Page 4 Advertisements Column 4

Horowhenua Chronicle, 11 August 1916, Page 4

WAR LOAN. New Zealand Government kl Per Gent. WAR BONDS. (Free of New Zealand Income-tax,) Issue of £8,000,000. 'THE Government hereby invites the Public of Mew Zealand to subscribe 1 £8, authorised to be raised under the Finance Act, 1916, and pursuant to the Mew Zealand Loans Act, 1908, as amended by the New Zealand Loans Amendment Act, 1915, for the purpose of carrying- on the present War. / The Loan is by Act of Parliament made a charge on the Consolidated Revenue of the Dominion. WAR BONDS will be issued on the following terms: Price of issue : : Par. Rate of interest 4i per cent, free of income-tax. Term of Loan : : 14 years or 25 years. No Bond will be issued for less than £50, but small investors may subscribe sums of £1 up to £50 at the Post Office. Interest will be paid half-yearly at the Treasury, Wellington, or at any branch of the Bank of New Zealand, or in London or Australia as may be arranged, on ist March and ist September in each 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 Ist March, 1917. Interest on the deposit will date from the Ist September, 1916. / LODGMENTS. Form of application may be obtained and lodgments made at any Postal Money Order Office, at any Bank, or at the Treasury Offices. Wellington. Instalments may be prepaid if desired, but the prepayment of an instalment will not entitle the subscriber to interest, in, respect of the first Coupon, in addition to that provided above. Lodgments will be made as follows: 25 per cent, to accompany application; 25 per cent., 2nd October, 1916; 25 per cent., Ist December, 1916; 25 per cent., Ist February, 1917. THE .MINISTER OF FINANCE reserves th« right to accept the whole or any part of amount' applied for, or to decline any application. .Should the total applied for exceed, the amount of £8,000,000, the Minister of Finance rcscrres the right to accept eueli excess or any part thereof. The Gout-roller and Auditor-General will make tin: allotment, a such is necessary. J:X CASE OF ACCEPTANCE of part only of amaunt applied for. the surplus of the amount paid as deposit will be appropriated towards the payment of subsequent instalments. A interest will not bo 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 instalment previously paid will be liable to forfeiture. LNTERIM RKO&Li"I\S will be iseuwd for Lodgments and must be retained and presented, in exchange for \\ fir iJonde when ready tor iseue. HON"OS PAYAB'tiE TO BEAR EM. with Coupon* attached, win be issued after the full subscription lias been paid, in denominations oi £•30, £100, £500, £1.000. or such higher denominations as may be arranged, and will bo repayable at par m New Zealand at date of maturity. THE" BOX-JDS ARE GOVERNMEXT SECURITIES IX WHICH TRUSTFES ARE AUTHORISED TO INVENT FUNDS. AX AXXUAL SINKIXOJ FUXD IS PROVIDED FOR THE REPAYMENT OF THE LOAN. A DDI If* ATIAKTQ wiU c,ose on 21st August, 1916, but Air MvA 1 11/iw the Minister of Finance reserves the right to close at a prior date, or to extend the period. JOSEPH GEORGE WARD MINISTER OF FINANCE Treasury, Wellington, N. Z., sth August, 1916,