5, 1914. ‘Hi » I -_ trim or-i1iiiLo'r'i'nrowN_ Gu; iiniiin . » " I ' i i».A.ouNn&»

_ i *__ __ _ _ i ,_

[_-What Business Can Equal These

U 8'" 'v " _ _

Dividends ndr the Same Conditions?

i i.

Can any industry under the sun equal the

same dividends _named below under the same adverse conditions? Where is the business that can pay anything like the same divi- den_ds that the silver black fox industrv is paying in the face of the most devastating War' in the world’s history? When large

not remarkable---is it not phenomenal that the :silver Black ox Industry stands out silhouet- ted in the horizon as _the most prominent and the most profitable investment in times of war as well as times of peace.

_ The following dividends for 1914 are not only going to be ‘A '

gaitd-bdut THEY_A:I;E_ PAID RIGHT NOW-not paid in promises, _l-_

industrial concerns are passing their divi- pinigilwiii Ziifiio ii.;-H' ide ‘dai this’ aiumber Qmwse C°m`

_ _ ce ivi _en s ater on and besidesmany of A sii./sr audi. rox posing for i...

dends .nvjhen other-S are assessing then- St0Ck_ ::_l_ie_r_i_ieli_a_\__1_c;_§id__cl_<ird Efnrxg-:'_sdto_ their ranch hto renuce the capitalization Picture

holders--when industrial stock exchanges the eaciiinvesiof. p °‘“°rea`e t e Va ue °f‘he h°"”"gS ‘°

MR ROBERT _r_ OU___r0N_ ____________ World Over have Closed their doors and Com, This is onlya few of the Companies to pay cash dividends, I "*f""°"“' "°“”'~"~'“ "'°F°><'"# I

The _ _ _ _

_ _ . _ _ I -ll follow and I k _ and iii_di:_s\r{a_lnives_1nrnls is Q oi iiio silver ni- on F . i i t- 1 ii. . many more “fl 1 ._ 1 Sure Y S993 S V0ll1!Tl€S f01' U10 Stabll- . “- ‘”"”" "‘»“”"“ @"".°"." ""5

°‘ °‘ 'Y mercial failures are the order the of day, is it .fy ...mS.a..d,.,g of the 5.1.... Biaci. F,,,,1,,d,,S,,,_ ,.i;_i.:'._.if’._',.€‘i’.f".':'._;i.':.’.a°.i‘.;.:;t:i‘r.i;.'i

Westmorland 35 c ock "”‘e°(;l?'°`”li‘(;n:";’“mama Mm:"?“I:

I ' D' ‘° (BL 5 70 RUYHI- U0 D. <5. li'increased'ihruiiridgcilimiliriindluction

D. C.) D__________ C_ __ __0__ __ _ ofabreedingseason.

Silver Tip, 15 p. i-._ (Added 3 puirii " AM' " p' C' ('00 P' L' 1-, _"I

foxes to stock). is-tor-ki. _

(1 , d F , i _ . . `

ini: up 0110 ol' the poiiu ii-ini-n brougiit a record price. His son, Mr. Russel

OUUOI1 IB /\fl\'iS0l‘Y Slwerliilemlciitfor 10 U- C- UUOVU *Wifi Pure Canadian (stock 25 p. c.) cash SILVER FOXES & FURS_ LIMI-rED_ 101;;-iiico_i;l_;iert_(;o.(Interim dividend) 50 p_ C_

_ c. r a e

Spriuk Park Co. (Interim dividend) Black Prince Fox Co., 50 p. c.

c rl . . ..

R I 1 uenerul Iiur Farms. Ltd., 1.. p. u.

___ cn_yn)<_e_i___ notegiiiét onal (declared 40 (Expect pay_ U p_ C_ more)

Il. I. Rayner, West Gore, N. S., 105

riipau o.\ (o. 40 p. c. sim my-,.,~_ ii' ,,_ 0

Murray Harbor, 30 p. c. (more later) Willow llill, 35 p 1 mm 1 30 _

p. c. -

The Foxes are Now in the Ranch of SILVER FOXES

& FURS Ltd.---Shares Selling . at $10.00 Each

SILVER FOXES & FURS LIMITED have the ear marks

of a big dividend-paying proposition-highest quality foxes- lowest capitaliz ation for such quality foxes, being at the rate of $14,000 ner pair for the 25 p. c. preferred stock issue. On this basis S LVER FOXES & E URS LIMITED should pay big dividends even on a pel_t basis, and they should pay bigger divi- dends by selling the animals for breeding purposes. _ _

To compare the past history of the fox industry with indus-

trial or other forms of investment, and taking SILVER FOXES & FURS LIMITED as a basis for p_ro_spective earnings, will convince anyone that the earning possibilities of the industry are unlimited

SILVER FOXES & F URS, LIMITED have the best foxes,

regardless of valuation-they have a man as Advisory Superin- tendent who should place the company among the highest pro- ducers if it is within the power ot any man to do so, or if long experience counts for anything-and these are factors that can- not be discounted.

The Directors of SILVER FOXES & FURS, LIMITED,

are the largest stock holders in the Company. which is an evid- ence of their confidence in the proposition They have recom- mended it to their best friends. They recommend it to you

With the foxes right in the ranch SILVER

F OXES & F URS LIMITED are a “going concern”--- and doing business as such. The foxes in this Com- pany are the most select pedigreed strains with good breeding propensities---strong, vigorous, and healthy. They were all selected by expert judges of fur value, and are unquestionably the best of“A” classification.

By having Mr.RusselOulton as advisory Superintendent SILVER FOXES

& FURS LIMITED have aman who was brought up right in the business. Hisservices should be of inestimable value to the Company.

Not a detail has been overlooked in the planning and arrangement of the

Company that would make it more attractive as an investment.

. . . _ we are a e same ime making some

with absolute c0nHdenCe_ _ . The Directors are experienced _business _men--men who figure_in the money for 0u,Se_iveS_ We_a,e the largest Stock holders and

. . If you wishtobecome interested in 3 Fox Company with personnel of some of our leading institutions. I`hey understand the different ilierefore your interests are ours. We also wish to makea

'L good prospects, you owe it to yourself to call or write for a pro phases of the fox industry-they appreciate the standpoint of the investor, reputauorffor ourselves bv handling this proposition in such a

Spsdusand become thoroughly acquainted with the rroiwsi and thesefacts are fully emphasised in siLvER Foxes & FURS Liivnri-ID. Wav as 10 Heist with future tlofaffons- NOW is the time to tion. Cut out the coupon below and mail it. DFOCUVC 501116 Sf0Ck-RIGHT NOW-

WE WANT YOU TO INVEST IGATE SILVER FOX ES &

F URS LIMITE D-we want you to study the proposition point by point-paragrapli by paragraph-the more thoroughly you will investigate it the better we will be pleased.

I_t has appealed to others-it should appeal to you. Now i

the time_to consider it, _while the stock may be purchased a par-while the opportunity to subscribe is yours.

We shall beflad to send you a copy of the prospectus-we

shall be ’_please_ to _explain every phase fof the proposition to your entire satisfaction I and this without any obligation on your part. We are anxious to go into all the details of the pro- position with you-explain everything-tell you about the foxes, the prospectus-the ranch, and everthing that will interest the

man_ or woman who wishes to _invest their money to the best possible advantage.

The Directors are determined to leave no stone untumed

to make SILVER FOXES & F URS, LIMITED a big paying pro- position. If we can make the Company earn large dividends for the shareholders t th . t` '

SILVER FOXES & FURS LIMITED, are offering 25 p. c. Preferred Shares on the .Basis of $14,000 Capital- ization Per Pair, which is the Lowest of any Company’s Offering at the Present Time---with this Capital- ization the Company Should Pay 25 p. c. Dividend Even on a Pelt Basis---Write for Prospectus and Full Particulars Now---You Assume no Obligation Whatever by Doing So---Address Given Below

PAGE EIGHT OF THE PROSPECTUS OF SILVER FOXES

& FURS, LIMITED, shows how, hy adopting business methods, the Company may sell its production for pelts alone at a price of $350.00 and pay a total of 50 p. c. the total stock issue. When it is considered that this price for pelts is approximately one

quarter the average price realized in the past the investor will

' form an idea of conservative basis of calculation,and also an idea

of the soundness of the Proposition. `Any person who stops to Consider the plan of operation for this Company-the business- like appearance of its proposed policy will be forced to admit that it is the one Company in which he will wish to invest.

These are things you cannot find out too soon.

11 ` nominal (being $10.00)

thatrgigrgayigrzldlii ii/filtlhzitsléisits igrliold suiiicient to share

in the prospective eam1I18S Of the COMPHQY-

YOU WANT TO PLACE YOUR MONEY

WHERE IT WILL EARN MOST---don’t you. Then throw aside all prejudice. Study the fox industry in general, and SILVER FOXES & F URS, LIMITED, i_n particular---consider them on their merits in afair unbiased manner. ~

You know that the Silver Black Fox Industry has passed the experim en-

tal stage-you know that the matter of production rests largely with the rancher himself-you know that -with fifteen pairs of foxes good production can be sec- ured, taking into consideration the law of average, but you may not know that the dividend prospects for :SILVER FOXES & FURS, LIMITED, are at _least 25 p. c. Where can you place your money where it will realize higher earnings.

This is a proposition that will appeal to the _shrewd business man as well as the You may write 0;-‘mail your application to eimer of

careful investor who wishes to place his money in a proposition that will yield good _ the gentlemen named ab0ve_ |

retums, consistent with security. .

If you are interested in an attractive investment proposition with .good prospectus

_ -1 for fnture profits you should fill in and mail the coupon at the bottom of this announce-

men . _

THE DIRECTORS of this Company are experienced

business men-well known locally. Any one will supply you witha prospectus and any information that you should require with reference to SILVER FOXES & FURS, LIMITED.

DIRECTORS : '

F. R. tleartz

W. K. Rogers C. J. Stewart

F. L. Rogers A. E. Shaw

APPi.icAiioN roiziii -331 Fin in This FORM _ gr This Une g;§> iuioiiissr ron inroiiiiiiiriou

siivali Foxes s. FURS. LIMITED. _ , _ _ _ . ‘ . siivrk roxrs s. runs, iiiiiiiro.

c......0.~mow.i, P. iz. i. _ Fill in and mail either one of you all the information y_ou want C,,,,,,,,,.,E,,,w,,_ ,._ E_ ,_

k iicauoifor. the forms now, and learn all the without c_ost_ or obligation. _Sit

2. ‘.'T°.ii."Ei.§l`Z.Z..i‘.°.‘§.. .. g§,f;;§°ge,§SF,§§ga1,§;;i,§TES,gL‘§§§§ tgp;-gllggeegglgg ggi; -‘},1;gg;_§,;f1,<g} ...VER ....... .. . eac§'_ . . . ’ - - $1 - runs, LIMITED.

Name .......... ............ ._ is a Eroposition you should know formation. Now is t e time to

Oc _ all a out, and we will gladly give act---RIGHT NOW. ' _ Name ........................................ ..

cupation ................. .7 ............. .. i

E* Address ....................... .... & _LTD. I _ Address .................................. __

Please mail me Prospectus and full

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