The Dorset County Express and Agricultural Gazette.
Dorchester, Dorset, England, 1874-08-11 00:00:00

THE FINANCIAL AND INVESTORS'
PROTECTION ASSOCIATION,

LIMITIII.

CAPITAL, ONE MILLION STERLING.
Divided into 1,000,000 Shares of El each.

Five Shillings per Share, payable on application. and
the balance as required, Subscribers having the option
of paying up in full on allotment, receiving 5 per cent.
interest on all amounts paid in advance of calls.
Investors may bei,iine Members of the Association
(without beim: Shareholders or incurring any liability)
on payment of Five Shillings registration lee. Such
Members will receive notices of and (together with
Shareholders) priority .4 allotment in all Companies
approved by the Association to which they desire to
subscribe.

CoVIANING corsol.

Ion! Charlea Ilfre.for,l, R.N., M.P., Marlborough

flub, S.W.
Henry Beckwith, Est, Hyde Vale, BsThant.
John Henry (:reen, Esq., Peng. Park, Anerley.
dames Green. RN., Portsmouth House, Todmorden.
Samuel W. Hyde Esq.., Rest India Avenue, KC.
George Ifedges, }stale Wharf, K
dames Hartley, Esq., Cotton Spinner, Oldham.
Robert Knowles, Esq., Meadow Side, Bolton.
Major-General C. Louis, 88, Regent-street, W.
.lolin leather, Esq., Newton Hall, Leeds.
Sir John Misdeal!, F.S.A., Pallingsaick Lodge,

Hammen=lilt.
Thos. McClure, Eau., 37, Aldermanbury, E.('.
George Ogle, Req., Rothbury, Putney.
George E. Priee.-Boi., M.P., Carlton Club.
Thomaa Painter, Esq., ii'., Bodlindeh, Wrexham.
Sir Edwin Pearson, F.R.S., Wimbledon.
Heerjeebhoy Ruatomjee, Paten, Merchant, London
and Bombay.
W. Ratcliffe, Esq. Richmombroad, Putney.
Edward J. Rolls. Racy Athol House, Gravesend.
Hugh Roberta, Ron., ottington, near Bury.
Arthur Vincent, Esq., 14, Serle.street, W.C.
Colonel Wetnye, Alexandra Had. Finchley.
J. C. Wilkinson, Esq., RN., Naval and Military
Club.
(Wilk power to ri,hl to their erseber.)

CO3OIIIIEZ OY NAIYAGINLYT.
Lord Charles Beresford, M P.
Major-General Charles Louia.
Sir John Maclean, F.R.A.
George E. Price, Esq.. M.P.
Sir Edwin Peamon.
William Ratcliffe, F..eq.
(With power to add.)

BANIC6R/l.

London : Messy*. BARCLAY, Bev.ut, and Co., 74,
bombard-street, EC.
.Aberdern : North of Scotland Bank.
Birmingham : Birmingham Town and District Bank-
ing Company.
Manchester • Manchester and Salford Bank.

moi.terrolUi.
Mesbrs. iIARRINON, Walbrook, E.C.

NICCKETARY.
JILINGILR E. STMONS, Esq.

TEMPORARY OPPICER.
11, AUSTIN FRI ARs rAssAGE, C., 151, STRAND, W.C.
Maur/wider : 2, ST. ANN'S PENAL

ATOM NI ED rEoPIPTCTIII.
From 'statistics' carefully compiled, it has been ascer-
tained that the number of Joint Stock Companies
registered during the past ten arol-a half years, exceeds
aYN thooarstol ere Auoutrrd, with a growl capital of
over 1,070 millions sterling.
It will thus be seen that a very large portion of the
surplus capital of this country is being regularly
invested in Joint Stock enterprise. A perusal of almost
every daily paper will show how the opportunities for
the investment of capital afforded by this class of
security have been abused, and it is becoming patent
that a majority of the companies brought forward are
merely formed for the purview of enriching promoters,
many of them being rank swindles, while those Com-
panies which are promoted with really fair proepects
of success, stniggle into existence with the double
burden of enormous preliminary expenses, and the
exorbitant profits required by those who promote
them.
To the pernicious system alluded to may be attri-
buted the failure and consequent winding up of many
concerns, which would, if introduced under more
favourable circumstances, have proved highly pros-
person. lt is imperative that • better system should be in-
augurated, in order that investor,' should be protected
from the outrageous robberies which are annually
penetrated by so-called promoters. The FINANCIAL
AND INVENTORS' FRoTECTION ASSOCIATIoN, LIMITED, ill
being formed to effect this by introducing toed fide
undertaking* to its Skorrholdrrs and Metol,nv. Its
primary object is to secure the co-operation of Investors
and to create an organization eufficiently powerful to
protect their intereste.
Properties offered to the Association for transfer to
Companies, will first be carefully investigated by the
M sc iric roux irate, who will reject those the prices
of which they consider excessive and thoee unsuitable
to be worked by Public Connianies. Cpon each of the
remainder • printed report will be forwarded to every
member of the Goveszviso Caveat, who will alter.
wards be summoned to decide as to the desirability of
their introduction, or to order such further inquirieem
they may deem neawaary. No NEW INvTATERsTm
WILL BE BO vol SUBSCRIPTION ar rnellasscixo
roMMITTICE 1-14TIL THAT HAVE BEEN SANCTIONED RT THE
GoVERNING CoCINCIL.
The Managing Committee and Governing conecii
will receive neither Salaries nor Fees, but their service,
will be paid for solely by • Commission on the profite,
and they will be absolutely unremunerated in any
year until • minimum dividend of five per cent, has
been secured to the Shareholders.
The arrangements made constitute a permanent safe-
guard against the payment of Directors' and Managers'
Salaries out Id capital, awl thrortiAota the directorate
rind daft/se role will be inflexible that instant disquati-
%cotton or dismissal will follow the diarorery of the
.oereptamer of any paypiwnt or adrantage wisatsortrr, un-
known to the Assorintion, ettlettlated to bins dic judgment
of the reripient with regard to its affairs.
It is believed that the formation of this Association
will be hailed with satisfaction by all classes of
Investors, and that it will supply a want of very great
importance. In no other way can the aipitalists of the
richest community in the world he so thoroughly pro-
tected from the frauds and schemes which are hourly
Icing plrolllnikrAted. IT IS THEREFORE DESIRABLE THAT
WRIT FERSoII WHO HAS A Suartue Incous OR MONET
To INVEST, aHOCt.i)HtnBCRIisI FOR AT LEAdr ONE SHARI,
RECoME • MIXERS Or THE ASSOCIATION BY rATING
THE REGISTEATI,oN Fez or Five SHILLING&
Despite the fact that infinitely smaller commissions
will be charged by the Association for the formation
44 the Companies introduced through its influence than
Is paeible under the present system, considerable
nrefite may he fairly anticipated by the shareholders,
wham principal advantage however, will consist in the
sortunities to be periodiCally afforded them for the
safe and profitable investment of their capital in con-
OMNI that have in every respect preciously undergone
the strictest scrutiny.
The hulk of the Surplus Capital of the Association
will be employed in Government stocks and other high
class securities which will he deposited at the Bankers
in the names of the Trustees, and no investment will
be made or varied without the approval of three
-
fourths of the Managing Couunittee present at meet-
ings at which each business is under consideration,
while not more than one-tenth of the Capital can be
invaded in eny one stock or security. The net profits
of the Association, including the dividends upon such
investments, will be divided amongst the Shareholders
half-yearly.
The Articles of Aseociatiwa may be seen at the offices
f the Solicitors. Prospectuses and forms of a
tion for shares may be obtained from any litare
bankers, or at the ACES of the haeociatioa.