LOAN CONVERSION
A large muznber of hflSders of stocfc in the loan being converted by the Government on 15th September next did not submit - applications for conversion. This emission may have been by inadvertence in many cases, or it may have been because the term offered was too short Whether the omission was by inadvertence or design, investors are reminded that a safe and profitable avenue for reinvestment is the Christchurch Drainage Board’s present debenture issue. Reservations can be pencilled now and arrangements made to pay over the amount, of the investment immediately the maturing stock is payable thus avoiding any loss of interest. Full details of this sound security investent can be obtained from any member of the Stock Exchange of New 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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https://paperspast.natlib.govt.nz/newspapers/CHP19550901.2.20
Bibliographic details
Press, Volume XCII, Issue 27752, 1 September 1955, Page 3
Word Count
148LOAN CONVERSION Press, Volume XCII, Issue 27752, 1 September 1955, Page 3
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Acknowledgements
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