FACTS FOR INVESTORS

NZ Truth, Issue 1187, 30 August 1928, Page 2

FACTS FOR INVESTORS

Safety and generous eai-nings for surplus capital is what every investor seeks. Few investors can afford ■ the cost or loss of time for inquiry on investigation such as is made by the New Zealand .Underwriting and Development Corporation, Ltd., even if they had similar opportunities or avenues therefor. It is hardly necessary to emphasize the benefit of the work the Corporation is doing m ensuring that only sound proposals reach the investing public. The purpose- of the Corporation is two-fold: (a). — To safeguard the public against insufficiently capitalised and unsound ventures and consequential losses. (b). — To ensure that projects of the highest promise shall not lack of authoritative backing and sufficient initial capital. The Corporation does not' endorse any proposal until they have thoroughly investigated it, and consider it has excellent prospects, of success. The examination . is not cursory, they have experts .m their respective, spheres of business on whose judgment they can rely, and the Directors and Management, are -men of discrimination. • Further the Corporation is a.' strong Organisation, designed to operate with success for all time. Public confidence is essential to its progress and the Directors kuow that such confidence

would be undermined,, if they offered for . public subscription any doubtful venture or unsound investment. The Corporation has Underwritten 16,000 shares m the North Auckland Land Development Corporation, Ltd., and these are now being offered for public subscription, at par. Not only has the Underwriting Corpoi-ation supported this project with the necessary finance, but what is of more importance still, they have placed behind it their reputation and results to date, have more than justified this confidence. Further evidence of the exceptional possibilities offered was given m last week's "Truth" wnen the proposition was so favorably reviewed by "Fiat JLux." In supporting the objects of the Corporation you are, therefore, coming into a Company already m operation, and there will assuredly be early returns from land sales which, are now being- made.. ' "■. We heartily recommend the venture to you as an honest effort to carry out settlement on a basis which will prove profitable both to prospective settlers and to those who invest m the. shares of the North Auckland Corporation. Prospectus may be obtained from The New Zealand Underwriting and Development Corporation, Ltd., Ground Floor, Premier Buildings, Durham Street; Hutchison, El 1 iff e and Cameron, Auckland Representatives, Auckland. — Advt. '

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