A RICH INVESTMENT.
£IOO EARNS £BO INTEREST IN TEN YEARS. . Investors wishing to make money earn tho L maximum cannot afford to overlook the. opportunity offered in tho Second Debenture Issue of tho Coal Co., Ltd., of £15.000, : for a .period of ten years, the company offering 8 per cent, free of income-tax ti> debenture holders. This i means that an investment of £IOO returns'in-ten' years £BO interest plus theoriginal £IOO- The principal- security offered is a fully developed colliery at "presont producing an output of moro tlian 500 tons pfer"day - (which, moreover, can be . increased), and . a coal field which has. .already., been proved to contain enough coal to last for tho next 50 Tho' output for the past ten vetrs' has neen 110. less than 00,085 tons, tho totat output to date being'just on two. mfflions tons. Applications for debenture forms can. be secured from any-.brarich ..of tho .Bank of New South Wales, or.from tho secretary of the comoany, Mr G. G. Townsend F.1.A.N.Z., Kegd. Accountant, lS3'Caahel street, Christchurch. • 6
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Bibliographic details
Press, Volume LX, Issue 18228, 12 November 1924, Page 11
Word Count
172A RICH INVESTMENT. Press, Volume LX, Issue 18228, 12 November 1924, Page 11
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