Debenture of £35. Serie A. black. No 3775. Issued to finance the plantation of Californian Redwood (Sequoia Sempervirens) trees. The company owned 6014 acres of land near Putaruru. By 1929, 1025 of its acres were planted. In later years, the company became involved in a management scandal and had to go into liquidation.
Date: 29 October 1931
Startprice: € 40