THRIFT IN YOUTH.
INVEST IN CHRISTCHURCH DRAINAGE BOARD DEBENTURES. FREE OF EXCHANGE. Thrift in youth gives a start. In .middle age it loans the advantage of investment. In old, age it guarantees security. While you are young invest in Christchurch Drainage Board Debentures obtainable in Denominations of £IOO, £SOO, or £IOOO, which ever you prefer. Interest on these is paid at the attractive rate 'of £5 15s per cent, per annum, free of exchange at any branch of the Bank of New Zealand within the Dominion. The term is for fifty years from October Ist, 1923, with the right of redemption by the Board of the whole c any portion after the expiration of fifteen years. The security is absolutely gilt-edged,; being covered by special rates over the capital value of the whole of the City of Christchurch, and a large portion of the suburbs. Copies of the Board's Prospectus are obtainable free on application to the Board, or from any Branch of the Bank of New Zealand. Application Money should be addressed to the Secretary of the Christctireh Drainage Board, 198 Hereford street, Christchurch, in Cash, Bank Draft, or Cheque, exchange being paid br th* Board on all accepted monev. —5693
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Bibliographic details
Press, Volume LXII, Issue 18676, 27 April 1926, Page 10
Word Count
202THRIFT IN YOUTH. Press, Volume LXII, Issue 18676, 27 April 1926, Page 10
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