New Investment Ca. Formed in Shanghai A stock offering of the new China Bond & - Share. Ca. _was advertised in the "North-China Daily News" on April 26.
This. company is being launched in the belief that the present time affords unusual opportunities. Acquire controlling or minority. inferests in proved local enterprises, especially those with, which the la" not "ordinarily securities in ome instances may not be readily available "to. the public, "Commit. ments will be made only fi tried and proved undertakings but the direcors and management are convinced after an investigation of seve Tocal enterprises which meet the sTequirements that the company' capital can be invested very remus Because of the advantages of diversification, a holding company such as. this with participation in numer Tous selected situations is in a much stronger position than a company goneentrating on any one particular! me of business, Holders of China Bond & Share stock will be diver-"aifying their investments under experienced supervision- and will Possess an equity ultimately con stituting a cross section of vepresentative local undertakings,
advantages of large scale operations The company will benefit by the and will be able to. command the best available technical advice from experts in their respective field Its affairs will be managed by Messrs. Swan, Culbertson &Frits under the supervision of a board of directors consisting of well-known local buai-"hess men and financiers. For the first three yours the promoters, officers and directors will receive no ash remuneration and their sole compensation will be in the form of
tot-the company at the same price options {to bay the common shares at which they are offered to the "public, " This arrangement establithos. communal interest. with *mockholder and requires that thos directing the company's business must do so successfully before they receive any remuneration.
The offering is being underwritten the Chekiang Industrial Bank, 4. and Messrs, Swan, Culbertson iriiz to whom application for the aves may be made.
Text read from the printed page and cleaned; old type leaves the occasional error.