NEW ZEALAND COVERNMEN £4 10s per Cent, debentures j fssuo of per cent. Bearer Debeu J fares, under the authority of th \ i' iuauco Act, lyid, and pursuau u . t 0 tfi® -New Zealand Loans 1 aci 1908, as amended by the New Lea J aIKI Loans Amendment Act, fyib j to provide moneys lor local expenui S ture DUIUNG TJtIL WAlt, f ‘ HE Government of New Zealand desires to place before the pubof tho Dominion this prospectus, j showing the terms and conditions urn i (lei ' which moneys may be invested on j the security of the Fubiic JLtevenues ol Now Zealand, to provide the lends necessary lor local purposes during | the present war. j in view of the financial strain at I piesent imposed on the Imperial Tfeaj sury in providing moneys lor carrying on the war, the Government of this , country couhdeutly ashs all New Zeaj landers who can alford to do so to as- | sist the Empire by investing freely m these Debentures, and thus in a measure relieve tho Mother Country of the Durden of having to provide tne capital required for local purposes in Now Zealand. 1 WUCE OF ISSUE FIXED AT LlUl >1 FEK CENT FFJLi CENT.
I Porms of application may be obtained from any Postal Money-order Office, or from the Treasuxy. Applications may be longed at any Postal Money-order Office, at the Treasury, Wellington, or at any Bank or registered bnarebroker’s oince in the -Dominion. Applications may be made for £5 or any multiple of £i>, and for a currency ui 5, 10, lb, 20, or 26 years, at the option of the subscriber. Subscribers who apply at a Postal Money-order Ollice may lodge amounts uy cheque or in cash. if cheques are forwarded exchange must be added where payable. in cases where application is posted direct to Wellington the lodgments must be hrst paid in to the “Public Account” at any branch of the Bank oi jNow Zealand, and the bank receipt must in each case be forwarded to Wellington with the application. Applications for sums not exceeding bhOjUUl) must be accompanied by the total, subscription or Bank receipt for the amount, and applications fou sums in excess of £6,000 must be accompanied by a deposit of 10 per cent., balance navable on allotment. Allotment
uu auutmuxib. AUOvmeilU will be made by the Controller and Auditor-General. In the case ol default in payment of the balance the deposit previously paid will be liable to forfeiture, if no allotment is made the deposit will bo returned. Interim receipts will be issued on lodgment, and will bo subsequently excnauged tor Debentures, j The Debentures will bo issued with interest coupons attached. Interest will bo payable half-yearly on presentation of coupons,at a X J ostal Aloney-order Office, or at the Bank of New Zealand, or at the Treasury. Interest will be computed from the loth October, 1913, and will be free of income-tax. An annual Sinking Fund is established to provide, for the redemption of the Debentures, The Debentures will be issued in denominations of £5, £25, £6O, £IOO, £ SOO, iII,QUO, or in such higher denominations as may be agreed upon with the Treasury, and will be made payable to bearer. Debentures will be repayable at par at the Treasury, Wellington, or at any office of the Dank of New Zealand in the Dominion on their due date. Banks and registered Sharebrokers will be allowed a commission of 5s per £IOO on allotments made in respect of applications received from them direct, and which bear their stamp, and
are forwarded to the Treasury or to the Post-offices under cover of the form provided. Covering forms are obtainable from the Post-offices. Commission will be paid after allotment, and will not be allowed on conversions or on transfer of moneys now on deposit with the Post-office Savings-bank. The Debentures are Government Securities in which Trustees are authorised to invest Trust Funds. Applications will close at the Treasury on 6th November, 1916, but the Government reserves the right to dps© at a prior date or to extend the period at its option. In case of over-subscription, the Government reserves the right to clecline any application, in whole or in part, as it may determine. Interest will not be paid in respect of any amounts forwarded with applications which are declined. CONVULSIONS. Holders of Government Debentures issued under the New Zealand Loans Act and maturing on or before the Ist December, 1916, will have the option of, converting into 4£ per cent. 1915 Debentures at par if application is made to the Treasury on or before the 30th November, 1915. The interest under the new debenture will take effect after the coupon for the then current half-year under the old debenture has been paid.
POST-OFFICE SAVINGS-BANK DEPOSITS. Persons who now have money deposited in the Post-office Savings-bank-may purchase per cent. Debentures by moans of transfer. They must apply on or before the 6th November, 1915, to the Postmaster in charge at any Postal Money-order Office within the district in which their account is open in order that the requisite transfer may be made. Interest at 4i per cent, under the new debentures will date from the 15th October, 1915. The forms of application and transfer may be obtained at the Post-offices.
M!88 WALKER DRESSMAKER, 0.8. A. Buildings, BROADWAY. Ladies Own Materials made Style and Fit Guaranteed. Costumes a speciality.
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Stratford Evening Post, Volume XXVIII, Issue 46, 23 October 1915, Page 1
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902Page 1 Advertisements Column 3 Stratford Evening Post, Volume XXVIII, Issue 46, 23 October 1915, Page 1
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