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WAR £&& LOAN. : PROSPtGTVJS 0F 1 DOMINION OF NEW ZEALAND Issue of £9,500,000 A\ per Cent, War Loan, j (FREE OF NEW ZEALAND INCOME TAX.)I] ! ' • L Price of Issues Par. Term of Loans 20 Years- 1 The Subscription List will be closed on MONDAY. Bth April, 1918 mHE Loan is authorise.! to lie raised miller tile War Purposes Loan Salg"d upon the ccmSoliJ- as "amended by theXew Zealand Loans Amendment Act, lUlo, and botii capital dated revenue of the Dominion. The Loan will be utilisad by tha Dominion for War Purpose only and will take the form either of Inscribed Stock or Bearer-bonds, at the option of the subscriber. ■ I , transferable^lmtmay be exchanged at the Treasury for other available securities, if so desired. , The issue is an investment authorised by the Trustee Act, and Trustees may invest therein. i Application, will not lie accepted for less tl.au £100, but small investors may subscribe sums of £1 up to £800, for a period oi I oT *100, .*SOO, and £1000, or snob higher denotations as may be arranged, and | for any amount under £100, and any amount applied for in «*» of £100 must be a multiple of £10. J I The Loan will be repaid at par at the Treasury, .Wellington or at any branch of the Bank 01 New Zealand m the Dominion on I ivi 15th November, 1938. " 1 I Interest on Bonds and Stock mil be paid half-yearly, on 15th May and 15th November. J I Tie first interest will be paid on loth November, 101S, and will amount to £3 14s (id per cent, on fully-paid allotments (221 % days), and £1 15s lid per cent, on instalment allotments. 1 I' Interest on fully-paid allotments and on the first instalments of instalment allotments will date from Bth April, 1918. Interest on second, third, and, fourth instalment, of instalment allotment, will date from the respective date, of payment shown j 1 herein. ' - ] '* Interest on Inscribed Stock will be paid by Dividend Warrant, wliicl, will be transmittal by port. j Interest on Bonds will be paid on production of Coupon. 1 :/ Oac't^n^^nlT^^ * LODGMENTS. — Forms of application may be obtained and lodgments made at any Postal Sloiiey-order Office, or at any branch of any Bank, or at the Treasury, Wellington. |f Lodgments -will be made as follows| | FULLY-PAID ALLOTMENTS— I On application ... ... ••• P er cent * INSTALMENT ALLOTMENTS— 25 per cent, on application (first instalment); 25 per cent, (second instalment), Monday, 3rd June, 1918; 25 per cent, (third instalment), Monday, 15th July, 1918; : 25 per cent, (fourth instalment), Monday, 2nd September, 1918. Instalments may be prepaid, but such prepayments will not entitle the subscriber to any additional interest. ■In case of default in the payment of any' instalment at its dm, dale, instalment, previously paid will be liable to forfeiture. I •- Provisional receipt, will.be issued for all payments and in the en.e of Investments i» Bonds these receipt, will be exchangeable | for Bonds to Bearer as soon as the latter can be prepared. £| i ' " •,•111+1 nvrtwl-m-q when the. amounts are fully paid up. | I In the case of Stock Investments, Inscription-eertiheaie* will be posted to nm.Ao . | ! ■ • a T m-i \pl 1917 (read in conjunction with the New g p - Tlie Stock will.be inscribed in accordance with the New Zealand Inscnbel . -•< Treu a t Wellington, where all | Zealand Loans Act, 1908), and the iuscr.ption-books of the. Loan ill be ..t t vom | transfers of stock will be made. 'I.ranster-iorms may oo) am a 'J ' I(>f l9tG> win ] ia ve the right to convert I m,*»* * ■-». "*>.- .on in writing to the Dominion Treasury, 'Wellington. ■ 1 1 . _ , , -I . n ]i mr ndvances at a reasonable rate of interest to clien s J A rxangeiuents have been made under winch the Banks have agie ' ' ii ' m ( | 0 so within the time prescribed. |j to.invest in the Loan but who have not the ready money to enable them to . | - Arrangements will be made for New Zealand War Loan Securities to be quoted on the London Stock Exc «mge as soon a ei ,u g Var as the British Chancellor of the Exchequer agrees. i Registered Sharebrotcers will be allowe d , 1 gsue bearing their stamp and forwarded to the ireasuiy tWl„li . J of iipplicat ions on forms which have not been printed b> | ran signed by the sharcbroker. No commission will be-.illowed i ■I _ . tp pli ( . a tions for Post-office Certificates or Stock. j tie .Government Printer, or on applications not forwarded as aloifsaiu, 1P | POST OFFICE WAR LOAN CERTIFICATES AND POST OFFICE FIVE PER CENT. j WAR LOAN INSCRIBED STOCK. | ,1 • 1- f " ~-M| received at any Postal Money-order Office for I To enable persons ox moderate means to subscribe to the Loan, apphcahous - _ . of the subscriber. J W Office War Loan Certificates or Post Office = > per cent War Loan lnsciibeu otoik at i | [ War Loin Certificates are repayable, with interest compounded, .free of income-tax, at the end of five or ten yeais. j ' re srs p» tb + wi be subject to income tax, and the term will be ten years. 7 . __ . f Cm M Jrtiolrs regarding the Post Ofliee War Loan Certificates and Pest Office War Loan Hiscribed Stock are obtainable at any f- Postal Money-order Office. i OC'Eiipulsory Subscriptions. The attention of the public is specially drawn to section 40 of ll,e Finance Act, 1917, which ~,-avides machinery for the co.npull ,sory levy of subscription, to the \\ ar Loan. „. iU lie v „l„„tarilv subscribe.!, l.ut should tliere beany deficiency, r It t lentlv anticipated that the full amount of i sol . v i PVY i n accordance with the Act. S |it will Ie i jary to raise the amount of such dehcuuicy oy compulsoij lay . | I - , nnm y.v 1918, but the Minister of Finance reserves the right Eg | : APPIICATIOHS will close on wONMi, o4& A • KII-, t J 10, uui, | % to' close at a prior date, or to extend the period. S I JOSEPH GEORGE WARD, 1 f Minister' of Finance. I Treasury, Wellington, N.Z., h lGth March, 1918. 1 ■ I

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/LDC19180319.2.24.1

Bibliographic details

Levin Daily Chronicle, 19 March 1918, Page 4

Word Count
1,007

Page 4 Advertisements Column 1 Levin Daily Chronicle, 19 March 1918, Page 4

Page 4 Advertisements Column 1 Levin Daily Chronicle, 19 March 1918, Page 4

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