✨ Local Government Loan Warrants
Sept. 26.] THE NEW ZEALAND GAZETTE. 3359
Warrant apportioning the Annual Payments of Interest and other Charges in respect of certain Loans (originally raised by the Board of the Whakatane Road District since merged in the County of Whakatane) between the Whakatane Borough Council and the Whakatane County Council.
LIVERPOOL, Governor-General.
WHEREAS by section seventy-three of the Local Bodies’ Loans Act, 1913, it is, inter alia, provided that where part only of any area over which a special rate is made as security for a loan is merged or included within the district of a local authority other than the local authority that made the rate, then the whole of the liability in respect of the loan shall continue to be a liability of the local authority that raised the loan, but that the Governor-General may, upon the written application of that local authority, by Warrant under his hand, direct that any local authority in whose district part of such area has been merged or included shall pay annually to the first-mentioned local authority during the currency of the loan, on such date as is specified, such amount as he considers a duly proportionate part of the interest and other charges in respect of the loan:
And whereas parts of the areas over which the special loans of which particulars are given in the Schedule hereto were raised by the Board of the Whakatane Road District (which district has since been merged in the County of Whakatane) have been merged or included in the Borough of Whakatane:
And whereas it has been mutually agreed between the Councils of the borough and county respectively that the amounts hereinafter mentioned shall be paid annually by the Whakatane Borough Council to the Whakatane County Council as its duly proportionate parts of the interest and other charges in respect of the said loans:
And whereas written application has been made by the Whakatane County Council for the Governor-General to direct accordingly:
Now, therefore, I, Arthur William de Brito Savile, Earl of Liverpool, the Governor-General of the Dominion of New Zealand, in pursuance and exercise of the power and authority conferred on me by section seventy-three of the Local Bodies’ Loans Act, 1913, do hereby direct that the Whakatane Borough Council shall, in respect of the loans specified in the Schedule hereto, pay annually to the Whakatane County Council, on the first day of April in each and every year during the currency of the said loans, the respective amounts set out in Column “G” of the said Schedule as its duly proportionate part of the interest and other charges payable in respect of the said loans.
SCHEDULE.
| Date inscribed. | Term of Loan. | Rate of Interest. | Name of Loan. | Inscribed Amount of Loan. | Interest and other Charges payable. | Amount payable annually by Whakatane Borough Council. |
|---|---|---|---|---|---|---|
| A | B | C | D | E | F | G |
| 1/2/1889 | 41 years .. | 3½ | Roads and bridges .. | £ s. d. 2,017 17 0 | £ s. d. 70 12 6 | £ s. d. 23 16 6 |
| 1/2/1906 | 41 years .. | 3½ | Roads and bridges .. | 2,554 6 1 | 89 8 0 | 17 10 10 |
| 1/2/1910 | 41 years .. | 3½ | Whakatane Bridge .. | 2,872 17 9 | 100 11 0 | 9 14 10 |
| £7,445 0 10 | £260 11 6 | £51 2 2 |
As witness the hand of His Excellency the Governor-General, this twentieth day of September, one thousand nine hundred and eighteen.
ARTHUR M. MYERS,
Acting Minister of Finance.
Warrant apportioning the Annual Payments of Interest and Principal in respect of a Loan of £550, originally raised by the Whakatane County Council, between the said Council and Whakatane Borough Council.
LIVERPOOL, Governor-General.
WHEREAS by section seventy-three of the Local Bodies’ Loans Act, 1913, it is, inter alia, provided that where part only of any area over which a special rate is made as security for a loan is merged or included within the district of a local authority other than the local authority that made the rate, then the whole of the liability in respect of the loan shall continue to be a liability of the local authority that raised the loan; but that the Governor-General may, upon the written application of that local authority, by Warrant under his hand, direct that any local authority in whose district part of such area has been merged or included shall pay annually to the first-mentioned local authority during the currency of the loan, on such date as is specified, such amount as he considers a duly proportionate part of the interest and other charges payable in respect of the loan:
And whereas part of the area over which a special loan of five hundred and fifty pounds was raised by the Whakatane County Council for the purpose of metalling and improving a portion of the Whakatane–Te Teko Road has been merged or included in the district of the Whakatane Borough Council:
And whereas it has been mutually agreed between the Whakatane County Council and the Whakatane Borough Council that the amount of two pounds nineteen shillings and ninepence shall be paid annually by the Whakatane Borough Council to the Whakatane County Council as its duly proportionate part of the interest and other charges payable in respect of the said loan:
And whereas written application has been made by the Whakatane County Council for the Governor-General to direct accordingly:
Now, therefore, I, Arthur William de Brito Savile, Earl of Liverpool, the Governor-General of the Dominion of New Zealand, in pursuance and exercise of the power and authority conferred on me by section seventy-three of the Local Bodies’ Loans Act, 1913, do hereby direct that the Whakatane Borough Council shall, in respect of the loan above mentioned, pay annually to the Whakatane County Council, on the first day of April in each and every year during the currency of the said loan, the above-mentioned amount of two pounds nineteen shillings and ninepence as its duly proportionate part of the interest and other charges payable in respect of the said loan.
As witness the hand of His Excellency the Governor-General, this twenty-first day of September, one thousand nine hundred and eighteen.
ARTHUR M. MYERS,
Acting Minister of Finance.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 1918, No 133
NZLII —
NZ Gazette 1918, No 133
✨ LLM interpretation of page content
💰 Warrant for Annual Payments of Interest and Charges for Whakatane Road District Loans
💰 Finance & Revenue20 September 1918
Local Bodies’ Loans Act, Whakatane Road District, Whakatane Borough Council, Whakatane County Council, Loan Repayment
- Arthur William de Brito Savile, Earl of Liverpool, Governor-General
- Arthur M. Myers, Acting Minister of Finance
💰 Warrant for Annual Payments of Interest and Principal for Whakatane County Council Loan
💰 Finance & Revenue21 September 1918
Local Bodies’ Loans Act, Whakatane County Council, Whakatane Borough Council, Loan Repayment
- Arthur William de Brito Savile, Earl of Liverpool, Governor-General
- Arthur M. Myers, Acting Minister of Finance