Page 1 Advertisements Column 4

Hokitika Guardian, 12 July 1930, Page 1

7ANTED TO SELL-One dozen remnants lino, all patterns. Must clear. All prices below cost at McKay’s. CT HTLDREN’S Ramsey navy bloomJ ers, sizes 22 and 26. All one price, 2s lid at McKay’s. a DOZ. ONLY-Lndies! fleecy bloomers—2s Gd McKay’s. coloured a pair at EEMNANTS of curtain now clear--1 ing from Gd at McKay’s. WEDNESDAY, JULY 16th. ANNUAL BALL In aid of the funds of the Hokitika Volunteer Eire Brigade in the SOLDIERS’ HALL. Good music, good floor, good supper. Admission: Double ticket ss, single gent 3s Gd, single lady 2s Gd. J. O. LAKIN, Secretary. ANNUAL SHOW OF HOKITIKA . POULTRY, PIGEON AND CANARY CLUB DRILL HALL, HOKITIKA TO-DAY. CTLASSES FOR—Poultry, Pigeons, J Canaries, Rabbits, and Cats. South Island Championships. Open classes for Silver Wyandotte, Leghorns (other than white), Utility Brown Leghorn, Bantams (Pekin any color 1 ). Schedules procurable from the Secretary, with whom entries close. F BALLINGER, Secretary, Weld St., Hokitika. BLACK HAND SOCIETY. SECOND ANNUAL PUBLIC BALL, R.S.A. Hall, WEDNESDAY, JULY 23rd. Gents 4s, ladies 3s Gd. Music by the Society’s Orchestra. “Fail not at your peril.” BY ORDER OF THE HIGHMASTER. .KANIERI. ELECTRIC LIMITED. ADVANCE NOTICE. N CONNECTION with the construction and erection of its new ’dro-electric power installation, the anieri Electric Limited hag in the roce-ss of preparation, a series of Demtures. These Debentures will he a rect lien on the entire assets of the nnpany, which will amount to a sum hstantially in excess of the Debenre issue. While the entire issue has already jen under written, and the necessary inds are in hand to fully complete the >w power installation, it has neverthess, been decided to allot a portion of lese Debentures to New Zealand. The portion of the issue so allotted ill ultimately be placed in the bands 1 brokerage firms in both the North id South Islands. For a period of iree months, or until all arrangelonts are completed, it is planned to ve the Company’s consumers an opartunity to purchase the Debentures b a discount. For a period ol three ionths from date of issue Debentures tay be- purchased by application trough the Company’s Hokitika office t, a discount of Is in the pound. As ie Debentures will be issued in dene* ,inations of £2O and £2OO, the dismnt will mean that, consumers may htain a £2O Debenture for £l9, or a ,200 Debenture for £l2O. The mend ty of the Debenture is 20 years, t tlir end of which time they will tic ?dcoi!ied at full face value. The Debenture interest will be a-l lie rate of 7 per cent, per annum paylib, semi-annua.H.y on dates to be xod. A consumer purchasing a £2O ebeliture for £l9 will receive at the ml of each six months period the , m of fourteen shillings, or 7.4 per mt. on bis investment. On the above basis, the returns from he purchase of a £2O Debenture will ork out as follows : lost' of Debenture £l9 leeoived as semi-annual interest over a period ol 20 years ... [oceivcd from redemption of Debenture at end oi 20 years ... 'ota 1 receipts from investment ... ft is seen, therefore, that an investment of £l9 0s Ocl in the purchase of Kanieri. Electric Debenture, if held mtil. maturity, return a profit over nd above the original purchase price if £29 Os Od or over 7.G per cent, per nil uni o n the investment. In addition to the above, the Deben,mi res also carry attractive callable and -(inversion features which will be exilaiued in detail in the near fuuuo. Paifiticulars of Debentures, together with the Company’s business and assets, will be clearly ,et forth in a Prospectus now being lompiled, and which will shortly be ■eady for distribution. In the meantime, all inquiries i> l regard to the Debentures will be gladly answered at the Company’s Hokitika office. 0 0 28 0 0 20 4.8 0 0 0 0