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TEIM OF LOAN: 12 YEARS. CONVERSION.— HoIders'of_ Bonds issued'; under this Loan will have the option of converting such Bonds into five and a half per cent. Inscribed Stock on any half-yearly due date of interest. LODGMENTS. —Forms of application may be obtained and lodgments made at any Postal Money-order Office, or at any branch of any Bank, or at the Treasury at Wellington. Lodgments will be made as follows:— FuSey-paid Allotments — On application ... ... ... 100 per cent. Instalment Allotments — § 20 per cent, on- application (first instalment); 20 per cent, (second instalment), Monday, 10th January, 1921; ■ 20 per cent, (third instalment), Thursday, 17th February, 1921; 20 per cent, (fourth instalment), Monday, 21st s March, 1921. 20 per cent, (fifth instalment), Thursday, 28th April, 1921. Instalments may be prepaid. ' In case of default in the payment of any instalment at its clue date, instalments previously paid will be liable to forfeiture. Provisional receipts will be issued for all payments, and in the case of investments in Bonds these receipts will be exchangeable for Bonds to Bearer" as soon as the latter can be prepared. In the case of Stock Investments, Inscription-certificates, will be posted to investors when the amounts are fully paid "up. The Stock will be Inscribed in accordance with the- New Zealand Inscribed Stock Act. 1917 (read in conjunction with the New Zealand Loans Act, 1908), and the inscription-books of the Loan will be kept at the Dominion Treasury, at Wellington, where all transfers of Stock will be made. Transfer-forms may be obtained at the Treasury. • The Banks have agreed to allow advances at a reasonable rate of interest to clients who desire to invest in the Loan but who have not the ready money to enable them to do so -within the time prescribed. Registered Sharebrokers will be allowed a commission of 5s per £100 on allotments made in respect of applications for this issue bearing their stamp, and forwarded to the Treasury through any Bank or Postal Money-order Office under cover.of memorandum signed by the sliarebroker. No commission will be allowed in respect of applications on forms which have not been printed by the Government Printer, or on applications not forwarded as aforesaid, or on applications for Post-office Investment Certificates, or on applications made after the closing of the Loan. ■ POST OFFICE INVESTMENT CERTIFICATES. To enable persons of moderate means to subscribe to the Loan, applications will be received at any Postal Money-order Office for Post Office Investment Certificates. Investment Certificates are repayable"; with interest compounded, at the end of five or ten years. Full particulars regarding the Post Office Investment Certificates are obtainable at any Postal.-Money-order Office. DEPRECIATION FUND. Provision has been made.for the establishment of a special fund not exceeding £50,000 per annum for the purpose of stabilising the value of securities issued under the authority of the Discharged Soldiers Settlement Act, 1920, and providing, in addition to the Sinking Funds established under the Public Debt Extinction Act, a further means of reducing the debt. APPLICATIONS will close on 25th November, 1920, but the Minister of Finance reserves the right to close at a prior date or to extend the period. W. F. MASSEY, Minister of Finance. / Treasury, Wellington, N.Z., Ist November,. 1920.

' A good tihing has many imitations, i Order "NAZOL" by name. Itefuse ! substitutes. No cold ie Nanol-proof. COPYISTS? I There are always crowds of these I commercial pirates waiting to steal ' other men's inventions. Take no risks—patent your idea at once. For advice concerning patents consult Henry Hughes, Ltd., Patent Attorneys, 157 Featheraton Street, Wellington. 161*

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/FS19201030.2.24.3

Bibliographic details

Feilding Star, Volume XVI, Issue 4130, 30 October 1920, Page 3

Word Count
593

Page 3 Advertisements Column 3 Feilding Star, Volume XVI, Issue 4130, 30 October 1920, Page 3

Page 3 Advertisements Column 3 Feilding Star, Volume XVI, Issue 4130, 30 October 1920, Page 3

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