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Tenders^ ISSUE OF £50,000 NEW ZEALAND GOVERNMENT DEBENTURES UNDER "THE WESTLAND LOAN ACT, 1873." Treasury, Wellington, April 9, 1874. rpENDERS are invited for the purchase JL of tho whole or any portion of Fifty Thousand Ponnds 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 sura 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 be 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 One Hundred 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 15th day of April, 1894, at the Treasury at Wellington, or at any Branch of the I Bank of New Zealand in New Zealand, at the option of the holder, six mouths' 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, on Friday, the Ist day of May next, in the presence of such of the tenderers as desire to be present, — the minimum price under seal being first placed ou the table. In the event of equal tenders being received for a sum 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 under the Act will be forwarded, at the risk of tbe Government, to purchasers or their nominees. Half per cent, brokerage will be allowed to brokers through whose applications sales are effected. Applications by telegraph, received not later than 10 o'clock a.m. on the Ist May, will be accepted, provided they aro accompanied by a telogram from the Manager of any Branch. or Ag-enoy of the Bank of New Zealand notifying that tbe necessary deposit has been paid into the Bank of New Zealand to the credit of a Loan Deposit Acconnt. If no allotment be made, the 5 per cent, deposit will bo returned in full ; and if a portion only of the amonnt be allotted, the surplus will be applied in payment of the balance. Jumds Yogel, ! Colonial Treasurer. — — Form of Tender. I hereby tender for £ Now Zealand Five por cent. Debentures, at the price of £ for each £100 of such Debentures; and I agree to accept tbo same or any less amouut that may be allotted to me, and to pay for thorn in cash at the Bank of New Zealand (a) on (a) The name of the place at v.hirh tbo purohaser undertakes payment of the balance to bo inserted. 287 a 29 PAINTING ODD FELLOWS' HALL. will be received till 4p.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 applicatiou to Harris Ford, Chairman. April 21, 1874. 304 a 25 TO CARTERS, LIVERY STABLE KEEPERS, AND OTHERS. MESSRS. LAIRD & DAVIDSON beg to inform thoso who use Chaff as horse feed, that they intend as soon as their engiue has finished threshing (which will be in a few days), to commence chaff cutting by steam. Any orders left with A. Davidson, Carter, will be attended to. April 21, 18/4. 303 a 25 j TWO POUNDS REWARD. T OST, a PORTE MONN AIB with JJ money in it. Anyone bringing it to this office will receive tho above Reward. 290 tc /^(ARDS. — Business Cards printed at \j Gs. per 100, or 500 for £1, at the i "Herald" Printing Office. #

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https://paperspast.natlib.govt.nz/newspapers/TH18740425.2.2.6

Bibliographic details

Taranaki Herald, Volume XXII, Issue 2196, 25 April 1874, Page 1

Word Count
727

Page 1 Advertisements Column 6 Taranaki Herald, Volume XXII, Issue 2196, 25 April 1874, Page 1

Page 1 Advertisements Column 6 Taranaki Herald, Volume XXII, Issue 2196, 25 April 1874, Page 1