Page 3 Advertisements Column 2

Bay of Plenty Beacon, Volume 4, Issue 138, 6 August 1941, Page 3

fljjvsf DOMINION OF NEW ZEALAND NEW ZEALAND GOVERNMENT Authorized 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 Dominion. Issue of £10,000,000 in either of the following forms: 2.2 per cent. Stock repayable Ist August, 1946 3 per cent. Stock repayable Ist August, 1951/54 First interest payment Ist February, 1942, on — First interest payment Ist February, 1942, on — Fuliy-paid Allotments £1-5-0 per cent. Fully-paid Allotments £1-30-0 per cent. Instalment Allotments £0-15-6 per cent. Instalment Allotments £0-18-6 per cent.. Interest payable, Ist February and Ist August PRICE OF ISSUE: £100 PER CENT. Payable as follows: (a) For Fully-paid Allotments full issue price is payable on application. (b) For Instalment Allotments : £20 per cent, is payable on application. £30 per cent, is payable Wednesday, Ist October, 1941. £30 per cent, is payable Monday, 3rd November, 1941. £20 percent, is payable Monday, Ist December, 1941. £ 100 per cent. Loan opens Ist August, 1941: Closes 2nd September, 1941 The Minister of Finance reserves the right to close at an earlier date. The Reserve Bank of New Zealand has been authorized by the Minister coupons annexed to the Certificates. The interest due Ist February, 1942, of Finance to receive applications for the issue of £10,000,000 New Zealand on Instalment Allotments of Stock Certificates will be paid by means of Government Stock as above. warrants which will be forwarded by post to the subscriber. PURPOSE OF LOAN. The proceeds of the issue will be paid into the REGISTRATION OF STOCK. Stock will be registered in the names War Expenses Account established under Part 1 of the War Expenses of the subscribers, and Stock Certificates to bearer will be issued as soon Act, 1939. a? practicable after payment of the full amount of the subscription has A TRUSTEE INVESTMENT. Trustees are authorized by the Trustee een ™ ade ' , . ' Act, 1908, to invest in New Zealand Government Stocks unless expressly Stock Certificates to bearer may net be issued for amounts of less than £50. forbidden by the instrument (if any) creating the trust. °Ntn t registration of stock registration certificates will be issued to subscribers ..... unless certificates or title evidencing ownership or the stock are required. METHOD OF PAYMENT. Subscriptions may oe paid in full at time case application for such certificates should be made on. the of application or by instalments on the terms specified in tnis prospectus; prescribed form. Provided that by arrangement with the Reserve Bank a subscriber may . , n c , c <-?■ t < , . ~ „ 1 j r The register of stock will be kept at the Reserve Bank of New Zealand, oav in advance any or ail ot the instalments du? in. respect ci an mstai- wr-u. i r -n > • i • i c c n it. i i j i Wellington, where transfers will be registered without payment of any fee. ment allotment, and where any such advance payment is made and accepted & > . at least fourteen days before due elate of the instalment or instalments TRANSFERS. Transfers of Government Stock otherwise than by way A DISCOUNT AT THE RATE OF £2 PER CENT. PER ANNUM of gift are exempt from stamp duty. WILL BE ALLOWED from the date of payment up to the due date of Death-duty Stock is not transferable as such from person to person, but the instalment or instalments. may be exchanged for ordinary stock, which is transferable. Cheques in payment of deposits or instalments will be accepted free of Stock Certificates (until the name of some person is inserted therein as inland exchange. the holder) are transferable by delivery. Default in payment of any instalment at its proper date renders any sum MINORS. .. Any minor of the age of ten years or upwards may be regispreviously paid liable to forfeiture and the relative allotment to can- tered as the holder of stock and may execute transfers therecv. cellation. REPAYMENT. The 2]-per-cent. Stock of this issue WILL BE REPAID FORMS OF STOCK. New Zealand Government Stoctc will be issued par at the Reserve Bank of New Zealand on the Ist August, 1946. in any of the following forms as applicants may direct on the form of The 3 _ per . cem> Stock Q r this issuej if not prev iously redeemed, WILL BE application: REPAID at par on the Ist August, 1954, but the Minister of Finance (a) Registered £>tock transferable by memorandum of transfer; reserves the right to repay at par at any time on or after the Ist August, (b) Stock Certificates to bearer with coupons annexed; 1951, 011 giving not less than three months' notice in the New Zealand (c) Death-duty Stock. Gazette of his intention to repay. Registered Stock may be converted into Stock Certificates to bearer, and The ultimate repayment of the Public Debt of the Dominion is in the Stock Certificates may be converted into Registered Stock without payment main provided for under the Repayment of the Public Debt Act, 1925, of any fee. in pursuance of which New Zealand's debt-reducrion resources shall be INTEREST PAYMENTS. Interest will be paid half-yearly on the Ist applied in the purchase and redemption of New Zealand Government February and Ist August. The first payment will be made on the Ist securities at or before maturity. February, 1942, at the following rates: — APPLICATIONS. Applications accompanied by a remittance for the (a) On Fully-paid allotments of both loans, a full half-year's interest. full issue price, or the required deposit of £20 per cent., may be lodged (b) On Instalment allotments on the 2i-per-cent. loan, 15s. 6d. per "at the Reserve Bank of New Zealand, at any branch of any trading bank in the Dominion, at the District Treasury Offices at Auckland, Christie) On ""instalment allotments of the 3-per-cent. loan, 18s. 6d. per church, or Dunedin, or at any postal money-order office in New Zealand. cent Applications must be for an amount of £10 or multiples thereof. Interest on Registered Stock, including Death-duty Stock, will be paid by Commission at the rate of ss. per £100 of St°ck allotted will be allowed means of interest warrants, which will be. transmitted by post at the risk to bankers and registered sharebrokers on applications bearing their stamp, of the holder. The Reserve Bank of New Zealand will accept directions COPIES OF PROSPECTUS AND APPLICATION FORMS. These may from stockholders for payment of their interest to any agent in the b e obtained from—The Reserve Bank of New Zealand, Wellington; the - Dominion; existing instructions for the payment of interest will apply in District Treasury Offices at Auckland, Christchurch, or Dunedin; any respect of both loans. branch of any trading bank in New Zealand; any postal money-order Interest on Stock Certificates to bearer excepting the interest due on office in New Zealand, or from members of any Stock Exchange in New Instalment Allotments on Ist February, 1942, will be paid by means of Zealand. The list of applications is now open and will be. closed on or before Tuesday, 2nd September, 1941. Subscribe Early - INVEST IN VICTORY An advertisement authorized by the Reserve Bank of New Zealand, Wellington, Ist August, 1941.

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