for the region. Foundation of Qantas After reuniting at the Cloncurry Post Office, McGinness and Fysh started to make plans to build their airline service, confident in the future of commercial aviation. Writing about his experiences in the outback in his autobiography, Fysh commented that: Earlier on, McGinness had met a grazier, Fergus McMaster, when McMaster's car axle had broken down on a bed in Cloncurry River. McGinness fixed the car, gaining the respect of McMaster. McGinness and Fysh headed off to Brisbane, further developing their plan along the way. Coincidentally, McMaster also went to Brisbane. Upon realising this, Fysh and McGinness, explained their airline plans to him. The initial plans for the airline service consisted of joyriding, air taxi trips and charter services spanning the Northern Territory— Western Queensland region of Australia. As a result, on 20 June 1920 in Brisbane's Gresham Hotel, McGinness, Fysh, McMaster and Alan Campbell, an adviser for the Queensland Primary Producers, began to register the new airline company. The registration of the company was not finalised that day. It took several months before a name and the necessary funds were found for the business. Funds for the company were lacking. Demonstrating his faith in the airline, Fysh invested his savings of £A500 (£400 sterlings), while McGinness invested £1000. After being contacted by the group, Arthur Baird joined them in the idea, once again closing his garage business. A main investor for Qantas was Ainslie Templeton, a friend of Fergus McMaster and a woolgrower in the Longreach district, who promised to match McMaster's investments in the "air service project", upon being told of the idea. Fysh and McGinness then traveled through the towns in the Northern Territory and Queensland, asking for investments for the airline. They were met with positive responses. After observing a shareholder writing "Donation" across the cheque butt, Fysh wrote: After trying many different names for the company, the Queensland And Northern Territory Aerial Services Limited or Qantas was chosen, a name that McMaster later stated was created "with Anzac as its inspiring factor". Qantas was formed on 16 November 1920, with Fysh, McGinness, McMaster, Ainslie Templeton, and Alan Campbell in the Gresham Hotel, with an initial paid-up capital of £A6,700 (£5,360 sterlings). The job of executive chairman of the airline was given to McMaster, with Winton becoming the head office and "the official birthplace of Qantas". Partially due to McMaster's intervention,