Page 1 Advertisements Column 3

Stratford Evening Post, Volume XXVIII, Issue 49, 27 October 1915, Page 1

NEW ZEALAND GOVERNMENT | £4 10s ptr Cent. DEBENTURES Issue of -li per cent. Bearer Deben- . tares, under the authority of the ’ Finance Act, 1915, and pursuant ! to the New Zealand Loans Act, | DOS, as amended by the New Zeaj land Loans Amendment Act, 1915, j to provide moneys for local expend iI ture DURING THE WAR. PRICE OF ISSUE FIXED AT £IOO PER CENT.

mH'E Govormneut of Now Zealand desires to place before the public of the Dominion this prospectus, showing the terms and conditions under which moneys may be invested on the security of the Dub lie Revenues of New Zealand, to provide the funds necessary for local purposes during the present war. in view of the financial strain at present imposed on the Imperial Treasury in providing moneys for carrying on the war, the Government of this country confidently asks all New Zeai unders who can afford to do so to assist the Empire by investing freely in these Debentures, and thus in a measure relieve the Mother Country of the burden of having to provide the capital required for local purposes in New Zealand. Forms of application may be obtained from any Postal Money-order Ofuce, or from the Treasury. Applications may be lodged at any Postal Money-order Office, at the Treasury. Wellington, or at any Bank or registered Sharebroker’s office in the Dominion. Applications may be made for £5 or anv multiple of £5, and for a currency of 5, 10, 15, 20, or 25 years, at the option of the subscriber. Subscribers who apply at a Postal Money-order Office may lodge amounts by cheque or in cash. 11 cheques are forwarded exchange must be added where payable. In cases where application is posted direct to Wellington the lodgments must be first paid iu to the “Public Account” at any branch of the Bank qf New Zealand, and the bank receipt must iu each case be forwarded to Wellington with the application. Applications for sums not exceeding £5,0U0 must be accompanied by the total subscription or Bank receipt for the amount, and applications for sums in excess of £5,000 must be accompanied by a deposit of 10 per cent., balance payable on allotment. Allotment will be made by the Controller and Auditor-General. In the case of default in payment oi the balance the deposit previously paid will be liable to forfeiture. If no allotment is made the deposit will be returned. . ' Interim receipts will be issued on lodgment, and will be subsequently exchanged for Debentures,, The Debentures will be issued with, interest coupons attached. Interest will be payable half-yearly c n presentation of coupons at a Postal Money-order Office, or at the Bank ot New Zealand, or at the Treasury. Interest will be.computed from the J.sfch October, 1915. and will be free of income-tax. , , . , An annual Sinking JBund is established to provide for the redemption he Debentures. . - ho Debentures will be issued in delinations of £5, £25, £SO, £IOO, 0, £I,OOO, or in such higher delinations as may be agreed upon ii the Treasury, and will be made able to bearer. Debentures will repayable at par at the Treasury, llingtou, or at any office of the ik of New Zealand iu the Dominion their due date. lauk& aud registered Sharebrokers be allowed a commission of 6s per Kj on allotments made in respect of licatious received from them dir- , and which bear their stamp, anti forwarded to the or to Post-offices under cover of the form vided. Covering forms are obtam--3 from the Post-offices. Commission [ be paid after allotment, and will be allowed on conversions or on usfer of moneys now on deposit with Post-office Savings-bank. 'he Debentures are Government unties in which Trustees are aurised to invest Trust Funds. Applications will close at the Deayon tith November, 1919. \ )Ufc l t^ie vcruracut reserves the right to close a prior date or to extend the period S* case of over-subscription, the vo rumen t reserves the right to deie any application, in whole or m ■t, as’ it may determine. luteiest 1 not he paid in respect of any ounts forwarded with applications ich are declined.

CONVULSIONS. Holders of Government Debentures issued under the New Zeaiiind Loans \ct uud maturing on or before the let December, 1916, will have the option of converting into 4* per cent. IJlu Debentures at par it applicat .> made to the Treasury on or betoxe the 30th November, 1915. The interest under the new debenture " ill take et feet after the coupon tor the then current half-year under the old debenture lias been paid. POST-OFFICE SA\TNGS-BANK DEPersons who Upw have mpney deposited in the Post-office Sayuigs-han]? ■nay purchase 4* per cent. Debentures >y means of transfer. 1 hey must ap,1 Y on or before the 6th November. 915 to the Postmaster in charge at my Postal Money-order Office within die district in which their account is ipen in order that the requisite trans- 1 ; cr may he made. Interest at 4j pm ■out. under the uow debentures will late from the 15th October, 1915. Ihe forms of application and transfer may b© obtained at the Post-offices. TO TRUSTEES, “Trustees desiring to invest Trpst monies in the 41 per cent. Government Debentures Loan mar make special arrangements with the lieueurv in regard to the tune and method of" lodging the deposit or purchase money for the debentures.