Page 5 Advertisements Column 3

Hawera & Normanby Star, Volume XLI, Issue XLI, 6 July 1921, Page 5

PERTINENT FACTS" FOR INVESTORS PROGRESS OF POVERTY BAY. People who intend to apply for 7£ per cent. Ten-year Mortgage Debentures, issued by the Gisborne Sheepfarmers' Frozen Meat Company, will be interested in the following figures, which repeal the remarkable progress • of the .rich East Coast district of the North Island. Undoubtedly, Poverty Bay is a region with a great future. The figures show the reports from Gisborne during quinquennial periods :— 1916-1920 £2,144,566 1911-1915 .' 1,373,145 1906-1910 992,554 1901-1905 :.... 5.12,749 The history of the G/isborne Sheepfarmers' Frozen Meat Company, the pioneer farmers' company of Poverty Bay, shows a consistent expansion in harmony with the above figures. It has three up-to r date freezing works—at Gisborne, Tokomaru Bay, and Hick's Bay. Its business is mainly concerned . with the killing and' frezing of meat, and it operates on clients' account only The £300,000 Mortgage .Debenture Issue is secured by first mortgage of property an<j plant valued at £615,263. Debentures will be issued-in. bearer • form, and in denominations1 "of £50 £100, £500, and £1000. Ctirrency, 10 years. Interest -at- 7_- pef cent per annum, payable half-yearly. _ree of debenture tax. ;-;.-•-" Full details are in the A prospectus, • which please obtain from the-Bank of £ew Zealand or any member of the Stock Exchange, or from the company's broker, Mr. AY. Lissant Clavton, Gisborne, or the company's office, Gis-V borne. —Advt.