Page 7 Advertisements Column 1

Taihape Daily Times, Volume XII, Issue 3616, 1 November 1920, Page 7

rged Soldiers ssue of ,ERM OF LOAN: 12 YEARS, SUBSCRIPTIONS COMPULSORY. The attention of the public is specially drawn to the provisions of the Discharged Soldiers Settlement Loans Act, 1920, under which persons can be compelled to contribute to the Loan an amount caual to the yearly average of the land-tax and income-tax paid or payable by them for the three years ended on the thirty-first °^ t , J. t t ... ~,./ NB—lt must be noted tnat the amount fixed by Act is the minimum subscription only. livery person is expected to invest to the full extent of his ability. Subscribers to previous Loans are not relieved from obligation to subscribe to this Loan. The Subacriptioii-list; will be closed on Thursday, 25th EoYember, 1920. THE Loan is authorised to be raised under the Discharged Soldiers Settlement Loans Act, 1920, and pursuant to the New Zealand Loans Act, 1908, and both ; capital and £ wTZharged soldiers in terms of the Discharged Soldiers Settlement Act, 1915, AND iimJUTAm ? THE[ FORM EITMR OF INSCRIBED ,STOCK OR BEARER-BONDS, at the option of the subscriber, or POST OFFICE INVESTMENT CERTIFI- / 'C ATE S OR OTHER SECUBITffi reserved for individual persons who desire to invest in Inscribed Stock which will be available for payment in New Zealand oT *fj>w,vw oiJ*« - rity must be specially marked. These securities will not be transferable, but may be exchanged at the Treasury for death duties Applications tor applications be received in excess of £2,500,000, an allotment will be made by the Controller and Auditor-General, and an | slu^ e 7f ai Ca illvestment authorised by the Trustee Act, 1908, and Trustees may invest therein. / Applications will not be accepted for less than £IOO, but investors may subscribe sums of £1 and upwards, for a period of five or ten years, at any Postal Money-order Office- • _ . . „ p inn ocftn nilf i c\ 000 or such higher denominations as may be arranged, and will be payable to bearer. The Bonds will be issued m denommations o£ JIOO, g 8 multiple of £lO. Stock will not be issued of the Bank of Now Zealand in the Dominion on 15th January, 1933. The tofof Fmanee by mutu/arrangement aeeept investments for a shorter period than twelve years, bearing interest •" a ■* » NOT free of ineome-tax. o'nae'flrst instalment of instalment allotments will aecrue from date ef lodgment for credit of the Public Account at . the Dearffit 'b™* k Hft rf «ment allotments will date from the respective dates of payment shown under heading "LodgementS'" Inscribed Stock will be paid by Dividend Warrant, which will be transmitted by post, or the amount will be credited to a banking account; at the option of the subscribers. j,.„«._ „< n„„... „„„u the first navment, which will |jc by Treasury cheque. fcJSTSkK Wellington, or at any Postal Money-order Office or branch of the Bank of 1 Z wiU™L option of converting' such Bonds into five and a half per cent. Inscribed Stock on --any half-yearly due date of interest/ .1. _ Forms of a plication may be obtained and lodgments made at any Postal Money-order Office, or at any branch of any Bank, or at the Treasury at Wellington Lodgments will be made as follows:'— .• . Fully-paid Allotm ncnts— inn owr On application __ . Instalment Allotments— • ~n , lonn . 20 per cent, on application (first instalment;, . 20 per cent, (second.instalment), Monday 10th January, 1921; 20 per cent, (third instalment), Thursday, 17th February 1921; , 20 per cent, (fourth instalment), Monday, 21st March, 1921. 20 per cent, (fifth instalment), Thursday, 28th April, 1921, Instalments may be prepaid. instalments nreviouslv paid will be liable to forfeiture- - In case of default m the Payment of any instalment at f ue date |. in Bonds these receipts will be exchangable for Bonds to Bearer as soon Provisional receipts will be issued for all payments, and m the case.ot investments r»uuu & K , as the latter can be prepared. ■ +n investors when theamounts are fully paid up. la the case-of Stock Investments, Inscription-certificates will be P ost \ d \° b Act 1917 (read in conjunction with the New Zealand Loans Act, 1908"), The Stock will be Inscribed in accordance with the New all transfers of Stock will be made. Transfer-forms may be o)> and the inscription-books of the Loan will be kept at the Dominion Treasury, at Wellington, tained at the Treasury. . . ~ _ te of inter est to clients who desire to invest in the Loan but who have not the ready money to enThe Banks have agreed to allow advances at a reasonable rate ot interest to ciionts u able them to do so within the time prescribed. ™; c «i nn n f 5/ ner"£loo on allotments made in respect of applicationsfor this issue bearing their stamp, REGISTERED SHAREBROKERS wiU be allowed a ™™ of memorandum signed by the sharebroker. No commission will be. aland forwarded to the Treasury through any Bank or 1 ostai wwey Government Printer, or on applications not forwarded as aforesaid, or on applications lowed in respect of applications on forms which have not been printed bytne uove for Post-office Investment Certificates, or on applications made .after the closing ot To enable persons of moderate means to subscribe to the Loan, applications will be received at any Postal Money-order Office for Post Office Investment <3erInvestment Certificates are repayable, with interest compounded, at the end of five or tenjears Full particulars regarding the Post Office Investment Certificates are obtainable at any Postal Money-order Office. . « has been made for the establishment of a special fund not exceeding £50,000 per annum for under the authority of the Discharged Soldiers Settlement. Act, 1920, and providing, m addition to the Sinking Funds established under the Public Debt Extmc r , ~tion Act,"a further means of reducing the debt. \. • .will close on 25th November. 1920, but the Minister of Finance reserves the right to close at a prior date or to extend the period- V Treasury, Wellington, N.Z., *\ MA SSEY, • Ist November, 1920. Minister of Finance.

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