Article image
Article image

PROSPECTUS OS DOMINION. OF. NEW ZEALAND .'(EKEE PE NEW, ZEALAND INCOME-TAX.); PEIOS OP ISSUE: PAR. _j TERM OP LOAN: 21 YEARS. The Subsenption List will be closed on MONDAY, 3rd September, 1917/ J;'1 Loan is authorized to He raised under the War Purposes Loan Act, 1917, and pursuant to the New Zealand Loans h . ifl(V as amended by the New Zealand Loans Amendment Act, 1915, and both capital and interest will be charged upon the @ousol)dated revenue of me Dominion. >^-«r*. , ■>. ■•'m^^^mms^p^^f.. ..^ «» -JJ oan, iU be. utiii? ed by tEe DojaaonioH for war purposes only, and will take the form either of Inscribed Stock or ©earer-eonos, at the option of the subscriber. ■*•-•« ■**. ■, - ■'-... -- £1,000,000 of the Loan willbe reserved for persons Who desire to invest in securities which will be available for payment ot New Zealand Death Duties. Applications for this class of security must be specially marked TV- — . n: ju ftot fie transferable, but may be exchanged at the Treasury for other available securities, if so desired The issue is ail investment authorized by the Trustee Act, and trustees may invest therein. will not be accepted for tess than £100, but small investors may subscribe sums ef £1 up to 6500 > for a period 'of five or ten years, at any Postal Money-order Omee for investment in War Certificates. FuH particulars as to latter may be obtained at any Postal Money-order Office. #>•-", -*~,.., The Bonds will be issued in denominations of £100, £500, and £1000, or such higher denominations as may be arranged, and [Will be payable to bearer. --^ • v-^*- -i >-~^^.;-u»,. ■ Stock will not.be'is^eato^i^aHo^f under £100, and any amount applied for in excess of £100 must be a multiple of The Loan will be repaid at par at tie IJeasury, Wellington, or at any branch' of the Bank of > x-v "-"^o.. i; n \->\ -• -^ n JDn 15th November, 1938. :^r ' ; *•, * ~~. V Interest on Bonds and Stoel:will Be paid Half-fearly, on 15tli May and 15th November. >The first interest will be paid on 15th May, 1918, and will anibunt to £3 2s. 7d. per cent, on fully-paid allotinenLs' (254 flays), and £2 Os^ sd. per cent, on instalment allotments. Interest on fully.paid allotments and on the first instalment of instalment allotments will date from 3rd September 1917. Interest on second, third, and fourth instalments of instalment allotments will date from the respective dates of pavjnont shown herein. ■ , \ - • ; , " Interest on Inscribed Stock will be jaid by Dividend Warrant, which will be transmitted by post. Interest on Bonds will be paid on production of Coupons. ■♦" -*#«•-.,. Both Warrants and Coupons will be payable, free of exchange, at the Treasury, Wellington, or at any- I\.,.Ui >y.*\ieyi ordei Office, or at any branch of the Bank of New Zealand in the Dominion, or in London or Australia, as m^.y be an. . ' LOBGMENTS.—Forms of application ffiay be obiaincd s^d lodgments )•'- ' ■ :-! •»■ yT. ' 1 ''r .•■■ '' , -m - - ■~• ,•■' ( -mY or?!''•■ -of any Bank, or at the Treasury, Wellington." ' Lodgments will be made as follows:—?■'.:. Fully-paid Allotments— On appKcation >.j- »•-. <•. ~ 1.00 per cent. Instalment Allotments— .'J" y • - -' v# " ;■ ,:-;2§'; per cent, -(^eeond instalment) on Thursday, Ist November tf. f7j J 25 per cent, (third instalment)1 on Friday, 4th January, 1918; ; 25 per cent, (fourth instalment^ on Friday, Ist Mraeh, 1918. . !j '"'''^'^ts may be prepaid, but such'prepay^ - -^j fasc of default in the payment of any instalment at its due date, instalments previously paid will be liable id forfeiture. Provisional receipts will be issued for all payments, and will be exchangeable for Bonds to Bearer, as .soon as the latter can be pi q.'ared) or Inscription in the name of the registered holder. -J. . 1 ... - ■-' }.■" The Stock will be inscribed in accordance with the New Zealand Inscribed StocK Act, 1917 '(read in conjunction with the Hew Zealand Loans Act, 1908), and the inscription-books of the Loan will be kept at the Dominion Treasury, at Wellington, where all transfers of stock will be made. Transfer-forms may be obtained at the Treasury. 'Holders of War-bonds in the £16,000 Loan, -issued under Section 35 of the Finance Act, 1916, will have the right to eon vert" Into Inscribed Stock, with currency to 15th November, 1938, at any time between 3rd September, 1917, and Ist March, 1918, on , application in writing to the Dominion Treasury, Wellington. .... .:•;... _ . - ' Arrangements have been made under which the Banks have agreed to allow advances at reasonable rate of interest to clients who desire to invest in Loan but who have not -the ready money to enable them to do so within the time prescribed. Arrnagements will be made for New Zealand War Loan securities to be quoted on the London Stock Exchange as soon after the War as the British Chancellor of the Exchequer agrees. . . .. . .. Registered sharebrokers will be allowed a commission of ss. per £100 on allotments made in respect of applications for this issue bearing 'their stamp, and forwarded to the Treasury under cover of memorandum signed by the sharebroker. No commission will be allowed in respect of applications on forms which have not been printed by the Government Printer or on applications not forwarded as aforesaid. '.*"' " *■"""■ " -*——.:>.- APPLICATIONS willclose on MONDAY, 3rd SEPTEMBER, 1917, but the Minister of Finance reserves the right (<> < lose & at a prior date or to extend the period. ;■' v JOSEPH GEORGE WAKD, treasury, Wellington^ N.Z., • Minister of Finance. 14th August, 1917^.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WC19170818.2.12.1

Bibliographic details

Wanganui Chronicle, Volume LX, Issue 17065, 18 August 1917, Page 3

Word Count
885

Page 3 Advertisements Column 1 Wanganui Chronicle, Volume LX, Issue 17065, 18 August 1917, Page 3

Page 3 Advertisements Column 1 Wanganui Chronicle, Volume LX, Issue 17065, 18 August 1917, Page 3