TARANAKI LAND. BUILDING AND INVEST* MENT SOCIETY. (Permanent) Directors: Messrs. Richard Cock (chairman), J. D. Sole, W. L. Newman, Newton King, A. Goldwater, W. H. Skinner, R. H. George. BUY YOUR OWN HOME. The Society lends money on Freehold or approved Leasehold Lands. A borrower may select his own architect, plans and builder. The Society pays cost of preparing and registering all mortgages of £ 100 or over. All profits divided equally amongst borrowers and investors. The Society is purely co-opera-tive. Based on the calculation of the profits made during the last few years. For example: A member borrowing £lOO (five shares of £2O each) would have paid in monthly instalments of £1 Ils 8d in seven ye-irs .. £133 0 0 From which, deducting Hie amount of the loan . 100 0 0 Would leave as paid for interest the balance .. £53 0 0 The Society has a RESERVE FUND of 4&8909.
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https://paperspast.natlib.govt.nz/newspapers/TDN19210319.2.8.3
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Taranaki Daily News, 19 March 1921, Page 2
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150Page 2 Advertisements Column 3 Taranaki Daily News, 19 March 1921, Page 2
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