Page 3 Advertisements Column 2

Poverty Bay Herald, Volume XLIII, Issue 14074, 18 August 1916, Page 3

War Loan New Zealand Government " : .v" : / /' ' '■' ." '.' ■ ■■■ • "■■■■^^: ■ '' ; ■■ "' "J; ''■'■. ■■■■ ■■■'■ 4i pet cent War Bonds. (pree of New Zealaxid Income-tax) ■ * ■'. .'"■■■" ■ : ■'"'.'"■"'*'. .■■■' ; ■■'■'.'■*■../'*' *"" ■ }■*•"■• -■ . ■ ',-'.■'- " ■■-."■ ■■ . . . ■ '. ■ ■ ■ ■ ■ ,-■>-' ■ ,-..■' '.■'■ '■■'■. ; ■ ■ *•/-■* .»w«, '. - ' ■ ' . . . " .'■-'. ' ' • ' . . .- . . " ■ ".■■■■■..' *y?T- --' '" ■.'■■..; ■"' :. ■'■ v '■:■'■:" ; '" * r ' :; : '■:.■:': -■■^ : '"§ ■ • ■ . ' ■ ■ ' ■ " . ■ . ■ . ■■ . - ■ ■ ' ' :;■•'' -t 'f ' ' - ' '- ■' '. - ■•■■■■ '■■'■■■ ■ ■ ■■ . . '.■,■'. ... -". ■■■•;, • . ■■-•■■•» , I . : ~ '■ ! : : : : . •■:■#•'.*, ' '■ .' > ' ' ' . • ' • •'.''•'.■■- (.■■i"«j: ; . ' ',- ■■■■ ■■. " '■:-.: i :- r i^ ■■ - ■■:#.; ''■"-.-/' J ' ;'W ■'i■' . ■ ■ ** '■ I ■ ■ '■■.''■ '.'■•' ■ . ■ • ' ■ """.■'' 'IT* HE Government hereby invites the publiq of New Zealand to subscribe £8,000,000, authorised „ , to be raised under the Finance, Act, 191 C, and pursuant to the New Zealand Loans Act, 1.'705, as amended by the New Zealand Loans Amendment Act, 1915, for the purpose of edifying V on tKe present War. , / f . . vv; ■:;./.' ' '. - - \ The Loan is by Act of Parliament made a charge on the^ consplidated revenue of thevDominipn. War Bonds will be issued on the following Wms i— * ' , , , • Price of Issue ... ..! ... , Par. * : Rate of Interest ... ... ... 4£ per cent., free of Income-tax. Term of Loan ... ... ... 14 years or 25 years. ; \" j • ... ; ■ No Bond will be issued for less than £50, but smalj investor^ may subscribe sums of £1 up to £50 at the Post Office. : ■■ ■ -. ■ ■ ..'■ •■■■■ "... , ■ ":■:'"■ ; ' : ': ■"■ .: ' :' - ..' .'.-'■ \^ : '- :•■■■'■■ J'' 1 ■ . ; Interest will be paid half-yearly at the Treasury, Wellington, or at any branch of the Bank of New Zealand, or In London or Australia as may be arranged, on Ist March and Ist" September In each year. ■._-. ,■ ■. ■■' '„ .. ;', . . . '_' .■,■'; I :■/},[ : '':i.. i' ; : r\/.' ; ; ,- V V. - The first Coupon, • representing interest accrued upon the various instalments, from the date t • ui<bh which they severally become payable, up to 2Sth February, 1917, will be puid on Ist March, ■• 1917. Interest on the deposit will <late from the Ist September, 1916. :; • . . ■•. ■ , ... . -;■ ; v.. ' ' ;■■ ■-.. ■"■.■ ; _;'-.. ■..•■. ; .■;■■:. ■ / "-;'[■' i ';: ■■ ■ , -^ \ Lodgments^ — Forms of application may be obtained and lodft'inents malde at any Postal^ Money Order Office, at any llanlsj or at the Treasury Offices, Wellington. , ' '. .'4 Instalments may be prepaid ii' desired > but the x^repayment of any instalinent will not e»!.,n title the subscriber to interest, m respect of the first Coupon, i» n •provi<le^■aboveV.?S ' . ' ■• '■ '• • ■ ; .-' ■/.•■■'■'■'■ ' .' •'' .■ •' ••/■'. '■ -. ■■• <■ ■'-■■; . ; V.': i)V'" "' (. ". •• ■'•■■*• . ' ■' ■ • ■ • '..■■•■ ■'" '■•■■;..' ■". • '■• ' i .W9 Lodgments will be made as follows : — . ;','.' '>■'■': o,;| 25 per cent.,; deposit to accompany application; ." ' ' . : :% 25 per cent., 2nd October, 1916; > ,: r 25 per cent. ', Ist December, 1916; " '■'■% .. 2o per cent., Ist February, 1917. : '" T]i<v'Mini«lxu' of Finanue rest-ryes the right to accept tke whole or any part of amount aj)plied for, or to decline any application. Should the total applied for exceejd' the- ivmouut q^ £8,000,000, the Minister of Finance resel-ves the right to accept such excess or any part thereof;': The Controller and Auditor-General will make the allotment, if such is necessary. .■',.■■■•■■ '■ - \■ ' - ■ "'■ . ■.."■■■ . :.■'■•••■. .■■..' ■' I .... '•'"'; " In case of acceptance, of. part only of amount applied for, the surpjlus of the. amount paid us! deposit will be appropriated towards the payment of subsequent instalments. Interest will not be paid m respect of amounts which are not accepted. .... - ; In case of default m payment of any instalment at its due date, the deposit and instalments, previously paid will- be liable to forfeiture. ' , . ■ ' '■ ■ ■ ; ' '■'.- \ ■'. .-; ' •'■■'•''., ■ ■ Interim receipts will be issued for lodgments and must be retained and presented m exchange for War Bonds when ready for issue. />< • ' . . • ■ ■ ■ ■ . ■ ■'■".-■' Bonds payable to Bearer, with Coupons attached, will be issue^after the full subscription has, been puid, m denominations of £50, £I(J6, £500, £1,000, or such higher denominations as may be arranged, and will be repayable at par m New Zealand at date of maturity. ■.■ \ _ The Bonds are Government securities m which trustees are authorised to invest trust funds An annual sinking fund; is provided the repayment of the Loan. Applications will close on 21st August, 1916, but the Minister of Finance reserves the right' to close at a prior date, or to, extend the period. v v JOSEPH QEORGE WARD Treasury, Wellington, N.Z., . iixi.-A 4. lore ' Mmis *er of Finance; 6th August. 1916. , . 4