23 u {Ur tn g &o c ( 1 1 g, Src. THE LAKE DISTRICT BUILDING, LAND, AND Investment Society • Registered under “ The Building and Land Societies’ Act,” Vic. 70, 1866. o Trustees: J. W. Robertson, J.P ( George Mico Ross President ; Richmond Beetham, R.M. Directors: James Douglas, J.P. Michael J. Malaghan George O. Clayton William Paterson Andrew C. B. Hallenstein, J.P. Robert PritcharJ Thomas G. Betts William L. Davis Thomson. Solicitor ; G. B. Barton. Bankers: The Bank of New Zealand. Office : The Town Hal], Queenstown. Shares—£2s each. Entrance-fee—2s. 6d. Pr Share. Monthly Subscription • ss. Permanent Shares bearing 8 per cent, interest. OBJECTS OP THE SOCIETY. To provide a safe and profitable means of investing small sums of money without risk to investors. To enable its members to purchase or build on freehold property on terms easy and advantageous. SPECIAL ADVANTAGES. Annual division of profits. Investors can enter at any time without paying back subscriptions, and withdraw when they please (after the first year) with share of profits. Temporary loans to members on security of shares. Females and minors may become shareholders, their rights being protected by the “ Friendly Societies Act, 1867.” The funds of the Society only invested on first mortgage of freehold property. Subscriptions received through Bank or Post-office Order. Interest allowed on three or six months’ payment in advance. Copies of the Rules and further particulars may be obtained from the undersigned. J. F. TULLY, Secretary. SUMMARY OF STAMP DUTIES. Agreements effecting mining property, such as sales, transfers of water-rights, claims, sales of interests in claims, transfers ot mining or agricultural lease interests, must be written on duly stamped paper. Agreements only under hand can be rendered valid by attaching duty stamp of Is if the value is over £2O; the stamp to be cancelled by both parties. It is advisable, however, to use stamped paper or parchment for all agreements, as a general rule.— (See next clause.) Agreements by Deed—los It is difficult to decide what is an agreement sometimes under hand only and an agreement by deed. An agreement by deed generally contains a specific covenant, and is often sealed. Bills of Exchange and Promissory Notes must also be drawn upon duly stamped pap« r. The duty is Is for every £SO. 1.0.U.’5, if not drawn as promissory notes, require no stamp. Bills of Sale, and Bills of Sale by way of Mortgage, and Conveyances, require registration, within 21 to 28 days. In these matters the general public had better consult some mercantile man, agent or solicitor, as to stamp duty, &c. If a counterpart of any lease or agreement by deed (as in sections 1 and 3, as above) is required—2s 6d. As this would be a protection required by the seller, it would be his duty to pay the charge. Leases.—The charge for duty is 5s per £IOO, or 2s 6d for every £SO. They should be written on stamped paper but can be sent to town to be stamped. There are ad valorem duties attached. TVINNEFORD’S FLUID MAGNESIA Is the great remedy for Acidity of the Stomach, Headache, Heartburn, Indigestion, Sour Eructations, and Bilious Affections. It is . the Physician’s Cure for Gout, Rheumatic Gout, Gravel, and all other complaints of the bladder ; and as a safe and gentle Medicine for Infants, Children, delicate Females, and for the sickness of Pregnancy, Dinneford’a Magnesia is imlispensable. Sold by all Druggists and Storekeepers. N.B.—Ask for Dinnefobd’s Magnesia, and use Dinneford’s Friction Gloves and Belts.
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Bibliographic details
Lake County Press, Issue 60, 26 July 1872, Page 4
Word Count
577Page 4 Advertisements Column 4 Lake County Press, Issue 60, 26 July 1872, Page 4
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