Page 6 Advertisements Column 1

Southland Times, Issue 21895, 22 December 1932, Page 6

LYTTELTON HARBOUR BOARD DEBENTURES INTENDING INVESTORS SHOULD NOT DELAY. Many intending investors in the Lyttelton Harbour Board’s £136,000 Redemption Loan Debentures are procrastinating in the sending in of their application monies, but the Board wishes to announce that at the rate the applications are at present coming in the Loan should be fully subscribed in a very short time. It is not every day that investors are offered such a lucrative gilt-edged investment. Interest at the rate of £5 5/- per cent, per annum is payable half-yearly, and is free of the National Expenditure Adjustment Act Tax of 10 per cent. The Debentures are in denominations of £5O, £lOO or multiples of £lOO, and exchange is paid by the Board on all accepted application money, interest and principal. Accepted application money also becomes interest-bearing from the day it is received by the Board, so investors with capital at present interest-bearing will lose nothing by applying for these Debentures immediately. Application money is being received by the Secretayr (Mr C. H. Clibborn) of the Lyttelton Harbour Board, Cathedral Square, Christchurch, from whom also a prospectus giving full details may be secured. —Advt.