownerljisve ,

giaeeii- their mm umm nie em at 0-coat or as i-ii n- 0. 0! the ielf_N\¢°¢ ‘ o niuea mm mecmiui than num are mr an in seen time s iam company alum to anew iuni- in me is ini- cent oi nie inei-em #lim other ranches offered eoinpetlng rate nl low sl 10 per cent. 0 it in Mi-. mania' pmiui hem that lie never im a ronnr for iron del-

ne¢5_ The mortality ol young lotsa io about 80 pei' CNN- Ni- Ml* mimi'

in 1911 reared everyone oi his 'rwe ty~tlu-ee young foxes to mntai-i¢1 and in 1913 with Forty-eight young ioxen in his ranch he old not lone n lin¢\e

one.

"One oi the moat encceaainl rniehltl is J. R. Dinnie ol Chnrlotle-

town. This year he raised and paid f-lf” 0" FOR!-0i8\1t» i>\\l>l. 7 VFNH* ol the wor\i\’e supply and the largest. niiinbet in any ranch ln the world. He raised sixteen pups ii-bm 'rin-eo yollnk pairs and had tour lit-N0 01

“' °°°h'" : » ~-'ras oonitn rue," im.i\'ii,

' By J. R. Barr.