3440

THE NEW ZEALAND GAZETTE.

[No. 81

has not been borrowed, the local authority or public body may, with the precedent consent of the Minister of Finance, borrow such money, or such amount thereof as has not been borrowed, at such rate of interest, or for such term, as may be prescribed by the Governor-General by Order in Council :

And whereas the Stratford County Council has been authorized to borrow the sum of two hundred pounds for the purpose of metalling part of Denmark Terrace :

And whereas the Minister of Finance has given his precedent consent as required by the above-recited section one hundred and fourteen, and it is desired that the rate of interest at which the money may be borrowed be not exceeding six per centum per annum :

Now, therefore, His Excellency the Governor-General of the Dominion of New Zealand, in pursuance and exercise of the power and authority vested in him as aforesaid, and acting by and with the advice and consent of the Executive Council of the said Dominion, doth hereby prescribe the rate of interest that may be paid by the Stratford County Council in respect of the said sum of two hundred pounds shall be a rate not exceeding six per centum per annum, and the said Stratford County Council is hereby authorized to borrow the said sum of two hundred pounds accordingly.

C. A. JEFFERY,
Acting Clerk of the Executive Council.

Prescribing the Term for which the Piako County Council may borrow the Sum of £1,850, authorized to be raised for metalling a Portion of the Waiorongomai–Maungakawa Road, and also the Rate of Interest payable thereon.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 13th day of December, 1926.

Present :

THE HONOURABLE W. DOWNIE STEWART PRESIDING IN COUNCIL.

WHEREAS by section one hundred and fourteen of the Local Bodies’ Loans Act, 1926, it is provided that, notwithstanding anything to the contrary in any Act or in any rule of law, where a local authority or public body has been authorized before the passing of the said Act, or is thereafter authorized, to borrow money, whether pursuant to a poll of ratepayers or otherwise howsoever, whether the rate of interest or the term of years of the loan was or was not specified or determined, and such money, or any part thereof, has not been borrowed, the local authority or public body may, with the precedent consent of the Minister of Finance, borrow such money, or such amount thereof as has not been borrowed, at such rate of interest, or for such term, as may be prescribed by the Governor-General by Order in Council :

And whereas the Piako County Council has been authorized to borrow the sum of one thousand eight hundred and fifty pounds for metalling a portion of the Waiorongomai–Maungakawa Road :

And whereas the Minister of Finance has given his precedent consent as required by the above-recited section one hundred and fourteen, and it is desired that the term for which the money may be borrowed be twenty years, and the rate of interest payable thereon be not exceeding six per centum per annum :

Now, therefore, His Excellency the Governor-General of the Dominion of New Zealand, in pursuance and exercise of the power and authority vested in him as aforesaid, and acting by and with the advice and consent of the Executive Council of the said Dominion, doth hereby prescribe that the term for which the Piako County Council may borrow the said sum of one thousand eight hundred and fifty pounds shall be twenty years, and the rate of interest that may be paid thereon shall be a rate not exceeding six per centum per annum, and the said Piako County Council is hereby authorized to borrow the said sum of one thousand eight hundred and fifty pounds accordingly.

C. A. JEFFERY,
Acting Clerk of the Executive Council.

Consenting to the Raising of Loans by certain Local Authorities.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 13th day of December, 1926.

Present :

THE HONOURABLE W. DOWNIE STEWART PRESIDING IN COUNCIL.

WHEREAS application has been made under section twenty, subsection one, of the Finance Act, 1919, for the precedent consent of the Governor-General in Council to enable the several local authorities mentioned in the Schedule hereto to borrow the sums set out therein, and it is expedient that such consent should issue :

Now, therefore, His Excellency the Governor-General of the Dominion of New Zealand, acting by and with the advice and consent of the Executive Council of the said Dominion, doth hereby consent to the raising of the loans hereinafter mentioned by the several local authorities set out in the Schedule hereto, and it is hereby declared that this Order in Council is made under the provisions in that behalf of the Finance Act, 1919, and shall operate accordingly as a consent of the Governor-General in Council to the raising of the said loans.

SCHEDULE.

£

Auckland Harbour Board, for harbour-works .. 100,000
Dunedin Drainage and Sewerage Board, for drainage works .. 100,000
Bay of Plenty Hospital Board, for the erection of a maternity annexe to the hospital buildings .. 3,000
Devonport Borough Council, for providing relief for unemployed .. 2,000
Devonport Borough Council, for providing relief for unemployed .. 900
Eastbourne Borough Council, for establishing a motor-omnibus service .. 8,000
Invercargill Borough Council, for redeeming a maturing loan .. 5,500
Piako County Council, for metalling a portion of the Waiorongomai–Maungakawa Road .. 1,850
Piako County Council, for metalling portions of Cussins Road, Whakahongi Road, and Waiorongomai–Maungakawa Road .. 3,200
Piako County Council, for metalling a portion of Allen’s Road .. 900
Taranaki Electric-power Board, for electric works.. 10,000
Wanganui City Council, for completing the water-supply .. 10,000
Waipukurau Borough Council, for providing a high-pressure water-supply and extension of water-mains .. 19,000
Waimate Borough Council, for redeeming a maturing loan .. 7,000

C. A. JEFFERY,
Acting Clerk of the Executive Council.

Validating Proceedings in connection with proposed Loan of £2,400 by Wairarapa South County Council for Roadmen’s Cottages Purposes.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 13th day of December, 1926.

Present :

THE HONOURABLE W. DOWNIE STEWART PRESIDING IN COUNCIL.

WHEREAS the Wairarapa South County Council lately proceeded to raise a loan of two thousand four hundred pounds under the provisions of the Local Bodies’ Loans Act, 1913 (hereinafter referred to as “the said Act”) for the purpose of acquiring land and erecting three roadmen’s cottages at Ahiaruhe, Admiral, and Te Wharau, in the Maungaraki Riding of the Wairarapa South County :

And whereas the proceedings in connection with the said loan were irregular in that—

(a.) The poll of ratepayers was not taken not less than one week after the day of the last publication of the notice of intention to raise the loan, as required by subsection two of section ten of the said Act :

(b.) In the voting-paper used at the said poll the said Act was not correctly cited by its short title as prescribed by Form (1) in the First Schedule to the said Act, and in that voting-paper and in the notice of intention to raise the loan, the Counties Act, 1920, and the Local Bodies’ Finance Act, 1921–22, were unnecessarily cited :

And whereas it appears that the ratepayers of the district have not been misled by such irregularities as aforesaid, and it is expedient to validate the same :

And whereas by section one hundred and twenty-six of the Local Bodies’ Loans Act, 1926, the said Act is repealed, and it is enacted that all matters and proceedings commenced under the said Act and pending or in progress on the commencement of the reciting Act may be continued, and enforced under the reciting Act :

Now, therefore, His Excellency the Governor-General of the Dominion of New Zealand, in pursuance and exercise of the powers conferred on him by section one hundred and