Page 10 Advertisements Column 1

New Zealand Herald, Volume LXXIV, Issue 22777, 10 July 1937, Page 10

SHIPPING LINE. ONE CLASS TOURIST. To London via Sydney and Mclbourno, Adelaide. Fremantle, Colombo, Aden, Port Said, Malta and Southampton. COLOMBO. Special Excursions, JM'J. from New Zealand, back to New Zealand. Spend your next vacation in the glamorous East. Apply Dalgety & Co., Ltd., L. D. Nathan & Co., Ltd., A S. Paterson <fc Co., Ltd., Henderson A Macfarlane, Ltd. T APA >T "• CH I N A. J TRAVEL A.O. LINE. VIA QUEENSLAND PORTS. Melb. Syd Manila H Kong Dep. Dep. Arrive Arrive ■CHANGTE July 10 Julyl7 Aug. 3 Auk 0 REDUCED FARES—NO EXCHANGE. "RETURN FARE: Ist Class '.2nd Class Thursday island £lO 10 0 £-7 0 0 Manila. .. •• 71 15 0 48 0 0 Hongkong . .. 70 0 0 4J 1;> 0 Japan WOO " < 00 Through Bookings to England from £UI-ei«3. ROUND EASTERN TOUR— Thursday Is.. Manila, Hongkong, returning via Singapore and Java— British Oil-burning Steamers. Suites and Single Bedstead Cabins Available. L. D. NATHAN & CO., LTD., Auckland. Agents. Ph. <ll-107, 47-10 Fort St.. Box 100. Henderson & Macfarlane, Quay St. Phone <l4-850, P.O. Box 125.

Hi fcisy.',' **— DIRECTORS? } "Wr. S. Austin Carr Sir George Elliot Mr. V. J. Lamer Mr. K. B. Myers Mr. E. R. N. Russell Mr. P. H. Upton Mr. W. R. Wilson •Manager: R. F. Ward head office: . South British Insurance Building, Shortland St., Auckland. Branches and Agencies throughout the Dominion. ft ., . and this 9 . 1 ® 9D on a paying oasis f» In over half a century's experience the Guardian Trust has been called upon to manage such utterly different assets as steamships and launches, mining ventures, timber mills and forests, factories, and every variety of farm, including pastoral, agricultural, dairy, fruit and orchard properties. Because the administration of farming estates is so important, the Guardian Trust employs expert Farm Supervisors whose good work has frequently been the means of converting a heavily encumbered farm into a profitable asset. In one instance in a deceased estate one of our Farm Supervisors reported that the cows milked were few in number compared with the size of the property and of poor quality, the property required refencing, fresh pastures sown, and new machinery purchased. The estate, however, was already embarrassed by lack of ready cash, and owing to the long illness of testator prior to his decease, he had been unable to give it the attention it required. By making an immediate advance in cash, and due to the careful supervision of the Guardian Trust, the farm was riot only converted from a losing proposition to a profit-earning concern, but the carrying capacity was increased by 60% ar >d *he returns by over 100%, while the widow and her family have an assured income and a comfortable home. A private trustee would frequently experience difficulty in arranging finance to meet contingencies such 3s these, and in any case could offer no guarantee of liability for all his acts, whereas the Guardian Trust is held responsible by law for all its acts. GUARDIAN TRUST AND EXECUTORS COMPANY OF NEW ZEALAND LTD. The manager of our nearest branch will gladly give you further information, and will be pleased to arrange an interview with you and your solicitor. and (Incorporated by Special Act of Parliament, 1883) Capital £IOO,OOO invested in N.Z. Govt. Securities, Additional liability of Shareholders £IOO,OOO. Assets under administration exceed £14,000,000. Over £1,000,000 new business last year.

This notice is not to be regarded as an invitation to the public to subscribe for debentures, and applications will only be received on the footing of the full prospectus dated 20th May, 1936, and duly filed with the Assistant-Registrar of Companies at Auckland, and in accordance with the form of application obtainable from the secretary. SHORT PARTICULARS AN AUTHORISED TRUSTEE , INVESTMENT GROUP A2 OF AN AUTHORISED ISSUE OF £500,000 DEBENTURES BY NX DAIRYFARM MORTGAGE COMPANY LIMITED • t In denominations of £SO, £IOO, £SOO, £IOOO, or in such higher denominations as applications may warrant. Debentures ,in Group A2 bear interest at £3f per centum per annum and have a currency of 20 years from Ist April, 1937, subject to the right of the Company to redeem at par at any time or times after 1 0 years the whole or any part of such debentures on giving at least six calendar months notice in writing. TRUSTEES ARE AUTHORISED BY SECTION 5 OF THE TRUSTEE AMENDMENT ACT, 1935, TO INVEST FUNDS IN THIS ISSUE. DIRECTORS: ROBERT HUGH McKENZIE, ESQ. (Chairman of Directors, New Zealand Co-operative Dairy Co. Ltd.). CHARLES JAMES PARLANE, ESQ. (General Manager, New Zealand Co-operative Dairy Co. Ltd.). WILLIAM GOODFELLOW, ESQ. (Managing Director of Challenge Phosphate Co. Ltd.). JOHN McLEAN COCHRANE, ESQ. (Retired Banker, representing the debenture-holders). The above-mentioned Prospectus indicates that:— (1 ) The principal object for which the Company has been formed is to meet the reqMirements of supplier-members of The New Zealand Co-operative Dairy Company Limited (whose paid-up capital is in excess of £1,250,000), for farm mortgage finance. (2) No moneys will be lent by the Company other than to farmer-suppliers of the Dairy Company on first mortgage security of their farm properties, nor in excess of two-thirds of the value of the security. (3) The authorised capital of the Company is £IOO,OOO, which has been fully subscribed and paid for in cash, so that in addition to the benefit of the securities from time to time held by the Company, debenture-holders will have the further security of £ 1 00,000 of shareholders' capital plus a reserve fund to which every borrower is required to contribute 2 per cent on the amount of his original loan. (4) In conformity with Section 5 of the Trustee Amendment Act, 1935, the Company has power to borrow up to five times the amount of the paid-up capital for the time being of the Company. * „ POINTS TO BE NOTED: ( 1 ) The Company's securities are a convenient, sound, and easily realisable type of investment, not only for trustees but for the investor of both small and large amounts. (2) The investment offers that spread of risk which cannot be obtained by the small unit or by individual investments in farm mortgages. (3) The first issue of £50,000 debentures comprising Group A of the total authorised issue was fully subscribed, while subscriptions have already been received for £30,000 of debentures of the Group now ofFered for subscription, namely, Group A2. BANKERS: National Bank of New Zealand Ltd, Bank of New Zealand. SOLICITORS: Messrs. Earl, Kent, Massey & North, Swanson Street, Auckland. BROKERS: Any Member of a Stock Exchange affiliated to the Stock Exchange Association of New Zealand. AUDITORS: Messrs. Hutchison, Elliffe & Cameron, Public Accountants, Auckland. 'TRUSTEES* FOR DEBENTURE-HOLDERS: Stanley G. Chambers, Esq., Public Accountant, Auckland. Norman A. Duthie, Esq., Public Accountant, Auckland. SECRETARY: F. W. Groom, Esq., N.Z. Co-op. Dairy Co.'s Buildings, Hamilton. Copies of the above-mentioned Prospectus and forms of application for debentures, upon the terms and in the form of which, respectively, applications will alone be accepted, are now available from the secretary. Investors should communicate with the Secretary either direct or through any broker or branch of the National Bank of New Zealand Limited or the Bank of New Zealand.