rpARANAKI LAND. BDILDING AND INVKST- j X MKNT SOCIETY. » (Permanent). . | Directors: Messrs Richard Cock (Chairman), A. i Shuttleworth, W. •!,. Newman, Newton King, I A.. Uoldwater,. T. K. Skinner, Colonel Ellis. J BUY YOUR OWN HOME. 1 The Society lends money on Freehold or ap- I proved Leasehold Laruls. i A ' bnrrowelr may select* his own architect, plafis .and builder. The Society pays cost of preparing and regis- 1 Bering all mortgages of £IOO or over. I All profits divined equally amongst borrower!! and investors. The Society is purely co-opera- , tive.... * Based on the calculation of the profits made during the last tew 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 Us 8d in seven years ... £133 0 0 From which, deducting the amount t ol the loan 100 0 0 I'Wonldi jeave aa paid I,* interest the "balance £55 0 8 The Society , has a RESERVE FUND oj * . over £2OOO. ... " ,; t U»J|§', : J# proiptctu tod, (MtEettUM. Miilf|iiii«
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https://paperspast.natlib.govt.nz/newspapers/TDN19170302.2.55.2
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Taranaki Daily News, 2 March 1917, Page 8
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179Page 8 Advertisements Column 2 Taranaki Daily News, 2 March 1917, Page 8
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