Page 3 Advertisements Column 1

Bay of Plenty Beacon, Volume 4, Issue 137, 4 August 1941, Page 3

DOMINION OF NEW ZEALAND K3: fesiF a NEW ZEALAND GOVERNMENT WAR IMN Authorized to be raised in accordance with the provisions of the New Zealand Loans Act, I 932, whereby the interest and principal are a direct charge upon the public revenues of the Dominion. Issue of £ 10,000,000 in either of the following forms: 2i2 per cent. Stock repayable Ist August, 1946 3 per cent. Stock repayable Ist August, 1951/54 First interest payment Ist February, 1942, on - First interest payment ht February, 1942, on - Fully-paid Allotments £1-5-0 per cent. Fully-paid Allotments £1-10-0 per cent. Instalment Allotments £3-35-6 per cent. Instalment Allotments £0-18-6 per cent.. interest payable, Ist February and Ist August KIICI ISSUE I £10© FEU CfEHTo Payable as follows: (a) For Fully-paid Allotments full issue price is payable on application. (b) For Instalment Allotments : £20 per cent, is payable on application. £30 per cent, is payable Wednesday, Ist October, 1941. £30 per cent, is payable Monday, 3rd November, 1941. £20 per cent, is payable Monday, Ist December, 1941. £fOO per cent. Loan opens Ist August, 1941: Closes 2nd September, 1941 The Minister of Finance reserves the right to close at an earlier date. The Reserve Bank of New Zealand has been authorized by the Minister coupons annexed to the Certificates. The interest due Ist February, 1942, of Finance ,o receive applications for the issue of £.0,000,000 New ZeaW on AJIo tl _f " Government Stock as above. « . « PURPOSE OF LOAN The proceeds of the issue will be paid into the REGISTRATION OF STOCK. Stock will be registered m the names i- * * i ,?i j , p I_r War Exoenses of the subscribers, and Stock Certificates to bearer will be issued as soon. War Expenses Account established under Part 1 of the War Expenses ot m q( q{ has Act, 1939. l' j , . , , , T-. been made. A TRUSTEE INVESTMENT. Trustees are authorized by the Trustee Certificates bearer may not be issued for amounts of less £50. Act, 1908, to invest m New Zealand Government Stocks unless express y Qn gistration c f stoc k, registration certificates will''be issued to subscribers forbidden by the instrument (if any) creating the trust. unless certificates of title evidencing ownership of the stock are .'required METHOD OF PAYMENT. Subscriptions may be paid in full at time in case application for such certificates should be made on the of application or by instalments on the terms specified in this prospectus, prescribed form. Provided that by arrangement with the Reserve Bank a subscriber may register of stock will be kept at the Reserve Bank of New Zealand, pay in advance any or all of the instalments due in respect of an mstal- Wellington where transfers will be registered without payment of any fee. 2ttTZ TRANSFERS. Transfers of Government Stock otherwise than b y A DISCOUNT AT THE RATE OF £2 PER CENT. PER ANNUM of gift are exempt from stamp duty. . WILL BE ALLOWED from the date of payment up to the due date of Death-duty Stock is not transferable as such from person to person, but the instalment or instalments. may be exchanged for ordinary stock, which is transferable. Cheaues in payment of deposits or instalments will be accepted free of Stock Certificates (until the name of some person is inserted therein as inland exchange. the holder) are transferable by delivery. Default in payment of any instalment at its proper date renders any sum MINORS. .. Any minor of the age of ten years or upwards may be regis- - previously paid liable to forfeiture and the relative allotment to can- tered as holder of stock and may execute transfers thereo*. cellation. . REPAYMENT. The 2|-per-cent. Stock of this issue WILL BE REPAID FORMS OF STOCK. New Zealand Government Stock will be issued at p ar at [fog Reserve Bank of New Zealand on the Ist August, 1946. in any of the following forms as applicants may direct on the form of 3_ per _ cent Stock of this issue, if not previously redeemed, WILL BE application: — REPAID at par on the Ist August, 1954, but the Minister of Finance (a) Registered Stock transferable by memorandum of transfer; reserves the right to repay, at par at any time on or a^ t^ie Ist August, (b) Stock Certificates to bearer with coupons annexed; 1951, on giving not less than three months' notice m the New-Zealand ( ) Death-duty Stock Gazette of his intention to repay. Registered Stock may be converted into Stock Certificates to bearer, and The ultimate repayment of the Public Debt of the Dominion is in the Stock Certificates may be converted into Registered Stock without payment main provided for under the Repayment of the Public Debt Act, 1925, of anv fee in pursuance of which New Zealand s debt-reduction resources shall be INTEREST PAYMENTS. Interest will be paid half-yearly on the Ist applied in the P u / an fßedemption of New.Zealand Government February and Ist August. The first payment will be made on the lit securities at or eor y. February 1942, at the following rates:— APPLICATIONS. Applications accompanied by a remittance for the (a) On Fullv-paid allotments of both loans, a full half-year's interest. full issue price, or the required deposit of £20 per cent., may be lodged ' ' un ruiiy paia au cm , , _. r at t h e Reserve Bank of New Zealand, at any branch of any trading bank (b) On Instalment allotments on the v-per-ce . o , . . in the Dominion, at the District Treasury Offices at Auckland, Christcent. church, or Dunedin, or at any postal money-order office in New Zealand. (c) On Instalment allotments of the 3-per-cem. loan, 18s. 6d. per must be for an amount 0 f £10 or multiples thereof. cem ' . „ , . I - , , c , -ii i •1 I Commission at the rate of ss. per £100 of Stock allotted will be allowed orin«?if w»rrfh»wiTich "if b/tLnsl'Ld by p"',t a, the risk to bankers and registered sharebrokers on applications bearing their stamp. of the holder. The Reserve Bank of New Zealand will accept directions COPIES OF PROSPECTUS AND APPLICATION FORMS. These may from stockholders for payment of their interest to any agent in the be obtained from —The Reserve Bank of New Zealand, Wellington; the Dominion- existing instructions for the payment of interest will apply in District Treasury Offices at Auckland, Christchurch, or Dunedin; any respect of'both loans. branch of any trading bank in New Zealand; any postal money-order Interest on Stock Certificates to bearer excepting the interest due on office in New Zealand, or from members of any Stock Exchange in New Instalment Allotments on Ist February, 1942, will be paid by means of Zealand. The list of applications is now open and will be closed on or before Tuesday, 2nd September, 1941. Subscribe Early — INVEST IN VICTORY An advertisement authorized by the Reserve Bank of New Zealand, Wellington, Ist August, 1941. _ ,— ""-"'tsaans^