WILSON’S PORTLAND CEMENT COMPANY.
At a meeting of directors off Wilson ’s Portland. Ceme.nt_.Company, held yesterday', it was decided to £2500 in the war bonds. - v . - ■ i ■■ w'O’J PAYMENT OF INTEREST. CONCESSION TO TRUSTEES. WELLINGTON,' This Day. Speaking of the war loan to-pght,. Sir Joseph Ward said: —‘ ‘ Re;presenfations have been made to me by' trustees and others who desire to invest moneys on behalf of trust beneficiaries, and they point out that to break investments now bearing interest and not to receive interest from the Government upon the whole amount would, result in loss to those whom, they' represent. I recognise that the difficulty is one that should be met, and I have given instructions to meet cases not only' of trustees, but of any'one who desires to apply for investment in war debentures, that interest i will be allowed in full on applications, up to £20,000 —that is, a full six months’ interest dating from September 1, provided the applicants apply not later than August 21, and pay the full amount for which they are applying on or before the end of the present month_ Those desiring to invest for larger sums .will be dealt with announced in the prospectus. I have ■ reason to believe that, speaking generally, it suits the larger applicants to have their payments spread in instalments over the period named in theprospectus—that is, six months. ’ ’
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Bibliographic details
Taihape Daily Times, Issue 160, 18 August 1916, Page 4
Word Count
230WILSON’S PORTLAND CEMENT COMPANY. Taihape Daily Times, Issue 160, 18 August 1916, Page 4
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