AN INVESTMENT. CHRISTCHURCH DRAINAGE . - BOARD DEBENTURES. Why not invest in Christchurch Drainage Board Debentures ? You can secure them in denominations of £IOO, £SOO, or £IOOO on which Interest is paid at the rate of 5.?* per cent, per annum, free of exchange at any branch of the Bank of New Zealand within the Dominion. Tlie term of the Debentures is for fifty years, from Ist October, 1920, with the right of redemption by tiie Board of the whole or any portion after the expiration of fifteen years. The security is of the soundest, being covered by a special rate of one farthing in the £ on the capital value of an area valued at £16,566,100 and in the £ on the capital value of an area valued _at £7,167,696, this area comprising practically the whole of the city of Christchurch and a large portion of the suburbs. Application Money will be received at the Office of the Board, 198 Hereford Street, Christchurch, in Cash, Bank Draft, or Cheque, and exchange will be paid by the Board on all accepted Application Money. Copies of the Board’s Prospectus are obtainable FREE on application to the Board or from any Bank.
Free Developing and Printing of first film, -when camera is bought here during Christinas. Take advantage of this offer to-day, and purchase your Kodak at once. Brownies from 10s 6d, Kcdnks from 37s Gd. "Preserve your happy memories this Yu««stidc with a Kodak. Always with you, never in the way. “The Kodak Depot,” Baxter's Pharmacy, Theatre Buildings, Timaru..
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Bibliographic details
Timaru Herald, Volume CXXIII, 19 December 1925, Page 9
Word Count
254Page 9 Advertisements Column 1 Timaru Herald, Volume CXXIII, 19 December 1925, Page 9
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