Zl7o Interest for TEN Years Secured by Mortgage Debentures “The finest investment ever offered in New Zealand:” Issue of £300,000 Mortgage Debentures, earning 72 per cent, per annum, free of Debenture Tax. -THE — Gisborne Sheepfarmers’ Frozen Meat & Mercantile Co. Ltd. The Pioneer Farmers’ Company in Poverty Bay. — Est. 19 years. The present Debenture Issue will be secured by first mortgage to Trustees (N.Z. Insurance Co. Ltd., Auckland) of the freehold and leasehold properties and plant of the Company, the value, of which reaches £615,263-4-4. That is over £2 for every £1 that is invited from investors —a very full margin of cover. The Debentures are in sums of £5O. £lOO, £5OO and £lOOO, payable in full or in instalments, at option of applicant Interest at the rate of 7J per cent, per annum will be paid half-yearly, free of Debenture Tax. The Debentures will be to bearer, with interest coupons attached, and are repayable in TEN YEARS fro’m 31st August 1921. Recently the Company’s nominal capital was increased from £250,000 to £1,000,000. By reason of the acquisition of other Companies, it is anticipated that the issued Capital of the Company will be approximately as follows: — Subscribed Capital £637,136 Paid-up Capital £395,754-10-0 Apply immediately for Debentures Full details in Prospectus—get your copy to-day, from the Bank of New Zealand or any member of the Stock Exchange, or from the Company’s Broker, Mr. W. Lissant Clayton, Gisborne. Debentures may be applied for at same addresses. The Gisborne Sheepfarmers’ Frozen Meat & Mercantile Co. Ltd., - - GISBORNE A Special representative of the Gisborne Sheepfarmers Frozen Meat and Mercantile Company, Ltd., will be in attendance at the Farmers Co-operative Wholesale Federation N.Z., Ltd., (First Floor, Farmers’ Institute Buildings, Featherston Street, Wellington ) to give full information to all enquirers, relative to the Mortgage Debentures mentioned above. > -
PERFECTION i rt GALVANISED CORRUGATED IRON X ORB BRAaoZZ WK PLAIN •TTa.de in 6nglan.d
I gjSonjßtE Coffee ft It’a Lovely For Breakfast! Theie cold, raw mornings a hot cup of “ Strano’s Soluble ° is areal delight! On a bleak, wintry day, after returning from shopping, it is equally enjoyable and refreshing. For emergency meals it is invaluable, as it can be made in a minute, sugar and milk being added to suit each tas’e. This fragrant beverage posesses a soft, velvety flavour which pleases the palate. / k Try it I / D. Strang, Ltd., Manufacturers, iolvui jl Invercargill.
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Dominion, Volume 14, Issue 246, 12 July 1921, Page 9
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395Page 9 Advertisements Column 5 Dominion, Volume 14, Issue 246, 12 July 1921, Page 9
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