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--alt is ~Proposed to Coiiatalize a Joint Stock Company , With ia Capital .of ,$625,000

, Chas, Dalton sold to a syndicate his ranch complete, containing zo pairs of breeding silver black foxes

and guarantees an iner-fease{oi1= not less than 50 pups to be raised to the age of three months, for ,the year 1913. For every pup! under this numberhe agrees to pay in cafshto theabove A syndicate $5000.00 of the purchase price, thus GUAR-

'i 'ANTEEING to the syndicate for the first year .$z50,oo0fdividends on a-basis of $10,000 a pair, which in view of the

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' "_, prices being paid at the present time is a very conservative estimate. _ - _

T this A m ou n I Rep re s e MS tive or p 40 fp. on th e C a pi I al

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, This istlie minimum estimateof dividends whicliliwlll, we ieel sure be greatly increased, because, instead of 50 M

"pups»there should be at least 7 5 come to maturity. and based on an estimate of $‘Io,oooa 'pair would net .the Syndjgate the handsome sum of .$37 5.000 orf6z p. c. on the c#ital invested. ' ` A . A

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The Terms of Purchase Are

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

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.T h land with all equipment contained thereon. ' ~

1- I The syndicate has a soleright of the use of the name “Chas. Dalton" in the Fox Ranching business.

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The syiidicate`ha's applied for letters patent to' incorporate the- Chas. Dalton Silver Black Fox Co. Ltd. A

C President P as Solicitor p P, p Sec’y Trea’s

i , .CHAS DALfl`0N` A."B. WARBURTON ' W.» B. 'PROWSE

The Chas. Dalton breed of foxes needs nopuifing as they hold the wor1d’s record for the price of a single skin,

P e ' C Provisional Directors Are M

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il allotted will be return,ed)‘t'h1e. balance to be paid on allotment, $225,000 of this stock has already been subscribed of the N

1 balance oi stock $z0o.ooo0nly will be .allotted to Island subscribers, the remaining -_$200,000 will be allotted to foreign

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and also hold the world’sVjrecord for a group of skins. ~ . , is tlieeoBest,ProposiIion Ever Utiered' tto Investors on P. I3. Island it Shares will be issued at $io0 par valtie for a short time only, as it is expected that these shares will be worth

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at least $200 in a short time.

X ro p. c. of the- subscribed amount must accompiny all applications for stock (which in ca se stock not being

invewrs' ' Stock Now For Salle ' P o

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4 Stock allay *Made to the Folio wiirg

at .C»anailian*=B¢i‘rk_t of' 'Gommeree on P. E. Island a

Mol! lv my oi the Miove Aiieiioies

-seen ».»Sold a .»,-to- a Syndicate Represented by Mr. A. B. Wiarbiuvton and W. B, P,mw¢¢_

rl ln v e st e d fl`;he Fairs! Y ea ir t o ' 0 VJ ,

Mr.‘Chas. Da1tonito'remain.with the company-'as Ranch Manager for theiiterm of one year or longer if required.

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iCharlottetown;i W. B. Prowse, Charlottetown, and,