MONEY STREAMING IN FOR WELLINGTON GAS CO

Hokitika Guardian, 28 July 1921, Page 2

MONEY STREAMING IN FOR WELLINGTON GAS CO

8°„ MORTGAGE DEBENTURES

OVER un.ooo in 4 DAYS

Remarkable proof of the popularity of this investment is shown in the big response that imilifediatety followed the announcement of tlliS Issue.-

Applications poured ill at the rate of over £IO,(XX) per day, and they are gaining in volume as a larger number of people become aware of this splendid investment opportunity.

A large proportion of the applicants are working and professional neopl'e, who wish to get the utmost return for their money, combined with safety. The terms and conditions of the Wellington Gas Company’s 8 per cent Mortgage Debentures oTe such as to inspire the fullest confidence. The Mortgage Debenture Stock Trust Deed means that the security is absolutely real. The trustees are the Guardian Trust and Executors Co., of N.Z I .td.

The security consists of first-class assets and the concrete assets alone have a value at the present time of £-550,000 —twice as ere at as the aniount\of the loan now offered for subscription (£250.X)00). Upon the expenditure of moneys raised by the present Issue the assets "ill be greatly increased.

The Delxmtures are in sums of £SO 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 Stock Exchange, ,v r the Wellington Gas Co., Ltd., Well ugton Applications are coming in so rapidly that prompt action is necessary on the part of intending investors. Write 10-flav.