Page 7 Advertisements Column 1

Dominion, Volume 9, Issue 2851, 16 August 1916, Page 7

P WAR LOAN [ New Zealand Government I 4l| War Bends: I (Free of New Zealand Income Tax). ' j . Q» 1 ! 1 ' id. li "IJ s EOT OF £8,000,000 | ■ :' V ' g I. 11l , =0 ' . j''/. \ • ■, J . | K%E GOVERNMENT hereby invites the public of New Zealand to subscribe J68,000,000 11 1 i f a®** lo ™ sß ® l raised under the Finance Act, 1916, and, pursuant to the New ■■ - , Zealand Loans Act, 1908, aa amended by the New Zealand Loans Amendment Act, 1 1915, for the purpose of earning on the present' Wai;. : | The Loan is by Act of Parliament made a charge on the consolidated revenue of the j . | • Dominion. : . ! Waff Bonds will be issued on the following terms irPrice of Issue - Par. | Raie of Interest - '41% free of Income Tax. I : ! - 14 years or 25 years. 1 | . No R)nd -will be issued for less than £50, but small investors may subscribe sums of j - up to £50 at the Post Office. - - ■v .1 ■ | \ Interest will be paid half-yearly at the Treasury, Wellington 1 i ■ " ' ■' i cat at any Branch of the Bank of New Zealand, or in London !j or. Australia, as may he arranged, on. Ist March; and Ist | Ssptemlber in each year. .. ( ; , , The fiisfc Coupon, representing interest accrued upon ijhe- various instalments, from the | . ' ! datenpon which they severally become payable, up to 28th February, 1917, will be paid on i • ' i jsi; March, 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 jPostal Money Order Office, at any Bank, or at. the Treasury Offices, Wellington. ! • ; ■ 1 ~ . Instalments may be prepaid if desired, but prepayment of any instalment will not entitle j j to interest, in respect of the first Coupon, in addition to that provided above. j!'. -liid^iDienjs.wiP-be made'as follows: j 25 per cent, deposit to accompany application ; ! 25 per cent., j2nd October, 1916; 1 1 J 25 per cent., Ist .December, 1916; J 25 per cent, Ist February, 1917; . j \ ' ' ' . ■ «. . ■ ' ' X | The Minister of Finance reserves the .right to accept the whole or any part of amount I • | appKed for, or decline any application. Should the total applied for exceed the' amount of [ | £8,000,000, the Minister of Finance reserves the right to accept such excess or any part \ ! ■' thereof. The Controller and Auditor-General will make the allotment, if such is necessary. \ . 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. , | j Interest will not be paid in respect of amounts which are not accepted. I I In case of default in payment of any instalment at its due date, the / deposit and instalments j | previously paid will be liable to forfeiture. \ . j Interim receipts will be issued for lodgments and must be retained and presented in exchange . s I for War Bonds, when ready for issue. I | Bonds payable to Bearer, with Coupons attached, will be issued after the full subscription has I ■ jj been paid, in denominations of £50, £100,' £500, £1,000, or such higher denominations as may I be arranged, and will be repayable at par in New Zealand at date of maturity. { ' The Bonds are Government Securities in which Trustees are authorised to invest trust funds. I | An annual sinking fund is provided for the repayment of the Loan. \ j Applications will close on the 21st August, 1916, but the Minister of Finance reserves l ) the right to close at a priop date, or to extend the period. • f . | J JOSEPH GEORGE WARD, , ». 1 : Minister qf Finance. 5 | TEBASimT, WBMJNGTON, N.Z., , $ - sth August, 1916. v