Thank you for correcting the text in this article. Your corrections improve Papers Past searches for everyone. See the latest corrections.

This article contains searchable text which was automatically generated and may contain errors. Join the community and correct any errors you spot to help us improve Papers Past.

Article image
Article image

NEW ZEALAND GOVEBNMfiNT =£3£ PKR cent. 10/25 DEBENTUEE LOAN. ISSUE OF £500,000, Part of .£1,000,000 authorised to be raised under an Act of the General Assembly of New Zealand, and intituled " The Aid to Public Works and Land Settlonwnt Act, 1896." ' MINIMUM PRICE OF ISSUE, .£IOO PER CHNT. THE COLONIAL TREASURER lnviteß . Tenders for .£500,000 New Zealand Government Three and one-half per cent. Debentures, representing 451,000. .£SOO, iB2OO, and .£IOO respectively, payable to Bearer. These Debenturea are scoured on the Public Revenues of the Colony. The Principal will he repaid at par not earlier than ten years nor later than twentyfive years from the 21st December, 1896, the Government reserving to itself the right of redemption (by conversion or otherwise) on the 15th February or 15th August, 1907, or in any year after the year 1907, upon giving six months' notice in the Government Gazette and in at least four newspapers published in the colony, of its intention to do so. Both Principal and Interest will be made payable at the Treasury, Wellington, New Zealand. Dividends, represented by Coupons attached to the Debentures, will be payable at the Treasury, Wellington, on the 15th February and on the 15th August in eaoh year during the cUWehoy of the Loan. The issuo-price will be at the rate of iSIOO in money. for every J2IOO expressed in Debentures (below which no tender will be accepted), payable as follows 1— 5 per cent, deposit on application 45 per cent, on Monday, the 21st December, 1896 25 per cent, on Monday, the 18th January, 1897 25 per cent, on Monday, the 15th February. 1897 Payments may be made in full at any time on or after the 21st December, 1896, and prior to the 15th February, 1897, at a discount at the rate of one pound ten shillings per centum per annum. Sealed Tenders, addressed to the Secretary to the Treasury, Government Buildings, Wellington, accompanied with the 5 per cent, deposit, will be received up to noon of Monday, 7th Deoember, 1896, when they will be opened in the presenoe of a Committee, consisting of the Colonial Treasurer, the Controller and Auditor-General, and .Mr. Henry Kember, F.I.A.N'.Z., and allotment will forthwith be made. If cheques are lodged with a Tender they must be drawn upon a Bank in Wellington, and be marked by such Bank as " good," for fourteen days. Cheques issued by a Bank need not be so marked. Tenders may be for the whole or any part of the Loan, and must state what amount of money will be given for every .£IOO of the Debentures tendered for. Tenders must be for even hundreds of pounds sterling, and at prices which are multiples of sixpence. Tenders at different prices must be on separate forms. The nominal amount of Debentures tendered for must be written on the outside of the Tender. Should the tenders received exceed in the aggregate the amount required, a pro rata distribution will be made. In case of partial allotment, the balance of the deposit will be applied towards the first instalment. In case of default in the payment of any instalment at its proper date, the deposit and instalments previously paid will be liable to forfeiture. When no allotment is made, the deposit will be returned. The first instalment and all subsequent payments may be paid at any Branch of the Bank of New Zealand within the Colony, to the credit of the Public Account, or at the Treasury, Wellington, not later than the several dates previously mentioned. I Scrip Certificates (with Coupon attached for the payment of Interest for the broken period from the 21st December, 1896, to the 15th February, 1897), will be issued, to be exchanged for the Debenture-bonds with Interest-coupons attached. The first six months' interest calculated upon the nominal amount of the Debenture, wiirbe payable ou the 15th August, 1897. Tenders must be on printed forms, which may be obtained at the Cashior's Offioe, Treasury, Wellington, or at the Offices of the Bank of New Zealand at Auckland, Wellington, Chtißtchurch, or Dunedin. Office of the Colonial Treasurer, Wellington, 18th November, 1896. WESTPOET COAL COMPANY'S 4* PER CENT. DEBENTURES, ■ FOR FIVE YEARS FROM le"? FEBRUARY, 1897. THE Westport Coal Company (Limited) invite tenders (to repay the present issue"* for J240.000 4J per cent. Mortgage Debentures over the Company's Colebrook. dale . property and the uncalled oapital of -6103,929. Tenders must be lodged at the Company's Office, in Dunedin, not later than the Ist DECEMBER NEXT, marked on outside Tender for Debentures. ' .Prospectus and form of tender can be obtained at the Company's offices at Dunedin, Clmstchurch, or Wellington. By order of the Board of Direotors. GEORGE JOACHIM, General Manager. QENP IX TO SHORTT'S.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP18961128.2.14.2

Bibliographic details

Evening Post, Volume LII, Issue 161, 28 November 1896, Page 2

Word Count
787

Page 2 Advertisements Column 2 Evening Post, Volume LII, Issue 161, 28 November 1896, Page 2

Page 2 Advertisements Column 2 Evening Post, Volume LII, Issue 161, 28 November 1896, Page 2

Help

Log in or create a Papers Past website account

Use your Papers Past website account to correct newspaper text.

By creating and using this account you agree to our terms of use.

Log in with RealMe®

If you’ve used a RealMe login somewhere else, you can use it here too. If you don’t already have a username and password, just click Log in and you can choose to create one.


Log in again to continue your work

Your session has expired.

Log in again with RealMe®


Alert