WHY C.D.B. DEBENTURES?

New Zealand Times, Volume L, Issue 11655, 20 October 1923, Page 6

WHY C.D.B. DEBENTURES?

THE ADVANTAGESi OF A GILT-EDGED INVESTMENT CONVENIENT AMOUNTS FOE SMALL INVESTORS. The Issuo of Debentures by the Christchurch Drainage Board affords one of those rare opportunities of making’ an investment that is 100 per cent. safe. Issued in denominations of .£IOO, ,£SOO, and <£IOUO, the (J.D..8. Debentures are available to everybody with funds to invest, and, as both capital and interest are secured by a special rate over an area valued at £14,500,000 (fourteen million five hundred thousand pounds), they constitute a "gilt-edged” investment in the true sense. No hank can give greater security; in fact, Fho investment of funds by many Trust Institutions are limited by Law to investments such as these C.D.B. Debentures. People and Institutions wishing to invest funds at the highest interest compatible with complete security have already taken parcels of these debentures, and others are applying for parcels in proportion to the funds at their disposal for investment. The rate of interest is per cent, por annum, and all acoopted application, moneys become interest-bearing immediately they are received, so that the investor docs not lose any interest through delay. Application forms may be obtained from any sharebroker, or Bank, ov from the Secretary of the Drainage Board, Christchurch.—Advt.