Gilt-Edged 71% Investment Free of Income Tax dw__«3 oCOvl dC X vlvr Five or Ten Years The New Zealand Farmers' Co-operative Association of Canterbury Limited _________________________________ »' Money For the Farmers' Benefit Prodigious Success of "The Co-op." The Purpose of the present issue of Seven-and-a-half per The prosperity of the Farmers of the Dominion has always Cent. Bonds is to render a greater measure of assistance been the guiding principle of the Directors of The New to many Farmers of this Dominion who are affected by the Zealand Farmers' Co-operative Association of Canterbury, present financial stringency. Obviously, it is not advisable Limited. to call up new capital from the shareholders, as many of During the 39 years of its existence this policy has proved them are numbered amongst those who require temporary remarkably successful. The Association has paid an average reue *'' annual dividend of &}_ per cent, interest on its Therefore the Directors have decided to approach ordinary capital, and its annual volume of business done the general public with an attractive investment in the has reached the stupendous total of £5,501,349, and the present form, and they confidently anticipate that the whole number of shareholders has grown to almost 12,000. issue will be quickly taken up in view of the national Messrs. Newburgh, Best and Co., the well-known Public importance of its aim. Accountants of Christchurch certify that the Security supporting XL o j v j • _ j * _• roc ctn the Issue, as at 31st March last, amounted to over Onelhe Bonds are ottered in three denominations —£25, £50 . ~„.».„. i m and £100-for which applications are invited for £250.000. and-a-Half Millions, made up as follows:They are payable in five or ten years—from Ist May, 1921— Share Capital Paid up £877,512 at purchaser's option, as declared at time of application. Shar « Capital Subscribed but Uncalled 424,783 They are Bearer Bonds with Interest Coupons attached, Reserve Fund and Undivided Profits which may be cashed at the Bank of New Zealand, or < used ,n the business) 209,423 any office of this Association on due dates, free of Exchange. £1,511,718 The fact that they will be readily transferable, without | n Virion to the above the increment in the Associations cost, like Banknotes, is a point of special importance. property values amounts to £123,644 in excess of valuations The Bonds are payable in full on application, or one-half shown in the Books. on application, and balance spread over three months. j he past success 0 f the Association—through good times Interest at the rate of 7_ per centum per annum will be and slum P Hraes—is a criterion of the great possibilities ' payable half-yearly on 1 the first days of May and November that lie ahead. Increasing population, more land under in each year. -cultivation, greater development of waterpower and of our forests and mines—all this growth is bound to come, bringing Interest on the Bonds will be paid Free Of with it more national prosperity,and more profit for this Income Tax.. - Association. National Prosperity Depends upon the Farmer! How to Apply for Bonds. APPLICATION FOR BONDS Applications for the Bonds will be | —~ ~j. / j received at the various Branches or | N.Z. Farmers' Co-operative Association of Canterbury Limited, j The Bank of New Zealand, or at \ CHRISTCHURCH. \ i i the Association's Head Office, or at [ Kindly allot ~ Bonds of £- each, having a currency \ any of its Branch Offices; or by any j°J • — y ears > in lerms °f Prospectus dated 14th April, 1921. \ member of the Stock Exchange As- I tv t enclose cheque for £ in settlement. £ c agree to pay the j sociation of New Zealand. They j balance monthly in three instalments oj £ _ each. \ ■ S will be dealt with in order of receipt. 1 Full Name 1 | v - ! If oversubscribed, the Directors re- j Occupation :r. j serve the right to make pro-rata Allot- \ Address : ments. : ■ : i Read full particulars in the Prospectus, which can be j Usual Signature , S obtained at any of the above addresses. Get your • J copy Note! _..— ——— r ...! •» 1 L4_o&l}Z 0 * o*'0 *' \ x ___*&_*_ They wear so well! § M-J BAjV-W al. If \ Month after month the y are I CI _____._* __T _ i 8 . - .v - _______ in use with scarcely any ■ v_. _••%__. <Q>£g£. What is the secret ___\ _P_< ' f * Yo i will find I S I /y^^^C\^S^ jolly *h_ith ? C Half your boots last three times | •£_*!• - 'I \ Kruschen Salts in a / , I _sff=H iv ~ =s -*? =i -'"-T = =^. tumbler of hot water „P*l__3 4/" Dainty Sets for Ladies \\- B .__>.! IT*K _■___»___■ ■■__ every morning. • __- I _11 T_ ,_,_._, V____a______i That's it! Enough ■H?, ~ oi 11 1 alirloors IJP^I^HB for two months in a soles * heels i 1 «k. • . BB__ ~___~_\ JmM 2/6bottic. Ana_» T&r ; Ljlli .,, /:ir» ll ' u *MS I Dids zr\ $il»__^l»flT_J___ A : Men r. H.'ghl) .:,. : W ■" V# Bm O -m_ mfJ-M __ttrASp*w¥i M fl ■_~_, _j RUBBERS I «-.«. H^fS^H O 1 • ____i!! __J____{ •!_*_. time of three- I "*« OUrt_____ |H E_T _M __P mt SOl nBY Agents for Now Zealand— ""'"". ■ . ' ii -G/fl/L X^ l ? RB&" k\ fU* IX _» BOOTMEN BRAOFIELO Lid, 5 W °' RN *__\_l __^ ffVf _0± BOOTMEN 34. WAIEK STREET THROUGHOUT __S§§_ls|sS3W/M , /M rQ_l_K_ K_^^ I*' EVERYWHERE. j PUEDiN. j THE WORLD __^_^^^^^_^^^^^^_^^^J^^H
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Auckland Star, Volume LII, Issue 95, 22 April 1921, Page 8
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854Page 8 Advertisements Column 2 Auckland Star, Volume LII, Issue 95, 22 April 1921, Page 8
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