GISBORNE KNOWS GISBORNE.
MORTGAGE DEBENTURES IN
GREAT DEMAND
Gisborne people know Gisborne and the East Coast district —they know the men behind the Gisborne Sheepfarmers’ Company, which is issuing £300,000 of 7A per cent. Mortgage Debentures. And Gisborne leads in the great demand for these Debentures, in spite of the. fact that the producers there liayp been hard hit by the slump prees of primary products. Figures talk; listen. Within eight- days of the firM- announcement, the people of Gisborne subscribed over £52,000 to the issue.
Keen investors all over the Dominion are applying for these Mortgage Debentures, earning 7 k per cent, per annum for ten years, free of debenture tax.
The £300,000 issue is secured by first mortgage to Trustees (the N.Z. Insurance Co., Ltd., Auckland) over property and plant valued at £615,263.
Apply to-day for Prospectus or Debentures, from the Banks of New Zealand, any member of the Stock . Exchange, or the Company’s Office, f Gisborne.
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https://paperspast.natlib.govt.nz/newspapers/MH19210723.2.12
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Manawatu Herald, Volume XLIII, Issue 2306, 23 July 1921, Page 2
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159GISBORNE KNOWS GISBORNE. Manawatu Herald, Volume XLIII, Issue 2306, 23 July 1921, Page 2
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