Asprey and Co., Limited.— Directors: G. E. Asprey (Chairman), G. K. Asprey, L. C. Asprey and A. W. Hilling, the last mentioned three being Managing Directors. Secretary: E. C. C. Smith. Registered Office: 166, New Bond Street, W. Secretary's and Transfer Office: 240-246, Finsbury Pavement House, E.C.—The company was registered July 3, 1909, to acquire the business of the firm of the same name, jewellers, goldsmiths, &c. The authorised capital is £200,000 in shares of £1, half being in 55 per cent. cumulative preference, with a priority as to capital, and half ordinary, and all the preference and £80,424 of the ordinary have been issued and paid up. The accounts are made up annually to March 31, and submitted about June. In respect of the period of nine months to March 31, 1910, 93 per cent. (actual) was paid on the ordinary shares; for the years 1910-11 and 1911-12, 123 each time; for 1912-13 and 1913-14, 15; and for 1914-15, 11¼ (free of income tax). Reserve fund, £30,000 ; carried forward, £6,725. The preference dividend is paid in January and July. Voting power, one vote for each share of either class, but the preference shares only vote under special circumstances. Director’s qualification, for other than the first members of the board, 500 shares of either class. Transfer form, common; fee, 2s. 6d. Telegraphic address, Cullens, London. Telephone numbers, 8585 Gerrard ; Secretary’s Office, 1821 London Wall. The preference shares are quoted in the official list ; latest price. 20s. 3d.
With a share capital of £200,000, divided into 100,000 Five and a Half per Cent. Cumulative Preference shares and 100,000 Ordinary shares of £1 each, Asprey and Co., Limited, has been formed to take over as a going concern the well-known business of jewellers, watch and clock makers, goldsmiths and silversmiths, dressing-bag makers, cutlers, etc., carried on by Messrs. Asprey and Co., at 163-167, New Bond-street, 22, Albemarle-street, and elsewhere. The whole of the present issue of 72,000 Ordinary shares will be allotted to the vendors, and subscriptions are invited for the 100,000 Preference shares at par. On the basis of the average net profit for the past three years, the Preference dividend is abundantly covered.