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13848792
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13848792
Mary Evans Picture Library makes available wonderful images created for people to enjoy over the centuries
Media ID 32293092
© Aviation Ancestry
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VISUAL DESCRIPTION
The image shows a scanned document titled "AMENDED PROSPECTUS" for the company "WHITEHEAD AIRCRAFT (1917) LTD. " The prospectus details an offering of capital shares, with the total capital being £1, 000, 000 divided into various types of shares. It lists 450, 000 10% cumulative preference shares at £1 each and 100, 000 deferred ordinary shares at 5s. per share. The text is dense and filled with financial terms and conditions related to the share offering. There are several sections outlining different aspects such as 'Directors', 'Bankers', 'Solicitors', etc. , along with names associated with those roles. Additionally, there's information on application and allotment procedures for potential investors. At the bottom part of the document, tables outline application fees for different numbers of preference shares ranging from 50 to 5000 shares. A section labeled "AGREEMENTS, " followed by another titled "PROFITS, " provides further details about agreements entered into by the company and profit projections or statements. On the right side margin is a list that appears to be instructions or notes related to filling out applications for purchasing these securities. Overall, this historical document offers insight into early-20th-century corporate finance practices within the aviation industry in Britain during World War I era when aircraft manufacturing was becoming increasingly important due to its military applications.
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