Page 4 Advertisements Column 4

Horowhenua Chronicle, 23 October 1915, Page 4

NEW ZEALAND GOVERNMENT j £4 10s per cent. DEBENTURES. issue of 4£ per cent JJearer Debentures i under the authority or the Finance 1 Act, 1915, and pursuant to the New ! Zealand Loans Act, 1908, as amend- «' ed by the New Zealand Loans Amendment Act, 1915, to provide moneys for local expenditure DUIUNG THE WAR. PlllOE OF ISSUE FIXED AT £100 PER CENT. rjIHE Government oi 'New Zealand desires to place betore the public of the Dominion this prospectus, showing the terms and conditions under which moneys may be invested on the security of the Public Revenues or New Zealand, to provide the funds necessary lor local purposes during the present war. In view of tbe financial strain at present imposed on the Imperial Treasury 1 iii providing money lor carrying on the j' war, the Government of this country ' conhdently asks all i\ew Zealanders 1 who can afford to do so to assist the Empire by investing freely in these i Debentures, and thus ill a inoasure relieve the Mother country oi the burden ol having to provide the capital ro--1 q mired for local pun-poses in New ZeaI land. Forms of application may be obtained from any Postal Money-order Office, >r from the Treasury. Applications may be lodged at any Postal Money-order Office, at Treasury, Wellington, or or at any Bank or registered Share broker's office in the Dominion. Applications may bo made lor £5 or any multiple oi' £5, and for a currency of 5, 10, 15, 20, or '16 years, at the option oi' the subscriber. Subscribers who apply at a Postal Money-order Office may lodge amounts by cheque or in cash. 11' cheques are forwarded exchange must be added where payable. In cases where application is posted direct to Wellington, the lodgments must be first paid in to tho "Public Account" at any branch of the Bank of New Zealand, and tiio bauli receipt must in such case be forwarded to Wellington with the application. Applications for sums not exceeding ,£SOOO must be accompanied by the total subscription or liunJk roceipt tor the amount, and applications for sunns in excess of £5000 must ue accompanied by a deposit of 10 per cent., balance payablo on allotment. Allotments will h& made by the Controlled , and Auditor(Joueral. In the case of default in payment ol the balance the deposit previously paid will be liable to forfeiture. If no allotment is made the deposit will be returned. Interim receipts will oe issued on -lodgment, and will be subsequently exchanged for Debentures. The Debentures will be issued with interest coupons attached. Interest will be payable ■half-yearly on presentation or coupons at a. Postal j Money-order Office, or at the Bank ot j .Now Zealand, or at the Treasury. interest will be computed from the 10th October, 1910, and will bo free ol income-tax. An annual Sinking Fund is established to provide for the redemption ot tho Debentures. The Debentures will be issued in denominations of £o, £20, £50, £100, £500, £1000, or in such .higher denominations us may be agreed upon with the Treasury, and will be made payable to "bearer. Debentures will be repayable at par at the Treasury, Wellington, or - at, any office of the Bank of New Zealand in the Dominion on their duo date. Banks and registered tiharebroKers will be allowed a commission of os per JJiOO on allotments made in respect oJ applications received ironi tihem direct, and which boar their stump, and are forwarded to the Treasury or to the Post-offices under cover of the term provided. Covoring-lorins are obtainablo from tho Post-ofiioes. Commission will be paid after allotment, and will not be allowed on conversions or on transfer of moneys now on deposit with the Post-office Savings Bank*. • The Debentures are Government Securities in which Trustees are authorized to invest Trust Funds. Applications will close at the Treasury on O'tli November, 1915, but the (jovornment reserves the right to close at a prior date or to extend the period at its option. In case oi over-suosoription the Government reserves the right to decline any application, in whole or in part, as it may determine. interest will not be paid in respect of any amounts forwarded with applications whicii are declined. Conversions. Holders of Government Debentures issuod under the New Zealand boaus ' Act and maturing on ore before tho Ist I December, 1916, will have the option of converting into 4£ per" cent. 1915 Debentures at par if application is made to the Treasury on or before the 30th November, 1915. The interest ' uinder the now debenture will take effect after the coupon tor the then current half-year under the old debenture has been paid. POST-OWIOB SAVIKGB-BANK DEI'OBITS. Persons who now have money deposited in the Post-office Savings-banks may purchase 4i per cent 'Debentures by means of transfer. They must apply on or before the Gbh November, 1915, to tho Postmaster in charge at any Postal Money-order Office -within the district in which, their account is open in order that the requisite transfer may Be made, interest at 4i per cent under tho new debentures will date from the 15th October, 1915. The forms of application and transfer may be obtained at the Post-officee. 1255-4 int. To Trubtbes. Trustees desiring to invest Trust monies in the 4J per cent Government Debentures Loan may make special arrangements with the Treasury in regard 1 to the time and method or "lodging the ; deposit or purchase money for the ite- ■' benturee. j —a^^—— mtf it. An ordinary attack ot diarrhoea may bo relieved by a sngle dose of Chamberlain's Colic and Diarrhoea Remedy. Only in more severe oaees is a eocond or third dose required. Try it. ft has a reputation of 35 years behind it, and is everywhere recognised as tho most reliable 'emody in use for diarrhoea. , Advt.