MONEY AND STOCKS. OPUNAKE HARBOUR BOARD LOAN or £50,060 At Six per cent. rpiin OPUNAKE HARBOUR BOARD A is offering—--500 DEBENTURES OE .£lOO EACH EOR 10 YEARS, BEARING Interest at £6 per cent, per annum. Unusually good security, comprising—1. Special rate over the whole of the Opiinake 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 bo 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 to or from any Branch of the Bank of New Zealand in the Dominion. (2) Interest coupons are attached to Debentures, and n.re 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 those whose income tax assessment is below this rate. (4) The generous rate of SIX PER CENT., which is being paid for 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, MaeSHANE AND SCL ANDERS, \ Sharebrokers, Members Wellington Stock Exchange, 17 Grey Street, Wellington. Telegrams: "Marmion." GERALD TOLHURST. Shared • broker member Wellington Stock Exchange. First mortgages arranged. 143 Featherston Street. Telephone 1501. Telegraphic address: "Gerbuttol." M. ADAMO Zjl* Sharebroker, Public Accountant, 12 PANAMA STREET.
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Dominion, Volume 16, Issue 176, 13 April 1923, Page 8
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297Page 8 Advertisements Column 2 Dominion, Volume 16, Issue 176, 13 April 1923, Page 8
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