A SOUND INVESTMENT
DRAINAGE BOARD DEBENTURES'
In these, days s when people are so chary of touching mortgages or industrial concerns and yet want a fair return on their money there could be no more attractive investment than Christchurch Drainage Board Debentures. Interest at the rate of £o 10s per cent, per annum is paid on these free of exchange at any branch of tlii Bank of New Zealand within the Dominion, and so gilt-edged is the security that these debentures are classed as a Trustee investment within the meaning of the Trustee Act, 1903. The debentures are issued in denominations of £IOO, £SOO, and £loooand application money will be received at the office of the Drainage Board, 198 Hereford street, Christchurch, in Cash, Bank Draft, or Marked Cheque. —2
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Press, Volume LXIII, Issue 19176, 6 December 1927, Page 12
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130A SOUND INVESTMENT Press, Volume LXIII, Issue 19176, 6 December 1927, Page 12
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