Page 1 Advertisements Column 5

Ashburton Guardian, Volume XXXV, Issue 8274, 20 October 1915, Page 1

PUBLIC NOTICES. NEW ZEALAND GOVERNMENT £4 10S Her Cent. DEBENTURES. Issue of 4j Per Cent. Bearer Debentures, uuder the authority of the Finance Act, 1915, and pursuant to the xNew Zealand Loans Act, 1908, j as amended by the Now Zealand j Loans Amendment Act, 1910, to j provide moneys for local expenditure ! DURING THE WAlt. THE PRICE OF ISSUE FIXED AT 100 PER CENT. THE Government of New Zealand desires to place before the 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 j New Zealand, to provide the funds necessary for local purposes during the present war. In view of the financial strain at present imposed on the Imperial Treasury in providing moneys for carrying on the war, the Government of this country confidently asks all New Zealauders who can afford to do so to assist the Empire by investing freely in these Debentures, and thus in a, measure 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 must be first paid in to the "Public j 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. Applications for sums not exceeding £5,000 must be accompanied by tho total subscription or bank receipt for the amount, and applications for vsums in excess of £5,000 must be accompanied by a deposit of 10 per cent,, bal-I ance payable on allotment. Allotment j will ".be made by the Controller ar-cl Auditor-General. In the case of default in payment of the balance the dep^it previously paid will be liable to forfeiture. ■If no allotment is made \he deposit will be returned. Interim receipts will be issue 1 oii lodgments,, and will be subsequently exchanged for the Debentures. The Debentures 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, 1916, and will'be fros" of income-tax. An annual Sinking Fund is established to provide for the redemption of the Debentures. The Debentures will be issued in dinominations of £5, £25, £50, £100, £500, £1000, or in such higher denominations as may be agreed upon with the Treasury, and will be made 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 sharcbrokers 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 are forwarded to the Treasury or to tho Post-office under cover of the form.providedi ■Covering forms are ■■.obtainable from the Post-offices. Commission will bo 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 Debentxu-cs are Government Securities in which Trustees are authorised to invest Trust Funds. Applications will close at the Treasury on 6th November, 1915, but tho Government reserves the right to close at a prior date or to extend that period at its option. In cases of over-subscription, the Goyornmeht reserves tho right to decline any application, in whole or in part, as it may determine. Interest will nofc be paid 'in respect of any amounts forwarded with applications which are do dined. CONVERSIONS. Holders of Government Debentures issued under the New Zealand Loiuis Act and maturing on or before mo Ist December, 1916, will have the option of converting into 4-A- per oeut. 1916 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 i then current half-year under the old ; Debenture has been paid. , POST-OFFICE SAVINGS BANK DEPOSITS. Persons who now have money-tie- ! posited in the Post-office Savings- ' bank may purchase 4.£ 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 the i district in which their account is. open 'in order that the requisite transfer I may be made. Interest at 4£ per cent. under tho new debentures will date from the 15th October, 1915. The. forms of application and transfer may be obtained at the Post-offices. 10 246 M"R DAVID GILLIES,, Music I Teacher (Registered with the Minister of Education), is prepared to receive Pupils at his new address, Havelock Street .(opposite Presbyterian Oliriro.li). "norhifed' Railway Fares to Country Pupils.