Page 2 Advertisements Column 1

Waikato Times, Volume 105, Issue 17783, 7 August 1929, Page 2

FINANCIAL. THE FIRST NATIONAL MORTGAGE BOND CORPORATION LIMITED. (To be registered under The Companies Act, 1908). CAPITAL, £250,000. Divided into 100,000 6 per cent. Cumulative Preference Shares of £1 each, and 150,000 Ordinary Shares of £1 each. A fresh avenue of investment will be opened up to the public by the operations of the First National Mortgage Bond Corporation, Ltd. and the principles and system which form part pf the standard practice to-day in Great Britain and America will be followed. Mortgages of the best class, namely, the highest type of improved City properties and productive rural lands, will be taken up, and Bonds of convenient denominations issued to the public, thus rendering such classes of mortgages available to investors generally. All bonds will be protected by an adequate equity or margin of safety, based on conservative appraisals of the property mortgaged. The construction and other costs, soundness, and earning power of each property will be thoroughly examined. The organisation is in the hands of prominent business men, who have been successful in the commercial life of the Dominion. The Corporation will offer continuity of investment, . safety, and ready negotiability. The usual difficulties of investors in finding suitable investments and securities will be overcome. For further particulars and full copy of Prospectus apply to ASSOCIATED INVESTMENT UNDERWRITERS (N.Z.), LTD., T. Q. REYNOLDS, Waikato Representative, Albany Buildings, Victoria Street, HAMILTON. Phone 1771.

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