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_ Mr. Chas. Dalton has sold to a syndicate chiii-plete, containing 20 *pairs of Breeding silver black foxes

and guarantees and increase of not less to he raised to july Ist 1913. For .every pup under this' number he agrees to pay in cash to above syndicate 5000.00 of the purchase price, thus GUAR~ ANTEEING to the syndicate for the first year $f25o,0o_0,dividends on abasis of $ii0.000__a pair, which in view of the

lm prices being paid 'at theiipresent time is a very conservative estimate. -

5 ThisAmouninnepreseniesilver 40 on me capiia W Invested The FlrstYear

i This is theiiminiimuini estimate of dividends which _wiTL'wéi"iee'l sure be greatly increasedfbecause, instead of 50

- pups there should be at _least 75 come to maturity, and based on an estimate of $10,000 a pair would net the syndicat e

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< ` the handsome sum of $37 5.000 or 62 c. on the capital irifvested;

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The Terms of Purchase Are

The syndicate takes over the entire plant, goodwill and ranch of Mr. Chas. Dalton., comprising Five acres of

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land with all equipment ,contained thereon. "

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The syndicate balsa sole right`0ftl_1e use of the name “Chas Dalton” in the Fox Ranching business.

“ ` `Mr. Chas, Dalton -‘toeremain with the company as Ranch Manager for theterm of one year or longer if required.

i The syndicate has applied for letters patent to incorporate the Chas,__'Dalt0n Silver Black Fox C0. Ltd.

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kg _ The Provisional Directors Are r

5 President'-555%. Solicitor Sec’y Trea’s 0 0 €liAS DALTON ‘ A. B. WARBURTON 5 W. B. PROWSE

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W The Chas. Dalton breediof foxes needs no puifing as they hold the world’s record _for the » price of a single skin,

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_ /2;; _aadgiia had the w0¢_1<i'sf‘¢¢»r<1 fora group Ofskins, ~ ~ ,

the Proposition Ever .0liered to Investors on P. E. Island

(Q/` _ .. i Shares will be issued at $100 par value for a short time only, as it is eirpected that these shares will be worth

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._._ fi at least $200 in a short _tin`.'ie. _ ~

ii' A" I i ‘ i - V ' - . A - ¢ - 'V ‘\ 10 p.- c. of the subscribed amount must accompany all applications for stock (which in ca se stock not being

ii allotted will be returned). the balance to be paid on Decélst i912 $225,000 oithis stock has already been subscribed of the

'balance oi stock t'$i.200.0i00"i0n1y'will~ be allotted to Island subscribers, the remaining.. $200,000 will be allotted to foreign

investors' C A iSto‘ck Now For Sale i ` y

_ i .i ny fi. ciiiaai.. mi of pr. ii. mania _

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wi ,,r»,,v¢., it iq at .mai sian wins capital of $625,000

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