The £IO,OOO First Mortgage S|% Debentures and also the Shares offered for Public Subscription by | STADIUMS (N.Z.) LTD. are being rapidly subscribed Special Features of Debenture Issue SECURITY: First charge upon the whole of the assets of the Company, being a fixed charge on the freehold and leasehold lands of the Company, and a floating charge on all its other assets "and property. SAFE MARGIN: At no stage of the Issue will Debentures be allotted for an amount exceeding 60 pcT cent, of the total value of Shares and Debentures sub* scribed. INTEREST: Is at the rate of 8j per cent per annum (free of income tax), payable half-yearly-interest commences at once on amount paid. SINKING FUND: The Company- must provide a Sinking Fund by an annual payment sufficient to pay the Debentures to be issued before their maturity. The Company has no right to p*>' off before then. investors will be well advised : get a copy' of the Prospect befo re the issue is closed* C. J. GREEK SHAREBROKER Bank cf N.Z. Chambers. Swans® 5 Auckland. ! Applications for Shares or r may also be made through c licensed Sharebroker.
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https://paperspast.natlib.govt.nz/newspapers/SUNAK19291123.2.125.1
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Sun (Auckland), Volume III, Issue 828, 23 November 1929, Page 10
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190Page 10 Advertisements Column 1 Sun (Auckland), Volume III, Issue 828, 23 November 1929, Page 10
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