Page 7 Advertisements Column 4

Taranaki Daily News, 29 June 1921, Page 7

FINEST INVESTMENT EVER OFFERED IN NEW ZEALAND. MORTGAGE DEBENTURES. This statement was made by a wellknown financial man after a study of the prospectus of the issue of 7A cent. Mortgage Debentures issued by the Gisborne Sheepfarmers’ Frozen Meat I Co., Ltd. Not only is the interest high, but the currency of the debentures is ten years, I and the security is such as to satisfy the most timid investor. The £300,000 issue is secured, by first mortgage of properties and plant conservatively valued at £615,263. The trustee for the debenture-holders is the N.Z. Insurance Co., Ltd., Auckland. Interest is payable free of Debenture Tax. The Gisborne Sheepfarmers’ Frozen Meat and Mercantile Co., Ltd., is the pioneer farmers’ company in Poverty Bay, having been established 19 years ago. Its subscribed capital is £637,136, and paid-up capital, £395,754 10s. The shareholders number 1600. It has three up-to-date freezing works, at Gisborne, Tokomaru Bay. and Hick’s Bay, also numerous stores and warehouses. The full story is told in the prospectus, which every reader should obtain. Enquire of: —The Bank of New Zealand or any member of the Stock Exchange, or from the Company’s broker, Mr. W. Lissanc Clayton, Gisborne, or the Company’s Office,. Gisborne. CLINCHER CYCLE TYRES, made in Britain, give greater value for the money, more comfort in riding, greater freedom from punctures, better and longer service. All cycle deate Tft -