Dec. 12.] THE NEW ZEALAND GAZETTE. 3457

sum of £1,000 each—was declared valid, and the said loan was declared validly charged on the said special rate of 1s. 6d. in the pound sterling: And whereas by the said Act the said Council was authorized to raise for the purposes above described or similar purposes a further special loan of £7,000, and the said loan of £7,000 was duly and validly raised and charged pursuant to the authority conferred by the said Act on the said special rate: And whereas by three several Orders in Council gazetted on the 9th day of April, 1908, 11th day of March, 1909, and the 22nd day of December, 1909, the boundaries of the Borough of Hastings as existing at the date of the said Act and of the raising of the said two loans were altered, and the areas described in the respective Schedules to the said Orders in Council were excluded from the said borough and included in the County of Hawke’s Bay: And whereas by the effect of three separate agreements dated the 29th day of June, 1908, the 23rd June, 1909, and the 15th day of June, 1910, respectively, and each of them expressed to be made between the Mayor, Councillors, and Burgesses of the Borough of Hastings, of the one part, and the Chairman, Councillors, and Inhabitants of the County of Hawke’s Bay, on the other part, it was declared that in the aggregate the sum of £4,481 9s. 4d. was the part of the said loan of £25,000 which was probably appropr iable to the area of the said Borough of Hastings excluded under the terms of the said Orders in Council from the Borough of Hastings and included within the County of Hawke’s Bay, and that the county did assume liability in respect of the said sum of £4,481 9s. 4d. as the amount properly payable by the said county in respect of the liability created by the said loan: And whereas the Council of the said borough is desirous of raising by special order the sum of £20,000 to be applied in payment off of the sum of £20,000, part of the sum of £20,519 10s. 8d., the proportion appropr iable to the said borough of the said special loans:

Now, the Council of the Borough of Hastings, in pursuance of the powers conferred upon it by the Local Bodies’ Loans Act, 1908, the Local Bodies’ Loans Act Amendment Act, 1908, and the Municipal Corporations Amendment Act, 1910, and of every other power and authority it thereunto enabling, doth hereby resolve by way of special order to borrow the sum of £20,000 for the purpose of paying off the sum of £20,000, part of the said sum of £20,519 10s. 8d. above mentioned; and that the said sum of £20,000 raised under this special order shall be repayable on the 1st day of August, 1937, and shall be charged on the special rate hereinafter mentioned; and that, for the purpose of securing the repayment of the said special loan of £20,000 and the interest, sinking fund, and other charges of the said loan, the said Council hereby makes and levies a special rate of 5/16 of a penny in the pound sterling on the rateable value on the unimproved basis of all rateable property in the Borough of Hastings comprising the whole of the said borough; and that such special rate shall be an annually recurring rate during the currency of the said loan, and be payable yearly on the 31st day of May in each and every year during the currency of such loan, being a period of twenty-five years, or until the said loan is fully paid off.

Made by special order passed at a special meeting of the Council of the Borough of Hastings held on the 3rd day of October, 1912, and confirmed at a special meeting of the said Council held on the 7th day of November, 1912; and sealed with the common seal of the Mayor, Councillors, and Burgesses of the Borough of Hastings, in the presence of—

J. GARNETT,
Mayor.

W. H. COOK,
Town Clerk.

Special Order made by the Council of the County of Hawke’s Bay.

The Treasury,
Wellington, 11th December, 1912.

THE following special order, made by the Hawke’s Bay County Council, is published in accordance with the provisions of the Local Bodies’ Loans Act, 1908.

J. ALLEN,
Minister of Finance.

HAWKE’S BAY COUNTY COUNCIL.

Special Order.—Raising and securing Special Loan of £4,481 9s. 4d.

WHEREAS in the month of December, 1886, the Council of the Borough of Hastings as then existing obtained the sanc-

tion of the ratepayers of the said borough to the raising of a loan of £25,000 for the purpose of carrying out a scheme for the drainage of the said borough on the security of a special rate, which special rate was by the Hastings Borough Loan Validation and Empowering Act, 1894, declared to be a valid special rate of 1s. 6d. in the pound sterling, leviable on the rateable value of all rateable property within the Borough of Hastings: And whereas the said Council applied to the Government Insurance Commissioner for a loan of £18,000, to be applied in paying off an advance of £18,000 on the hypothecation of debentures issued for the sum of £25,000, and an advance of £18,000 was made by the said Commissioner to the said Council, and by the said Act the issue of the said loan to the extent of £18,000—that is, 18 debentures for the sum of £1,000 each—was declared valid, and the said loan was declared validly charged on the said special rate of 1s. 6d. in the pound sterling: And whereas by the said Act the said Council was authorized to raise, for the purposes above described or similar purposes, a further special loan of £7,000, and the said loan of £7,000 was duly and validly raised and charged pursuant to the authority conferred by the said Act and the said special rate: And whereas by three several Orders in Council gazetted on the 9th day of April, 1908, 11th day of March, 1909, and the 22nd day of December, 1909, the boundaries of the Borough of Hastings as existing at the date of the said Act and of the raising of the said two loans were altered, and the areas described in the respective Schedules to the said Orders in Council were excluded from the said borough and included in the County of Hawke’s Bay: And whereas by the effect of three separate agreements, dated the 29th day of June, 1908, the 23rd June, 1909, and the 15th day of June, 1910, respectively, and each of them expressed to be made between the Mayor, Councillors, and Burgesses of the Borough of Hastings, of the one part, and the Chairman, Councillors, and Inhabitants of the County of Hawke’s Bay, of the other part, it was declared that in the aggregate the sum of £4,481 9s. 4d. was the part of the said loan of £25,000 which was properly appropr iable to the area of the said Borough of Hastings excluded under the terms of the said Orders in Council from the Borough of Hastings, and included within the County of Hawke’s Bay, and that the county did assume liability in respect of the said sum of £4,481 9s. 4d. as the amount properly payable by the said county in respect of the liability created by the said loan: And whereas the Council of the said county is desirous of raising by special order the sum of £4,481 9s. 4d., to be applied by the said county in payment off of the said sum of £4,481 9s. 4d., the proportion appropr iable to the said county of the said special loans:

Now, the Council of the County of Hawke’s Bay, in pursuance of the powers conferred upon it by the Local Bodies’ Loans Act, 1908, the Local Bodies’ Loans Act Amendment Act, 1908, and the Municipal Corporations Amendment Act, 1910, and of every other power and authority it thereunto enabling, doth hereby resolve by way of special order to borrow the sum of £4,481 9s. 4d. for the purpose of paying off the said sum of £4,481 9s. 4d., part of the said two special loans of £18,000 and £7,000; and that the said sum of £4,481 9s. 4d. shall be repayable, together with interest thereon at the rate of £4 10s. per centum per annum, by twenty half-yearly instalments of £280 14s. 7d. on every 1st day of February and 1st day of August until such twenty half-yearly instalments shall have been duly paid, the first of such instalments to be paid on the 1st day of February, 1913, and the last on the 1st day of August, 1922; and that such instalments shall be charged on the special rate hereinafter mentioned; and that, for the purpose of securing the repayment of the said special loan of £4,481 9s. 4d. and the interest and other charges on the said loan, the said Council hereby makes and levies a special rate of 9/16 of a penny in the pound sterling on the rateable value of all rateable property in those parts of the County of Hawke’s Bay which are described in the said three Orders in Council above referred to as excluded from the said Borough of Hastings and included in the said County of Hawke’s Bay; and that such special rate shall be an annually recurring rate during the currency of the said loan, and be payable yearly on the 1st day of August in each and every year during the currency of such loan, being a period of ten years, or until the said loan is fully paid off.

Dated this 14th day of October, 1912.

Passed at a special meeting of the Hawke’s Bay County Council held on the 9th day of September, 1912, and confirmed at a special meeting of the said Council held on the 14th day of October, 1912.

The common seal of the Chairman, Councillors, and Inhabitants of the County of Hawke’s Bay was hereunto affixed