M^ jTi. j.'f xj zx 0.1 j-» T» .n. X niinr. 
le 
,, "I ""^e"'**''^'' '\ *<»'l<i be more in accordance wiUi the practice of tie British Admiralty aiid tba War Office to cive the:r crdei» 
to an I'Jighsh t ompany, than to a 3ranch of my French business. 
. r^ i"-^^ following fignres I am pleased to give you as showing the gradu^ increase and sttcoess of my French bnsjnegs since mv flight 
. frpin Caiais to Dover. . o 
SALES OF BLERIOT AEROPLANES. . 
m^ £114.668'i 
1911 £124,215 
1912 £1419041 NOTE. — These figures are prior to and 
1913 ^ '..,....' £188072! quite independent of the War. 
l^l"* '"!"!""'.!'."!!! £322'920J 
^' The last period coTers 18 months ending January 31st of the present year, 1915. 
In conclu8;on I have pleaiiure in sayinp that in concui-ring in placing my practical knowledge and expert experience at you* 
di^osal, 1 do so witii the utmost confidence in the future brilliant success of your Company 
" Yours faithfully, 
(Signed) " L. Bleriot." 
Some of the above_mentioned fignres comprise sales of machines, parts of machines, and accessories delivered to the English woiks. Tho 
•gures nave fc«n verified by Messrs. Marwick, Mitchell, Peat & Co., Chartered Accountants, and are -.-ikulated at the rate of 25 frs. to the £1. 
!f^*\?- ™*"" »"? C«-. Chartered AccountanU. of 44, Bedford Row, London, W.C, certi.y as follows :— 
.. n *'''|.^"'«'^''='^» w 'lie Bleriot Manufacturing Aircraft Company, Ltd., London. 
XJear . irs, ...... ' " May 28th, 1915. 
^A «,.j il^ """^ ,!" ^'""" '»*t™ctiona, we have examined tho Books of Accounts of the BLERfOT business carried on in England, 
and nnd that same have been regularly kept, and show clearly the conduct and growth of the business since its foundation, and we hav4 
ciu-ef ully analysed all capital outlay. 
» t' ^^f business, which was esUblished in EngUujd in 1910 at the commencement of the aviation industry, increased to such an 
extent, and the demand became so great for Bleriot Aeroplanes, that, in order to save packing, freight, carriage and risk, and the delay 
consequent on transmission of goods from France, works were establislied and equipped in this country in 1913, and the business o£ 
■»aJinf»rtunng was m full working order in March of last vear. 
"We certify that the act preSts for the period 0112 raaaths ending 3l»t March, 1915, amounted to £39,393 I7«. I»d. 
"Youis faithfully, 
(Signed) " H. Hackett and Co., 
~, n* i I L ■ "Chartered Accountants." 
t lJ»rw.-tor» are of the opinion that, having regard to the working capital to be introduced from this issue, allowing for «M«nsioi» 
M works and laying down of additional machinery, the turnover will be materially increased without adding appreciably to the administration 
apttoses. Iha (uture profits therefore should be largely in excess of those certified, but the Directors are content to base their estimatoa 
on the actca! profits made during tho 12 months ending 31st March, 1915. 
fhe returns to shareholders would therefore be 
Certified profits £38,393 
Leaa proviaion fw IHroctors' Fee* ... .„ ... £1,500 
£37,893 
One quarter of such profit* payable to M. Bleriot, co long as he is the registered proprietor of 
shares of the total nominal value of £40,000 in ihe capital of the Company £9,473 
Comulativo dividend of 10% on say 95,000 cumulative and ] I EQUALS A 
participating ordinary shares £9,500 £15,176 0- RETURN OF 
Participating dividend on such Shares £5,676 OJ ( OVER 15^ 
Dividend on the Deferred Ordinary Shares £13,244.0 
: .1. o/ 
£37,895 
Tha above fignres show to every shareholder who applies for the proportion of Deferred Ordinary Shares to which he is entitled, a return of 
•xet fifttea and oncbalf per cent. (15^%) on the £1 Shares, and over sixtyUve per cent, on the Deferred Ordinary Shares. 
These substantial profits earned by the English business, viz. : £39.393 17 10 fur the year ending 31.st Mar.-h, 1915, without the proposed 
extensions show fuU and ample security to the Shareholders for payment of the Priority dividend ; such fixed di\ ideiid being aheady covered 
Dearly three times over by the present earnings. 
Bleriot aeroplanes have established a great reputation. It is claimed by this Company that the latest improved Bleriot biplane will have 
no auperlor, and with the excellence of the British and Allied flying m-vn extraordinary results are confidently expected. 
Agreeably with the terms of the sanction given by the Trea^iury to this Capital Issue, application will be made after the distribution of the" 
ahare certificates for the permission of the Committee of the London' Stock Exchange for dealings in the shares now offered for subscription. 
Tha Treasury lias been consulted under the Notification of the 18th January, 1915, and raises no objection to this Issue. It must be dis- 
tinctly understood that in considering whetlier they have or have not any objections to New Issues the Treasury docs not take any responsi- 
bility for the financial soundneiis of any Schemes, or for the correctness of any of the statements made or opinions expressed with regard to 
them. 
ACHIEVEMENTS. 
The Royal Aero Club for the United Kingdom report states that Bleriot machines 4iave made re<ords for the hii^hest altitude (namely, 
l4,9Mft. last year) and speed in Great Britain. In the Paris to Rome flight Bleriot machines finished first and second. In the circuit of Great 
Britain of 1,010 miles a Bleriot machine gained the Daily Mail prize, and in the Petrograd to Moscow flight a Bleriot machine finished fire*. 
M. Chereau, of the English Bieriot Work?, statee: 
The first mtin to croae ifao English (.-hannel was M. Louis Bleriot. on ft 
BLERIOT, fitted with a 25 H.P. Engine. 
Th« »«cond croseinK of the Channel was made by Count de Lesseps. on a 
BLERIOT, 50 H.P. Ensine. 
Th« tust man to cross tho English Channel with a passenger was Mr. 
Moieant, aUo on a BLERIOT. 
The first Non-Stop Journey from London to Paris was made on a BLERIOT 
by Mr. Prier. 
The first crossing of the Irish Channel was made by Mr. Corbett Wilscn, 
on a BLERIOT. 
The eecond cro=taing wa» also made by Mr. Corbett Wilson on a BLERIOT. 
The first croaeing of the Alps wa-s also made on. a BLERIOT. 
Tbe first crodsing of the North Sea from Englajid to Norway was made by 
Lieut. Gran on a BLERIOT. 
Tlw first Lady Pilot to cross the Channel was Kiss Quimby, also on a 
BLERIOT 
And a third crossing of the Irish Chaunel was made by Mr. Mellir., also 
on a BLERIOT 
The Record Flight from Ijondon to Paris stand.s Unbeaten in the name of 
Mr. H. SaJmet, on a BLERIOT. 
The Circuit of Great Britain fcr the £10.000 Daily .Va?'I prize wae also 
Tvon on a BLERIOT by M. Beaumont, who was afterwards received 
by His Majesty, King George, at Buckingham Palace. 
The Circtiit of Europe was also won by M. Beaunicnton a BLERIOT, and 
he also won th.e Great Race from London to Turin. 
The BLERIOT waa also the first machine lo {le.-iit.mstrate the possibilitiea 
oi *' Looping the Loop *' and " Pi>sido Down Flying." 
The "great Non-Stop Plight from Dover- to the ?€ppcHn Sheds at Colcgn© 
wafi also achieved by M. Ha.mel with a paeecneer, on a BLEBIOT. 
AU the BLERIOTS end BLERIOT built raachlr.e.s, both Bipl&nei and 
Monoplanes, are being taken by the Allies and use<i in the War in 
increasing numbers. They are credited with many wcnder.'ul ac-bieve- 
ments, ae seen in the Daily Papers. 
This Application Form may bs used for Ten Per Cent. Cumulative and Participating Ordinary Shares of £1 each. 
THE BLERIOT MANUFACTURING AIRCRAFT CO., LTD. 
( JncoritordteU i ndev the d^mpanUs AcU, isos and iSiO '. 
Oa>X>i'tia'l - - ~ slS200,000. 
Divided into 1 80,000 Ten Per Cent. Cumulative & Participating Ordinary Shares of £ 1 each, and £20,000 in Deferred Ordinary Shares of 1 /- each 
ISSUE of 95.000 10% CUMULATIVE and PABTICIPATINO ORDINAEY SHARKS Ob" XI EACH. 
To the Director.i of The Bi.eriot Manot.^cttjeing Aircraft CoMPANr, LrwiTED. 
Gentlemen, Having paid to your Bankers the sum of £ •■■■■ being a deposit of 2/6 per Share on 
; 10% Cmnulative and Participating Ordinary Shares of £1 each in the above-named Company. I request 
you to aliot me that number of Shares on the terms of the Prospectus issued by you, dated 21»t June, 1915, an 1 of the Memorandum and Aiticloa 
of Association of the Company, and I hereby agree to accept the same, or any smaller number that may be allotted to me, and to pay the 
balance of 17/6 per Share as provided by the said Prospectus, and I authorise you to place my name on the Register of Members in respect of 
the Sharea so allotted. 
'.Vame (in full) ,......"...■. 
rieaic 
■Write 
Distinctly. 
(Mr., Mn., or Miss) 
Addresi '■ ..•...-...■.-.....•. ■■- '■■■'■ 
Description ■' '• • 
Viuci Signature .'. •••••• ••. ■■•• 
Dote .;...■..,.:.;,:,.;..;...;..;;.....,...:....:.!... ;;...c..-......v.«.v.il.;.ij...L«J>r5. 
Full Prospectutea and Forms of Application can be obtained at the Offices of the Companir,or from this BaiiktriV So 
