Page 1 Advertisements Column 6

Taranaki Herald, Volume XXII, Issue 2197, 29 April 1874, Page 1

Tenders. __' ISSUE OF £50,000 NEW ZEALAND GO YE RN MBNT DB BENTURBS UNDER "THE WESTLAND LOAN ACT, 1873." Treasury, Wellington, April 9, 1874. rTENDERSare invited for the purchase JL of the whole or any portion of Fifty Thousand Pounds New Zealand Government Debentures, issued under the Act of the Legislature of tbe Colony, entitled, " The W.estland 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 be raised. The Tenders will be received and the Debentures issued subject to the undermentioned conditions :—: — 1. The Debentures will be payable to bearer, and will be issued in sums of not less than On« Hundred Pounds each. 2. The Debentures will bear interest at the rate of 5 percent, per annum, payable half-yearly, on the loth day of April aud tbe 15th day of October in each year, at the Treasury at Wellington, or at any Branch ofthe 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 loth day of April, 1894-, at the Treasury at Wellington, or at any Branch ofthe Bank of New Zealand in New Zealand, at the option of the holder, six months' notice beiug required, previous to maturity, of the place at which paymeut 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 bo present, — the 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 mta 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 the Government, to purchasers or their nominees. Ha'f per cent, brokerage will be allowed to brokers through whose applicatious sales are effected. 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 Agencj' 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 110 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 balance. Jcmus Vooix, Colonial Treasurer. Form of Tender. I herebj tender for £ New Zealand Five per cent. Debentures, at the price of .C for each £100 of each Dobeu tares ; and T agree to accept the snmo or any less runottnc that. may be allotted to me, and to pay for tbetn iv cash at the Bank of Xew Zealand (<i) on (a) The ntune of the place at which the pur. chaser unduriakus payment of the bnlanc« to be iuserte<l. 287 a 2!) TESTIMONIAL TO MH. K. M. S.\l [ VH. IT having been resolved by the K. M. Smiths Testimonial Committee that subscriptions should be solicited from the public of Taranaki in order to raise a fund for the purposo of procuring a testimonial to be presented to Mr. K. Al. Smith iv grateful consideration for the great efforts he has made in cxpuri. meutalising on our iron sand, and being the principal agent in bringing the smelting works at the lleuui to their present forward state, the following members of the Committee will be h»PPy to receive amounts for that purpose :—: — Messrs. A. Weyorganjj (Secretary and Treasurer), \V. H. Scott, Street, W. K. King, K. Veale, A. Hoswell aud H. Ford. 301 to LIVKRY AND BAIT STABLES. rjHIK undersigned has a first-rate class JL of Ladies' aud Gentlemou's SADDLE HOKSKS for hire. Horses and Traps always ready for short or long distances, at moderate terms. H. T. Yates.