Page 8 Advertisements Column 1

New Zealand Herald, Volume LXVII, Issue 20602, 28 June 1930, Page 8

FREE OF INCOME TAX'. Unusual Preference Share Issue. An opportunity of securing 8% Preference Shares, covered by exceptionally fine security, now occurs. The Reliance Loan, Mortgage and Discount Corporation Ltd. offers for subscription at par 15,000 of its £lB% Cumulative Preference Shares, bearing interest at the rate of 8 % per annum, payable half-yearly. Your Last Opportunity. The authorised capital of the Corporation is £160,000, divided into £1 shares, of which 60,000 are Ordinary Shares and 100,000 are Preference Shares carrying a preferential and cumulative dividend of £6 per centum per annum. 42,000 Preference Shares have been allotted and the additional 15,000 Preference Shares now offered will bring the total Preference Shares offered for public subscription to 57,000, and it is fully anticipated that the present offer will constitute the last opportunity the public will have of securing the Corporation's Preference Shares. It should be noted that these shares are listed on the Stock Exchanges of New Zealand. A Growing B The Corporation has been in operation for six years, four years as a private company and two years as a public company. During these periods it has paid not less than 10% on its Ordinary Share Capital and 8% on its Preference Shares. Owing to the greatly-increased business offering it has now been decided to issue these Preference Shares. Immediate Retu The security already behind the Preference Share issue amounts to over £130,000. The Corporation has an exceptionally strong Board of Directors and a thoroughly sound ■ and efficient management, evidenced by the fact that it has been highly successful since the commencement of operations. The present issue is offered on the following basis:— 2/6 per Share on Application; 2/6 per Share on Allotment; and the balance ip calls of 2/6 per Share at intervals of not less than three months. It should, however, be noted that investors may, if they wish, pay for their Shares in full, in which case they will receive their dividends as from the date on which the Corporation accepts payment. Applications fo Prospectus. Send /or Applications for Prospectuses t/OliJ* shoulti be made on the form below j-y to the Corporation's Broker, Mr. rTOSpCCItIS I Campbell Paterson. Sharebroker, 38, ' I Shortland Street, Auckland, from nri J m*M I /vf / whom copies of the Balance Sheet U.TICI COjJy 01 I may also be obtained. As it is , F) 7 /« anticipated the whole of the present jfftg DCIICiTICQ j issue will be quickly subscribed. . # immediate application is urged., id * I Applications will be dealt with UIILLL LU • | — —-"J CAMPBELL PATERSON. - Sharebroker, 38, Shortland Street, Auckland. Please send me Prospectus and Copy of the Balance Sheet of The Reliance Loan, Mortgage and Discount Corporation Ltd. Address. "(PLEASE WRITE IN BLOCK LETTERS.)

TRANSPORT BOAED NOTICES. TRANSPORT BOARD. AUCKLAND ELECTRIC TRAMWAYS. RICHMOND ROAD EXTENSION. WOTICE IS HEREBY GIVEN- that it is tho intention of tho Auckland Transport Board (hereinafter called "the Board ) to apply to His Excellency tho Uovernor- ' General-in-Council for an Order-in-Council under tho provisions of the Tramways Act, 1908," and its Amendments (unless forbidden by the Ratepayers in manner prescribed by the said Act) to authorise the extension of the Tramways known as tho Auckland Electric Tramways. The particulars of the proposed undertaking are as follows: (a) The construction of a double line of tramway from the existing tramway in Ponsonby Road at its intersection with Richmond Road along Richmond Road, Richmond Hill to a point in Richmond Avenue near tho intersec- . tion of Richmond Avenue and trancis Street, the tramways to be worked by means of overhead electric traction known as the overhead trolley system with uninsulated return in tho saine manner as tho present electric tramways ill the City and ouburba oi _ Auckland. Or Plans, longitudinal sections and cross sections showing the nature _of tho work and the line of construction and copies of the proposed Order-in-Coun-cil are deposited for public inspection in the office of the Auckland Iransr>ort Board at the corner of Customs Street and Albert Street, m the City of Auckland, and may be seen there during office hours. Length* about 105.6 chains. DATED this 25th Day of June. 1030. Vf. St. J. CLARKE, Secretary.

UCCLAND TRANSPORT BOARD. THE LOCAL BODIES LOANS ACT. 1926. PROPOSED LOAN OF £53,400. SHE AUCKLAND TRANSPORT BOARD having obtained Iho necessary statutory -onsent of the Local Government Loans Board HEREBY GIVES NOTICE in pursuance of Section 10 of the " Local Bodies JLioaiis Act, 1926 " : i 0 THAT tho Auckland Transport Board proposes to engage in the following undertaking, viz. Tlio extension of tlie Auckland Blectrio Tramways from Mt. Albert to Avondale and purchase of land and other works incidental thereto. 1(2) THAT the Auckland. Transport Board being unable to provide the funds for such work out .of its ordinary revenue, proposes to raise a Special Loan not exceeding £58,400 and to be known as " the Mt. Albert-Avondale Extension Loan, 1930."* , , '(3) THAT tho said Loan will bo repayable at the end of Twenty (20) years from tho date or lespective dates of raising tho same, with provision for a Sinking Fund of not less than Threo Pounds. (£3) per centum per annum. :tn THAT tho proposed security for tho Haiti Loan shall be a Special Hate of J -49 th of Id in tho £ on the capital value /.of all Rateable Property in the Board's District. J5) THAT the Auckland Transport Board proposes to pay out of such Loan such costs, charges and expenses as tho Auckland Transport Hoard may determine to liavo been actually incurred in connection with such Loan, but no portion of the Interest or Sinking Fund. DATED at Auckland this 21th day of June, 1930. " / W St. J CLARKE. Secretary. 7 HEREBY GIVE NOTICE in pursuance of Section 11 of " The Local Bodies Loans Act. 1920." that a poll of the Ratepayers of tho Auckland Transport District on tho proposal to ■ raiso the above-mentioned Loan will bo taken on WEDNESDAY tho Gth day of August, 1930, between tho hours of 9 a.m. and 6 p.m. J. A. C. ALLUjM. Chairman DATF.D at Auckland this 24th day of June. 19110. TRANSPORT BOARD. POINT RESOLUTION ROUTE. ALTERATION TO SUNDAY TIME-TABLE. Commencing TO-MORROW (Sunday) and until further notice, the following tune-table tvill be maintained as far as possiblo:— Commerce St. to Pt. Resolution.—7.do a.m., 8.45. 9.45. 10.15, 11.15, 12.15 P.m., 12.45, 1.45, half-hourly until 6.15 p.m., 7.15, 7.15, 8.-15. 9.49, 10.15. Pt. Resolution to Commerco St.—B.o a.m., 0.0, 10.0, 10.40; 11.40, 12.30 p.m., 1.0, 2.0, lialfhotirly \jntil G.O, 15.£0, 7.30, 8.0, 0.0, 10.0, 10.30. A. E. FORD, Manager.