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Tenders. j ISSUE OF £50^000 NEW ZEALAND GOVERNMENT DEBENTURES UNDER "THE WESTLAND i LOAN ACT, 1873." ! Treasury, Wellington, April 9, 1874. TENDERS are invited for the purchase X of the whole or any portion of Fifty Thousand Pounds New Zealand Government Debentures, issued under the Act of the Legislature of the Colony, entitled, " The Westland Loan ! Act, 1873." By the Act above cited, the principal sum to be raised, and the interest thereon, are charged on the Consolidated Revenue of the Colony ; a special block of land of 250,000 acres in extent being set apart as security to the Colony for the amount to bo raised. The Tenders will be received and the Debentures issued subject to the under- i mentioned conditions :—: — 1. The Debentures will be payable to bearer, and will be issued in sums of not less than Ono Hun- j dred Pounds each. 2. The Debentures will bear interest at the rate of s percent, per annum, payable half-yearly, on the loth day of April and the 15th day of October in each year, at tho Treasury at Wellington, or at any Branch of the Bank of New Zealand in New Zealand, on notice given at the Treasury one month before the due date. 3. The principal sum will be payable on the ] sth day of April, 1894<, at the Treasury at Wellington, or at any Branch of the Bank of New Zealand in New Zealand, at the option of the holder, six months' notice being required, previous to maturity, of the place at which payment is desired. 4. Tenders will be opened at the Treasury at Wellington, at noon, j on Friday, the Ist day of May I next, in the presence of such of the tenderers as desire to be present, — tho minimum price under seal being first placed on the table. In the event of equal tenders being received for a sura in excess of the issue, a pro rata distribution will be made. 5. The amount tendered for must be paid at the Treasury at Wellington as under : — Five per cent, accompanying application ; the balance on or before the Bth May. On payment of the balance of purchase money, Debentures signed by the Agents appointed nnder the Act will be forwarded, at the risk of the Government, to purchasers or their nominees. Half per cent, brokerage will be allowed to brokers through whose applications sales are ofFected. Applications by telegraph, received not later than 10 o'clock a.m. on the Ist May, will be accepted, provided they are accompanied by a telegram from the Manager of any Branch or Agency of the Bank of New Zealand notifying that the necessary deposit has been paid into the Bank of New Zealand to the credit of a Loan Deposit Account. If no allotment be made, the 5 per cent, deposit will be returned in full ; and if a portion only of the amount be allotted, the surplus will be applied in payment of the balauce. Juuus Yogel, Colonial Treasurer. Form of Tender. I hereby tender for £ New Zealand Five per cent. Debentures, at the prico of £ for each £100 of such Debentures ; and I agree to accept the same or any less amount that may be allotted to me, and to pay for them in cash at the Bank of New Zealand (a) on (a) The name of the place at which the purchaser undertakes payment of the balauco to be inserted. 287 a 29 PAINTING ODD FELLOWS' HALL. TENDERS will be received till 4 p.m. 1 on Saturday next, the 25th instant, for PAINTING the above Hall. The lowest or any Tender not necessarily accepted . Particulars may be obtained on application to Harris Ford, Chairman. April 21, 1574. 301 a 25 FOR SALE, A FOUR HORSE-POWER STEAM ENGINE with Tubular Boiler, self-acting screw cutting Lathe, Cupola, 18 inch Fau, Stocks, Dies, &c, &c, belonging to A. Leys, Engineer, Dovonstreet. The whole of tho above with the Household Furniture will be put up by public auction on the 7th May, if uot previously disposed of by private contract. All claims against tho above must be sent in at once, and all debts due must be paid on or before the 7th May, to the proprietor or H. Shuttleworth, Brougham-street. April 17, 1874. 289 m G CARDS. — Business Cards printed at 6s. per 100, or 500 for £1, at the " Herald" Printing Office. #

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TH18740422.2.2.6

Bibliographic details

Taranaki Herald, Volume XXII, Issue 2195, 22 April 1874, Page 1

Word Count
736

Page 1 Advertisements Column 6 Taranaki Herald, Volume XXII, Issue 2195, 22 April 1874, Page 1

Page 1 Advertisements Column 6 Taranaki Herald, Volume XXII, Issue 2195, 22 April 1874, Page 1