GAS CO. INVESTMENT

Hokitika Guardian, 26 July 1921, Page 2

GAS CO. INVESTMENT

8 PER CENT MORTGAGE. DEBENTURES. j unique adlantages. . , ‘“F~ 1 People with money to spare may safely invest in lire Wellington Gas, Company’s 8 per celll Mortgage Debentures. '■( The Mortgage Debenture Stock Trust Deed means that |ie security is absolutely real. The triisiee is the Guardian Trust and ExeculJrs Co. of N.Z. Ltd. The security coi&ists of first-class assets rind the coneilte assets alone have a value at the preffent time of €550,000 —twice as gieat |s the amount of the loan now oil crip for subscription (€250,000). Upoij- the expenditure of moneys raised by ’the present issue the assets will he greffjtly increased.

The money to b§. raised is to be Used mainly for constructive Forks, and w ill mean an immediate increase in the business earnings pf the Company. The Company exists t| supply a great and indispensable publ|b service, and lias no competitor in busiijfess. * A Itandsomc return is offered to fivestors, and the investment in the (fimipany’s Debenture Stock is the finest jjpver offered in New Zealand. ’’ The Debentures are id-sums of €oo and multiples thereof, and have a currency of ten years. 8 per cent interest per annum payable half-yearly free of exchange. Apply for Prospectus and Debentures from the Bank of New Zealand, any member of a Stork Exchange, or the Wellington Gas Coy., Ltd., Wellington.