"EW ZK ALAND GOVERNMENT £3' PER CENT. 10 2o DEBENTURE LOAN. £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 Settlement Act, l*9(i." Minimum Pkice of Issue, £IOO per Cent. Tho ('olonial Treasurer invites Tenders for X'-">00,000 New Zealand Government Three and one-half per cent. Debentures, representing ,£IOOO. .£">00, .£"200, and X'loo respectively, pa\able to Bearer. These 1 >ebent ures are secured on the Public licvcmie of tlie Colony. The Principal will be repaid at par not earlier than tea years nor later than twenty-tive years from the 21st December, Is'.lo, the Government reserving to itself the right of redemption (by conversion or otherwise) on tlie 15tU February or l."»th Au»ii4, 1'.,:07. or in any year after ihe year 11)07, upon giving six moiil'iV notice in the Government Gazette. and in at least four newspapers published in the Colony, of its intention to d.) so. Both Principal and Interest will be mad.- payable at the Treasury, Wellington, New Zealand. iVv id ends, represented by Coupons att i'-hed to tlie Debentures, will be payable at tin' Treasury, Wellington, on the 1 .">t 1 s February and on the loth August in each vear during the currency of the Loan.' ISSUE OF
The issue price will I>e at the rate of .£IOO i" money for every .£IOO expressed in 1 'ebentures i below which no tender will be acn pteili, payable as follows : —- 5 per rout, deposit on application; •15 per cent, on Monday, the -Ist December. 25 percent, on Monday, the liSth January. 1h ! .»7 ; '!■> per cent. cm Monday, 15lli February, IWJ7. 3':i\ incuts may be made in full at any time on or after the '2lst J>ccemln:r. lH*.»i>. and prior to the 15th February, IH'J7, at a, discount at the rale oi one pound tell shillings per centum per annum. Sealed tenders, addressed to the Secretary to the Treasury, ( >ovcniiiieiit Buildings, accompanied with the 5 p.r c ut. ile])ii dt. will be received up to noon on Monday, 7th Dec<-mber, 180(3, when they will be opened in ihe presence of a comnii'iee, c of the Colonial Treasurer, tin- Controller and Anditor(ieneral. and Mr Henry Kember, F.1.A.X.Z.. and idiotment will forthwith bf made. It eheone- an- lodged with a Tender tliey mu.-t be drawn upon a bank in Wellington, and be marked by such bank as for fourteen days. Ch< ones i,-siied by a b:;nk need not be so marked. Tenders may lie for the whole or any part of the Loan, and must state what amount of money will be £;iven for every .£IOO of the Debentures tendered for. Tendt rs must be for even hundreds of pounds sterling, arid 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, i-n the a-.'/rebate the amount, required, a pro rata distribution will be made. In case of partial rd'iotm; nt. the balance of the deposit will be applied towards the first instable nt. In case of default in the payment of any instalment at iis proper date, the deposit anil instalments previously paid will be liable to forfeiture. When no allotment is made, the deposit will be returned.
The first instahiK lit and fill subsequent payments may In.- paid nt any llraneh of ♦ho J'.uik r.f New Z.iv,ibmd within the Colony. to the credit of the Public Account or at the Tr. sisiir.v, not later than the several dates previously mentioned. Scrip Certificates (with Coupon attached fur the payment of interest for the broken period from tll<; 2l.st I Seemlier, to the i:»!h lYbriinry. will lie issued, to lie exelunited for the Debenture-bonds wi'h Interest coupons attached. Th.' first six months' interest, calculated upon the nominal amount of the debenture, will be parable on the loth August, 1807. Tenders must he on printed forms, which may he obtained at the Cashier's Oi'tice. Treasury, Wellington, or at the Offices of the Hank of New Zealand at Auckland. Wellington, Christchurcli, or Dunedin. Of'tico of the Colonial Treasurer, "Wellington. 18th Nov., 1890. S aMlai*si*isa! B2 PRINCESS THEATRE, HASTINGS. THURSDAY. FRIDAY, and SATURDAY, December 17th, 18th, and 19th. Cooking Competition—Certificates awarded. MnSv'tmi, Art Gallery, Curiosities, Relics, Maori Curios, Literary Relies. Trades Hall.—Different industries will he represented. Sale of Useful and Fancy Work. Refreshments daily. Palmistry, Phrenology, and Puzzles by Professionals. Music—lnstrumental and Vocal each evcnincr. Lime Lipjht Views. Chri-tmas Tree. All kinds of Produce, Fancy Work, Literature, and useful articles are solicited.
Applications for space should be made direct to the secretary. For full information apply to E. S GOLDSMITH, Hon. Sec. J2 L ft' V. Sextop. Pass Tr.ix. Coll., Teacher of Piano and Violin. H AS Vacancies for Pupils. Term commences with first lesson. Permanent address: E A STiUiUiiNF.-STREET, (Back of Roman Catholic Church), Hasxixge,
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https://paperspast.natlib.govt.nz/newspapers/HAST18961125.2.21.4
Bibliographic details
Hastings Standard, Issue 180, 25 November 1896, Page 4
Word Count
826Page 4 Advertisements Column 4 Hastings Standard, Issue 180, 25 November 1896, Page 4
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