Page 15 Advertisements Column 3

Press, Volume LXI, Issue 18408, 15 June 1925, Page 15

Investment The New Zealand Guarantee Corporation, Ltd. Half New Issue A remarkably sound and profitable field for investment is provided for conservative investors by the new share issue of The New Zealand Guarantee Corporation, Limited which is really a quasi-batiking Institution advancing money adeqately secured, to reliable motor traders on commercial vehicles, and other classes of satisfactory chattel securities. Business men, throughout Mew Zealand have shown in tangible fashion, their realisation of the profitable investment afforded by The New Zealand Guarantee Corpora; tion, Ltd. Already they have subscribed for just on halt of the hew Issue of .Ordinary; £.l Shares recently announced. N ' v *,. The original share* , - holders themselves haVe !• tot proved their, faith in The ! 1 Z&t Corporation by applying j A*, for over 90,0u0. Shares | ftnl though only 50,00 ft were j |]|| available to them. A \ \ 4 i New charges; further, as in the case of inglble Banking institution*/ there is every e pro- reason to believe that investors may y The look forward in future to partieirpora- pating in a distribution of reserves, e sub- now being built up. i fe hew k Those who have been, accustom* ■ecent- .ed to leave their money with Savings Banks at a comparatively low «»« . .' .1 • I particularly note that 1 ear OUt thlS ! Shares in The GuartnteeAnnnnnro- -i Corporation will not nnAnnounce- j Jy ghow in ntent and I lurr » of 8% to tnve*t.it •: * ors at the 2/- premium, have since applied for 1 , extra Shares carrying V 1 the same premium at- j nnni tho*e offered tn the pub- ! rr ' lie. The Directors, and Manager, who all took up their full quota in the recent issues, hold no less than 33*455 Shares. The original Shareholders who took up 100,000 -'Ordinary Shares two years ago now hold over 200.000. DIVIDEND EARNING CAPACITY. At the end of the first year, a •dividend of -8% per annum was paid to Ordinary Shareholders on capital paid-up.., For the first six months, of the'second year, an "interim dividend at the rate of. 8% per annum Was paid on ordinary paid-up capital. These dividends ati'd the amount of £12,455 odd net print standing to the credit of Profit and Loss Account at the dose of the half-year, ended 28tlv February last, illustrate the dividend-earn-ing capacity, of the Corporation. The net profit just quoted does not take into account income from loans falling due beyond 28th February, amounting to £BB9O/^6/6. THE SHARES OFFERED. The Shares in the New Issue available for public subscription! are payable:— * 2/- per Share on Application. 4/- per Share.On Allotment. (Includes 2/- premium). The next call of 2/- will not be. made before September next, .and, a further 2/* three months later. It is unlikely that mote than 8/per Share as above will be called up. 6 tfo per annum will be allowed on all calls paid in advance. These Shares will participate in the dividend' 6% for the half-year, ending 31st August, 1.925 thatthe Directors fully anticipate paying, irrespective of the fact that the application and allotment money now subscribed -will then have bean paid up Only three months. As dividends of 10% mayTae expected on 8/-, paid up, which is the equivalent of 8% on "10/-, the latter figure representing the present in-estment-cost including the 2/- premium, it is obvious that these Shares should steadily appreciate in capital value, in the" future, as in the past. ADVANTAGES TO NEW SHAREHOLDERS. The Surplus Profits estimated to be available on the 31st August nest, after providing for dividends',' should be more than sufficient to meet the whole of the establishment ly at first opportunity. fitfcl on *" e open market as HI al w ;jj j, e seen by referring ' UnitY, ■ ' to Exchange Quotations.' ** The investment, there- ' fore, is not only highly profitable but "liquid," and consequently better than having money on deposit. c : ~' "* ALLOTMENT ON 30th JURE. v As Allotment meeting will be held on TUESDAY. 30th JUNE, at NOON. those wishing to participate in the present' Isstie should make application welt before that date-' This may be the last issue far some time, since the whole of The Corporation's nominal capita! of £500,090 has now been offered for subscription. The last issue offered to the public at a premium of I/- per Share was over-subscribed within three weeks. However, should further capital be doubtless the*potiey. of offering capital to Shareholders at par will be continued. CORPORATION'S ASSURED STANDING. " ;"" :^'' '■'.'-.■"." v. V ■'- The New Zealand Guarantee Cor* po ration Ltd. is the pioneer puhlio company in this Dominion to finance credit" sales '■ of Motor Vehid*» being created two years ago with the assistance of the Motor Trade -—so that money put into it will be invested in an established concern of assured standing. Busiaesa transacted now approaches the half-million. mark, of 'Which threefifths has already been repaid without, loss accruing to the Corporation of any. sort on any transaction. 70% of. thU money has been loaned on MOTOR LORRIES. The additional capital '>. now sought is heeded to meet reasonable requirements of. many reliable customers, whose businesa continues, to increase steadily and satisfactorily. V The Capital of the Corporation u , conservatively controlled from Wet* linf»ton, and is employed in a direction useful to the Commercial Cjb.itmunity. It is obvious that "all ordinary risks of usual trading concerns are eliminated, for i) has net factory. It does not buy or tell, nor does it employ Jabour; consequently a purchaser of Guarantee Corporation. Shares invests his capital in a particularly secure and remunerative business, having in the future, as roads improve, scoa-* siderable sphere for safe and extensive expansion. The Directorate of The Corporation is a particularly sound one'comprising?—• The Right Honourable Sir Joseph Ward. Bart., P.C. . '- " Messrs. Sidney Kirkcaldie, Chairman Messrs. Kirkcaldie fr Stains. Limited. Wellington. /• •■ Thomas Ma'son Wilford, Barrister. Wellington. Hopeful Barnes Gibbons, Managing Director, The Colonial Motot Co. Ltd..Wellington. . Godfrey William Magnus, Managing Director, Magnus Motors L*&, Wellington. * Will Appleton, Managing Director, The Charles Haines Advertising Agency Ltd., Wellington. William Stuart Wilson, Merchant, Wellington. Further and the New-Issue Frospectua, which contains a full list of Shareholders, can h~ ,: — 1 « - ° --«■' -« ■ - _ t*V ers, or" any Sharebrokcr ; from the following Sharel W. N. Gamble, Auckland " " •"T'TA. M. Adams & Co.. Wellington i . Caygill, Newburgh 6? Co., Christchurch .'■/,--■ Fenwick Bros., Dunedin W. A. Ott & Co., Ltd., Invercargill " -'.-•.--■■" Application for Shares may be made direct to the Man»*ir «( Tfc* Cprporatior, Frank H 1 Taylor, 13 Grey Street, "' Bankers: Bank of New South Wales. COUNTRY APPI irANT<T ' ™' l l! Umbto « Qa»7. Weliingtou.