COMMERCIAL ENTERPRISE NEAV FINANCIAL ORGANISATION. In England, U.S.A., Canada, and Australia there have existed for some time organisations to finance credit sales ,of commercial motor vehicles. New Zealand has been without the services of one of these exceptionally useful concerns, which arc of tho greatest benefit to purchasers and vendors of motor vehicles and to the fortunate shareholders. An organisation known as the N.Z. Guarantee Corporation, Ltd., has now been formed te transact business along these lines. The public are offered 116,000 £1 shares out of the authorised capiHl of £200,000. Already the number of shares applied for largely exceeds the number' necessary for registration. This quick response shows that keensighted business people realise the wonderful opportunities that lie before this new enterprise, and it is expected that within a very tew weeks the present offering will be fully subscribed. Ample security for the loan will be provided by the" motor vehicles under approved hire-purcliase agreements, insured under comprehensive policies against all risks. Full particulars are given in the prospectus, which can bo obtained from any member of the Affiliated Steck Exchange of New Zealand, anv branch of the Bank of New South AVales, the Corporation’s Interim Secretary, Mr. Frank H. Tavlor. Box 553, AA’elling ton, or the Chief Brokers of the Cnpi tai issue, Alessrs. A. AL Adams and Company, 12 Panama Street, AVellington. —Advt, “It is possible for a person to 1:0 unable to read words and yet able tl calculate and read figures,” says a wellknown doctor.
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Bibliographic details
Dominion, Volume 16, Issue 149, 12 March 1923, Page 8
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250Page 8 Advertisements Column 1 Dominion, Volume 16, Issue 149, 12 March 1923, Page 8
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