Page 10 Advertisements Column 3

Taranaki Daily News, 28 September 1940, Page 10

lAI DOMINION OF NEW ZEALAND NEW ZEALAND GOVERNMENT WAR LOAN, 1953 Authorised to be raised in accordance with the provisions of the New Zealand Loans Act. 1932 % whereby the interest and principal are a direct charge upon the public revenues of the Dominion. Issue of Stock Repayable Ist October, 1953 Proceeds to be used for equipping and maintaining the armed forces of the Dominion, and for other war purposes. Stock of this issue is non-interest bearing up to the ist October, 1943. Interest will be paid thereafter at the rate of z\ per cent. per annum. A first interest payment of £1-5-0 per cent. will be made on the ist April, 1944. PRIGE OF ISSUE.1 £100 per cent. Payable as follows : On Application - - - • £30 per cent. On 16th December, 1940 • £40 per cent. On 25th March, 1941 - - • £30 per cent. RA?TS OF SUBSCRIPTION. The Mfnister of Finance has indicated TRANSFERS. The Register of Stock will be kept at the Reserve Bank of that for the purposes of the Finance Emergency Regulations 1940 (No. 2) New Zealand, Wellington, where transfers will be registered without payment he will not regard any person as having subscribed in due proportion to his 0f any fee. Stock will be transferable in amounts of £5 or mulupies thereot. means urless such person has subscribed to this Loan at least the amount of ... , . payable by him in respect of income derived during the year CERTIFICATES OF TITLE. If Certificates of Title evidencmg o^mership ended 31st March, 1939, being the tax normally payable in February, 1940, 0f the stock are requtred apphcations should be made on the prescribed fprm. decreased in the case of individuals by £50 and in the case of companies by No fee is payable for the issue of a Certificate of Title. £70. For the purposes of computing this minimum subscription, which must . -u. be calculated to the nearest multiple of £10, any income that was free or INTEREST. Interest on stock of this issue will not commence unal the income-tax in the hands of the recipient shall be deemed to have been subject lst October, 1943. Thereafter interest will be paid half-yearly on the 1st April to such taxation. The tax-free income which would be taken into account in ancj the lst October: the first payment, being a full six months interest at this wav includes dividends other than those from companies incorporated in the rate of Z\ per cent. per annum, will be made on the lst April, 19**. New Zealand, interest from tax-free Government Stock and from tax-free Interest will be paid free of inland exchange by means of interest warrants, comoanv del>entures, tax-free income derived from abroad, and also farming which will be transmitted by post at the risk of the stockholder. Ihe Keserve income where the land used had an unimproved value of less than £3,000. Bank of New Zealand will accept directions from stockholders for payment of interest to any agent in the Dominion; existing instructions for the payment TRUSTEE PROVISION. The Trustee Act, 1908, authorizes, trustees to invest of interest ;n the Dominion will obtain in respect of this Loan. in Government securities, and special provisions affecting trustees are contained in Regulation 20 of the Finance Emergency Regulations 1940 (No. 2), the STAMP DUTY. Transfers of stock of this issue will be exempt trom Stamp effect of which is that no obligation, or limitation imposed on any trustee by Duty virtue of any trust, instrument, or otherwise shall prevent or excuse him from s . compliance with any direction, notice, or requirement under those Regulations. MINORS. Any person of the age of ten years or upwards may be registerea as the holder of stock and may execute transfers thereof. RIGHT TO CONVERT EXISTING INTEREST-FREE LOANS. Any person who prior to the issue of this Prospectus has made a loan free of EXCHANGE ON REMITTANCES. Cheques in payment of amounts subinterest to the Government for the purposes of the War Expenses Account scribed to this Loan will he accepted free of inland exchange. established under Part I of the War Expenses Act, 1939, may apply to convert such loan in whole or in part into an equivalent amount of stock of this issue, CASH APPLICATIONS. Cash Applications, on the prescribed form, will be in which case (but not otherwise) the amount of such original loan thus con- received at the Reserve Bank of New Zealand, Wellington; at the District verted will be regarded as a contribution to this Loan. Treasury Offices at Auckland, Christchurch, or Dunedin; at any branch of Any person who makes or has made a gift to the War Expenses Account may any Bank in the Dominion, or at any Postal Money-order Office in New reduce his contribution to this loan by the amount of such gift. Zealand. The RESERVE BANK OF NEW ZEALAND gh-es no.iee «h,., e„ b.h.lf oi APphe.uo^ oTIkt the Minister of Finance, it is authorized to receive applications for the issue appl^5 for of stock in terms of this Prospectus. ^ ^ of ^ jnstaIment will rend ^ OBJECT OF LOAN. The proceeds of the issue will be paid into the War amounts previously paid liable to forfeiture and the allotment to cancellation, Expenses Account established under Part I of the War Expenses Act, 1939. applicant will not be regarded as having contributed to this Loan. REPAYMENT. The loan will be repaid at par at the Reserve Bank of New Prepayment in full or in part may be made at any time. 7..|,nr| Wellington on the lst October, 1953, but any stock issued to a person . ■ «««.. ti an an'nlication made in terms of this Prospectus will be accepted CONVERSION OFFER. Persons who prior to this issue of this Prospectus S vTat any time^e ore rnamly^ ^paym^t of death duties in respect of have made loans free of interest to the Government for the purposes of the at par at an> time betore maruriry y y War Expenses Account established under Part I of the War Expenses Act, t at persons es ^ 1939, are offered conversion into an equal nominal amount of stock of The ultimate repayment of the Public Debt of the Dominion is, in the main, this issue. provided for under the Repayment of the Public Debt Act, 1925, lp pursuance persons wishing to avail themselves of the offer of conversion in accordance of which New Zealand's debt-reduction resources shall be applied in the pur- terms set forth ;n this Prospectus must transmit their applications on chase and redemption of New Zealand Government securities at or e ore prescribed forms, accompanied by relative documents of title, if any, to maturity. For this purpose there is issued annually out of the Consolidated P Zealand, Wellington. Fund a sum equal to i per cent. of the Debt affected, and to this is added a sum equal to interest at 33 per cent. per annum of the Debt paid oft under Copies of this Prospectus and forms of cash application may be obtained at this scheme. The Repayment of the Public Debt Act applies to the major ^ Reserve Bank o{ New Zealand, Wellington; at the District Treasury Offices portion of the Dominion's Debt, certain loans for which adequate sinking-tund ^ Auckland, Christchurch, or Dunedin; at any branch of any Bank in the provisions are specifically provided, and also the portion of New Zealand s Dominion; at any Postal Money-order Office in New Zealand; or from War Debt funded with the Imperial Government, having been excluded from members of any Stock Exchange in the Dominion. the Debt Repayment Scheme. - Forms of application for the conversion offer are obtainable at the Reserve SECURITIES. New Zealand Government Stock transferable by Memorandum Bank of New Zealand, Wellington, only. fully-pTif AnmmtntiSLe«ersn ^ ^ ^ ^ ^ ^ /In advertisement authorised by the Reserve Bank of New Zealand, Wellington, l6th Septembtr, 194©THE LiST OF APPLICATIONS WILL BE CLOSED ON 18th OCTOBER, 1940

! CHIROPRACTIC. I S. I. Nolan, D.C.Ph.C.N.D., visits Hawera Thursdays. Address, 56 Argyle Street. Hours : 1 p.m. to 3 p.m. All nervous and functional complaints successfully treated. Now here is a \ Message for Motorists ! If v \ vou wan^ enjoy Night And prevent serious damage. Call in and see us about installing a new Relay Lighting System in your car. J. M. GABBIE, M.S.A.E.E., HIGH STREET WEST, HAWERA. Take them to Union Street, the little Shop with the Big Reputatioa G. V . TAYLOR. AUTft AND ARE THEY advice of our satisfied clients to— SPRAGG'S." Molov Body Builders and Car Renovators, HAWERA. Give your Home a Beauly Treatment by NEW WALLPAPER i ^r0m ^ ^a"paper C. RASMUSSEN, Priitces Street : : Hawera. FLOWERS FOR ALL OCCASIONS. A } ' Specially arranged \ 'n a ttra c ti ve CelloEVELYN BELL, f*r"ices fhone * 2490, Hawera.