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The company will be capitilized at $6_z 5,000 divid3` into 6250 shares of $100 each. The Dalton Ranch hardly needs an introduction as the name “Dalton” is synonomous with all that is best in re-
gard to Silver Black Foxes. _ - 4
For the iinest ualit of Silver Black Fox Fur the world has been looking and still must look to the Dalton
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Ranch. . Proof of this claim is _furnished by the fact that the Dalton Ranch holds the woi‘ld’s record for the price of Sil- ver Black Fox Pelts, and the London market reports show that whenever the pelts from this ranch were offered for sale
they always commanded the highest prices.
The Foxes
_There are now twenty pairs ot Foxes in t_he ranch being taken over by this company all tested breeders with the
exception of two young pairs, (which are replacing two_old pairs] each female having given birth to one or more litters of pups all closely related to the ioxes from which the skins were taken that produced the world's records betore mentioned,
1 The Terms of Purchase
The syndicate takes over the entire plant, good will_and ranch of Mr. Chas, Dalton., comprising tive acres of
land with all equipment contained thereon. . -
The syndicate has the sole right of the use of the name “Chas Dalton” in the Fox Ranching business.
Mr. Chas. Dalton to remain with the company as Ranch Manager ior the term of one year or longer if required.
. An U -To-Date Ranch
Mr. Chas. Dalton has been raising Silver Black Foxes for twenty-tive years, being the pioneer of this industry, and has made their habits and requirements his life
cili ` h` h c ssar to roduce the ver best results The ranch
study, and there is no other man in the world so qualified to build and equip a ranch with all the fa ties w ic are so ne e y p y _ is titled with all. modern appliances calculated to insure the safety of the foxes from injury and disease. The dens are built with the sole idea of comfort and seclusion and the conditions of fox life in its natural state predominate, thus eliniinatinga to great extent the danger of loss during the critical periods of the breeding season.
` The Location of Ranch
h ' lo d th fa ni of Mr Chas Dalton about a half mile from Tignisli Station It is five acres in extent being fully covered by what is known as
_ The Rane is cate on e r . . . _
second growth of hard and soft wood, completely enclosed in board and wire fencing. The fact that there are no large woods in close proximity to the ranch minimizes the
danger of loss by bush fires
B it Probable Financial Returns
When considering this proposition as an investment don’t lose sight of the fact that Mr. Dalton guarantees an- increase oi’ not less than 50 young foxes to be raised
d f the urchase rice, thus guaranteeing for the first year
to ]uly I, 1913. For every young one under this number he agrees to pay in cash to the propose company $5000 0 p _ p _ _ _ $2 50,000 dividends on a basis of $10,000 a pair, which in view ot' the prices now being paid is a very conservative estimate. This is the minimum estimate of dividends, which
el sure will be reatl increased, because instead of 50 young foxes there should be at least 75 come to maturity, and based on an estimate of $10,000 a pair would net the _
we fe I g y . company the handsome sum of $37 5,000 or 62 p. c. on the capital invested.
As An Investment Based The Value Of Pelts
While the object of this company is to raise and sell Foxes forbreeding purposes, ie .
market value of pelts, the following iigures will show where the Dalton product will stand. In the year 1910 Mr. Dalton, placed on the London Fur Market twenty-four silver _
black pelts which brought an average of $1,400 a pelt. _ _
This was the last time that Mr. Dalton placed pelts on the market with the exception of the present year when he tested the market with one p.~lt which brought £410
or $1995.30, showing conclusively that the pelts from this ranch command the highest price that the market affords.
` h lo st estimate of roduction vit: 50 pelts at the conservative estimate of $1400 each, this will net the company $70,000 or 11% per cent. on the cap-
’ ‘ ‘ ' ~ ' - 'd th ‘h
Take then t e we p
ital invested, and if the production reaches the normal estimate of 75 pelts, the dividend would be increased by 50 p. c. representing a profit of 17 p. c. to be pai to e s are
0 Ranch Expenses ,
The expenses of running the ranch are estimated at 2 p. c. of the estimated iinancial returns, so it will be readily seen by intending investors, iliat there is a saving
h e of 23 p, c. as compared with the ordinary Fox ranch propositions, where the ranch owner gets every 4th pup or 25 p. c. of the market value, and in some cases a saving of
oiidr 31 p. c where the ranch owner demands every third pup or 33 I-3 p. c. of the market value. g
7 , / A plications For Stock
Application for stock may be made to Hon. CH. Dalton, Tignish, Warburton 8: Shaw, Ch'to\vn, W. B. Prowse, Ch’town, and any branch of the Canadian Bank of
Commerce on P. E.ISla11d-
R Payments ‘ 1 - 1o‘p. c. of the subscribed amount must accompany all applications for stock (which in case stock not being
allotted will be returned) the balance to be paid on Dec Ist, 1912 7 The Provisional Directors. are ilion. Chas. Dalton, President, Mr. W. B. Prowse, S`ec"y
if B B c Treas Mr. A. B. Warburton, Solicitor
Intending. investors miist get theii application in at once as the stock is selling very fast. Don’t listen to the
knockers. We have the name and the game, and they know it. Tomorrow may be too late so subscribe today for what-.
ever you can afford; , ' 1 , .
' " ' ' ` d t th Canadian ublie and therefore presents the
‘ "I`his,is the best S'ilver`Black Fox proposition ever presents 0 e _ p , _ best opportunity for investors of either large or small amounts, to share in the immense profits being reaped from the
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