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_ PRosPEcTU,s_oFPROPOSED

Head Office At Charlottetown

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_ _ Capital Stock »

D The- company will..be capitilized at $62 5,000 divided into 62 50 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. 5 -5# _ -~ _ _ ' _ ` For the finest quality of Silver Black Fox Fur the world has been looking and still must look to the Dalton i Ranch. Proof _of this clairn.is_ furnished by the fact thatthe Dalton Ranch holds the world’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 olfered for sale '

_they always commanded the highest prices. A ` _.

_ _ The Foxes _ There are now twenty pairs oi Foxes in the 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 foxes from which the skins were taken that produced the w0rld’s records beiore mentioned,

_ . I .

_ The Terms of Purchase _

V The syndicate takes over the entire plant, good will and ranch of Mr. Chas. Dalton, comprising Eve acres of

land withall equipment contained thereon. ~ ~ » D

The syndicate has a sole right of the use of the name “Ch as. Dalton" in the Fox Ranching business.

` Mr. Chas Dalton to remain with thecompany as Ranch Manager for the term of one year, or longer if required.

7 5 AI1_Ul1'T0f&1i.€ `

i ' il' l`Mr."‘CliasL Dalton has been ra-isliig Silver. Black Foxes for twenty-live years, being 'the pioneer of this industry, and has made their habits and requirements his life study, and lthere is. noother man in the world so qualifiedto build and equip a ,ranch _with all the facilities which are so necessary to produce the very best results. The ranch is litted with all modern appliances calculatedto insure the safety of the foxes from injury and' disease. Tlie_dens are built with the sole idea of comfort and seclusion and the conditions of fox life in its natural state predominate, thus eliminating to a great extent the danger of loss during the critical periods of the breeding season.

N Th L A t' ’n of Ranch

The Ranch is located on the farm of Mt. Chas. Dalton ab out a half mile from Tignish Station It is five acres in extent being fully covered by what is known as

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. li ‘ ’ t ‘

P ob bl F' anc°al Returns N

` ‘° When considering this proposition as an investment don't lose sight of the factthat Mr. Dalton guarantees an increase of not less than 50 young foxes to be raised to']uly 1, 1913, For every young one under this number he agrees to pay in cash to th_e proposed company $5000 of the purchase price,_th_us guaranteeing for the first year $2 50,000 dividends on a basiseof $10 ooo afpair, which in view of the prices now being paid is a very conservative estimate. This is the minimum estimate of dividends, which we feel sure will be greatly increased. becanse 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 get the company the handsome sum of $375,000 or 62 p. c. on the capital invested. ~ . ' \

D Ah ln.vest_ment Based On The Value Pelts

i r Wh'l th b' t f thi ‘ m 'n is=to_‘raise and sell Foxes for breeding purposes if the time ever comes when the estimated value of dividends will be based on the ' 'market valuelotl pelt(;,Jte}ice lJollo'wsii:g)‘iil;i1rZs will show where the Dalton product will stand. ,In the year '19io Mr. Daltonplaced on the London Fur Market twenty-four silver

' 1 h' h b ht 1 f$1‘_ooa elt. ' ' ~ 7 _

black Pe lleliis incras tliiilgist lliIii:;‘§l1i;§l\/Ili‘. Dailltbn plldced pelts on the market with the exception of the present year when he tested the market with one p.-lt which brought {4io

‘_ h ' 1 i l -that th ltsfrom this ranch command the highest price that the market affords. _

pr M995 §I?ri.l§el:‘lii:1i1gtll(;nl(i::vivi;s`l'¢i:`s}limate ofeplieoduction viz: 5o‘pelts at the conservative estimate of $_i4o0 each, this will net the company $7o,oco or ri% per cent. on the cap- ital invested,'_and if the production reaches the normal estimate of 75 pelts, the dividendwould be increased by 50 p. _c. representing a profit of 17 p. c. to be paid tothe share

holders. 7 _ ’ _

D The expenses of running the raiicli are éstimated at 2 p. c. ofthe estimated financial returns, so it will be readily seen by intending investors, that there is a saving

here of bg, p"'c`.'t¢s coinpared with tl1é'oi'd`ina_ry F05: 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 over 3! p. c .where the ranch owner dem ands everythird pup or 33 I-3 p. C. of the market Vallw-

1 H Q ° l°ca° t°on For Stock `

Alpplication for stock may betmadel to Hon. Chas. Dalton, Tignisb, Warburton 8z Shaw, Ch'town, W. B. Prowse, Ch‘town, and any branch of the Canadian Bank of

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N Paym D

H19 P, ¢'.. of the subscribed a_rn0unt,must all .applications for stock (which in case stock not being

allotted will be returned) the" balance be paid on Dec Ist, 1912 A _ A

Directors _ 5 . . _ Prowse; Sec`y' Trans... Mr. LA' ~ B. Wiirhiirtoil; Solicitor. "

as the very fast. _Don’t listen to the knockers. We have the name and the game, and they

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pgblic, and therefore presents the best opportunity for investors of either large or small

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