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This notice Is not to bo regarded as an Invitation to the public to subscribe for debentures and applications will only be received on the footing of the full prospectus dated 20th May, 1936. and duly filed with the AssistantRegistrar of Companies at Auckland, and in accordance-with forms obtainable from the secretary. SHORT PARTICULARS OF AN AUTHORISED TRUSTEE INVESTMENT With currencies of, respectively, 5 YEARS (Group A2 (5) ). 10 -YEARS < (Group A2 (10) ), or 20 YEARS (Group A2 (20) ), in the case of each issued debenture of each Group, from Ist January, April, July or October nearest to date of issue. OF AN AUTHORISED ISSUE OF £500,000 DEBENTURES BY N.Z. DAIRYFARM MORTGAGE COMPANY LIMITED with INTEREST at £3f % per annum. In denominations of £SO, £ 100, £SOO or £IOOO, or in such higher demominations as applications may warrant. The Company has the right to redeem any debenture in Group A2 (20) at par after 10 years from the date of issue upon six months' notice in writing. TRUSTEES ARE AUTHORISED BY SECTION 5 OF THE TRUSTEE AMENDMENT ACT, 1935, TO INVEST FUNDS IN THIS ISSUE. WILLIAM GOODFELLOW, ESQ. (Managing Director of Challenge Phosphate Co. Ltd.). JOHN McLEAN COCHRANE, ESQ. (Retired Banker, representing the debenture-holders). ROBERT HUCH McKENZIE. ESQ. (Chairman of Directors, New Zealand Co-operative Dairy Co. Ltd.). CHARLES JAMES PARLANE, ESQ. (General Manager, New Zealand Cooperative Dairy Co. Ltd.). The prospectus, dated 20th May. 1936, indicates, inter alia: The principal object for which the Company has been formed is to meet the requirements of supplier members of the New Zealand Co-operative Dairy Company Limited (whose paid-up capital is oyer £1,250,000) for farm mortgage finance. THE FIRST GROUP OF £50,000 (Group A) HAS BEEN FULLY SUBSCRIBED. TOTAL SUBSCRIPTIONS OF THE £500.000 ISSUE TO DATE AMOUNT TO £93.300. Copies of the above-mentioned prospectus and forms of applications for debentures upon the terms and in the form of which respectively applications will alone be accepted are now available from any, broker or any branch of The National Bank of New Zealand Ltd., or Bank of New Zealand, or from F. W. CROOM, ESQ., N.Z, Co-op. Dairy Co.'b Building*, Hamilton. •

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19371027.2.146.4

Bibliographic details

Otago Daily Times, Issue 23333, 27 October 1937, Page 14

Word Count
413

Page 14 Advertisements Column 4 Otago Daily Times, Issue 23333, 27 October 1937, Page 14

Page 14 Advertisements Column 4 Otago Daily Times, Issue 23333, 27 October 1937, Page 14