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»r i ■ --— , | v SUiOViH THE^^^^^^^WORLD OVER ■ • A BIGGER and heavier GilMt* - - -^JJ^:^ XJL lette Razor m a handsome 1 j^^^^^^^^W' case of polished Gum Wood, ' ■MMm^£B&^£iW/ taking the StandardJ&illette B&Szili ' mrr' Blade «<>/!« for'} 2? / 6 - We A^^HE^^^^^^v It is new — the construction of mV^^S^^m the " Bi^ Fellow" puts addend mX^^^^^m weight and steadiness behind = j g r-~ 3^i»fy the shaving "Angle Stroke"— <4^ Ji gives a sure and comfortable TT '" ' ' grip for a hand f above the average size/ Obtainable from all Hardware Houses, Tobacconists § and Jewellers. I •10 8

.4" . ■ . ' ' IIIIIIMI ' : '■'■■••'.' ■ ■ ' .\ . ' ; ..:"■.■ ■ . In Sums of £50 and Multiples thereof. .^i^. V L ;' . • ■ r \ " CURRENCY: TEN YEARS. -- \ %' J*'fm> ) . '"_■ _^ . '.'■■'/ '''"■. - Cr ■■■■'[•• '\ /"' . ■ ■ ■ "' . . - r *• Security behind the £350,000 Issue conn ; sists of first-class assets, the concrete assets \ alone having a value of upwards of £550,000 — more than twice the amount of the Loan (£250,000) now offered for public subscription. i . ■ , <> Growth of Wellington Gas Co. 8 per cent, with Safety! The Wellington Gas Company was eslablished m the year 1 869, The present issue of Stock is secured by a Mortgage that is 52 years ago, and its history has been one of constant progress. Debenture Stock Trusl Deed, m which the Guardian Trusft and Wellington was then a very small- community of about 8,000 persons; Executors Company of New Zealand Limited is appointed Trustee The population pi to-day is. 100,000 and is increasing steadily. In f^ r the Stockholders, and the slock is further secured by a floating i o/:n i.L "n • i j ••.l l '•.. i fn.A nnn charge on the general assets of the Company. 1 009 the Company was incorporated with a share capital of £ 1 0,000. %, & ,. — , . „ /-, ,v T -* i i . , . , i-i -ii i t- t lheuuardran Irusl and bxecutors Company of -IN ew Zealand At the present time the authorised capital stands at the figure of Li mited will further hold 35 debentures of £10,000 each from the £ ODU.U UU, . Company m support of the Tru§t Deed and to secure the slockIn Tespedt of gas consumption, m 1880 the sale of gas was holders. .37,000,000 cubic feet; m 1890 it was 65,000,000 cubic feet; m The assets rej erred to and over which the Stockholders will ; • 1900, 1 10,000,000 cubic feet ; m 1910, 280,000,000 ; and m 1920 it have security, consist of valuable freehold property m the City of , was 466,000,000 cubic leet. Wellington and at Miramar, whereon are eredted the Showrooms and DTTDDncr /M? TCCTTI? / Offices of the Company, and the extensive Works and Manufactories /'■-.• JrUKrObJl Ur IboUL. o { the Company, plant, machinery, services, stocks, moneys dve # The purpose of the issue of the present Q% Mortgage Debenture Government War Loan Stock, shares m other companies, of a total Stock is to provide money for extension of plant at the Gas Works value of upwards of £550,000. The last Balance Sheet of the and M.amaia&oriea at Miramar, the construction d additional Work Company as at the 31st December, 1920, shows assets amounting to • Shops, the extensions of mains and services generally, and particu- i£555,745 18s. 2d. The money to be raised now is to be mainly larly to provide gas -for adjoining suburbs that do not yet possess expended m the aquisition of further plant and services, and the ' ■ ' this convenience. . . assets will therefore be very substantially increased. * . ■ ' ■ . * Particulars of ~" "" Board of Debentures The Future of Gas Directors These 81 Mortgage Deben- developmen^of ' . C E^i^™ IGHTi LU> ' tures are m sums of £50, and Gas-consumption go together. R BEAUCH AMP, Chairman of Directors, multiples thereof; / In ■Wellington, for instance, the consump- W. M. Bannatyne & Co.. Ltd. tion of Gas has increased seven-fold since O. FITZGERALD, Civil Engineer. ' Interest at 8 per cent, per tne introduction of electricity/ in 1890. In G. F. PEA^CE, Director, Levin & Co.* Ltd. ; ' *'. that year, the consumption was 65 million cubic ■A. L. WARBURTON, of Arthur Warbur- ; anmim, twD he paid half-yearly. feet ; during last year, 1 920, it was 466 million ton & Co.. •■ • cubic feet. Applications for Prospectus v j m j c j j l Get the Prospectus hvidence rrom Canada, oweden and other . __ - or Debentures mil be received by countries where hydro-electricity is abundant To-day the Bank of New Zealand, any and cheap, .proves the same tendency, and , na v n] . r ...' S- -, „c ,„ ' shows that Gas has so many unique advantages and learn toll particulars ot this I member oi: the block Exchange, that it cannot be economically replaced. attractive and solid investment, \ car lie-Company « Olßce. , TKe futufe of the Gas l ndustry is a which offers you 8 per cent, per ; • s '..;'-, ' ( &xre one. ' s ■ annum- with first-class mortgage Apply Promptly! I security. - . . . '» "'lt/ ' ..'./•.:■.■-■ *._ i -:■'-> / ' ■ ' -' ......... ■• .-■'■;■ ■ ■ ;■■■•.-■■'■ ■ • • .•' ■ ■. ■ . ■ . ._. ._• ■ ■ .■,■■■,;.. ■ ■■.•■.■ Hainaa— 1

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZTR19210716.2.17.1

Bibliographic details

NZ Truth, Issue 818, 16 July 1921, Page 3

Word Count
777

Page 3 Advertisements Column 1 NZ Truth, Issue 818, 16 July 1921, Page 3

Page 3 Advertisements Column 1 NZ Truth, Issue 818, 16 July 1921, Page 3