MONEY AND STOCKS, OPUNAKE HARBOUR BOARD LOAN OF £50,000 At Six per cent. rpilE OPUNAKE HARBOUR BOARD A- is offering—--500 DEBENTURES OF £lOO EACH FOR 10 YEARS, BEARING Interest at £6 per cent, per annum. ■ i -. Unusually good security, comprising—1. Special rate over tho whole of the Opunake 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 tho Board’s Assets. The attention of investors is drawn to the facts that apart from the i)niisual excellence of tho 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 Ze.tland in tho Dominion, (2) Interest coupons aro attached to Debentures, and are payable six monthly. (3) The maximum tax payable on income derived from this investment is 2s. (kl. in the £l, with a refund payable to tiuiso whose income tax assessment is below this rate. (4) The generous rate of SIX PER CENT., which is being paid for tho lofin. Prospectus and application forms or> tainable from the Broker for the issue. CHAS. B. BUXTON, Financial Broker. IG4 Featherston Street. HN. GOOCH • N. GOOCH. Member Wellington Stock Exchange. UNION BANK CHAMBERS. Wellington. SHAREBROKER. COMPANY PROMOTER. 'Phones 973, 26-528. YMOCK. " MncSHANE AND SCI, ANDERS, Sharebrokers. Members Wellington Stock Exchange, 17 Grey Street, Wellington. Telegrams: "Marmion.” GERALD TOLHURST. Sharo- • broker member Wellington Stock Exchange. 'First mortgagm arranged. 143 "Featherston Street. Telephone 1501. Telegraphic address; "Gerbuttol.", a M. ADAM Q Sharebroker. Public Accountant, ’£ PANAMA STREET.
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Dominion, Volume 16, Issue 178, 16 April 1923, Page 10
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300Page 10 Advertisements Column 2 Dominion, Volume 16, Issue 178, 16 April 1923, Page 10
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