Page 10 Advertisements Column 2

Dominion, Volume 16, Issue 175, 12 April 1923, Page 10

MONEY AND STOCKS. OPUNAKE HARBOUR BOARD LOAN OF £5Q.000 At Six per cent. rpHE OPUNAKE HARBOUR BOARD A is offering— ’. 500 DEBENTURES OF .£lOO EACH FOR 10 YEARS, BEARING Interest at £6 per cent, per annum. Unusually good security, comprising—1. Special rate over tho whole of the Opunako Harbour District, which is an exceptionally fertile district, carrying a rateable value of £974,891. (This special rate is more than sufficient to pay interest and sinking fund.) 2. The whole of the Board’s net revenue. (This is estimated to be almost double as much as will be required to pay interest and sinking fund.) 3. The whole of the Board’s Assets. The attention of investors is drawn to the facts that apart from the unusual excellence of the security offered; (1) The Board will pay exchange on payments of both principal and interest, and on repayment of principal io or from any Branch of the Bank of New Zealand 'in tho Dominion. (2) Interest coupons are attached to Debentures, and are payable six monthly. _ (3) The maximum tax payable on income derived from this investment is 2s. 6d. in the £l, with a refund payable to (hose whose income tax assessment is below this rate. (4) The generous rate of SIX PER CENT., which is being paid for the loan. ’ Prospectus and application forms obtainable from the Broker for the issue. .CHAS. B. BUXTON, Financial Broker, 164 Featherston Street. HN. GOOCH . N. GOOCH. Member Wellington Stock Exchange. UNION BANK CHAMBERS. Wellington. SHAREBROKER. COMPANY PROMOTER. ’Phones 973, 26-528. YMOCK, MncSHANB AND SCL ANDERS, Sharebrokers, Members Wellington Stock Exchange, 17 Grey Street, • Wellington. Telegrams: "Marmion.” GERALD TOLHURST. Share- • broker member Wellington Stock Ekdliange. First mortgages arranged. 143 Featherston Street. Telephone 1501. Te 1 egraphic address: "Gerbuttol. _ T M. ADA M Q 2X. Sharebroker, kD Public Accountant, 12 PANAMA STREET.