Dominion of New Zealand. PEOSPECTuS Discharged Soldiers Loan Issue of £8,000,000 A-per-cent. PRICE OF ISSUE; PAR. iERM OF LOAM: 12 YEARS. SUBSCRIPTIONS COMPULSORY. . .- " » +1 Soldiers Settlement Loans Act, 1920, under which persons can be compelled The attention of the public is specially land-tax and income-tax paid or payable by them for the three years ended on the thirty-first to contribute to the Loan an amount equal to the year 1} average ot tne ia. u lav of March, nineteen hundred and twenty f v t vvi ]l bear interest at the rate of three-per cent- per annum only. ' All moneys invested under the compulsoij clauses 1 4 ■ m subscription only.. Every person is expected to invest AT-R rt must be noted tnat the amount fixed bj Act is im 11L1,U,UL - ... iyrest to the full extent of his ability. Thursday, 26th Bovember, 1020. Xll6 t 0 be raised undel . th Discharged Soldiers Settlement Loans Act, pursuant to the New Zealand Loans Act, 1908, and both interest will be charged upon the consolidated revenue ot the Dc oimni d so j di ers j„ terms of the Discharged Soldiers Settlement Act, 1915, AND option of the subscriber, or POST OFFICE INVESTMENT CEETIPIHATES OR OTHER SECURITIES. , ,m in f m s ire to invest in Inscribed Stock which will be available for payment in New Zealand of £9 500 000 of the Loan will be reserved for mdfvidu P" s p ed These securities will not be transferable, but may be exchanged at the Treasury for death tS Applications for this eta.* o"”^"od Z ™f £2,500,000. an allotment will be made by the Controller and Auditor-Genera, other available securities, if so desired. Should apphea . |nvegtcd iu ordinary Stock or Bonds, at the option of the subscriber. and any sums which cannot be accepted foi L a Trustee Act 1908 and Trustees may invest therein. . . „ „ , . p . The issue is an investment authorised bj the liustee A, JU sllbsc ,ib c sums of £1 .and upwards, for a period of five or ten years, at any Bosun Applications will not be accepted for less than £IOO, out <stoi J ~ ~ > Money-order Office- . ... . £ r, oo mid £1 000 or such higher denominations as may be arranged, ana will be payable to hearer. The Bonds will be issued in denominations of £IOO, £SOO, and fci.uuu excess ol £IOO mU st be a multiple of £lO. lhe C Lo W an l wm "d ££ interest " 8 is NOT free of income-tax. The first interest will be paid on 15th July, 1921. instalment allotments will accrue from date of lodgment for credit of the. Public Account at _P .'ll-.- -nfiid allotments and on. tne mst mouuiuci the nearest of any Bank or of any allotments will date from the respective dates of payment shown under heading “LodgeInterest on second, third, fourth, and mtn magnums v monte.” , be paid hy Dividend Warrant, which will be transmitted by post, or the amount will be credited to a banking account; at the paidou rf », except or Office or branch of the Bank of Both Warrants and C P London or Australia as may be arianged. ;■ cOll verting such Bonds into five and a half per cent. Inscribed Stock New Zealand in the Dominion, 01 d tM Loan wl u have- the option ot CONVERSION— Holders of Bonds issutu any half-yearly due date of interest on LOBGMIITS. UVvum!-«SW w• - n ~1 m ,j rr Off-ce, or at any branch, of ally Bank, or. at the Treasury at ‘Wellington Forms of application may be obtained and lodgments made at any Postal Mom >-0. dm -+ . ■ Lodgments will be made as follows: Fully-paid _ _ 100 per cent. ' - t Instalment Allot , c(Mlt 0 n application (first instalment); 192 i. 20 per cent, (second uistalmey, Monday, 10th JanuaD , 20 per cent, 21st March. 1921. 281,1 Apra - 192L Instalments may be prepaid. , , , ina+nlmpiits ru-oviouslv paid will be liable to foifeituie • ... In case of default in the Payment of any instalment at its due d , . Bondg these receipts will bo cxchangable for Bonds to Bearer as soon Provisional receipts will -be issued for all payments, and in tn . the latter can be prepared. , , +n investors when theamounts are fully paid up. . IQnQ N In the case of Stock Investments, Inscription-certificates wifi be P° , Act 1917 (read in conjunction with the New Zealand Loans Act, 1908), The Stock will be Inscribed in accordance with the New Zeal JP „ t Wellington where all transfers of Stock will be made. Transfer-forms may be 00d the inscription-books of the Loan will be kept at the Dominion Tieasmy, * hied at the Treasury. ‘ reasonable rate of interest to clients who desire to invest m the Loan but who have not the ready money 0 nThe Banks have agreed to allow advances at a reasonable , ,le them to do so within the time prescribed. f 5/ vev £ioo on allotments made in respect of this issue bearing their stamp, REGISTERED SHAREBROKERS will be allowed a common ot 5/ PC coycr of memorandum signed by the sharebroker. No commission will b e ald forwarded to the Treasury through any Bank or Postal Mone> . , d b the Government Printer, or on applications not forwarded as aforesaid, or on applications wed in respect of applications on forms which lave no e closing of the Loan. r Post-office Investment Certificates, or on gpp 1 - 1 t.t m 01P 'Q mTUBTp * BPfPQ poqt OFFICE INVESTMENT JTUOJL w* flrmlieations will be received at any Postal Money-order Office for Post Office Investment CerTo enable persons of moderate means to subscribe to t e ,PP Certificates are repayable with at any Post al Money-order Office, pull particulars regarding the lost Office Investment , . ..yf.f.o,(liuv £50,000 per annum for the purpose ol stabilising the value of securities issued Provision hasten made for the establishment of a special fund not » in add ition to the Sinking Funds established under the Public Debt Bxtinc„ler the authority of the Discharged Soldiers Settlement, Act, 1920, and promclmg, „„ Ac, a further means ol reducing the debt. APPLICATIONS. will close on 25th November, 1920, but the Minister of Finance reserves the right to close at. a prior date of to extend the periodTreasury, Wellington, N.Z., Ist November, 1920. Mniic+AT* a ? TTHou/m
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Bibliographic details
Taihape Daily Times, Volume XII, Issue 3615, 30 October 1920, Page 7
Word Count
1,203Page 7 Advertisements Column 1 Taihape Daily Times, Volume XII, Issue 3615, 30 October 1920, Page 7
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