MAR. 1.]

THE NEW ZEALAND GAZETTE.

537

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 Petone Borough Council has been
authorized to borrow the sum of one thousand and fifty-five
pounds for the purpose of providing the Council's proportion
of the cost of erecting a bridge over the Hutt River:

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 that the rate of
interest that may be paid by the Petone Borough Council
in respect of the said sum of one thousand and fifty-five
pounds shall be a rate not exceeding six per centum per
annum, and the said Petone Borough Council is hereby
authorized to borrow the said sum of one thousand and fifty-
five pounds accordingly.

F. D. THOMSON,
Clerk of the Executive Council.

Prescribing the Rate of Interest that may be paid by the Hawke's
Bay Rivers Board in respect of a Loan of £2,600, authorized
to be raised for the Purpose of carrying out River Works.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 24th day
of February, 1928.

Present:

THE RIGHT HONOURABLE J. G. COATES, P.C., 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 in-
terest 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 Hawke's Bay Rivers Board has been
authorized to borrow the sum of two thousand six hundred
pounds for the purpose of carrying out river works:

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 that the
rate of interest that may be paid by the Hawke's Bay Rivers
Board in respect of the said sum of two thousand six hundred
pounds shall be a rate not exceeding six per centum per annum,
and the said Hawke's Bay Rivers Board is hereby authorized
to borrow the said sum of two thousand six hundred pounds
accordingly.

F. D. THOMSON,
Clerk of the Executive Council.

Prescribing the Rate of Interest that may be paid by the Franklin
Electric-power Board in respect of a Loan of £22,320,
authorized to be raised for Electric Works.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 24th day
of February, 1928.

Present:

THE RIGHT HONOURABLE J. G. COATES, P.C., 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 Franklin Electric-power Board has been
authorized to borrow the sum of twenty-two thousand three
hundred and twenty pounds for electric works:

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 five and three-
quarters 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
rate of interest that may be paid by the Franklin Electric-
power Board in respect of the said sum of twenty-two thousand
three hundred and twenty pounds shall be a rate not exceeding
five and three-quarters per centum per annum, and the said
Franklin Electric-power Board is hereby authorized to borrow
the said sum of twenty-two thousand three hundred and
twenty pounds accordingly.

F. D. THOMSON,
Clerk of the Executive Council.

Prescribing the Rate of Interest that may be paid by the
Wanganui City Council in respect of a Loan of £34,400,
authorized to be raised for the Purpose of paying off certain
Tramway Loans maturing on the 1st day of March, 1928.

CHARLES FERGUSSON, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 24th day
of February, 1928.

Present:

THE RIGHT HONOURABLE J. G. COATES, P.C., 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 speci-
fied 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 Wanganui City Council has been authorized
to borrow the sum of thirty-four thousand four hundred
pounds for the purpose of paying off certain tramway loans
maturing on on the first day of March, one thousand nine
hundred and twenty-eight.

And whereas the Minister of Finance has given his pre-
cedent 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
five and three-quarters 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 rate
of interest that may be paid by the Wanganui City Council
in respect of the said sum of thirty-four thousand four hundred
pounds shall be a rate not exceeding five and three-quarters
per centum per annum, and the said Wanganui City Council
is hereby authorized to borrow the said sum of thirty-four
thousand four hundred pounds accordingly.

F. D. THOMSON,
Clerk of the Executive Council.