Page 2 Advertisements Column 5

Otago Daily Times, Issue 24792, 17 December 1941, Page 2

FINANCIAL NOTICE TO DEBENTURE HOLDERS OF INTENTION TO EXERCISE OPTION. In the matter of " The Local Authorities Interest Reduction and Loans Conversion Act, 1932-1933," and " The Dunedin City Conversion Order, 1934." In pursuance of Section 16 of the Dunedin City Loans Conversion Order, 1934, and* the terms under which securities authorised by the said Order were issued, the Dunedin City Council, at a meeting held on the thirteenth day of October, 1941, resolved to exercise the option contained in tile securities in respect of all debentures maturing on the Ist day of April, 1943, the Ist day of April, 1944, and the Ist day pt April, 1945. respectively, of the City of Dunedin Conversion Loan, 1934; and PUBLIC NOTICE is accordingly hereby given of the Dunedin City Council's intention to redeem such debentures of the said Loan on the Ist day of April, 1942, and interest thereon will cease on the said day, viz.:— Debentures Nos. 5824 to 6517 inclusive, maturing on the Ist April, 1943. Debentures Nos. 6518 to 7238 inclusive, maturing on the Ist April, 1944. Debentures Nos. 7239 to 7656 inclusive, maturing on the Ist April, 1945. R. A. JOHNSTON, Town Clerk. Municipal Chambers, Dunedin, C. 1., December 15, 1941.

AUCKLAND HARBOUR BOARD DEBENTURES 3£%—THIRTY YEARS—3£% LESS THAN £IOO,OOO AVAILABLE HERE, FOR THE " SMALL INVESTOR " AND THE "LARGE HOLDER" IS UNQUESTIONABLE SECURITY The Board owns 200 acres of freehold property, in the City of Auckland, in addition to its port equipment, which will be increased by the New Export Wharf now under construction. Its assets are over £3,400,000 in excess of liabilities. The debentures are £IOO bearer bonds —interest payable March 10 and September 10 until 1971. Exchange (N.Z.) is payable by the Board on purchase money and interest and principal repayments. Remit purchase money to the Treasurer, Auckland Harbour Board, Box 1259, Auckland, C.l. (Telephone 32-673; Telegrame "Haboard"). Prospectus and Application Forms may be obtained from the Treasurer, and also from branches of the Bank of New Zealand and from members of the Stock' Exchange. W. B. SMITH, Secretary. Auckland, December 10, 1941.

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