Page 1 Advertisements Column 7

Grey River Argus, Volume XIV, Issue 1790, 1 May 1874, Page 1

[Extract from New Zealand Gazette Apil 9, 1874.] ISSUE OF £50,000 NEW ZEALAND GOVERNMENT DEBENTURES UNDER "THE WESTLAND LOAN ACT, 1873." Treasury, - Wellington, »th April, 1874. TENDERS are invited ior the purchase of the whole or any portion of Fifty Thousand Pounds New Zealand Government Debentures, issued under the Act of the Legislature of the Colony, entitled " The Westland Loan Act, 1873 V " By the Act above cited, the principal sum to be raised, and the in* terest thereon, are charged on the Consolidated Revenue of the Colony; a Bpecial block of land 250,000 acres, in extent being set apart as security to, the Colony for the amount to be raised. ■■■ The Tenders will be received and the Debentures issued subject to the under-men-tioned conditions :— 1. The Debentures will be payable to bearer, and will be issued in sums of not less than One Hundred Pounds each. . „• 2 The Debentures will bear interest at the rate of 5 per cent, per annum, payable half-yearly, on the 15th day of April and the 15th. day of October in each year, at the Treasury at Wellington, or at any Branch of the Bank of New Zealand in New Zealand, on notico given at the Treasury one month before the due date.. ; • ; • 3. The principal sum will be payable on the 15th day of April, 1894, at the Treasury, at Wellington, or at any Branch of toe Rank of New Zealand in New Zealand, at the option of the holder, six months' notice being required, previous to maturity, of the place at which pay* ment is desired. 4. Tenders will be opened at the Treasury, at Wellington, at noon,, on Friday, the Ist day of May next, in the presence of such of the tenderers as desire to be present— the minimum. price under seal being first placed on the table. In the event of equal tenders being received for a sum in excess of the issue, a pro rata distribution will be made. 5. The amount tendered for must be paid at the Treasury at Wellington as under : — Five per cent, accompanying application ; the balance on or before the Bth May. On payment of the balance of purchase money, Debentures signed by the Agents appointed under the Act will be forwarded, at the risk of the Government, to purchasers or their nominees. ■ , Half per cent, brokerage will be allowed to brokers through whose applications sales are effected. Applications by telegraph, received no later than 10 o'clock* a.m. on the Ist May, will be accepted, provided they are accompanied by a telegram from the Manager of any Branch or Agency of the Bank of New Zealand, notifying that the necessary deposit has been paid into the Bank of New Zealand to. the credit of a Loan Deposit Account. ; If no allotment be made, the 5 per cent deposit will be returned in full; and if a portion only of the amount be allotted, the surplus will be applied in payment of the balance. JULIUS YOGEL, Colonial Treasurer. Form of Tender. I hereby tender for £ New Zealand Five per Cent. Debentures, at the price of £ for each £100 of such Debentures ; and I agree to accept the same or any less amount that may be alloted to me, and to pay for them in cash at the Bank of New Zealand (a) on (a) The name of the place at which tbje purchaser undertakes payment of. the balance to be inserted. T^EW ZEALAND TELEGRAPH. TENDERS will be received at the Telegraph Offices, Greymouth and Hokitika, up till NOON of the 6th of MAY, for FELLING TIMBER, at per Square Chain, and Clear* ing a Track Bft wide along the outside of the felling, from a point on the Christchurch Road, about 21 mites from Hokitika, to the first gorge of the Taipo, about 7 miles, more or less. The Clearing will vary in width from] 1 to 2 Chains, with all overhanging trees picked out accotding to the size of the timber. A blazed track is now being run through. Work to be completed in one month from signing contract. A deposit of £50 must be lodged with each tender, to be forfeited in case of declining to take up the contract. Security for the 'completion of the contract must be provided by two good sureties in 20 per cent, on the estimated amount of the contract. The lowest or any tender not necessarily accepted. By order of the Telegraph Commissioner, C. LSMON,. ; : General Manager. Wellington, April 29, 1874. Photography. ¥. SYVERSON and CO., • ARTISTS & PHOTOGRAPHERS, From Melbourne, Beg to inform the inhabitants of Greymouth t and surrounding districts, that they have commenced business in Mr H. Williams's Gallery, Mawhera Quay. S.P.S. and Co. have determined to spare neither trouble nor expense to produce good pictures, thus hoping to merit a share of public patronage. Ihey want to specially draw the atten* tion of the public to their colored pbotograohs, Specimens of which may be seen at their studio. ■ Terms moderate.