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imti' ZEAIiAiNI) GOVERNMENT. £4-Per Cent 5/20 | Debenture Loan.

ISSUE. OF £500,000. Fart of £1,000,000 aut/iorised to be raised under an Act of the General Assembly of New Zealand, and intituled " The Aid to Public Works and Land Settlement Act, 1903."

MINIMUM PRICE OF ISSUE £100 PER CENT.

The Colonial Treasurer invites Tenders for £500,000 New Zealand 'Government i per cent debentures, payable to bearer, and) of the facevalue of £1000, £500, £200, and £100 respectively, as may be desired. These debentures are secured on thw* Public Revenues of New Zealand. The Principal will be repaid at par no* earlier tkara five years nor later than twenty years from the Ist February, 1904, the Government reserving to ifcself the right of redemption (by conversion or otherwise) on the Ist February or Ist August, 1909, or in any year after the year 1909, upon giving six months' notice in the Government Gazette and in at least four newspapers published in the colony, of its intention, to do so. Botih principal and interest will be made payable ait the Treasury, Wellington, New Zealand. Dividends, (represented) by coupons attached) to the delbentuiresi, will be : payable on the Ist February and the i Ist August in eacih. year during tihe '■ currency of .the Loan, at the Cashier's Office), Treasury, Wellington^ lor <vt any Branch of the Bamk of New Zealland in New Zealand or Australia. A* the option of the holder ,of any dteibenitiuire, and on application made im that' behalf at the Treasury, Wellington, New 1 Zealand, he may at any time during its currency have it indorsed) payable, both a® to principal and interest, a* any specified: Branch of the Bank of New Zealand in Australia; Provided that the indorsement shall be made not less than one month before the due date of the next ensuing payment of interest. Scrip Certificates (with. Coupon at taiched for the payment of interest im the broken period from the 4th> January, to the Ist February, 1904) will be issued, to be exchamged for the djebentua'eibonda wiith. interest-do upons attached' first six months' .interest, cal- ! ciliated upon the nominal amount of ! the debenture, will be payable on tha Ist August, 1904. The issue-price will be at the rate of £100 in money for every £100 expressed im debeoitiuiresi (below which do tender will' be accepted), payable as follow®: Deposit of 5 p«r cent on application First instalment of 45 per cent on Monday, 4tb January, 1904. Second! instalment of 50 per cent on Mondiay, Ist February, 1904. Paiytments may be miade in full ait any tlime on or after thie 4th January, 1.904, and prior to the Ist Fehruairy, 1904, at a discount alt the rate of one pound ten shillings per centum ■ pay annum. 1 Sealed tenders), addressed to tihe J Secretary to the Treasury, Govern- ' inent Buildinga, WelHimgton, aiococnr 1 panied with, the 5 per, cent deposit, ' will be .received up to noon of Wed--1 nesday, 23rd December, 1903, when ' they will be opened' in the presence ! of the Qpnloßdal Treasurer amdl the ' Controller andl Auditor-General, and ' allotment will forthwith, be made. If * cheques are" lodged with a tendter, r they= must be drawn upon a Bamik in ' Wellington, and be marked by such Bank as "good" for fourteen days. * 'Cheques issued by ft Bank needl not " be »o marked- ? Tenders may be for the whole" or any part of the Loan, andumiuet state ? what amount of money will be given

for every £100 of tlhie Debtetntuires. tendered' for- Twudera rasust be tor J even ' -. hundreds of pounds sterling 1, j and at .prices wHich are multiples of sixpence. Tenders a* different prices must be on separate fownie. The nominal amount of debentures tendered for must be written on tine outside of the tender. In case of default in the payment of any instalment ait its proper date, the deposit and installment (if any) j previously paid will be liable to forfeiture. If no allotment is made the deposit will be returned. : The firs* and instalments, miay be paid! at any Branch, of the Bank of New Zealand either in the Colony or -Australia,-to *&* oredit of the Publio Acioount, or at the Trey suiry, Wellington, not later than the several dates previously mentioned 1. Tenders must be on printed forms, which, may be obtained at "the Cashier's Office, Treasury, Welling-foB, or ait tih« Offices of tihe Bamk of New Zealand ait Sydney, Melbourne, Auckland, Wellington, Christchurchi, or Dunedin. Office of the Colonial Treasurer, Wellington, 25th November; 1303-

[A! CARD.] MESSRS . Earp-THomas & Co., SURGEON DENTISTS, Pollen St-, T&amea and Wellington' M. TEASDALE -1 RACTICAL PLUMBER, JINSMITF AND GAS FITTER. Willeughby ttreet, ""Wwiland, ant Tetley, Bw "her. BAIHS, TANKS, LAMPS, CHIM NE'iS,'«tc;, ni»d« io order. Special attention given to all kind*

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THS19031216.2.38.3

Bibliographic details

Thames Star, Volume XXXXI, Issue 10500, 16 December 1903, Page 4

Word Count
794

Page 4 Advertisements Column 3 Thames Star, Volume XXXXI, Issue 10500, 16 December 1903, Page 4

Page 4 Advertisements Column 3 Thames Star, Volume XXXXI, Issue 10500, 16 December 1903, Page 4