Page 5 Advertisements Column 4

Otago Daily Times, Issue 20190, 30 August 1927, Page 5

PROFIT WITH SAFETY New Zealand’s First Mortgage Bank A New Institution to serve modern financial requirements Original shareholders can be sure of lucrative returns NEW ZEALAND MORTGAGE TRUST and BOND CORPORATION, LTD. A Company to be incorporated under the provisions of "The Companies Act. 1908. One of the most profitable avenues for financial investment has, up to the present, been exploited almost exclusively by a small circle of financiers, who for obvious reasons have as far as possible kept this lucrative business to themselves. However owing to changing economic conditions, the business available has expanded to such an .XTas to warrant the establishment of a powerful Financial Corporation wh.ch vnll funchon a. a Mortgage Bank. Capital £125,000 Divided into 125,000 Shares of £1 each. PROVISIONAL DIRECTORS: ARTHUR ELLIS, Esq., Company Manager, Dunedin. JOHN BROOK, Esq., Retired, Evan« Flat. J. Y. LOVE, Esq., Company Manager, Dunedin. J. W. SCURR, Esq., Company Manager, Dunedin. JOHN GREENFIELD, Esq., Lloyd's Agent, Dunedin. M. W. MARRIAGE, Esq., Company Manager, Dunedin. S. B. MACDONALD, Esq. President Otago Expansion League, Dunedin. It is apparent that there is a definite demand for finance on mortgage security, and it is also apparent that there is a large body of investors prepared to invest their money in mortgage bonds adequately secured and guaranteed by a strong financial company. By providing investors with an undoubted security, carrying an attractive rate of interest, and by re-mvestmg the moneys obtained on approved securities, the Mortgage Corporation provides the co-ordinating link which will undoubtedly be largely availed of. THIS IS THE AGE OF SPECIALISATION The N.Z. Mortgage Trust and Bond Corporation, Limited, will function as a Mortgage Bank. It offers safety and attractive interest to those placing their funds in its hands for a guaranteed investment on mortgage, and it will also be a boon to those desirous of borrowing on the security of approved mortgage. Experienced financiers have for many years realised the profits to be made by the aggregation of funds for financing and investment purposes; as witness the balance sheet of any existing banking institution. There is no doubt that a Mortgage Bank offers similar opportunities for big profits, as the raising, of money by way of mortgage is an old-established custom, which is growing every year. SAFETY AND GENEROUS EARNINGS for surplus capital—that is what every investor seeks. An unusually attractive opportunity now occurs with the formation of N.Z. Mortgage Trust and Bond Corporation, Limited. Its capital will all be earning remunerative interest, and its investments will consist of short-dated mortgages, with periodical repayments, thus the security is constantly improving, and the pyramiding of interest ensures an attractive rate of profit. EXISTING FINANCIAL INSTITUTIONS A survey of the balance sheets of existing financial institutions discloses their strong position, whilst the premiums obtained for their shares are indicative of the handsome returns obtained by original shareholders in this class of investment. NO VENDOR SHARES No promoters' or vendors’ shares are being issued whatsoever; consequently the profit-earning capacity of the Company is not diminished by carrying a burden of share* not represented by cash invested. No one will share in the profits available fer dividend other than contributing shareholders. 12,000 SHARES APPLIED FOR BY DIRECTORS The Memorandum of Association discloses that the provisional directors have already subscribed for 12,000 shares. This shows their faith in the Corporation, and indicates that the necessary capital will he quickly subscribed. FILL IN AND POST THIS APPLICATION FOR PROSPECTUS I W. A. MITSON, Sharebroker, Trustees, Executors Building, Dunedin. Please send me, without any obligation, a free copy * I of the Prospectus of New Zealand Mortgage Trust. and s I Bond Corporation, Limited. For PROSPECTUS and COMPLETE INFORMATION apply to W. A. MITSON, Organising Broker, Trustees Executors Building, 24 Water Street, Dunedin.

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