Page 1 Advertisements Column 7

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

Tenders. £50,000 SIX PER CEJUT. DEBENTURES. THE Bank of New Zealand, acting- for the Auckland Improvement Commissioners, invite Tenders for the whole or any portion of DEBENTURES representing Fifty Thousand Pounds, beai-ing six per cent, interest, payable half-yearly. The Debentures, by "The Auckland Improvement Act, 1 873," are made a first charge on the lands and rente of land vested in the Commissioners, which at present comprise about fortynine acres, including the Albert Barrack Reserve, being the most valuable part of the city, and affording undoubted security to the holder. The Debentures have coupons attached for each half-year's interest, which, with the principal, may be made payable at any of the Chief Branches of the Bank of New Zealand in New Zealand, the place of payment to be declared by J letter addressed to the Secretary for tbe Auckland Improvement Commissioners within three months from date of acceptance of Tender, otherwise to be understood to be payable in Auckland. The principal will be repaid at par ( by a one per cent, cumulate Sinking Fund, applied by annual drawings to tho extinction of the debt. The drawings will take place in the month of October in each year, commencing in 1876, at tho office of, and on a day to be notified by tho Improvement Commissioners, and will be conducted in presence of a Notary Public and any of the Debentureholders who may ploase to attend. The Debentures drawn will be paid at par on the 10th January following. The Commissioners declare their miuimnni at par, and Tenders at or above that rate, in accordance with the form annexed, and addressed " Tender for Six per cent. Debentures," will be received by the Bank of New Zealand, at Auckland, up to Tuesday, the 30th June next, when they will be opened iv presence of any of the Tenderers who elect to attend. Payment will be required as follows : On application, 5 per cent, oa amount applied for. On 15th July, equal to 50 per cent, (inclusive of deposit) on amount allotted. On 31st July, 50 per cent. The Debentures will bear interest from the Ist July, 1871. Copies of tho Act authorising the Loan may be seen at the Bank of New Zealand, Auckland, New Plymouth, Wellington, Napier, Nelson, Blenheim, Christchurch, and Dunedin. For the Bank of New Zealand, D. L. Murdoch, Inspector. Auckland, April 15, 1874. FORM OF TENDER. I hereby Tender for £ of the Auoklani ImprovetnonL Loan of £53.000, enbjeet to tho conditions in tbe advortisemout dated 15th, April, 1674, and for which I undertake to pay at ibo rate of £ for every £100 Doben. ture. I enclose herein the Bam of £ . , being 5 per oeut. oa tho amonnt applied for. Name AddroßS Date 297 j 27 TENDERS FOR GRAVELLING ROAD. Public Works Office, Taranaki, April 24, 1874. TENDERS will be received at this 1 office until 4 p.m. of Saturday, the 16th May next, for GRAVELLING portions (about 300 chains) of the main line of ROAD near Oeo, between Taungatara and Waipaipai. Specifications may be seen at this office and with the officer in charge at Opunake, whero all information may be obtained. The lowest or any Tender will not necessarily be accepted. O. Carrington, Engineer in charge, West Coast. 312 in 16 TENDERS FOR BUSH FALLING. ■TENDERS are invited for FALLING 1 BUSH as under— 80 chains on Hursthouse Road, 30 chains on Upland Road, 30 chains on King Road. The same to be cut one chain wido, and a roadway fifteen feet wide to bo cleared. Particulars can be had from the undersigned, to whom Tenders must be sont by 5 p.m. ou Saturday, the 2nd May. John Ellis, Chairraau 13th Road District. April 21, 18/4. 310 a 29 IN THE WINDING UP OF THE PATEA FLAX COMPANY (Limited). THE SHAREHOLDERS of tho above L Company are informed that the first distribution of 2s. in the £ will bo payable at tbe National Bank of New Zealand, New Plymouth, and the Bank of New Zealand, at Patea, on aud after the Ist May next. N.B. — Thoso holding Shares but who have uot paid them up, need not apply. T. HtRST, Liquidator.