TQUXEDIX DRAINAGE LOAX. .£IO,OOO. Issxied bv the DUXEDIX DRAIXAGE AXE SEWERAGE BOARD, pursuant to “Tne Dunedin District Drainage and Sewerage Act, 1900,” and “The Dunedin District Drainage and Sewerage Act. 1900, Amendment Act, 1902.” The Dunedin Drainage and Sewerage Board invites TENDERS for the PURCHASE of EIGHT HUNDRED (800,) DEBENTURES of AGO each, being the First Issue of a Doan or Loans of A'200,000 authorised by the said Acts. The Debentures up to the aforesaid amount of. .£200,900 issued by the Board rank pari passu, and have no preference or priority by reason of the date of issue or otherwise. The Debentures will bear interest at the rate of 41 per centum per annum, jrayable half-yearly. Coupons for future interest are attached to each Debenture, and the interest for any broken period will be adjusted on the first coupon on issue, so that interest shall run on each sum paid by the purchaser from the date of payment. The currcncv will be for 21 years, from the Ist day,of July, 1003. Xo tender will be received below the par price of the Debenture. Tenders to bo addressed to the Secretary, at the Office of the Board, Stock Exchange Buildings, Dunedin, marked “Tender for Doan.” and must be lodged before 5 p.m. on the 9th day of (MARCH, 1903, and all tenders shall be deemed to be made in terms of this notice. Each tender must be accompanied by a marked cheque for , r > per centum cf the amount tendered, and should (he tender be' withdrawn, or the sum or sums tendered remain unpaid for seven days after the time when the same becomes or become payable, the Board may forfeit Hie deposit. The sum tendered shall be (Payable to the (Board at its Cilice :u four equal instalments on the Ist day of April, Ist day of July, and the Ist day of October, 1903, and the Ist day of January. 100-1 (the deposit to bo treated' as. part of the first instalment)', with liberty to tenderers, to pay the whole sum at any time. The Debentures will not be issued until the whole sum is paid, and in the meantime receipts will be given for the instalments, showing the interest payable to the purchaser, on successive instalments. The coupons representing interest already paid in virtue of such receipts or otherwise will be removed before issue of the Debentures. The Security for the said Loan is set iovth in the above-mentioned Acts, to which the attention of tenderers is directed. Interest on the said Debentures shall be Payable, at the option of the holder, at the (Branches of the Bank of (New Zealand at Dunedin, Christchurch, Wellington. Auckland, (London. (Melbourne, or Sydney, such option to he exercised from time to time by notice to the Board; and the principal shall bo Payable on the due date of the Debenture at the Board’s Office at Dunedin,, or. at the option of the holder, at such of the aforesaid places as shall be indicated bv any notice to the Board, riven by the holder at least six months before the due date of the Debenture. Dated at Dunedin this 14th day of January, 1903. S. H. MTRAMS. Secretary to the Dunedin Drainage 336 and Sewerage Board. TENDERS FOR LEASE. FARM AT KONINI. npENDERS are invited for lease of farrg.. lately in the occupation of Hr Goodson, on Rock road, Konini, containing G 44 acres, all in grass, with house, outbuildings and woolshed. Tenders close at my office at 5 p.m. on 29th instant. For terms of lease and full particulars apply to the undersigned, WILLIAM TOSSWIL*, Solicitor and Agent for Owner, 340 (Pahiatua. TVIOTICE is hereby given that the par-J-x cel of land hereinafter described will be brought under the provisions ol “The Land Transfer Act. 1885,” unless caveat be lodged forbidding the same on or before the IGth day of February, 1903. 3313. DANIEL ARKELL.—I rood 24 6-10 perches, and being part of Section 819, City of Wellington. In the occupation of Thomas George Macarthy, at lessee. ■ Diagram maybe inspected at this cfilce. (Dated this 14th ddy of January, 1903. at the Lands Registry Office. Wellington. W. STUART, 278 District Land Registrar. APPLICATION having been made to mo for the issue of a provisional Crown lease in the name of CHARLE O’MALLEY for Section 23, Village Settlement of Rakaunui, Vol. 10a, folio 141, and evidence having been lodged of the destruction by fire of the said Crown lease, I hereby give notice that I will issue the provisional Crown lease as requested unless caveat be lodged forbidding the same on or before the 29th day of January, 1903.
Dated this 14th dav of January, 1903, at the Lands Registry Office, 'Wellington. W. .STUART, 277 _ District Land Registrar. WAKEMAN AND CO., HOTEL BROKERS, VALUATOR*. AND FINANCIERS. WANGANUI. * HOTEL, Wairarapa—Lease nearly 10 yeas, rent .£5; ingoing .£1700; trade averages .£SO. HOTEL, Wanganui—Lease over 2 years; ingoing ,£BSO. Trade averages .£SO. HOTEL, Manawatu—Freehold £3IOO. Trade averages £4O. HOTEL, Wairarapa—Lease 4 years; rent £3 per week. Ingoing £750. Trade averages £25. HOTEL, Wellington—Lease 5 years ; ingoing £3OOO. Trade averages £IOO. HOTEL, Taranaki —Lease 5 years, with right renewal 5 years. Rent £3. Ingoing, £3OO. HOTEL, Wairarapa—Lease 9 years; reni £4. 120 acres land with hotel. Ingoing, £BOO. We have a large number of Hotels on our books, and are prepared to finance a large portion of the purchase money. FOR SALE. rfTTHE oldest-established Butchery in iL Stratford; will be sold as going concern; freehold; good leasers for selling. Apply E. M. GIBSON. Stratford. FOR SALE. STORE and Boardinghouse combined, situated in small township in the Wairarapa, j acre land, garden and orchard, receiving store, stable and outbuildings. £KSO, stock at valuation; terms. GILLESPIE AND ,CO., Land Agent's. Masterton. COMPULSORY SALE. - 300 Acres, Manawatu. 200 acres felled and in grass, 70 chains wire fencing. No buildings. Carry 2 sheep; 5 acres fiat, balance hilly; 999 years’ lease; rent Is per acre. Reduced price £2OO. Must he sold this week. A genuine bargain. Aiken and Co., Farm and Station Agents., 42, Lamb ton quay, Wellington. 218 ISLAND BAY. 1 1 tHIS Rapidly Rising Suburb, which will be connected to Wellington by Electric Tram and Motor Car, offers unparaleled opportunities for safe investment in growing properties. Applv, W. HAMLIN. 272 Land Agent, West Beach.
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Bibliographic details
New Zealand Times, Volume LXXIV, Issue 4869, 22 January 1903, Page 8
Word Count
1,056Page 8 Advertisements Column 7 New Zealand Times, Volume LXXIV, Issue 4869, 22 January 1903, Page 8
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