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ISSUE OF £250,0W NEW ZE&LAWD j G-OYERNMENT DEBENTURES IN NEW ZEALAND. Treasury, WeP'ngton, Bth April, 1873. TENDERS are invited for the Purchase of the whole 01* any portion of Two Hundred and Fifty Thousand Pounds New Zealand Government Debentures, issued under the Acts of the Legislature of the Colony, entitled 'The Immigration and Public Works Loan Act, 1870," and "The Defence and Other Purposes Loan Act, 1870," subject to the under-mentioned conditions : 1. The Debentures will be payable to Beaver, and will be issued in suras of not less than One Hundred Pounds each. 2. The Debentures, which are secured on the Consolidated Revenue of the Colony, will bear interest at the rate of 4 per cent, per annum, payable half-yearly, on the 15th day of April and the 15th day of October in each year, at the Bank of New Zealand at Auckland, New Plymouth, Wellington, Napier, Nelson, Blenheim, ' Christchurch, G-reymouth, Hokitika, Dunediu, or Invercavgill. 3. The principal sum will be payable on the 15th day of April, 1913, at the ; Treasury at Wellington, or at auy Branch of the Bank of New Zealand, in New Zealand, at the option of the holder 1 , six months' notice being required, previous to maturity, of the place at which payment will be required. 4. Tenders will be opened at the Treasury at Wellington at noon on Friday, the ninth day of May next, in the presence of such of the tenderers as desire to be pi'esent—the minimum price under seal being first placed, on the table. In the event of equal tenders being received for a sum in excess of the issue, a pro rcda distribution will be made. 5. The amount tendered for must be paid at the Treasury at Wellington as under:— i 5 per cent, accompanying application; # the balance on or , before the 16th May, 1873, Or at the option of the purchasers 5 per cent, on.application 20 per cent, m one month 25 per cent, in two montbsY a ™ ued 2d percent.m three months C interegt 25 per cenr. jn xonr months J # . Purchasers electing to pay balance within a week will be entitled to interest from the 15th day of April. On payment of the final instalment, Debentures signed by the Agents appointed under the respective Acts, will be delivered to purchasers or their nominees. Half per cent, brokerage will be allowed to brokers through whose application sales are effected. Applications by telegraph, received not later than 10 o'clock on the 9th.May, will be accepted, provided they are accompanied by a telegram from the Manager of any Branch or Agency of the Bank of New Zealand, notifying that the necessary deposit has been paid into the Bank of New Zealand, to the credit of a Loan Deposit Account. Julius Yogei., Colonial Treasurer. Form of Tender. I hereby tender for £ New Zealand Four per cent. Debentures at the price of £ for each £IOO of such Debentures, and I agree to accept the same or any less amount that may be allotted to me, and to pay for them in cash at the Bank of New Zealand («) on («) The name of the place at which the purchaser undertakes pajment of the balance to be inserted here. Treasury, Wellington, 6th May, 1873. . to the advertise.ment of the Bthultimo, ' iviting Tenders for the purchase of Two Hundred and . Fifty Thousand Pounds New Zealand Government Debentures, Notice ts Hereby Given that the time for receiving applications is extended from Noon on the 9th to Noon on Wednesday, the 14th day of May current.JULIUS VOGEL, Colonial Treosurer. D.BAE E O N, AUTHORISED SURVEYOR. IOE, THE MOUNT ID A DISTRI CT.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/MIC18730509.2.23.1

Bibliographic details
Ngā taipitopito pukapuka

Mount Ida Chronicle, Volume IV, Issue 219, 9 May 1873, Page 7

Word count
Tapeke kupu
608

Page 7 Advertisements Column 1 Mount Ida Chronicle, Volume IV, Issue 219, 9 May 1873, Page 7

Page 7 Advertisements Column 1 Mount Ida Chronicle, Volume IV, Issue 219, 9 May 1873, Page 7

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