Page 1 Advertisements Column 5

Ashburton Guardian, Volume XXXV, Issue 8271, 16 October 1915, Page 1

PUBLIC NOTICES. NEW ZEALAND GOVERNMENT £4 10S Per Cent. DEBENTURES. Issue of 4-J Per Cent. Bearer Debentures, under the authority of tlie Finance Act, 1915, and '■.•■pursuant to the New Zealand Loans Act, 1908, as amended by the. New Zealand,j Loans Amendment Act, 1915, to | provide moneys for local expenditure DURING 1 THE WAR. THE PRICE OF ISSUE FIXED AT 100 PER CENT. THE Government of Now Zealand desires to „ place before tho public of.the Dominion this prospectus, showing the terms and conditions under which moneys may be invested on the security of the Public Revenues of New Zealand, to provide the funds necessary for local purposes during the present war. In ■ view of tlie financial strain at present imposed on the Imperial Treasury, in;providing moneys for can-yjng j on-the ' war, the Government of tin's country confidently asks all New Zealanders who can afford to do so to assist the Empire by investing freely in these Debentures, and thus.in a mea-f isure relieve the Mother Country of the burden of having to provide- the- capital required for local purposes in New Zealand. Forms of application may be obtained from any Postal Money-order Office, or from the Treasury. Applications may be lodged at any Postal Money-order Office,, at the Treasury, Wellington, or at any Bank or registered Sharebroker's office in the Dominion. Applications may be made for £5 or any multiple of £5,. and for the currency of 5, 10, 15, 20, or 25 years, at the option of the subscriber. Subscribers who apply at a Postal Money-order Office may lodge amounts by cheque or in cash. If cheques are forwarded exchange must be added where payable. In cases where application is posted direct to Wellington the lodgments nvust be first paid in to the ''Public Account" at any branch of the Bank of New Zealand, and the bank receipt must in such case be forwarded to Wellington with the application. i Applications for sums not exceeding £5,000 must" fee accompanied by the total subscription or bank receipt" for the amount, and applications for sums in excess of £5,000 must be accompan- j ied by a deposit of 10 per cent., bal- | ance payable on allotment. Allotment will be made by the Controller and Auditor-General. , ' In. the case of default in payment of the balance- the deport , previously paid will be liable to forfsi- j ture. If no allotment is made >.he deposit will be returned. Interim receipts will be issue J oit lodgments, and • will- be subsequently j exciiangedt for the: Debentures. ■'-■' -J ■ The s ,Debentuves -will ,be issued with interest coupons attached. '">' Interest will be payable, half-yearly on presentation of coupons at a Postal; Money-order Office, or at the Bank of New Zealand, or at the Treasury. Interest will be computed from the 15th October, 1915, and will be frtje of income-tax. An annual Sinking Fund is established to provide for the redemption of the Debentures. . j The Debentures will be issued in d> , nominations of £5, £25, £50, £100, | £500, £1000, or in such higher de-; nominations as may be agreed upon with the 1 Treasury, and will be made 1 payable to bearer. Debentures .will-be repayable at par at the Treasury, .Wellington, or at any office of the Bank of New Zealand in the Dominion on. their due date. Banks and registered sharebrokers will be allowed a commission of 5s per £100 on allotment made in respect of applications received from them direct, and which bear their stamp, and aro I forwarded to the Treasury or to the Post-office under cover of the form provided. Covering forms are obtainable 1 from the ''Post-offices';; Commission will be paid after allotment, and (will not be allowed on conversions'or on transfers of moneys now on deposit with the Post-office Savings-bank. The Debentures are Government Securities in which Trustees are author- j ised to invest Trust Funds. Applications will close at the Treasury on 6th November, 1915, but the Government reserves the right to close at a prior date or to extend that period at its option. In cases of over-subscription, the Government reserves: the right to decline any application, in whole or in part/as it may determine. Interest will not !>o paid in respect of any amounts forwarded with applications which are declined. ■ • CONVERSIONS. h Holders of Government Debentures issued under the New Zealand Lojuks Act and maturing on or before me Ist December, 1916, will have tho option of converting into 4* per oent. 1915 Debentures at par if application is made to the Treasury on or before the 30th November, 1915. The interest under the new Debenture will take effect after the coupon for the then current half-year under the old Debenture has been paid. POST-OFFICE SAVINGS BANK. DEPOSITS. Persons who now have money deposited in tho Post-office Savingsbank may purchase H per cent-. Debentures by means of transfer. They must apply on or before 6th November, 1915, to the Postmaster in charge at any Postal Money-order office within tho I district in which their account- is open in order that tho requisite transfer may be made. Interest at 41 per cent, under - the new debentures will date from tho 15th October, 1915. Tho forms of application and transfer may be obtained at the Post-offices. 10 2-10 SUTTON'S Garden Seeds arc giving every satisfaction to all our clients. We have, a big stock of Vege.table and. Flower Seeds for present sowing. All varieties at 4d per packet. Button's Seeds are . insurance against failure. —Sold by John Orr. and C0..----the East Street Store. .