A Preliminary Announcement of interest to all DISCRIMINATING INVESTORS A FIRST MORTGAGE DEBENTURE ISSUE Limited to £20,000 Interest 7\ % —will be fully advertised next week This is a Gilt-edged Investment, the whole of which has been underwritten, and as it is one of the best investments offered to the Public for some time, will be rapidly taken up. The following points should be noted: 1. Nature of Security The Issue will be seeured by a Trust Deed in favour of Debenture Holders constituting a First specific Mortgage on the Freehold property of the Company situated close to Queen Street in the heart of the city, and which will be of the value of upwards of £40,000. Debenture Holders will also have the additional security of a First floating Charge on all the Company's assets. The Security is one on which Banks, Trust Companies, and Public Institutions can and do lend their funds. 2. Provision for Reserve The Company in its estimates provides for a Reserve of £450 per annum thereby enabling a Sinking-Fund to be established toward Amortisation of the Debentures. 3. No Trading Risks The Company is not engaged in Trading, but a. Property owning Public Company, and is consequently free from risk attending merchandising or ordinary business. 4. Rise in Value of Debentures Applications will be made to have the Debentures quoted on the Stock Exchange, and they must inevitably reach a good premium. A large number of these Debentures has already been booked ia advance and Investors are advised to send immediately for details so as to ensure an opportunitv of acquiring a holding. C. J. GREEN SHAREBROKER, Bank of New Zealand Chambers, Swanson Sreet, AUCKLAND. Telephone 42-499.
Important Announcement l In pursuance of our policy of handling only the very best lines of Office Equipment we have completed arrangements to represent the famous BRITISH FIRM of SANKEY-SHELDON Ltd. The Foremost Manufacturers of Steel Office Furniture in the World. The Sankey-Sheldon range comprises BALL-BEARING STEEL CABINETS for letter filing, card indexing, document filing, etc.; Steel Cupboards, Shelving, Lockers, etc. MASS production of many hundreds of steel units, especially Steel Cupboards for all office, factory, and household purposes, in the largest factory of its kind, enables us to market their products at prices that are a REVELATION in STEEL OFFICE FURNITURE VALUES. A full range of SankeySheldon Steel Office Furniture is now on view at our Showrooms, Remington Building, Fort Street and you are cordially invited to inspect. Our Office Equipment Agencies now comprise: Remington Typewriter Company, New York. Gerstetner, Ltd., London, England. Dalton Adding Machine Co., U.S.A. Mar chant Calculating Machine Co. U.SA. Tan Sad Chair Co., Ltd., England. Sankey Sheldon, Ltd., England. Phone 44-930 and our Representative will be pleased to give you particulars. OUR ONLY SHOWROOM IS AT 36, FORT STREET. Armstrong & SpringhaU Ltd. Formerly Remington & Roneo Agency, Ltd. The Largest Business Service Organisation in New Zealand. THE SUN Classified Advts. Bring Buyer and. Seller Together
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Bibliographic details
Sun (Auckland), Volume III, Issue 708, 6 July 1929, Page 14
Word Count
491Page 14 Advertisements Column 2 Sun (Auckland), Volume III, Issue 708, 6 July 1929, Page 14
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