Page 6 Advertisements Column 1

New Zealand Herald, Volume LXVI, Issue 20303, 10 July 1929, Page 6

An Announcement which Will appeal to all 'DISCRIMINATING INVESTORS. LIMITED 'lncorporated under the Companies Act, 1908), Offers for Sale £20,000 First Mortgage Debentures, with Interest at the rate of £7/10/- per cent, per annum, and also a very limited number of Contributing Shares. Nature of Security. The Issue of First Mortgage Debentures is limited to £20,000. It will be secured by a Trust Deed constituting a First Specific Charge on the Freehold Property of the Company (situated near Queen Street, in the heart of the City of Auckland), and also a First Floating Charge on all the Company's assets and undertakings. Interest at the rate of 7 I per cent, will be payable half-yearly, free from any deduction for Income Tax. The Issue of Debentures is one of the Best Investments offered to the public for some time, and is particularly attractive, Because ■ 1. The Security is Undoubted and Gilt-Edged. There is offered for security freehold modern rent-producing Auckland City property, with a trustee's safe mortgage margin. On similar securities, banks, trust companies ancl public institutions will and do lend their funds. 2. There is Provision Made for a Large Reserve. The Company in its estimates provides for a Reserve of a minimum of £450 per annum, thus enabling a Sinking Fund to be established towards amortisation of the Debentures. 3. There are no Trading Risks Involved. The Company is not engaged in 1 rading, but is a Property-Owning Public Company, free from the risks attending merchandising and ordinary business. V. The Debentures are Sure to Rise in Value. Seven-and-a-half per centum per annum return on capital invested on a security of this nature is particularly good, and as application is to be made to have the Debentures listed on the Stock Exchange, they must inevitably reach a good premium. Full particulars regarding the Issue of both Debentures and Shares will be found in the printed Prospectus of the Company, which also sets out in full the Company's proposition and business. The following summary is taken from the Prospectus:— CHAIRMAN OF DIRECTORS: The Hon. Ewen William Allison, M.L.C. DIRECTORS: William e Joseph Rainger, Auckland, Merchant. • Arnold Binney Barter, Auckland, Gentleman. James Osburne - Lilly, Auckland; Solicitor. BANKERS: The Bank of New Zealand. SECRETARY: R. A. Spinley, F.P.A. (N.Z.), F. 1.1.5., Public Accountant, 18, Swanson Street, Auckland. SOLICITORS: Earl, Kent, Massey and Northcroft, Auckland. ORGANISING BROKER: C. J. Green, Sharebroker, Bank of N.Z. Chambers, Swanson Street, Auckland. Telephone 42-499. The Sh in the' Co The Company at present is releasing only 14, 10,000 have already been applied for. 000 £ 1 Shares for sale, and of this number Full particulars regarding the Shares will also be found in the Prospectus, and, as the estimated return to shareholders on a very conservative basis is at least 10 per cent., and they are for many reasons particularly attractive, the small number available should be quickly taken up by discriminating investors. SPECIALLY NOTE; Applications for both Shares and Debentures may be made through any registered Sharebroker. Send, call or write for your Copy of the Prospectus to the Secretary, or to C. J. The Organising Broker, Bank of N.Z. Chambers, Swanson St., Auckland. Telephone 42-499. SECTIONS FOR SALE. j HOUSES AND LAND FOR SALE. HOUSES AND LAND FOR SALE VLW.VYS Available.—Good Sections, small T3ARFOOT. Newmarket Mli K 1 fur ' TITIR WTI T _, r A Deposits plans prepared; loan appl.- £> Remuera, Epsom and One Tree Jill I ?°">Y »7 n U=r P C ' J '' Chevaher lhono . Properties. Coloured Map of District Fro'- Phone SIS, Avondale KaC * 1 ark Kd - BUILDERS. Home-seekers.—Buy now, best J3[',?^rnnrrolU,s°°, Inti ' cl , t "-' ric - \ NYONE requiring Newmarket, Remuera volcanic Sections, Mt. Albert Term ; ( C- Bm Rd.. Krai Oak-Phono 1 "p 4"' S ' tL , Ede ,? or , Ep3o l" properties, call views. bargain prices.—Owner. 50, j ——, I red. \\ade Broadway Land Agent NewView Rd.. Mt Helen. Phone 13-2*'»7. j INARMS, Houses, Sections, Bungalow* i niarKe t. S™ 5,' j ~ guftgfcgjg' 1 19 W«S?S& | ri ott Speculator.—B] Acres, fine position: opportunity. Mayhill, Palmerstou J aor.« | Speculator.—PJ Acres, tine position- <io,:a p OLDEN" OPPORTUNITY AT ELLERS- i P ,J > «6eiiis The Pines Coronation— 5 vl LIE. close to bus and Train.—ll Ideal r>d.. 1 apatoetou i /» - lohn Carlaw, Auctioneer and Estate includ.ng section from X7SO.—Y Agent, '.'l. Wyndhani St. Bu-.lding Sites, level, volcanic, verv good | T^OR.Choice Homes in all district* consult rat;;c: terms. ... r I* l - lohn Carlaw, Auctioneer and Estate ■' J J'-'-ai-o. A cent, Wyr.dham St. "OARNELL. on Waterfront, vicinity. Si. I /"10YT. Mortgage Bungalow, I rooms and Stephens — v • Extensive harnour ivJ kit.: 3 doors from o'rd Fee. train: furr..; vie-.vj; approx. ;-a< re. .>eiu(<:ul building j i'l[7S; d-.-posit arranged.—Address at llfhai.d XOOO.—Apply INrnei!. 1.1. Hkhm.i>. ( - ri t-TTinvu /-'I. ; l , .-I . f- I XTERN L BA\. X®,-. Deposit.—No Waiting.—Bungalows , b,nlt . i' our OH 'n design price, fiO\ 1". Mortgage Bungalow, I rooms and kit.; 3 doors from o'rd Fee. tram: furr..; SECTIONS (2). in b«O Onehunga; price lea* . I "LTERNE BAY. 7-Roome< r "" ( v'," rcn Sf - it convs.. v/itli caratro. r convs., with garage, close to train.;. Ltd.. Builders. 12. Port St. Deposit, balance easy terms.— Fino Epsom Home, 0 rooms parage; splendid position.—Phone 11-2-11. 4-' "JOfl — CUEVA LIER. —l-roomed liouse, modern conveniences, i,.nri= Mrs F \ Moore Quadrart I'd ! "Heps; suitable tor sub-lettins.— n, Propped •■■'tei. c.1., gas ronku, ,-acre, v.ater front- , ' - Hr3 - r - • • Hoort - WJaarani lift.. < , a ,,. :'-'e; bargain; terms easy.—Va ue. IS3 Unehunga. j • i ir Fl . v ,„ J fJMIOSiS FOB QOVEB.V- ! MS'iSbS'VMLferif i' I £q S n-0„Bo,,.-.. c,,vc.i»™,. \fF.\'T T n\V I ■'•e' eral outbnildiii'i3. Was sold for i'j:.. handy Bridge; deposit X'lfO. Harris Bros., Union Bldgs.. Customs St. MENT J OAN. MT. ALBEUT-From .. .. EPSOM—From ItEMU ERA—From ELLERSLIE—From PENROSE—From PT. CHEVALIER-From .. NEW LYNN—From TAKAPUNA. close Oraminar School —From WINSTONE PARK—From MANC.ETIE—Fioni RICHARD ARTHUR. LTD.. OPP. TOWN HALL. j Will accept Xllo'> with XSOO cash. Bargain i for someone.—Meliars and Co.. tf.), Queen St. /»-< w,-, t> r , i i * X-'l') A—Reinuera Low deposit to good A[T EDEN.-Bungalow. 0 rooms, and , t , , , t . ln ' yer - • Scw bungalow, oft Up''l convs . level section para-e * Price '' J "« R f '. iilei roof, elfctric throuchout; (< .£1050; terms.—Apply In, Gianco' Rd or co, V fo, i ,!,bl .° rooms (double room i>9 x M> H. r. Fiti.e.iS, Gorrie Aye., Mount Po-'kiil alcf ' , " l, l s porp' l - Section 00ft % 130 ft —— ; i.awns. paths laid.—Phone IC-OCxS. OZICH '"or Farms, Farinlets. Houses. Sec- ~ " I ~~ tions, cutting-up propositions. Houses ' J UREE KINGS ———— MT. ROSKILL to let. Ozich. Agent, Henderson. I 2-Min. Irom School and Bus .. Customs St. ONEHUNGA.— Vilia. l-.'i-acre; room G rooms, com Lawns, paths laid.—Phone IC-PliS. j r rii"REE KINGS MT. ROSKILL ! __ -Mill, from School and Bus ' ITNE HOME, large dining room. 1 lied | room?, kitchen and bathroom, porcelain bath RICHARD' AHTHUU. LTD.. JJ ~'o c«h Cr |V»lancT -ood niSS %'m- ! -'ectric hot water'and Hght. ga f OPP. TOWN HALL. ! K.tclde, T{ E i lA r.n. "° ' * ' | co ?, k , el ', : ', awns !:Mri °, ut l 111 »l«rubs. etc le — j - I coma hedges 111 great heart; concrete paths Ti]|V rV A i 1-^APATOETOE. —New S-roomed Iloiipe, ;l!K ' yard 8()l't. frontage, with drive InXJ U* X Xi\ Itlijiii O J. electric range and v/ater patent; X 950, I sured for X 1000. Suitable business Man. small deposit.—Owner, 102. Hehai.m. ' ! L '" or fJ'iick Cash Sale. PRICE X' 1:100. übDUIiD. : —— ADDRESS AT HERALD . SUBURB. | small dfpo^il.—Owner, 102. Hi'hm.d. QEC'TION'S— ! 'IJAXFUKLY RD. (near). —Modern I)un;n- j O WITHIN* CITY AREA; drainage, elec- ! -IV low, pi and views; Auction, July 12; | tiieity, gas, _ water, tio'id Tiansit. Finn i going cheap.—Rd. Arthur. Ltd view Good beach and «ca bathing at i .IT.TT.T7.T7 your door. I Waterside.—2 H j QHANC'E INVESTORS. your door. ijci.ui.ciiu) w.ncrsi •V building inisurpiisscd. Homes (i-S rooms I' roin a luospcctivo Point of view ex- deposit.—Phone 25-2-Sd NO HEAVY DEPOSIT. r J M) WIND TERMS QUITE EASY. I U'e l.ave Keen ii Homes (i-S rooms, glorious views: small Beautiful new BLOCK OF NEW BRICK RESIDENTIAL % Mo WO. I fc, EAS \ . I \\\- l,i,ve been instructed to Sc'l I r Inspect the, location, yourself 1 A FINE RESIDENCE OF (5 ROOMS, j ,rula ri'iiauliug position ami duality of houses ; every convenience, on nice Freehold Section. | now erected Y ONLY X7OO. | ~ ~ Ft; 11 her purlieu - 1 ,T " SHOPS AND DENTAL CHAMBERS. Be3t Position Auckland. Leases Show Excellent Returns. Full particulars to bona-fido Investors OWNER, 105, HERAI.T). N(.»TE!—'Wtr would ask our friends to ! • . ' ' ,O j \A* \ I i 1 I--,.. I I Balance, XIHKI. is a Ciovernment Loan AN J) ( OLk kOl'T, ! ' GEOROE WALKER, LTD.. TO a^^MOST t \ , | ; W l ' K ?]tOO^^A> ' ' ' i gas cooker; kitchenette, sun porch, folding FOR SALE OR EXCHANGE ! IT pr iYY c j doors: stone steps and wall fence: motor " , " k (iitrauco (no garage), all blinds go with 'Vr ACRES (abc-it) FARM ATMaNGERE i frivrm-ti-vr low eo.n house. N.B.—Reduced this day from £1270 t) l ij-roomed H. u,e. S glaseho.ses, eW 1 v,,- . .'J, , ' , . | «.o *115)5. Why ? Because ownei has to sell, trie light. City v.ater supply; aluj private 1 n END.—Smart bungalow o? t | Sole Agents. See it—we motor yon; Epsom; supply from windmill; oichard. Iar»o work, i ' ooln ! t '-Lianutl-iu sleeping porch: built- fine section, volcanic.—JOHN GRAHAM shed and motor elied. ° I s| d«t>oard. war<Jrobes, etc.; absolutely AND CO., 2. Mining Chambers, Exchange Situated about ' i.-.ilo from Onehuu~a eondition,. balance, X 215. arrnnged. ! Lane. Opp. Fort S'ticot.' Good position. I JOHN" CARL.WY, ALSO. S-ROOMED HOUSE and kitchen- Auctioneer and Estate Agent. ! EMVE R. A bIINGA I. OW. ♦ftc. Ponsonby. | Wyndham Street, IV OF 5 ROOMS AND OFFICES, PRICE. XSSOO. EQUITY. foTCO ' Perfect order throughout St undine high Will exchange for a Farm about 100 to' T?EMUERA WATERSIDE —"Storev 7 cnl, l in " ul f li l " t i ''Ktensive viow; overy 100 Acres, within easy reach of Auckland. | roomed, tiled roof. modern" llonie -ar- r °" V - !V;' " ,U ' ho , l '\'. 1 1 .° r0 C " C : hnrn| - ! Going concern preferred. age, sleeping porches, and all convr • 'min >I,IK sr< , ,0 "' '. ort ' "Hrnctucly hud out. cr.r- j Annlv tr, mm n f'om \vt nno .inn. « ion\f.. nun, I riogo drivo, etc., and liativp trees. Largo 11 y JOHNS. ' , ... . f J for Ouicit | motor pira«o. (•ovurnnient Mortgase, XlloO. ai. Ethel St.. Moraingeide. I or ill let .furnished. Write. j Prioo XI500; c.asli £2OO. (Open Friday Evenings). Queen Street. U (: B GOVERNMENT LOAN". XOJO. W I'.ST END.—Smart bungalow I BUNOALOW, all electric, except Xli.j new | gas cooker; kitchenette, .sun porch, folding! , I doors; stone steps and wall fence; motor j • I iiitranco (no garage), all blinds go with I house. N.B. —Reduced this day from £1270 | to r 1105. Why? because ownei has to sell, o? t | Sole Agents. See it—we motor yon: Epsom; Situated about 1 i/.ilo from Onchunga (ioo'l position. I ALSO, 5-ROO.vILD HOUSE and kitchen-1 *ltc. I'onsonby. bR ICE - XSSOO. EQUITY. X37CO. >\ill exchange for a Farm about 100 to 150 Acres, within easy reach of Auckluud. ! Going concern preferred. Apply to MR. R. JOHNS. 31. Ethel St., Morningeide, j A\icklaucl. best condition, balance, X2-I5 arranged. JOHN" CAR!,AW, Auctioneer and Estate Agent, -1. Wyndhani Street, ;ERA WATERSIDE.-2-Storey, 7-1 HOUSE. Box 1787, G.P.O. STACK. E. BENNETT. M.R.E.1., .Victoria Arcado, Queen Street,