The Dominion Fertiliser V Company Limited Capital £300,000 Issue of Debentures £IOO,OOO INTEREST " - 7 CENT TERM - - TEN YEARS Points for Investors: The Company’s subscribed capital is in excess of £251,445. The Company’s lands, buildings, plant, machinery, constituting the most up-to-date Chemical Fertiliser manufactory in the Southern Hemisphere, are a fixed mortgage security for the payment of the Debenture loan and interest. The Company’s other assets, including stocks of raw materials, manufactured stocks, and all book debts, are subject to a floating charge on further security for the Debenture loan and interest. Reason for Issue: To pay for Stocks of Raw Materials estimated to cost upwards of £50,000 and to finance sales of Manufactured Fertilisers. Note.—-Raw Materials costing over £25,000 are already in store. Value of Security : Lands, Buildings, Plant and n Machinery and stocks of raw s materials - - - - 226,200 Manufactured stocks and book debts (proceeds of loan) 100,000 £326,200 , \ • ■ •■ ■ ■ • ■ ■ Trustee for the Debenture holders . will be The Trustees , Executors & Agency Co, of N.Z. Ltd., Dunedin . Margin of Security: THREE POUNDS to ONE POUND The Dominion Fertiliser Company, Limited, invite application for Debentures of this Issue in terms of the Company’s Prospectus in sums of £SO or any multiple. PAYABLE: 20 per cent, on application and balance on allotment, ' or , at applicant’s option by instalments 20 per cent, on application 20 per cent, on allotment and 20 per cent, cash on Ist May, Ist August, and Ist November next. Prospectus and full particulars on application to Fenwick & Reeves Sharebrokers Standard Insurance Buildings Dunedin Or any member of a Stock Exchange affiliated with the Stock Exchange Association of New Zealand.
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Otago Daily Times, Issue 21254, 7 February 1931, Page 9
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268Page 9 Advertisements Column 1 Otago Daily Times, Issue 21254, 7 February 1931, Page 9
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