✨ Forms and Declarations for Debentures
Mar. 18.] THE NEW ZEALAND GAZETTE. 849
And I make this solemn declaration conscientiously believing the same to be true, and by virtue of the Justices of the Peace Act, 1908.
Declared at , this
day of , 19 , before
me—
, Justice of the Peace
[or Solicitor of the Supreme Court].
A. B.
Form No. 5.
Debenture.
[Name of local authority], New Zealand.
[Name of loan] Loan.
Loan of [State amount] from the New Zealand State-guaranteed Advances Office.
Issue of [State number] debentures of [Not less than £20 nor more than £1,000] each, numbered 1 to , bearing interest at [State rate] per centum per annum.
These debentures are issued under the provisions of the New Zealand State-guaranteed Advances Act, 1909, and the Local Bodies’ Loans Act, 1908.
Debenture No. .
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The [Full name of body corporate], being a body corporate under the [Name of Act], in consideration of the sum of [Not less than £20 nor more than £1,000] lent to the said body corporate by the New Zealand State-guaranteed Advances Office Superintendent, do hereby bind themselves [or itself] to pay to the said Superintendent or to the bearer of this debenture the said sum of [State amount], together with interest thereon at the rate of [State rate] per centum per annum.
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The said principal and interest shall be payable in accordance with the table of repayments indorsed hereon by equal half-yearly instalments of [State amount in accordance with indorsed table] during a period of thirty-six and a half years, the first of those instalments being payable on the [State date six months after the date of the loan] day of , 19 .
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The said instalments shall include both principal and interest in accordance with the indorsed table, and full payment thereof shall constitute a complete discharge of this debenture.
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All sums payable under this debenture shall be paid at the office of the said Superintendent at Wellington.
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The said body corporate hereby charges, as security for the payment of all moneys payable under this debenture and the other debentures of the same series, a special rate of [Insert sufficient description of special rate].
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By way of further security for the said moneys, the said body corporate hereby charges [Insert sufficient description of any other security given for the loan].
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The holder of this debenture has no claim in respect thereof upon the Government or public revenues of New Zealand.
Issued under the common seal of the [Full name of body corporate], the day of , 19 .
A. B., Mayor [or Chairman].
C. D., Treasurer [or other officer appointed to countersign debentures].
[Indorse appropriate Table of First Schedule.]
Form No. 6.
Declaration verifying due Execution of Debentures.
I, A. B., Mayor [or Chairman, or Clerk] of [Name of local authority], do solemnly and sincerely declare,—
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That a resolution was passed at a meeting of [Name of local authority] duly called and constituted, held on , the day of , 19 , authorising the common seal of [Full name of body corporate] to be affixed to the debentures numbered 1 to , issued in respect of the loan of £ from the New Zealand State-guaranteed Advances Office.
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That the said common seal was duly affixed to the said debentures in accordance with the said resolution.
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That C. D., whose signature appears on the said debentures, is the Treasurer [or other officer] of [Name of local authority], and has been appointed by the said local authority to countersign those debentures.
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That the signature “ A. B.” on the said debentures is the proper handwriting of me, this deponent.
And I make this solemn declaration conscientiously believing the same to be true, and by virtue of the Justices of the Peace Act, 1908.
Declared at , this
day of , 19 , before
me—
, Justice of the Peace
[or Solicitor of the Supreme Court].
A. B.
J. F. ANDREWS,
Clerk of the Executive Council.
P
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✨ LLM interpretation of page content
💰 Form of Debenture for Loans from State-guaranteed Advances Office
💰 Finance & RevenueDebenture, Local authority loan, State-guaranteed Advances Office, Principal and interest, Special rate, Security
💰 Form of Declaration verifying due Execution of Debentures
💰 Finance & RevenueDeclaration, Debentures, Local authority, Common seal, Resolution, Loan, State-guaranteed Advances Office
- J. F. Andrews, Clerk of the Executive Council
NZ Gazette 1910, No 23