Page 3 Advertisements Column 2

Wairarapa Times-Age, 4 January 1941, Page 3

DOMINION OF NEW ZEALAND NEW ZEALAND GOVERNMENT NATIONAL DEVELOPMENT LOANS 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 & Issue of Stock in either of the following forms: si per cent. Stock 3 per cent. Stock repayable 15th January, 1956/1959 repayable 15th July, 1945 First interest payment, 15th July, 1941 First interest payment, 15th July, 1941 PRICE OF ISSUE: PRICE OF ISSUE: £97 Ss» per cent. per cent. Payable on Application Payable on Application r t Interest payable 15th January and 15th July . . . ___ • — Tf IE RESERV E BANK OF NEW ZEALAND gives notice that, on be- The ultimate repayment of the Public Debt of the Dominion it, in the main, half of the Minister of Finance it is authorised to receive applica- provided for tinder the Repayment of the Public Debt Act, 1925, in portions for the issue of stock in terms of this Prospectus. suunce of which New Zealand’s debt-reduction resources shall be applied in the purchase and ’redemption of New Zealand Government securities at PURPOSE OF LOANS. Ihe proceeds- of these Loans are to be utilised or before maturity. For this purpose there is issued annually out of the lor general developmental purposes comprising railway construction and Consolidated Fund a sum equal to 1 per cent, of the Debt affected, and to improvement, hydro-electric development, land development and aiforesta- this is added a sum equal to 31 per cent, per annum of the Debt paid off lion, housing, roads and highways, and public buildings, including telegraph under this scheme. The Repayment of the Public Debt Act applies to the □nd telephone extension. major portion of the Dominion’s Debt, certain loans for which adequate sinking-fund provisions arc specifically provided, and also the portion of SECURITIES. New Zealand Government Stock will be issued in either New Zealand’s War Debt funded with the ImjH-ri.il Government, having of the following forms as applicants may direct: — been excluded from the Debt Repayment Scheme. (1) Registered Stock transferable by Memorandum of Transfer. T RANSFERS. The Register of Stock will be kept at the Reserve Bank of (2) Stock Certificate (s) to bearer with coupons annexed. New Zealand, Wellington, where transfers will be registered without payRegistered Stock will be convertible into Stock Certificates to bearer. ™ en ‘ ‘? f an >’ fcv ' S,ock wiH bv in amounts of £5 or multiple and Stock Certificates will be convertible into Registered Stock, without pay- thereof. .... incut of any jce. Stock Certificates (until the name of some person is inserted therein as the holder) are transferable by delivery. A I’RUS I If- INVESTMENT. Trustees may invest in these Loans under rrnnrir»Trc <sr titit it r v t i" i I • I* du- powers of the Trustee Act, 1908, unless expresslv forbidden bv the in- CERTIbICAILS (5b HILE. It Cemhcatw of I -tie evidencing ownmlup -moment (if anv) creating (he Trust. ' - of l, ! e sUM * arv f c 9 applications should be made on the prewr.bed form. No fee is payable for the issue of a Certificate of I ttle, INTEREST. Interest will be paid half-yearly on the 15th January and 15th STAMP DUTY. Transfers of this stock will be exempt from Stamp Duty. July. Ihe first interest payment will be calculated from the date on which the application, accompanied by payment in full, is lodged with any Re- MINORS. .Any jserson of the age of ten years or upwards may be registered cc .ing A.’.ency nominated in this Prospectus, and will be made on the half- as the holder of stock and may execute transfers thereof. yearly interest date next following that date. Interest on Registered Stock , .... . will in- paid free of inland exchange by means of interest warrants, which EXCHANGE ON RLMI I I ANCi-.S. Cheques m payment of amounts will lu- transmitted bv post at the risk of the stockholder. The Reserve subscribed to these Loans will be accepted /»<<■ <>/ inland cahangt. Bank of New Zealand will accept directions from stockholders for pay- A ppi JCATIONS. Applications, which must be accompanied by a remittn- .u of interest to anv agent m the Domuuon; ex-.st.ng instructions for the ( fof (h(> f(||l p{ ((u . Mock t|ppll> , v ( f or lu . Jt l(u . payment of mt. rest m the Domm.on will obtain in respect of these Loans. Resvrve B )nk of Ncw Zejlaruli Wellington; at (he District Treasury Offices Im. rest on Stock Certduates to bearer w.ll be paid free of tnland ex- j( Alß . k | aniL Christchurch, or Dunedin; -it -my branch of any Bank in the .hang, bx m.-trns o coupons annex d to the Cert.mates. Interest coupons Bolninion . or , lt 4nv Postal Money-order Office in New Zealand, injy be presented at the Reserve B.ink of New Zealand, Wellington; ar an\ ... f ( i • i t » branch oi die Bank of New Zealand in rhe Dominion; or at any Postal .Applications must be for wrm of XlO or tor a multiple thereof* Muney-ordOi Oilice in New Zealand. (kunmission at the rati- of ss. per £lOO stuck will be allowed to bankers ami registered sharebrokers on applications bearing theii stamp. REi)!:Mi’l lON OF lOANS. If not prcvioiish - rcslcemed, the 4| per cent. . . .. . . . . loan 1'»56 1959 will be paid off at par at the'Reserve Bank of New Zea- Copies ot thi* Prospectus B r.d forms of application may be obtained land on the 15th January. 1959. but th.- Minisuc of Finance reserves the New ZeMaml. Welhngton: at the Dutnct right to repay at par at anv time on or after the Isth January. 1956. on I'reasury Others M Auckland, Chmfchureh or Dunedin; at any branch giting three months' notice in the .Vch of his intention Bank in the Dominion; at any Postal Money-ordrr Ofhce in New U) rc p it y Zealand; or from members of any Stock Exchange tn the Dominion. If not previously redeemed, the I per cent. I oan 1945 will be paisl off at 4 j, fn » aar/uwnrj bj ihr A’rwor Aa.i u) V.s. Z*a.a*£ JTrHiM'ca, par at the Reserve Bank of New Zealand on the 15th July, 1945, I'm. The list of applications will be opened forthwith and may be closed as J regards either stock at any time determined by the Minister of Finance.

: h»g i be .. >■ . ■ . t Hr ever sav.'