CHRISTCHURCH DRAINAGE BOARD’S EXPANSION PLANS MAY BE RETARDED
Essential reticulation work of a major nature envisioned over a number of years may be delayed to a standstill if funds are not forthcoming to satisfy present and future financial requirements. Already the letting of several large contracts hangs in the balance until the Board can be assured that sufficient money are available. The health and well-being of the entire community demands that progress be not obstructed and you can do your share by investing in the Christchurch Drainage Board’s £550,000 Loan at 4 per cent, over an attractive 10-year term. This is a trustee security. Debentures are issued in denominations of £lOO, £5OO and £lOOO and interest accrues from date of lodgement of cash with application. Full details of this sound security investment can be obtained from any member of the Stock Exchange of Nev Zealand, from any Branch of any Bank throughout New Zealand, or from the Secretary. Christchurch Drainage Board, 198 Hereford street. Christchurch. P.O. Box 406. Advt.
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Bibliographic details
Press, Volume XCII, Issue 27733, 10 August 1955, Page 7
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169CHRISTCHURCH DRAINAGE BOARD’S EXPANSION PLANS MAY BE RETARDED Press, Volume XCII, Issue 27733, 10 August 1955, Page 7
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