Page 7 Advertisements Column 3

Otago Daily Times, Issue 19000, 24 October 1923, Page 7

A GOOD INVESTMENT. C.D.B. DEBENTURES. COMPLETE SECURITY AND GOOD INTEREST. The Issue of Debentures at J>i per cent, by the Christchurch Drainage Board represents investment at a. good rate of interest for this class of investment, which affords maximum security to the investor for both principal and interest. The total value of the area covered by a snecial rate as security for these Debentures exceeds £14,500.000, and it is doubtful if anv investment in any part of the world gi\es, greater security—C.D.B. Debentures are really “pill-edge” security in every way. Another feature is the convenient amounts in which they are issued—i.e., £IOO, £SOO, and £IOOO, This makes available to everybody a class of investment usually, through its magnitude, only open to large financial institutions. The principle of “Safety First” will always be a sound one in connection with finance, and that principle is becoming more and more recognised by small investors who arc forwarding applications daily for Christchurch Drainage Board Debenture* at 5i per cent. Application forms and copies of the prospectus are obtainable from anv Sharebroker, or Bank, or fr,“,m the Secretary of the Drainage Board, Christchurch. Applications should bo made without delay.—Advt.