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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,