PRCDSPEOTUS ....0 __ Clenaladale Silver Black Fox _Coinpuy I _ -----ilimited Incorporated Under the Laws of Prince Edward Island ., AUTHORIZED CAPITAL .... ............ ..$60,000 (Now to be Increased to $500,000) ` In 12,000 Shares of $25 Each \ BOARD OF* DIRECTQQS: ¢» ¢ » ... .» .¢ a» _ .. ._ Royalty, . . . . . . . . . . . . . . . . . . . Magnet 0’Lesry...... . . . . . . . . . . . . .. Pioneer . . . . . . . . . . . . . . . . .. Rosemoiit...... ..... .. ,, . .s . .» » . , .»¢»»n ~.--1.. . Silve_r..'l‘lp . . . .. Murray Harbor .. . . .. . . .... Univll. . . . . . . . . . . . . . . . ..._ Riverside Farming Company . North Shore ..... .. . .. . . .. .. Tyne Valley......... ._ . . . . ... Maritime ............. .... . . . . Malpeque Silver Fox Co........... . SoalRlver . . . . . ... . . . . . .. . . . . . . . . The average cash dividend ot these companies ls 208 per cent. Authorised enum $100,000 00.000 60.000 sismf 25.000 ¢ 100.000 30,000 190.000 _ 50.000 90.000 50,000 40,000 100,000 100.000 _ 10.000 15.000 40.000 40,000 51,000 .00 60.000 » " .iizifigod Of the UOQL io 40 asa 100 0-11z.000 112 ss.s0o is 114.000 .200 112.500 225 210.000 110.000 s.000 225.000 25.000 _ 00.000 31.500 1s.saa a0.oo0 128.500 340 40 20 225 25 -500 50 88 75 50 PRESIDENT Among the dividends paid this year. 1914, in spite of _the War, are the following: John J McDonald Esq Merchant of TI-acadje CI-055 P E I Glennlndale Silver Black Fox Co., Ltd.. 100 per cent. 50 per cent.'in cash. _ , ,, , , . . . ~ VICE-PRESIDENT joseph Egan, of Southport, P. E. I. RANCH MANAGER Arthur McKinnon SECRETARY-TREASURER Major McKinnon, of Glenaladale, P. E. I. BANKERS Royal Bank of Canada, Charlottetown SOLICITORS McLean & McKiimon, Charlottetown REGISTERED OFFICE Glerialadale, P. E. I. PROSPECTUS The name of the Company shall be The Glenaladale Silver Black Fox Co., Ltd. h be f d f th rpose of breeding, raising, buying, selling and dealing in Silvglhggi? iisixesegf br(é;qs,eo¥illier fprbearing animals. Cattle. sheep. horses and other live stock, and to carry on farming. ranching and kindred businesses. h h C ' 1 t d the estate of Glenaladale, the property of Major C. McKin1ii1d?i,r§iqd fdifiiiegly¢?:'lii)¢:d1bylSir0l:}i2}i§ianciIl\4acDonaid, the finest landed property in the Province its buildings aloiie being valued at $50,000. The holding of the Company consists of_ six pairs of Silver Black Foxes, (proven breeders), and fourteen pairs of 1914 pups. The twenty pairs being young. mayiireasonably be expected to give good results for a period of ten years. These foxes have been carefully selected from the_best strains of Prince Edward Island, Newfoundland and Western foxes, and have been _chosen with a view to produce size and quality" in offspring. Great care has been exercised in making the selections and no option has been ta en except with the proviso that the pups shall be approved by Maior McKinnon. The proceeds of this issue will provide sufficient capital_ to pay for the twenty pair of foxes at $15,000 per pair, and permit sufficient capital being placed in the treasury to defray all working expenses for next year. ' ' ‘ The ualification of the Directors shall be the holding of shares in the Company to the amount of five hundred dollars. . _ _ ’ M,K‘ ,' h nal tithe chis,hashd consid;rlaIii§< Lrgijdlier, ancitisuiirlellln 130% lggrlgiighohgliliglengthragnd breadth elf the Province as an experienced and reliable breeder of _and dealer in all kinds of hve stock._ The ranch has his personal supervision. The Directors will retain $80,000 worth of shock in the Company. The rancher, or keeper Mr. Arthur W. McKinnon, has had much experience i_n breeding foxes and has the practical knowledge necessary to efliciently manage and care for the animals. The Glenaladale Silver Black Fox Company Ltd., earned one hundred per cent dividend in 19134. The prospects for l914»5 are such as to give reasonable anticipations of at least 50 per cent. dividend. The Company has no “watered” stock, and commission on the sale of shares is limited to a maximum of fifteen per cent. but arrangements have been made whereby no more than ten per cent. shall be paid, the Secretary-Treasurer handling the bulk of the issue direct. The demand for pure ranch bred Silver Black Foxes foribreeding purposes is greater than the supply and will probably remain so for at least three years. .. T_he d0meStIC8i10Il Of *he Pl‘¢Cl0l\S S1lV€1’~ Black Iiox is an entirely new, and an enomiously profitable industry from a pelt value alone, and accord' to calculations by experts, exceptionally high dividends, averaggg twenty-three per_ cent. will heudgtainable for fifteen years after a pelt basis hasbeen reached, thereafter a minimum average dividend of fifteen per cent. at which profitable foundation the industry should remain. The Fox Pelts have advanced greatly in price since 1910. _ ° la f l f ` t fS`l F I-`rs,shippedfbmPrinc riw.£°i§i§.’.3’.‘i..ii‘ii.§‘1B“£5‘na“§.?s§“iiZ§d.’Z..ii°§.“i’.‘”’i..i2 ..?M.‘.‘éi.f 19%. “ ’ ° No. of Skins. Kind. _ PH00- 1 Silver £310 1 ,, X 580 1 .. 240 1 ,_ 100 (1) ., (Dnmamd) (46) 1 _ 280 1 ,, G40 ,, aio ,, at £220 440 ,, 430 1 ' ,, at £125 250 ._ ,, 310 t-I u-i N r-A gg H oi* -fri 1.5 Stock, 35 per cent. _ bonus. Black Prince Fox Co., 50 per cent. Crapaud S. B. Fox Co., 40 per cent. Magic Fox Co., 50 per cent. Richmond Bay Fox Co., 20 per cent. MAJOR C. MCKINNON, GLENALADALE, P. E. I. Fox COMPANY, Liiviirsn.” . from date. Name ..................... _ _ Date ............. _ _ . ....... _.191 Address . ................................................. . . . Murray Harbor S. B. Fox Co., 30 per cent. New London Fox and Farm Lands, Ltd., 200 per cent. iuiyai silver Bleek Fox co., 110 pei- cent. Diamond Silver Black Fox Co., 80 per cent. ‘ Carruthers’ Silver Black Fox Co.. 30 per cont. Provincial Silver Black Fox Co., 40 per cent. Ellis Silver Black Beauty Fox Co., 60 per cent. APPLICATION FORM Angus Cameron. Cylde River, P. E. I. Il. B. Colwr-ll, Iinlllnx, N. S. - J. L. Hetherlugtcn, care of The Toben Co.. Halifax, N. S. Rev. Father Gills, Indian River. P. E. I. H. F. Feehsn, Mount Stewart. P. E. I. Miss Mary Hennebery, 708 Crescent Road. Calgary, Alta. H. W. Flalger. Plctou, N. S. ' Miss Mary A. Blakeny, 139 Wright street, St. John, N. B. Rev. A. Patterson, 33 Carleton St., St. John, N. B. Richard E. Ellis, 325 Columbus Ave.. Boston, Mass. Nelson Carew. Hunter River. P. E. I. Alex. Martin, Valleyflold, P. E. l. Dr. C. D. Crevlston, Rock Island Texas. Albert P. Carleton, Boston, Mass. K. C. Fraser, 61 Worchester St., Boston, Mass. Miss Jennie Kee. 135 Maine St.. Boston, Mess. _ John Joseph Mulcnty, 11 Madison St.. Malden, Mass. Patrick Foley, Kildare, P. E. I. John H. Hamilton, 54 Navelosk St., Amhei-st,.N. S. John A. Campbell, 5 Ashland St., Malden, Mess. John H. Sherry, Malden Square, Malden. Mass. John Wesley Silllker, 17 Madison St.. Malden, Mass. Miss Mary E. Peter. 142 Garden St., Pawtucket, B.. I. Mrs. Mary E. Wilson, 2441 Porter St., Los Angeles, Cal. George A. Taylor, Halifax, N. S. Paul Doyle, Mount Stewart, P, E. I. f William C. Davidson, 249 Robie St.. Halifax, N. S. Arthur Boutliler, 105 South Park St., Halifax. N. S. Cornelius E. Fleming, Chisholm District, Minnisota, U. S. A Ralph V. G. LePlne, 181 Barrington St., Halifax, N. S. Arthur Brennan, Summerside, P. E. 1. Thomas Puslile, Box 29, New Glasgow, N, S. T. C. James, Box 267, Charlottetown, P. E. l. Mrs. Hannah P. James, Box 257, Charlottetown, P. E. I. Mrs. Mary Slllikor, 81 Cottage Place, Malden, Mass. E. Milton MacQuarrle, 17 Devens St., Everett. Mass. Mrs. Nelson MacQuari~ie, 17_ Devens St.. Everett, Mus. John C. MacEachern, 406 Potter Ave., Providence, R. 1'. Mrs. Mary Mshsr, 311 Fitzroy St., Charlottetown, P. E. I. 50 per cent. stock bonus AND GUARANTEE OF50 PER CENT.AND WHATEVER MORE FOR 1915 _ Westmoreland Silver and Tip Patch Co. 70 per cent. 35 per cent. cash. Rayner International. 40 pei- cent. 20 per cent. cash. 20 per cent. deferred. R. J. McNeill Co., Ltd., 100 per cent. 50 per cent. cash. 50 per cent. stock Sha il' t$25.00 h;25 _ . ‘th li ti dth th -~ G1 akS;i;;i¥>¢I§'§irl}l;5;ituil‘iea applicatigii form) €in“dl m?£lptocaMai]o?'nC. ll/IcKinnon, Secretary-TnxliggsuI"er, en e, . . . All cheques mustbe made payable to “Glenaladale Silver Black Fox Co., Ltd.” Secretary-Treasurer “Tris GLENALADALE SILVER BLACK I hereby subscribe for.........._. ..................... _...Shares in “The Glenaladale Silver Black Fox Company, Limited,” to pay 25 per cent on application; the balance within three months . . . . . . . - . . »-..»....».....-. ..~-» ,............»...-...it A Few of our Satisfied Shareholders . . . . . . . 185'? ...dh‘;.f,‘:.i