lew Brightonßorough Sound! £52,000 SPECIAL BOROUGH LOAN AT 5j PER CENT. PER ANNUM. THE NEW BRIGHTON BOROUGH COUNCIL invites applications for the purchase of Debentures for j the above Loan. . j DEBENTURES will be issued at par in sums of £IOO, £SOO, or £IOOO each. INTEREST at 5! per cent, per annum, payable halfyearly at the BANK OF NEW ZEALAND, Christchurch. I This is an exceptional opportunity for Canterbury | residents to invest in a safe security at current rates and j at the same time assist the development of one of the most popular and progressive sea-side resorts in the Dominion. As evidence of the latter the last re-valuation j showed an increase in the Unimproved Value of from | £157,311 to £250,825, and yet values are still rising almost j daily. ' The main object of the Loan is to provide the neces- : sary facilities for further general improvements, such as Footpaths, Fire Prevention, Foreshore Improvements, S Channelling, Wells for Flushing Channels, etc., all of : which have been long needed and urged for by the rate- j payers, but were unavoidably delayed through the « War. 1 COPIES OF THE PROSPECTUS may be obtained from the TOWN CLERK, NEW BRIGHTON. F. KIBBLEWHITE, ’ , Mayor. J. F. EAMES, • ; Town Clerk. NAPIER -HARBOUR BOARD : 51 per cent. Loan of £250,000. The Public are invited to purchase Debentures now on sal® by the Napier Harbour Board, totalling £250,000 which are issued AT PAR under authority of “The Napier Harbour Board Empowering and Lpan Act, 1914,” and ‘‘The Napior Harbour Board Empowering and Loan Amendment Aot, 1920.” Distinct Advantages over others. The Debenture* can be Inscribed. Maturity of Debentures.—Applicants may please themselves whether they invest for 10, 20 or 30 years. No Exchange payable by Investors on their Remittances. Trust Fund* can be safely invested in these Debentures and hav® the additional advantage of Inscription. The Debentures may be for £IOO, £SOO, or £I,OOO aach at option of applicants. Other Advantages. The Rato of interest is 5J per cent, per annum, payable half-yearly. Fractional Interest is paid to Investors from receipt of the money by the Board. Principal and Interest is payable Free of Exchange at any Branch of the Bank of New Zealand in the Dominion. Absolutely no trouble to Investors with this class of security, as yon merely go to your Banker with the Coupons on the due - date and .collect the Interest. Gilt Edged Security is the genuine name for suoh an investment as this offers. Copies of Prospectus and Forms of Application may b® obtained from the undersigned, or from any Branch of the Bank of New Zealand in the Dominion. Telegrams will receive prompt attention, and, as many applications are already promised, prompt action is necessary. JNO. P. KENNY, '* Secretary and Treasurer, Box 2, Port Ahurirf, Nap^r,
BAR THE DOOR OF YOUR HOME against infection and contagion! 21BULLDOG DISINFECTANT (a N.Z. Product) i 3 one of the Mo»t Powerful Di»infectanU on the Market. Unsurpassed as a general disin* fectant, for .wounds and burns, and as a preventive of all* CONTAGIOUS DISEASES. NOTE LOW PRICES: Pint Bottles 1/6 each'.. . - gal. tins, 6/-each > 1 gal. tins 8/- each ffc.l. tins per gal. Barrels 6/3 per gal. USE FREELY THESE SICK TIMES E. Reece Ltd. 601-3 COLOMBO STREET
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Bibliographic details
Lyttelton Times, Volume CXVIII, Issue 18534, 9 October 1920, Page 10
Word Count
543Page 10 Advertisements Column 1 Lyttelton Times, Volume CXVIII, Issue 18534, 9 October 1920, Page 10
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