3 PER CENT. FREE OF INCOME TAX FROM SOUND PREFERENCE SHARES. OPPORTUNITY FOR INVESTORS. Are you looking for a safe and unusually" profitable investment? Here is one. £15,000 worth of cumulative preference shares bearing an 8 per cent, cumulative preference dividend are being issued by a well-known and well-estab-lished wholesale house. This dividend is free of income tax. Further than that, the shares give the holder the right to further participation in profits to a total dividend of 12A per cent, after a 12£ per cent, dividend has been paid on ordinary shares. The nominal capital of the company is £50,000, divided into 15,000 £1 preference shares and 35,000 £1 ordinary shares. , Investigate this proposition without delay—securities like this do not remain on the market long. Full particulars will be supplied to bona-fide investors on application.— Associated Investment Underwriters (N.Z.), Limited, , First Floor, Premier Buildings, Durham Street, Auckland. — Advt.
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New Zealand Herald, Volume LXVI, Issue 20257, 17 May 1929, Page 9
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149Page 9 Advertisements Column 1 New Zealand Herald, Volume LXVI, Issue 20257, 17 May 1929, Page 9
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