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Tenders. ! £50,000 SIX PER CENT. ■ DEBENTURES. rpHE Bank of New Zoaland, acting for 1 the Auckland Improvement Commissioners, invite Tenders for the whole or any portion of DEBENTURES representing Fifty Thousand Pounds, bearing six per cent, interest, payable half-yearly. The Debentures, by "The Auckland Improvement Act, 1873," are made a first charge on tho lands and rents 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 undaubted 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 ofthe Chief Branches of tKe Bank of New Zealand in New Zealand, tbe place of payment to be declared by letter addressed to the Secretary for tbe Auckland Improvement Commissioners within three months from date of acceptance of Tender, otherwiso to bo nnriurstood 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 the extinction of the debt. The drawings will take place in the month of October in each year, commencing in 1870, at tbe office of, and on a day to be notified by the Improvement Commissioners, and will be conducted in presence of a Notary Publicandanyof the Debentureholders who may please to attend. The Debentures drawn will be paid at par on the 10th January following. The Commissioners declare their minimum 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 Toksday, the 30th June next, when they will be opened in presence of any of the Tenderers who elect to attend. Payment will be required as follows : On application, 5 per cent, on 1 amount applied for. On 15th July, equal to 50 per cent, (inclusive of deposit) on amount i allotted. On 31st July, 50 per cent. The Debentures will bear interest from the Ist July, 1874. Copies of the Act authorising tße Loan tnuy be seen at the Bank of New Zealand, Auckland, New Plymouth, .Wellington, Napier, Nelson, Blenheim, Christen uroh, and Dunodin. For the Bank of Now Zealand, D. L. Murdoch, Inspector. Auckland, April 15, 1871. FOIIM OP TENDER. I hereby Tender for £ of the Auckland Improvement Loan of £53,000, subject to the conditions in the acWertisement dated 15th April, 1874, and for which I undertake to pay at the rate of £ for every £100 Debenture. 1 oiiclosb herein the sum of £ ( beiug 5 per cent, on the amount applied for. Name Address Date 297 j »7 i TENDERS FOR GRAVELLING KOAD. 1 Public Works Office, 1 Taranaki, April 2-1, 1874. TENDERS will be received at this 1 office until 4 p.m. of SATURDAY, the 10th May next, for GRAVELLING portions (about 300 chains) ofthe main lino of ROAD near Oeo, betweeu Taungatara and Waipaipai. I Specifications ma£ bo seen at this 1 office and with the officer in charge at 1 Opunake, where all information may be 1 obtained. The lowest or any Tender will not necessarily be accepted. O. Caurixgtos, Engineer in charge, West Coast. 312 in 16 TENDKRS FOR BUSH FALLING. WKXDKRS are invited for FALLING 1 BUSH as under — 80 chains on Hursthouse Road, *>0 chains on Upland Road, 30 chains on King Road. The same to bo cut one chain wide, and a roadway fifteen feet wide to ba cleared. Particulars can be had from theunderI {signed, to whom Tenders most be sent by 5 p.m. on Sa'Umiuw, the 2nd May. John Elms, Chairman 13th Road District. April 21, 187-t. 310 a 29 TWO POUNDS REWARD. LOST, aPORT EMO N N A I E wiih money iv it. Anyone bringing it to this office will receive tho above Reward. 590 to KAURI TIMBER, i- AAAFKET seasoued KAURI 4 J, UUU BOARDS and PLANK 3 for sale by the undersigned. G. N. Cortiß. Okato. February 3, 1674, 185 to

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TH18740429.2.2.7

Bibliographic details

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

Word Count
680

Page 1 Advertisements Column 7 Taranaki Herald, Volume XXII, Issue 2197, 29 April 1874, Page 1

Page 1 Advertisements Column 7 Taranaki Herald, Volume XXII, Issue 2197, 29 April 1874, Page 1

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