r
THE NEW ZEALAND GAZETTE. 89
mentioned, are now payable by the said Act to the
Commissioners aforesaid, and may be paid to either
of the under-mentioned persons, who are authorized
by the Commissioners to receive and to give receipts
for the same; that is to say-
For the Sinking Funds of the Auckland Loan, the
Hon. Dr. Pollen, Auckland;
For the Sinking Funds of the Otago Loans, A.
R. C. Strode, Esq., Dunedin; and
For the Sinking Funds of all other Loans, James
Clark Gavin, the Secretary to the Commissioners.
By order of the Commissioners,
JAMES C. GAVIN,
Secretary to the Commissioners.
CONTINUED CONVERSION OF THE OLD DEBEN-
TURES OF THE GENERAL AND PROVINCIAL
GOVERNMENTS OF NEW ZEALAND INTO NEW
5 PER CENT. CONSOLS UNDER THE LOAN ACT
OF 1867.
THE Crown Agent for the Colonies, acting on
behalf of the Government of New Zealand,
will be prepared to exchange new 5 per cents.,
created under authority of the Act above referred to,
for debentures bearing various rates of interest,
which have from time to time been issued under the
following Acts and Ordinances.

The interest on the new securities will be paid
quarterly, and the principal will be paid at par by a
1 per cent. cumulative sinking fund, applied by annual
drawings to the extinction of the debt. By this pro-
cess the whole amount will be paid off in about
thirty-six years.

The terms on which the old debentures may be
exchanged for new are as follows, viz. :-
For every 100 General Government old 5 per
cents. payable in 1914, holders may receive 99 new
5 per cent. consols.
For every 100 General Government 6 per cents.
payable in 1891, holders may receive 113 new 5 per
cents.
For every 100 6 per cents. of the Provincial
Governments of Auckland, Canterbury, and Otago,
holders may receive 109 new 5 per cents.
For every 100 Otago 8 per cents., issued under
Loan Ordinance, 1861-2, and payable in December,
1875, holders may receive 115 new 5 per cents.
For every 100 Otago 8 per cents., issued under
Loan Ordinance, 1861-2, and payable in July, 1874,
holders may receive 113 new 5 per cents.
For every 100 Otago 8 per cents., issued under
Loan Ordinance, 1862, and payable in November,
1874, holders may receive 113 new 5 per cents.
For every 100 Otago 8 per cents., issued under
Loan Ordinance, 1862, and payable in October, 1875,
holders may receive 115 new 5 per cents.
For every 100 Canterbury 8 per cents., issued
under Loan Ordinance, 1856, and payable in 1873,
holders may receive 110 new 5 per cents.
For every 100 Wellington 8 per cents., issued under
Loan Ordinance, 1862, and payable in 1877, holders
may receive 118 new 5 per cents.
For every £100 Wellington 8 per cents., issued
under Loan Ordinance, 1866, and payable in 1886,
holders may receive £128 10s. new 5 per cents.
For every 100 Nelson 8 per cents., issued under
Loan Ordinance, 1864, and payable in 1876, holders
may receive 116 new 5 per cents.
For every 100 Nelson 8 per cents., issued under
Loan Ordinance, 1864, and payable in 1881, holders
may receive 124 new 5 per cents.

The bonds will be made to represent sums of
£1,000, £500, £200, and £100 respectively, and
fractions of the latter amount, which may be unavoid-
able in the conversion, will be adjusted either by the
issue of one bond, more or less, and by the payment
of the difference in money, at the time of conversion.

The annual drawings will take place in the month
of March, commencing in 1869, and will be conducted
in the presence of the Crown Agents for the
Colonies, of any debenture-holders who may be
pleased to attend, and of a notary public. The
debentures drawn will be paid off at par, on the 15th
April following, together with the interest due
thereon.

The days on which such drawings are to take place
and the numbers and values of the debentures drawn,
will be duly notified by advertisement in the London
Gazette and the Times.

The New Zealand Government will receive bonds
for exchange, and will give an order on the Crown
Agents for an amount of new 5 per cent. consols
corresponding with the advertised terms of con-
version. The Government will be responsible for
the transmission of the old bonds to England.

As payment of interest on new bonds has to be
made in London, and the annual drawings will also
be made there, those bonds will have to be deposited
in the hands of some person resident in the United
Kingdom. For the convenience of persons who have
not agents there, Mr. Morrison, the New Zealand
Agent in London, will, on application, act as agent
for such persons in respect of those bonds.

E. W. STAFFORD.

The Treasury, Wellington, New Zealand,
6th February, 1869.

CUSTOMS.-The under-mentioned persons have
been duly licensed to act as Custom House
Agents at the Port of Picton, for the year ending
the 31st day of December, 1869 :-
ROBERT LAERY, and
WILLIAM WELFORD.

JOHN ALLEN,
Deputy Commissioner.

Custom House, Picton,
10th February, 1869.

CUSTOMS.-The under-mentioned persons have
been duly licensed to act as Custom House
Agents at the Port of Westport :-
WILLIAM LLOYD,
AMBROSE EYLES MOORE, and
JOHN MUNRO.

J. HACKWORTH
(for the Secretary and Inspector).

Office of the Commissioner of Customs,
Wellington, 23rd February, 1869.

Office of the Registrar of Joint Stock Companies,
Auckland, 13th February, 1869.

I, JOHN MUIR WAYLAND, Registrar of Joint
Stock Companies for the Provinces of Auckland
and Hawke's Bay, in the Colony of New Zealand,
do hereby notify that I have registered a Memoran-
dum of Association, with Articles of Association,
establishing a Company, with limited liability of the
shareholders therein, intituled
"The Hauraki Saw-Mill Company (Limited),"
the objects of which are "To cut, saw, and prepare
timber for sale, and to carry on the business of
timber merchants in all its branches; with power for
the Company to purchase or take on lease or other-
wise any land or easements in land, to purchase,
erect, contract, take on lease or otherwise, any houses,
mills, plant, machinery, wharves, tramways, roads,
and other works that may be necessary or convenient
for the business of the Company, and generally to do
all such things as are incidental or conducive to the
attainment of the above objects or any of them, or