A MORTGAGE Debenture over Freehold Land ie an inviolable charge or lien 9 on the land specified * A REGISTERED Morteaw Debenture is * registered on the tille oi the property —registered in the names of the Debenture-holdera. REGISTERED MORTG&GB DEBENTURES ARE CONSEQUENTLY THE BM'BBT FORM OF DEBENTURE IF THE SECURITY IS UNDENIABLE. Bi-PER CENT.~B| REGISTERED MORTGAGE DEBENTURES Now Issued by THE COLOSSEUM, LIMITED, are:— 1. An absolute and undeniable second charge | ovor one of the most valuable freehold properties in Queen Stieet, Auckland. i Secured on such a solid and exceptional freehold asset-INDEPENDENT OF THE RISKS OP TRADE OR BUSINESS. 8. BEGLSTERED-NOT PAYABLE TO BEARER. Consequently cannot bj stolen or mislaid, rot tranifcrablo with ease and security. L Purchweable by cash; or MONTHLY, QUARTERLY or HALF-YEARLY INSTALMENTS 6. The Debentures can be obtained for 4, 5. 6, 7. or 8 ywe. at PURCHASER'S OPTION, aftar which they will be repaid by the Company in full. 6. Mortgage Debentures are uaaffocted by <ir.y Moratorium. 7. INCOME TAX PAID BY DEBENTURE-EOLDERS.-The law compels all. Companies to pay income tax of 3s in the £on all dehsntur* dividonds. Deben-ture-holders whose yearly Income doeo not eioeod £2200 per aimutn, CAN OBTAIN A REFUND OF THIS TAX PROPORTIONATE TO ANY EXCESS OVER THEIR ORDINARY INCOME TAX SCALE. No income tax being payable on incomes under £300 a year a F'ULL refund of the tax can be obtained in such cases. The effect of refunds is TO ENSURE ALL DEBENTURE-HOLDERS THE FULL BENEFIT OF 8} PER CENT. PER ANNUM. IMMEDIATE APPLICATION IS NECESSARY. Full Particulars of the SECRETARY, MR. KENNETH WALLACE. MESSRS. ROBINSON AND WALLACE Queen Street. Auckland.
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Bibliographic details
New Zealand Herald, Volume LIX, Issue 18041, 16 March 1922, Page 4
Word Count
271Page 4 Advertisements Column 2 New Zealand Herald, Volume LIX, Issue 18041, 16 March 1922, Page 4
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