TAHANAKI LAND, BUILDING AND INVESTMENT SOCIETY. (Permanent). Directors: Messrs Richard Cock (Chairman), A. Shuttleworth, W. L. Newman, Newton King, A. Goldwater, T. K. Skinner and Colonel Ellis. BUY YOUR OWN HOME. The Society lends money 011 Freehold 01 approved Leasehold Lands. A borrower may select his own architect, plans and builder. The Society pays cost of preparing and registering all mortgages of £lO9 or o\cr. All profits divided equally amongst borrowers and investors. The Society is purely co-operative. Based on the calculation of the profits made during the last few years, the time required to repay a loan is seven years. For example: A member borrowing £IOO (five shares of £2O each) would have paid in monthly instalments of £1 lis Bd, in seven years £133 0 0 From which, deducting the amount of th« loan Would leave as paid for interest the balance '£33 0 0 The Society has a RESERVE FUND of over £2OOO. Write for prospectus and particulars.. "TP. WEBSTER, Secretary
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https://paperspast.natlib.govt.nz/newspapers/TDN19160719.2.45.2
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Taranaki Daily News, 19 July 1916, Page 8
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164Page 8 Advertisements Column 2 Taranaki Daily News, 19 July 1916, Page 8
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