Page 7 Advertisements Column 1

Dominion, Volume 9, Issue 2850, 15 August 1916, Page 7

| WAR LOAN | ' ,s " '■*. S ' New Zealand Government I-412 War Bonds I f> 'I , V '¥■ : ' • T(Ffeee off New Zealand Income Tax). j ■ a. ' ' •: —O i ISSUE OF £8,000,000 B. i'' ' m , ■■ ..■■i. =0 ! •' . ■ | ' ■ ' i■■ Rplhß GOVERNMENT hereby invites the public of New Zealand to Bubscribe £8,00Q,000 . j i 1 1 1 authorised to be raised under the Finance Act, 1916, and pursuant to the New j \ jgsss| Zealand Loans Act, 1908, as amended by the New Zealand Loans Amendment Act, [ ■ ■jj i . 1915, for the purpose of carrying on the present War. jj ] ; The Loan is by Act of Parliament made a charge on the consolidated revenue of the J • . ■ Dominion. i War Bonds will be issued on the following terms 1 . ■ \ ■Price of Issue - Par. ! | Rate of Interest - $ free of Income Tax. j Term of Loan - 14 years or 25 years. j No Bond "will be issued for less than £50, but small investors may subscribe sums cf | mp iso at the Post Office. -• | ' iMerestwili be paid half-yearly at the Treasury, Wellington j • rpp »#■. amy. Biwmch of the Bank of New Zealand, or in London ; or AustaMa, as may be arranged, on Ist March and Ist ! | September-. in eaeli year. | ' ! The first . Coupon, representing interest accrued upon the various instalments! from the ■ \ | , date upon which they severally become payable, up to 28th February, 1917, will be paid'on |. ; is&.'Harcb, 1917. Interest on the deposit will date from the Ist September, 1916. 1 || Lodgments.—Forms of Application may be obtained and lodgments made at any j. j Poatel Money Qrder Office, at any Bank, or at the Treasury Offices, Wellington. 1 1 Instalments may be prepaid if deaired, but prepayment of any instalment will not entitle j \ the-subscriber to interest, in respect of the first Coupon, in addition to that provided above. j Lodgments will be made as follows: j 25 per cent, deposit to accompany application j j 25 per cent., 2nd October, 1916; I 25 per cent., Ist December, 1916; ! 25 percent., Ist February, 1917 ; | The Minister of Finance reserves the right to accept the whole or any part of amount i tidied for, or decline any application. Should the total applied for exceed the amount of s. ...48,000,000," 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. |, la case of acceptance of part only o£ amount applied for, the surplus of the amount paid as s deposit will be appropriated towards the payment of subsequent instalments. I . Xutereat will not be paid in respect of amounts which are not accepted. : In case of default in payment of any instalment at its due date, the deposit and instalments previously paid will be liable to forfeiture. 1 Interim receipts will be issued for lodgments and must be retained and presented in exchange j J ! for War Bonds, when ready for issue. ! Bonds payable to Bearer,-with Coupons attached, will be issued after the full subscription has j I . '-teenpaid, in denominations of £50, £100, £500, £1,000, or such higher denominations as may j j . be.-arranged, and will be repayable at par in New Zealand at date of maturity. ' | ; The Bonds aire' Government Securities in which Trustees are authorised to invest trust funds. ! • . An annual sinking fund is provided for the repayment of the Loan. jj i Applications will close on the 21st August, 1916, but the Minister of Finance reserves . | ■ the-right to dtose at a prior date, or to extend the period. ■ ■ \ | JOSEPH GEORGE WARD, 1 | Minister of Finance. I . ' 'EBBASOBT, WEXiUKGTON, N.Z., n | II sth August, 1916; I