Page 3 Advertisements Column 2

Nelson Evening Mail, Volume IX, Issue 97, 24 April 1874, Page 3

£50,000 SIX PER CENT DEBENTURES. rpHE BANK OF NEW ZEALAND -L acting, for the Auckland Improvement • Commissioners invit9 TENDERS for the whole or any portion of Debentures representing Fifty Thousand Pounds, bearing Six per cent interest, payable half-yearly. The Debentures by «' The Auckland Improvement Act, 1873," are made a first charge on the lands and rents of land vested iv the Commissioners, which at present comprise forty. nine acres, including the Albert Barrack Reterve, being the iucsj valuable part of the city, and Affording undoubted security to the holder. The Debentures have coupons attached for each half-year's interest, which, with the principal, may be made payable af any of the Chief '•ranches of the B <nk of New Zealand in New Zealand, the place of payment to be declared by letter addressed to j the Secretary for the Auckland Improvement Commisiioncrs wi'hin three months from date j of acceptance of lender, otherwise to be understood to be payable in Auckland. The principal will he repaid at par by a one per cent, cumulative biuk'ng Fund, applied by annual drawings to the extinction of the debt. Tbe drawings will take place in the month of October in each year, commencing in 1876, at the office of, and on a day to be notified by the Imp'ovement Commissionera, and will be conducted in presence of a Notary Public and an? of the Dcbentureholdirj who may please to attend. The Debentures drawn will be paid at par on the 10th January following. The Commissioners declare their minimum at par, aod Tenders at or above that rate, in accordance with the form annexed, and a dressed "Tender for Six per cent. Debentures," will be received by the Bank of New Zealand, at Auckland, up to Noon ol TUESDAY, the 30th of June next, when they will be opened in presence of any of the Tenderers who elect to attend. Payment will be required as follows — On application, 5 per cent, on amount applied for. On 15th July, equal to 50 per cent, (inclusive of deposit) on amount allotted. On 31st July, 50 per cent. lhe Debentures will bear interest from Ist July, 1674. Copies of the Act authorising the Loan may be seen at the Bank of New Zealand Auckland, New Plymouth, Wellington, Napier, Nelson, Blenheim, Christchurch, and Dunedin, For the Bank of New ZBaland, D. L. MURDOCH, Inspector, Auckland, 15th April, 1874. FORM OF TENDER. I hereby TeDder for £ of the Auckland Improvement Loan of £50,000, subject to th" conditions in the advertisement dated 15th April 1874, and for which I undertake to pay at the rate of £ for every £100 Debenture. I enclose herein the sum of £ , being 5 per ctnt. on the amount applied for. Name Address §*.... 1063. U STORE. / rsigned thanks the public for ours, and would inform/ them E-COMMENCED BUSINESS mises next Mt. "WABREN'S, c he hopes for a conjj/uance of KUUI _ U _,_f.xir. W. PHILLIPS, 860 Emu Store. W. C Wilkins' Advertisement. Lj /A R/R IVED, / / PER "/dX)HN BULL." KEROSINE LAMPS^/^ NIGHT LIGHTS, GLASSES, /shades, BURNERS and FITTINGS. BATHS, / JAPAStWd WARE, TOOLS, TEAPOTS, CHAINS & Tbaces, CAMP OVENS, AND GENERAL HARDWARE/ ALWAYS ON HAND — KEROSINE OIL, best brands ALSO, COLZA, CASTOR OIL for Machinery, and PAINT OILS. \W TERMS CASH. W. O. WILKINS, IRONMONGER, BRIDGE-STREET. Nslson, April, 1874. 1028