THE HONGKONG GOVERNMENT GAZETTE, AUGUST 13, 1915.
SCRIP VOUCHERS.
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For the convenience of those who may desire to apply smaller amounts than £5 at one time to the purchase of War Loan, Scrip Vouchers in denominations of 5s., 10s., and £1 will be on sale at their face value at all Money Order Offices until further notice. Arrangements will also be made, when desired, for the supply of these Vouchers to Employers for sale to workmen, and to Trade Unions and Friendly Societies for sale to their Members.
From the 1st to the 15th December, 1915, Scrip Vouchers to the amount of £5 or multiples of £5 will be receivable at any Money Order Office at their face value as subcriptions to the Loan, and a receipt will be given in exchange for them. After registration, a Stock Certificate will be sent to the Subscriber.
The Government reserve the right to limit the amount of Serip Vouchers receivable from any one subscriber as subscriptions to the Loan, but such limit will not be fixed below £100.
On the acceptance of the Vouchers for the purpose of subscription, but not other- wise, interest up to the 1st December, 1915, will be allowed at the rate of Id. per £1 (4d. per 5s.) for each complete month, reckoning from the first day of the month following that in which the Voucher was purchased.
In addition to this allowance of interest, a bonus of Is, will be granted in respect of each £5 of Scrip Vouchers accepted as subscriptions to the War Loan.
The allowance for interest and bonus in December, 1915, and also the half-yearly dividends subsequently due, will be remitted to the subscriber by Warrants payable on demand at any Money Order Office, or will be credited to him in a Savings Bank account, as he may decide.
If the total amount of Scrip Vouchers held by a purchaser at the beginning of December, 1915, is in excess of an even £5 or multiple of £5, the excess will be returned to him in cash without interest, or may be retained by him for further investment in Stock on conditions to be announced later.
Scrip Vouchers will be receivable at their face value for the purpose of a Savings Bank deposit at any time, but in this case interest will only be allowed at the ordinary Savings Bank rate and from the first day of the month following the date of deposit.
GENERAL POST OFFICE, LONDON,
21st June, 1915.
How to invest through the Post Office in the National War Loan.
Subscribers through the Post Office will receive as favourable terms in all respects as subscribers of large amounts through the Bank of England, and will be entitled to the same privileges as subscribers through the Bank of England as regards future loans and conversion of existing Government Stock.
FACILITIES FOR INVESTMENT OF £5 OR MORE.
On application at any Money Order Office, you can purchase for cash War Loan to the value of £5 or any multiple of £5, and a discount of eightpence in each £5 will be allowed you.
That is to say, you can purchase £5 Stock for £4 19s. 4d.
You will receive on payment a receipt, in exchange for which you will subsequently be sent a Stock Certificate when you have been registered as a Stockholder.
A full half-year's Dividend at the rate of 45 per cent. per annum will be paid on 1st December, 1915, and on 1st June and 1st December in each succeeding year.
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