GILT-EDGED INVESTMENT CHRISTCHURCH DRAINAGE BOARD DEBENTURES. There is no fear of losing any of your capital or interest when you invest in the Christchurch Drainage Board Redemption Loan of £90,000. The Debentures are classed as a Trustee Investment and the Principal and Interest are secured by a special rate of Jd in the £ on a capital value of an area valued at £20,164,060. The rate of interest is £5 10/- per cent, per annum, payable free of exchange at any branch of the Bank of New Zealand within the Dominion. Exchange will be paid by the Board on all accepted application money. The date of maturity is June 30th, 1946. Very few of these Debentures now remain to be disposed of and early application is therefore required. Application forms can be secured either from the Board direct or from any sharebroker or branch of the Bank of New Zealand. Application forms, together with cash, bank draft, or marked cheque, should be' sent to the Christchurch Drainage Board, 198 Hereford street, Christchurch.—-Advt.
The male heir-apparent to the British throne is born Duke of Cornwall. He does not become Prince of Wales until the title is conferred upon him.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ST19310624.2.12.2
Bibliographic details
Southland Times, Issue 21428, 24 June 1931, Page 2
Word Count
197Page 2 Advertisements Column 2 Southland Times, Issue 21428, 24 June 1931, Page 2
Using This Item
Stuff Ltd is the copyright owner for the Southland Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in