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MOTION PICTURE INDUSTRY
Increase of Capital from £50,000 to £250,000
NATIONAL STUDIOS LIMITED
(Motion Picture Studios, Pagewood, Sydney)
Registered under the Companies Acts of New South Wales, 1899-1918
A GOOD PROFIT HAS
National Studios Limited have been operating under full production since their opening, and a good profit has already been made. So successful haue these operations been and so much enhanced are the pros- pects of the Company by the Film Quota Act, that it has been decided to increase the Capital lo £250,000, and thus ensure a continuity of Production and enable the Company to erect additional buildings and purchase additional equipment, etc., as
Nominal Capital.r£ 250,000
250,000 Shares of £1 each, as follows:
30,000 Shares already allotted . £30,000 100,000 Further Shares now offered for public subscription _ £100,000
120,000 Shares held In reserve . £120,000
C. M. O. SHANNON, Esq., 369 George Street, Sydney.
Hon. Sir SAMUEL WÄLDER. M.L.C., Pitt Street, Sydney.
. , Sir JOHN HARRISON, K.B.E., 31 Hunter Street, Sydney.
Sir JAMES MURDOCH, K.B.E., C.M.G., Park Street Sydney.
GEORGE WIRTH, Esq., 80 Beach Road, Darling Point, Sydney.
FREDERICK G. S. DAVIES, 3 Manning Road, Woollahra, Sydney.
Messrs. FISHER and MACANSH, 72 King Street, Sydney.
BANIC OF NEW SOUTH WALES, Head Office, George Street, Sydney.
Messrs. C, A. LE MAISTRE WALKER, SON and CO., Chartered Accountants (Aust.), 115 Pitt Street, Sydney.
Secretary and Registered Oftlce:
C. R. M. SHANNON, A.C.A. (Aust.), Messrs. Shannon and Dickins,
Chartered Accountants (Aust.), 369 George Street, Sydney.
National Studios Limited, at their incep- tion, by very special arrangements with the Gaumont British Picture Corporation Studios In England, were able to bring to Sydney, the most modern Studio Plans, Equipment and Systems. In fact, National Studios, built on 226 acres of land at Pagewood, is classed by Hollywood and English experts as the most modern and
efficient in the world.
Feature pictures, notably Mr. Charles Chauvel's "Uncivilised" for Expeditionary Films Limited; and "The Flying Doctor" by National Productions Ltd. (in associa- tion with Gaumont British Picture Corpo- ration, London); have been successfully produced in National Studios at Page- wood, Sydney.
The importation by National Productions Limited for the production of "The Flying Doctor" of Charles Farrell and of overseas Director and Technicians, amongst whom were Mr. Miles Mander, Director, Captain J. O. C. Orton, Scenarist and Editor, and Mr. Derek Williams, Lighting Expert, has already brought to the Studios both in Australia and New Zealand, and particularly England and America, considerable publicity, and this will be further supple- mented when the picture is exhibited in those various countries.
OBJECTS OF THE COMPANY
It is now the intention of the Company to extend its ramifications to produce films for Distribution both here and abroad, and to arrange the importation from time to time of such Directors and feature artists as may be suitable for leading roles in production, and to utilise and build up Australian artists for the Company's productions.
Contracts with Independent Producers already in an advanced stage of finalisa- tion, plus the opportunity created by the Film Quota Act to commence the produc- tion of pictures of a high standard, make it eminently desirable to erect further buildings and to purchase additional equipment and plant, etc. This additional equipment, buildings and plant would enable the company almost to double the present revenue from leasing the studios with only a small increase in overhead.
FILM QUOTA ACT
The Film Quota Act came into force on January 1st, 1936. Under that Act it is compulsory that in the first year of operation 5 per cent, of the films distri- buted must be Australian productions, the percentage to increase yearly for five years when it becomes 15 per cent. Under the Act approximately twenty Australian
pictures are required to be produced in 1936, and on the assumption of present total importation, this number increases to thirty in 1937, forty in 1938, fifty ia 1939, and sixty In 1940.
Undoubtedly there was never a more opportune moment for the establishing of the making of Moving Pictures on a large scale in N.S.W. In England and America the concentration of Picture Production has proved more economical than having Studios scattered in various centres. There Is not the slightest doubt that Pagewood will become the Hollywood of Australia. The establishment of a large and expand- ing film colony has started and continuous film production will further establish Pagewood as the centre of the Australian Motion Picture Industry.
APPLICATIONS FOR SHARES
The Company's Prospectus and Share Application Forms may be obtained from all members of the Stock Exchange and from the Secretary, National Studios Limited, City Office, 369 George Street,
NO CASH CONSIDERATION HAS BEEN GRANTED TO ANYBODY IN CONNECTION WITH THE PROMOTION OE THE COMPANY,
The Directors extend an invitation to protpective inre»tor» to flew the Studio*;
/?Jj* y arrangement» will be made by the Secretary at the Company'» City Office, 369 < ^^HÍfC
George Street, Sydney.