Page 10 Advertisements Column 2

Sun (Auckland), Volume III, Issue 871, 15 January 1930, Page 10

Important Public Announcement ADVANCING VALUE OF SAFE STANDARD SECURITIES WAITAKERE RANGES LIMITED hereby wish to announce that the Auckland Suburban Laml Bonds; of £27, uv. each (which are payable £2/10/- deposit and balance JC l per month for months, free of any interest and free from any further costs to the Bondholders. every Bond representing one-quarter of an acre of free and unencumbered Auckland suburban freehold land), will from 31st day of next March 1930, be purchasable only at a premium of L 5 per Rond, namely £32 10 I each: by a payment of £7 10'- deposit and the balance LI per month, also that a further premium on these Bonds will be recorded within a short period thereafter. This has been made possible by the fact that these Bonds have been placed on the market at an extraordinary low price, showing at the very lowest estimate a return of over 300 per cent., and giving the investors a sate and gilt-edged security for their money. Investors who do not wish to miss this last opportunity are hereby advised to write without delay to the Waitakere Ranges Limited. Box 167 Auckland, for the prospectus, and read it carefully, then fill in application for as many Bonds as their financial position permits them to buy. and send same with the deposit to the Financial Director. Waitakere Ranges Limited Dilworth Buildings, Auckland. Those who can come are invited to call at the Company's offices. 206 Dilworth Buildings, Queen Street, Auckland, and the management will be pleased to take them to inspect the Bond Propertv before they buy the Bonds. It may be noted here that many Auckland and and outside investors, who have inspected the Bond property before buving Bonds, have, after thorough inspection, purchased large parcels varying from five to fifty Bonds each, and no one who has taken the trouble to inspect the land has failed to purchase these Bonds. * The investing public are hereby cautioned not to confuse this Bond Proposition with the usual gambling speculations such as shares in speculative concerns, etc., a good example of which is the recent disastrous gambling on the New York Stock Exchange where millions of pounds were lost in a few hours and hundreds of thousands of small investors (commonly calLd “suckers” by the big Stock Exchange operators) have been ruined and lost all their life's savings. The mining history alone in Auckland would make most interesting reading if the enormous losses suffered by the public Mere published. Auckland Suburban Land Bonds are not a speculation but an ABSOLUTE SAFE AND GILT-EDGED INVESTMENT, representing freehold unencumbered land in the suburb of the greatest and fastest growing city in this Dominion, which land can never be encumbered nor lost to the Bondholder, and which on the most conservative estimate will yield profits that are equal or even greater than those promised on the most risky and speculative ventures. Auckland is a beautiful city and is destined to become one of the great cities of the empire. The only fault that can be found with it is that in summer time its atmosphere is sultry and depressing. Fortunately Waitakeres is the one and ouly part of Auckland which, although only a short distance from the heart of the city, possesses a completely changed, bracing, vitalising, energising, health-giving, clear and rarified air. And when the Morningside Railway Deviation is put through (which is recognised boih economically and esthetically as the most urgent work in Auckland, and which the late Prime Minister had definitely promised would be put through In five years, and the present Government did not and dare not repudiate. Waitakere will be only about 20 minutes train journey from the Auckland Town Hall. Ask any person who has lived in Waitakeres for even a short period what health benefits did they derive therefrom and the reply will convince you that from a health point of view alone Waitakeres is the greatest and most valuable asset that the City of Auckland possesses. Those who contend that it will become a rich man’s suburb of Auckland have indisputably grounds for their contentions. The history of the growth of land values in the new' world’s cities makes most fascinating reading. When New York was young the whole of Manhattan Island was purchased by a Dutchman for 24 dollars. Today it is selling at one million and five hundred thousand pounds an acre. The history of Auckland is the best guide to prospective buyers of these Bonds. More fortunes have been made on buying Auckland city and suburban freehold lands than from all other sources together. The late Sir John Logan Campbell’s and the late Mr. Dilworth’s estates, the bulk of which have been bequested to public institutions and which were originally acquired at only nominal costs, are now w T orth millions of pounds. Thousands of others have made large fortunes out of the increased value of land in and around Auckland. What is now the town of Papakura (a suburb of Auckland), which is 20 miles from the Auckland General Post Office, was paddocks twelve years ago, and sold at so much per acre, yet today it is a town, has fine streets with up-to-date shops, and is selling at so much per foot. Hundreds of other examples in and around Auckland can be quoted to show' you that the best and the safest investment in a growing city is the freehold land. CONCLUSIONS —The greatest business may fail: forests may be destroyed by fires: valuable plantations may be ruined by fires, droughts, diseases, etc.: ships may suffer shipwreck; man may reach exhaustion point; but LAND ENDURES. SEND TODAY FOR A WAITAKERE BOND PROSPECTUS TO WAITAKERE RANGES. LTD., BOX 167, AUCKLAND.

WISEMANS FOR TENNIS GEAR Frank Wiseman Ltd. 170-172 QUEEN STREET Branch 55—KARANGAHAPE ROAD.