Quong Tart
Prospectus
of the
Quong Tart Tea Company
Limited.
{TO BE REGISTERED UNDER THE COMPANIES ACT.}
Nominal Capital £20,000 : in 20,000 Shares of £1 each.
First issue of 15,000 Shares, payable 2s.6d. per Share on applicaton, 2s.6d. per Share on allotment. It is anticipated that it will not be necessary to call up, for a considerable time, more than 10s. per Share.
Of the 15,000 Shares, Mr. Quong Tart accepts 4,000 fully paid Shares without any cash for the goodwill, leaving 11,000 Shares of first issue to be offered to the public.
The whole of the application and allotment money will be placed to the credit of the Company without any deduction beyond the actual expenses relating to the formation and registration of the Company.
Managing Director:
Mr QUONG TART.
{Two other Directors to be elected by Shareholders after formation of the Company}
Bankers :
BANK OF NEW ZEALAND.
Solicitors :
MESSRS. MINTER, SIMPSON & CO.
Temporary Offices :
137 KING STREET, SYDNEY.
The Company is being formed for the following purposes :-To carry on business as Tea Merchants; to import Teas and realise same, both in bulk and packets; and, if thought advisable, to carry on business as Merchants, including the sale of every description of marketable commodities, wholesale or retail.
The name of Mr. Quong Tart being so well known, and his Tea bearing such an excellent reputation throughout New South Wales, the trade is practically assured. All the Teas used and sold by Mr. Quong Tart in his well-known establishments will be bought from the Company. Mr. Quong Tart, who started in 1881, having 19 years' experience, is in a position to import Teas of the highest quality at the lowest possible cost, which will ensure to the Company a very satisfactory margin of profit, and at the same time admit of the best class of Teas being sold to the public at prices which should be withn the reach of all consumers. It is intended, on the formation of the Company, to grant to Shareholders who purchase Tea,
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