Page 7 Advertisements Column 6

Taranaki Daily News, 15 January 1921, Page 7

NOTICE OF ISSUE OF PROSPECTUS. THE KAUPOKONUI DAIRY FACTORY COMPANY, LTD. FOR THE ISSTO OF. £70,000 ‘A’ DEBENTURE STOCK IN SUMS OF £lOO AND MULTIPLES THEREOF. BEARING INTEREST AT £7 5s PER CENTUi FREE OF EXCHANGE IN NEW ZEALAND. CAPITAL OF COMPANY. £60,000 DIVIDED INTO 60,000 SHARES OF £1 EACHI PAID-UP CAPITAL AT DATE 0E ISSUE OE PROSPECTUS: £48,011; •These Debentures are offered for subscription on the following terms: — £25 0N APPLICATION £25 0N ALLOTMENT £25 THREE MONTHS £25 3 VITHIN SIX months with the right to pay the whole amount in cash at once. Interest will be computed on the amounts paid up, from date of payment. Subscribers io have the option to have the Debentures for a term of 6, 8 or 10 years. The Company paid to its suppliers for milk delivered for the season 1919-1920 the sum of £245,942. The Company's Store turnover has increased from [£21),805 for its financial year 1910-1911 to [£92,111 foj 1919-1920. Investors are reminded tha? under existing Laws the Income Tax payable upon these Debentures is noil 3/- in the £1 income derived therefrom, whereas in many cases up to as high as 8/9 in the ( £1 income tax is payabw for income derived from other sources. If a person pays no income tax then he does not pay Debenture Tax. This fact alone makes this investment a very attractive one. Copies of the Prospectus and Forms of Application for Debentures can be obtained from the office of the Company at Kaupokonui. from the Principal Branches of the Bank of New Zealand, and at the office of this paper or at the office of the Company’s Solicitor, Mr. A. G. Bennett, Manaia. Applications will be dealt with in the order of their receipt. The Prospectus itself has been filed with the Registrar of Joint Stock Companies Dated this 22n i day of December, 1920. By Order of ihe Board of Directors. a, c, 4aaetar