INCOME WITHOUT TAX.

Taranaki Daily News, 23 April 1921, Page 6

INCOME WITHOUT TAX.

The possibility pf getting 7i per cent, interest upon your savings—interest free of income tax, too—should prompt you to investigate the 74 per c.*nt. Bond Issue of the N.Z. Farmers’ Co-operative Association, Ltd.

This great company, with forty years of successful trading behind it, and a wonderfully potential future before it, is out to secure £250,000 in order to lend further assistance to the farmers of the Dominion. Will you help the Association to help the men and the industry which are the foundation of New Zealand’s welfare? The bonds are in three denominations £25, £5O, and £loo—and are repayable in five or ten years, at purchaser’s option, which must be stated at the time of application. They bear interest at the rate of 7J per cent, per annum, payable half-yearly, free of Income Tax. Both bonds and interest coupons are readily transferable, like banknotes. Read full particulars in the Prospectus, obtainable from the N.Z. Farmers’ Co-operative Association of Canterbury, Ltd., Christchurch, or from any branch of the Bank of New Zealand, or any member of the Stock Exchange. Don’t now is the time to aet.