Page 6 Advertisements Column 1

Auckland Star, Volume LXX, Issue 118, 22 May 1939, Page 6

DOMINION OF WgraS NEW ZEALAND NEW ZEALAND GOVERNMENT LOANS ISSUE of £4,500,000 STOCK Authorised to be raised In accordance with the provisions of the New Zealand Loans Act. 1932, whereby the Interest and principal on a direct charge upon the public revenues of the Dominion. THE ISSUE MAY BE TAKEN UP IN EITHER OF THE FOLLOWING FORMS: 1. 4% STOCK at £96% W *** , "* WW Th« Price of issue, £96 per Is payable either Repayable 31st May, 1954-58 inier. fu " on »«»"" tlo »- «■ <"> '» i~t.im.nt. « On Application £10% On Friday 30th June, 1939 £40% On Friday 4th August, 1939 £46% £°6% 2. (t/O STOCK at £S9/0 The price of Issue. £99 per cent.,, payable either Repayable 30th November, 1948 £ndJrV u " on app,icatlon ' or < B > ln ln '* ,ments - On Application £10% On Friday 30th June, 1939 £40% On Friday 4th August, 1939 £49% £99% The RESERVE BANK OF NEW ZEALAND gives notice that on STAMP DUTY «. tr v Z^dGovcSirLcl^^vl 18^ t0 rCCCiVC a PP lkations for transfer thereof othlrwisSaTby * "* °° ** OBJECTS OF LOAN. The proceeds of the issue are to be utilized for JlnM, f'c A ? V P"j rson of thc a S c of te « years or upwards may be registered «8 Public Works and general developmental purposes, including capital cxpendfrnrc on '° f St ° Ck and may execute transfers defence works. IKITFRCCT -__ .-.--_^ lT "V 5"" I • Inteiert wiU be payable half-yearly on the 31st May and tbt REPAYMENT. If not previously redeemed, the £4 per cent. Loan 1954/19,8 A"£11%? "' . .„ L . A will be paid off at par at the Reserve Bank of New Zealand on the ,m May. allotmentof K WIU ** P * id ° n thc ?oth November, 1939, on fully-paid but the Minister of Finance reserves the right to repay at par at any time on or after A fZ ™ V Loans the 31st May. 1954, on giving three months' notice, in thc New Zealand Gazette of rotvTKwi™l £i-io-6d. per cent, on instalment allotments will be made on tht his intention to repay. v ' 3 ° tn November, 1939. If the market selling price of the (x t>er cent Loan n i""' on Stock will be paid free of inland exchange bv means of interest cent., sums Will be made available annually, as required, ?f interest to any agent in the Dominion ; existing instructions for the payment at Up to a total of 5 per cent, of the amount of the Loan of A* T Domlnlon on New Zealand Government Stock will obtain in respect outstanding at the end of the previous financial year, for Tnt T/'1 r ■* ' L SKS* for can " Ui "" >n of such "°* ™ «*• «•» *55«« ~|2SssSs e-jssars P"Ce. Reserve Bank of New Zealand. Wellington ; at any branch of the Bank of NeW If not previously redeemed, the £4 per cent. Loan. ,948, will be paid off at par at " DomlmoQ '• or at *»y P Money-order Office in New Zealand the Reserve Bank of New Zealand on thc 30th November. 1948. EXCHANGE ON REMITTANCE .-, ~ „ _;i,. „ .T c J- 1 , . Cheques in payment of allotment Stock of the £4 per cent. Loan, 1948, which has been in aCceptcd frce of mknd exchan Bethe beneficial ownership of a holder for a period of at least AN AUTHORISED TRUSTEE INVESTMENT Trustees may SIX months prior to death, will be accepted at par at any lnve a st ,n ? ithcr of the above-mentioned Loans under the powers ofthe Trustees Act, time before maturity in payment of death duties in respect I 9° ' ss ex P ressl y forbidden in the instrument (if am-) creating the Trust. of that person's estate. APPLICATIONS a >- • *Tb. b 1 t« Applications, on the prescribed form, will be received at The ultimate repayment ofthe Public Debt of the Dominion is. in the main pro- of .™ w Zeala nd, Wellington ;at any branch of the Bank of New vided for under the Repayment ofthe Public Debt Act, 1925, in pursuance of which Uommion, or at any Postal Money-order Office in New Zealand. New Zealand's Debt reduction resources shall be applied in and * PP be f ° f SUmS ° f £t ° or for a multi P le hereof. redemption of New Zealand Government securities at or before maturitv. For this Applications for Fully-paid Allotments of the £4 per cent. Loan must be purpose there is issued annually out of the Consolidated Fund a sum equal to * per accompanied by a remittance of £96 per cent, ofthe nominal amount applied for. and cent, of the Debt affected, and to this is added a sum equal to interest at 34 per cent. applications for Fully-paid Allotments ofthe £4 per cent. Loan 1948 by a remittance per annum of the Debt paid off under this scheme. The Repayment of thc Public ~" pcT cent- of thc nominal amount applied for. ?SK A ? apP . IiCS - *?• the , m si° r P?? ion of thc Dominion's Debt, certain loans for J° thc . event of partial allotment, the balance ofthe amount paid on application will which adequate sinking fund provisions are specifically provided, and also the portion be refunded to thc applicant on allotment application » iJaaffisasissl^li. ,, - Impcrial Govemment ' having "- * accompanied »*■ **•*■«» SECURITIES. On surrender of fully-paid Allotment Letters on or after the CC °f thc Cposit P ald on application will be 4 th August, 1939, New Zealand Government Stock will be issued in either of the ?E C v mstalmcnt due °n the 30th June, 1959; my following forms as applicants may direct:— ifient g P a >' me nt will be refunded to the applicant on (i) Registered Stock transferable by Memorandum of Transfer. In case of default in the payment of any instalment at its proper date thc deposit and (2) Stock Certificate(s) to bearer with coupons annexed. any sum previously paid will be liable to forfeiture and the rehti've allotment to _ . jo. cancellation. Registered Stock will be convertible into Stock Certificates to bearer, and Stock Commi«inn at thr n *~ r*r .* „ r , Certificates will be convertible into Registered Stock, without payment of any fee. teafcSS fh a Jlh«,w ,i 5 i , Pcr / lOO , stock will be allowed to bankers and TB , ilfrPßP * • IMJ y S „ sharebrok c« on allotments made in respect of applications bearing their TRANSFERS. The Register of Stock will be kept at the Reserve Bank of New samp. Zealand, Wellington, where transfers will be registered without payment of any fee. __ ___ Stock will be transferable in amounts of £5 or multiples thereof COPIES OF THIS PROSPECTUS and forms of application may Stock Certificates (until the name of some person is inserted therein as the holder) be obtained at the Reserve Bank of New Zealand WMlinotniiare transferable by delivery. _~ __„ ~r -«., w 1 --. ..1. V» Zealand, Wellington, y atany branch of any Bank m the Dominion; at any Postal MoneyCERTIFICATES OF TITLE. Certificates of Title evidencing ownership of ® rde / °mce in New Zealand; or from members of any Stock the stock to which they relate will be issued, without payment of any fee, to holders Exchange in the Dominion. of Registered Stock in either thc £4 per cent. Loan, 19J4/1958, or the £4 per cent. Loan, 1948. An advtrtis,ntinfutboristdby the Ktsirv* Bank o/Ntw Zealand, Wellington, 1 j/j May, 1939 THE LIST OF APPLICATIONS WILL BE CLOSED ON OR BEFORE 31st MAY, 1939