Page 7 Advertisements Column 1

Dominion, Volume 9, Issue 2849, 14 August 1916, Page 7

WAR LOAN | A'-'.! • ■ ' J " Net Zealand Government ] Ml War "Bonds [ ' | (Free of New Zealand Income Tax). . j | ' ' '( j ' ! : ' ' *' C ' /' ■■■ ■1 - | ' ISSUE OF - £8,000,000 j ■ Y.. tP---' - 1 , ==0 | ! r y HE GOVERNMENT hereby invites the public of New Zealand to subscribe £8,000,000 1 I 1 authorized to Be raised, under the Finance Act, 1916, and pursuant to the New | _ | , ■ Zealand Loans Act, 1908, as amended by the New Zealand Loans Amendment Act, jj' . _ [ . 1915, for the purpose of carrying on the present War. f ■ \ The Loan is by Act of Parliament made a charge on the consolidated revenue o£ the i , s . Dominion. - ' | | War Bonds will be issued on the following termsj.. \ Price of Issue * Par. | | Rate of Interest Ah % free of Income Tax. • j< ' ] Term of Loan v 14 years or 25 years. v J ( • ' No Bond will be'issued for less tlian £50, but small investors may subscribe sums of - f | £l up to £50 at the Post Office. | j Interest will be paid half-yearly at the Treasury, Wellington I or at any Branch of the Bank of New Zealand, or in London jj | or Australia, as msiy be arranged, on Ist March and Ist J 1 September in each year. ' ■ ' The first Coupon, representing interest, accrued upon the various instalments, from the \ ' j date upon which they severally become payable, up to 28th February, 19.17, will be paid on I , \, ■ ■ s t March, 1917. Interest on the deposit will date from the Ist September, 1916. 'H >' JLodgments.—Forms ofApplication may be obtained andlodgmentipmadeat.any | T ■ • "Postal Money Order Office,-at any Bank, or at the Treasury Offices,. Wellington, | , I Instalments may be prepaid.if desired, but.prepayment, of any instalment will not entitlej ... • | the subscriber to interest, in respect of the first.Coupon, in addition to that provided above. j | 1 Lodgments will be made as follows: j | 25 per tent, deposit to accompany application ; , • If | 25 per cent., 2nd October, 1916; .'j \ 25 per cent., Ist December, 1916; . ■■ ■ ■ j s 25 per cent., Ist February, 1917 ; - J ■ 1 " ' . ■-' - : ■ • ' ' ■ : j ] The Minister of Finance reserves the right to accept the whole or any part of amount .1 j .applied for,, or decline any application. Should the total applied for exceed the amount of ! . S £8,000,000, the Minister' of Finance reserves the right to accept such excess or any part j | thereof. The Controller and Auditor-General will make the allotment, if such is necessary. I | In case of acceptance of part only of amount applied for, the surplus of the amount paid as \ I deposit will be appropriated towards the payment of ■ subsequent instalments. | | Interest will not be paid in respect of amounts which are not accepted. / • ( | In case of default in payment ojE any instalment at its due date, the deposit and instalments £ j previously paid will be liable to forfeiture. , . • | i Interim receipts will be issued for lodgments -and must be retained and presented in exchange \ | for War Bonds, when ready for issue. ... g ! Bonds payable, to Bearer, with Coupons attached, will be issued alter the full subscription has i j been paid, in denominations of £50, £100, £500, £1,000, or such higher denominations as may \ .. | bcarranged, and will be repayable at par in New Zealand at date of maturity. j •I ' . ■ The Bonds are Government Securities in which Trustees are authorised to invest trust funds. | . j An annual sinking fund is provided for the repayment of the Loan. ' I . I ' Applications will close on the 21st August, 1916, but the Minister of Finance reserves j I the right, to close at a prior date, or to extend the period. . v . j JOSEPH GEORGE WARD, j j , Minister of Finance. 1 Treasury, Wellington,' N.Z., ' . > ' £ sth August, 1916. I