562 



THE GABDENEBS' CHRONICLE. 



[Novbmbeb 17, 1888. 



SPECIAL ISSDE OF 25,000 SHARES 



Of £1 each, payable, 2s on application, 3s. on allotment, 5s. one month thereafter, and the balance of 10s. per share, 

 if required, in Calls of not more than 5s. each, of which at least two months' notice will be given ; but subscribers 

 may pay up in full on allotment, if they so desire, with full participation in profits in proportion to the amount paid. 



ONLY 10/- PER SHARE HAS BEEN CALLED UP ON FIRST ISSUE. 

 Applications will be received on and after MONDAY, up to 4 p.m. THURSDAY, November 22. 



Three-fourths of the purchase money is in Vendors' Shares, which, do not rank for Dividend until a Dividend of 10 pet- 

 Cent, has been paid on the Ordinary Shares noiv offered for subscription. 



Registered, and in operation since May, 1888. Incorporated under the Companies' Acts 1862 to 1886, whereby the liability of each 

 Shareholder is limited to the amount remaining unpaid on his Shares. 



ARMOURED 

 p HOSE COMP Y 



(LIMITED). 



During the few months in which these Hoses have been offered in England, so great has been the demand that, with existing plant and resources, it 

 has been found difficult to keep the market supplied ; and the trade now being done shows a considerable margin of profit. Orders for this Hose are daily 

 received by the Company, which are now being executed as rapidly as possible. Over fifty orders and contracts are now in hand. 



THE 



SPHINCTER 



GRIP 



mm 



CAPITAL £100.000 IN SHARES OF £1 EACH. 



DIRECTORS. 



COLONEL JAMES T. GRIFFIN (Chairman, Blackmail Ventilating Company), Oneota, Nether- 

 hall Gardens, Hampstead, N.W., Chairman. 



G. NELSON ARNOLD, Esq., M.I.M.E (Messrs. Willans, Arnold & Colley, Spanish Steel Works, 

 Sheffield), Eanmoor Mount, Sheffield. 



JOHN B. KYSHE, Esq., 5,:Princes Terrace, Princes Square, W. 



WALTER S. B. MCLAREN, Esq., M.P. (Director of Bolckow, Vaughan & Co., Limited, 

 St. James' Lodge, Delahay Street, S.W. 



M. MOW ATT, Esq. (63, Cornhill, E.C., Merchant), 47, Granville Park, Blackheath, S,E. 



BANKERS. 



NATIONAL PROVINCIAL BANK OF ENGLAND, Bishopsgate St.Within.'.E.C. and Branches. 



SOLICITORS. 



Messrs. KERLY, SON and VERDEN, 14, Great Winchester Street, E.C. 



BROKERS. 



Messrs. SCRUTTON and SON, 75, Old Broad Street, E.C. 

 Messrs. H. L. HORTON and CO., Bartholomew House, Bartholomew Lane, E.C. 



AUDITORS. 



Messrs. MONKHOUSE, GODDARD AND CO.. 28 and : 



St. Swithin's Lane, E.C. 



GENERAL MANAGER and SECRETARY. 



Mr. F. MARTEN HALE. 



OFFICES. 



63, FORE STREET, LONDON, E.C. 



Works: FARRINGDON ROAD, LONDON, E.C. 



ABRIDGED PROSPECTUS. 



PATENTS ACQUIRED.— The Company has purchased the well-known Coultatjs' Patents, 

 for the United KiDgdom and France, together with the rights for the same invention in Austria, 

 Belgium, Holland, Denmark, Norway, Sweden, Russia, Turkey, Italy, Spain, Portugal, Aus- 

 tralia, India, and the Colonies (except Canada), with the right to acquire the valuable German 

 Patents, and to develope and extend the already large sale of Sphincter Hose. 



The new issue of £25,000 is made for the express purpose of enabling the Company to extend 

 and further develope its business in England, the Continent, Colonies, and other countries 

 covered by its Patents, and to increase the existing plant to meet the demand which has ensued. 

 WHAT IS THE SPHINCTER GRIP ARMOURED HOSE?— The Sphincter Grip Armour pro- 

 cess differs in many essential and important features from other processes of coiling or adapting 

 steel wires into a spiral form, either as an armour strictly speaking, or for the purpose of a 

 spring. Under it the wire is wound around the hose, with a perfect grip, without any tendency 

 lo expand and open backwards after it has been placed in its intended position. It has been 

 found hitherto impossible to obtain this holding; tendency without fastening and securing the 

 wire at each end, whereas Hose may be armoured under these patents in any length and in any 

 size, and can be cut anywhere without loosening or uncoiling, the Sphincter Grip of the wire 

 being self-holding through its entire lengih. 



The Company's Books contain many hundred current accounts with some of the leading 

 Noblemen and Gentry, and most important Brewers, Distillers, Railway and Steamship, Mining 

 and Gas, and Water Companies, Town Councils, and Municipal Corporations, Builders, Con- 

 tractors, Mills, and Factories, &c. (List of users to complete Prospectus.) 



The Company have established Agencies in various parts of the United Kingdom, and have 

 orders in hand or executed for Australia, India, the Cape, South America, and the Continent. 



SOME ADVANTAGES OF THE SPHINCTER GRIP HOSE OVER OTHERS.— It cannot 

 Kink. More Hose is destroyed by the sudden concussion through kinking when a full velocity 

 of water is rushing through it than in actual Wear. " Kinking Destroys Hose." It will stand 

 practically unlimited pressure. The armour is a perfect protection from abrasion. It is more 

 flexible than other hoses. The flow of water is never obstructed or interrupted. Its advantages 

 over other so-called armoured hose are that — There is no oil or other obnoxious preparation in 

 the manufacture of ithe Hose ; there is no inside spiral wire to diminish and resist the flow of 

 water; it cannot collapse in ordinary use ; the Sphincter Grip Armoured Hose can.be cut any- 

 where without loosening or uncoiling, as it is self-holding throughout its entire length. The 

 cost to the consumer of Sphincter Grip Hose is no greater than that of ordinary first-class hose, 

 and for high pressures will actually be less, while its lasting qualities are many times greater. 

 As a Steam Hose it supplies a long-felt want, as it will stand practically unlimited pressure, 

 and may be used with safety and impunity. 



The Company will have the virtual monopoly of this branch of the trade ; and as an illus- 

 tration of the profit that may be reasonably anticipated, the well-known article of Garden Hose 

 may be instanced, of which upwards of 5,000,000 feet are annually manufactured in the United 

 Kingdom. The armouring of even a portion of this would be a considerable source of profit on 

 t'ie capital employed, while the hose for Railway, Mining, Manufacturing, and other purposes, 

 uf which a far larger quantity is sold, would yield a proportionate profit. In addition to this 

 there will be the trade profits to be realised on the hose itself, and from other works which the 

 Company have and will embody in their undertaking. 



See Complete Prospectus for other Sources of Profit and particulars as to the general business 

 and operations of the Company. 



COST OF PRODUCTION.— The cost of armouring hose is small. The presence of the armour 

 imparting enormous strength renders the hose practically indestructible, and allows the use of a 

 lighter rubber and less material than would be required in an unarmoured hose answering a 

 similar purpose ; hence this Hose can be manufactured and put in the market at as_cheap a rate 

 ^s any other hose. 



The price paid for the Armoured Hose Patents is £5000 in cash by instalments, and £15,000 

 in fully paid up shares. See note above. 



The Company's present plant is now in full operation, and from the Hose business alone the 

 Directors have every reason to expect that a dividend will be declared at the next ordinary 

 General Meeting. 



No promotion money has been or will be paid. 



Trade and other contracts have been entered into, particulars of which can be had on 

 application. 



Prospectuses and Forms of Application for Shares may be obtained at the offices of the 

 Company, of the Bankers, Brokers, and Solicitors, where the Memorandum and Articles of 

 Association can be seen. Where no allotment is made the deposit will be returned in full, and 

 where a less number of shares are allotted than applied for, the balance of the deposit will be 

 applied towards the payment due on allotment. 



LONDON, November, 1888. 



FORM OF APPLICATION FOR SHARES, AT PAR. 



To be sent to the Secretary, Mr. F. MARTEN HALE, at the Offices of 

 the Company, 63, Fore Street, London, E.C, who will procure and 

 forward Bankers' 1 receipt. 



ENTITLED To BE PAID UP IN FULL. 

 To the DIRECTORS of 



THE SPHINCTER GRIP ARMOUR HOSE COMPANY, LIMITED. 



Gentlemen,— 



Enclosed remittance £ being the required deposit of Two Shillings per 



Share, I beg to request that you will allot me Ordinary Shares 



of £1 each in the above-named Company, upon the terms of the Company's Prospectus, dated 

 November, 1888, and I hereby agree to accept the same or ..any smaller number that may be 

 allotted to me, and I authorise you to register me as the bolder of the said Shares. 



Dated this day of 



Name in full (with additions) 

 Address 



Profession or Occupation . 

 Signature 



