MONEY AND STOCKS. OPUNAKE HARBOUR BOARD LOAN OF £50,000 At Six per cent. THE OPUNAKE HARBOUR BOARD 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 the whole of tho Opunake Harbour District, which is an exceptionally fertile district, carrying a rateable value of .£97*1,891. (This spooial 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 bo required to pay interest and sinking fund.) \ 3. The whole of tho Board’s Assets. Tho attention of investors is drawn to the facts that apart from the unusual excellence of tho security offered; (1) Tho 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 aro attached to Debentures, and are payable six monthly. (3) Tho maximum tax payable on income derived from this investment is 2s. 6d. in the XI, with a refund payable to those whose income tax assessment is below this rate. G) The generous rate of SIX PER CENT., which is being paid for tho loan. Prospectus and application forms obtainable f-om the Broker for the issue. "Loan being heavily subscribed*. Application lists closing very few days hence." CHAS. B. BUXTON. Financial Broker, 101 Featherston Street. GOOCH - N. GOOCH. Member Wellington Stock Exchange. UNION BANK CHAMBERS. Wellington. SHAREBROKER. COMPANY PROMOTER. 'Phones 973, 20-528. YMOCK, MacSHANE AND SCLANDERS, Sharebrokers. Members Wellington Stock Exchange, 17 Grey Street, Wellington. Telegrams: "Marmion," GERALD TOLHURST. Sharo- • broker member Wellington Stock Exchange. First mortgages arranged. 143 Featherston Street. Telephone 1501. Te 1 e.graphic address; "Gerbuttol. A’ M. ADAM Q • Sharebroker. Public Accountant. 12 PANAMA STREET.
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Dominion, Volume 16, Issue 179, 17 April 1923, Page 10
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309Page 10 Advertisements Column 2 Dominion, Volume 16, Issue 179, 17 April 1923, Page 10
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