Page 6 Advertisements Column 3

Taranaki Daily News, 22 April 1921, Page 6

Gilt-Edged 71 °/ o Investment Free of Income Tax ISSUE of 7170 BONDS £25 £5O £lOO The New Zealand Farmers’ Co-operative Association of Canterbury Limited Money For the Farmers* Benefit, Prodigious Success of “The Co-op.” The Purpose of the present issue of Seven-and-a-half per The prosperity of the Farmers of the Dominion has always Cent. Bonds is to render a greater measure of assistance been the guiding principle of the Directors of The New to many Farmers of this Dominion who are affected by the Zealand Farmers’ Co-operative Association of Canterbury, present financial stringency. Obviously, it is not advisable Limited. to call up new capital from the shareholders, as many of During the 39 years of its existence this policy ,has proved them are numbered amongst those who require temporary remarkably successful. The Association has paid an average re bef. . annual dividend of 8% per cent, interest on its Therefore the Directors have decided to approach ordinary capital, and its annual volume of business dond the general public with an attractive investment in the has reached the stupendous total of £5,501,349, and the present form, and they confidently anticipate that the whole number of shareholders has grown to almost 12,000. issue will be quickly taken up in view of the national Messrs. Newburgh, Best and Co., the well-known Public importance of its aim. Accountants of Christchurch certify that the Security supporting The Bonds are offered in three denominations-£25, £5O the Issue as at 3 ’ St Marcb las ‘’ amounted to ° ver Onc ’ and £ 100-for,which applications are invited for £250,000. .and-a-Half Millions, made up as follows:They are payable in five or ten years —from Ist May, 1921 —■ Share Capital Paid up ... ... £877,512 at purchaser’s option, as declared at time of application. Share Capital Subscribed but Uncalled 424,783 They are Bearer Bonds with Interest Coupons attached, Reserve Fund and Undivided Profits which may be cashed at the Bank of New Zealand, or (used in the business) ... ... 209,423 any office of this Association on due dates, free of Exchange. £| 5] | 718 • The fact that they will be readily transferable, without j n addition to the above the increment in cost, like Banknotes, >s a point of special importance. property values amounts to £123,644 in excess of valuations The Bonds are payable in full on application, or one-half shown in the Books. on application, and balance spread over three months. The past success o f thc Association—through good times Interest at the rate of 7| per centum per annum will be and slump times—is a criterion of the great .possibilities payable half-yearly on the first days of May and November that lie ahead. Increasing population, more land under in each year. cultivation, greater development ofX waterpower and of our forests and mines—all this growth is bound o come, bringing Interest on the Bonds will be paid Free of with it more national prosperity,and mo ' 'rofit for this Income Tax. Association. National Prosperity Depends upon the Farmer! . How to Apply for Bonds, i j APPLICATION FOR BONDS Applications for the Bonds will be > ‘Bi rec t ors received at the various Branches of ! N.Z. Farmers’ Co-operative Association of Canterbury Limited, The Bank of New Zealand, or at ; CHRISTCHURCH. the Association’s Head Office, or at ! Kindly allot ” e *Bonds of £each, having a currency any of its Branch Offices; or by any : °/-years, in °f Prospectus dated 14th April, 1921. member of the Stock Exchange As- ; enclose cheque for £-in ft" settlement. agree to pay the sociation of New Zealand. They ! balance monthly in three instalments of £ ...I. t each. will be dealt with in order of receipt. ! Full Name If oversubscribed, the Directors re- ■ Occupation . serve the right to make pro-rata Allot- S Address - ments. ! ' Read full particulars in the Prospectus, which can be j Usual Signature _ obtained at any of the above addresses. Get your i copy Now! .——————- ——

LARGE STOCKS OF JJNIVERSAL gADDLES JUST TO HAND. 1 As used in the N.Z. Mounted Rifles. BAKE & GO. 1 BROADWAY ~v.H STRATFORD. DURING THE WARM WEATHER I VISIT THE MEDINA AND ENJOY A COOL DRINK OR AN ICE CREAM. new Soda Fountain has just been fitted up, and we are in a position to supply customers with the best of iced dainties. Morning and. Afternoon Tea and Dinner provided as usual. Wedding Parties specially catered for. Municipal Buildings .... STRATFORD RANTED KNOWN—That the News can do all classes of printing equal to the best and at reasonable prices. Ring up No. 17 (Jobning, Department), New* er wriU for