JULY 19.] THE NEW ZEALAND GAZETTE. 2239

Incorporated Society approved under the Administration Act,
1908.

CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 16th day of
July, 1928.
Present:
His Excellency The Governor-General in Council.
WHEREAS it is provided by section twenty-two of the
Administration Act, 1908, that the security of any
incorporated company or guarantee society approved by the
Governor-General in Council may be accepted by the Court
as the security required to be given by an administrator or
other person appointed to administer an estate under the
above-mentioned Act:
Now, therefore, His Excellency the Governor-General of
the Dominion of New Zealand, in pursuance and exercise of
the above-recited power and authority, and acting by and
with the advice and consent of the Executive Council of the
said Dominion, doth hereby approve, for the purpose above
mentioned, of the following incorporated society, namely:-
The Insurance Office of Australia, Limited.
F. D. THOMSON,
Clerk of the Executive Council.
Order in Council prescribing the Rates of Interest that may be
paid by the Maniototo County Council in respect of a Loan of
£670.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 16th day of
July, 1928.
Present:
His Excellency The Governor-General in Council.
WHEREAS the Maniototo County Council (hereinafter
called "the said local authority") has been authorized
to borrow, in respect of a loan to be known as
" Ranfurly Drainage Loan, 1928," the sum of six hundred
and seventy pounds (£670), whereof the sum of six hundred
and seventy pounds (£670) has not yet been borrowed:
And whereas the Minister of Finance has given his precedent
consent as required by section one hundred and fourteen of the
Local Bodies' Loans Act, 1926 (hereinafter called
"the said section"), to the borrowing by the said local authority
of the said sum of six hundred and seventy pounds
(£670) at such rate or rates of interest as shall not produce
to the lenders a rate exceeding the rate hereinafter mentioned:
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,
and in pursuance and exercise of the powers and authorities
conferred on him by the said section, and of all other powers
and authorities enabling him in this behalf, doth hereby prescribe
that the said sum of six hundred and seventy pounds
(£670) may be raised in respect of the said loan by the said
local authority at such rate or rates of interest as shall not
produce to the lenders a rate exceeding the rate of five pounds
fifteen shillings (£5 15s.) per centum per annum, and the said
local authority is hereby authorized to borrow the said sum
accordingly.
F. D. THOMSON,
Clerk of the Executive Council.
Order in Council consenting to the Raising of a Loan by the
Wellington College and Girls High School Board of Governors,
and prescribing Term and Rate of Interest.
CHARLES FERGUSSON. Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 16th day of
July, 1928.
Present:
His Excellency The Governor-General in Council.
WHEREAS the Wellington College and Girls High School
Board of Governors (hereinafter called the "said local
authority") is desirous of raising the sum of five thousand
five hundred pounds (£5,500) for the purpose of redeeming
the liability in respect of a mortgage which matured on
the thirty-first day of December, one thousand nine hundred

and twenty-five, by a loan to be known as "Girls Hostel
Redemption Loan, 1928":
And whereas the said local authority has complied with the
provisions of the Local Government Loans Board Act, 1926
(hereinafter called "the said Act"), and it is expedient that
the aforesaid precedent consent should be given to the raising
of the said loan on the terms and conditions hereinafter set
forth:
And whereas the Minister of Finance has given his precedent
consent as required by section one hundred and fourteen of the
Local Bodies' Loans Act, 1926, to the borrowing by the said
local authority of the said loan for the term hereinafter
mentioned, at such rate or rates of interest as shall not produce
to the lenders a rate exceeding the rate hereinafter mentioned:
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,
and in pursuance and exercise of the powers and authorities
conferred on him by the said Act, and by section one hundred
and fourteen of the Local Bodies' Loans Act, 1926, and of all
other powers and authorities enabling him in this behalf, doth
hereby consent to the raising by the said local authority of
the said loan up to the amount of five thousand five hundred
pounds (£5,500) for a term of five (5) years, at such rate or
rates of interest as shall not produce to the lenders a rate
exceeding the rate of six pounds (£6) per centum per annum,
subject to the condition that the said local authority shall,
before borrowing the said sum or any part thereof, make
provision for the repayment thereof by establishing a sinking
fund, and by making to such sinking fund payments at intervals
of not more than one year, at a rate or rates which shall be not
less than the rate of one pound (£1) per centum, such payments
to be made in respect of every part of the said sum for the time
being so borrowed and not repaid, and the first payment to be
made not later than one year after the first day from which
interest to the lender is computed on any moneys so borrowed.
F. D. THOMSON,
Clerk of the Executive Council.
Order in Council consenting to the Raising of a Loan by the
Marlborough Electric-power Board, and prescribing Term and
Rate of Interest.
CHARLES FERGUSSON, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 16th day of
July, 1928.
Present:
His Excellency The Governor-General in Council.
WHEREAS the Marlborough Electric-power Board
(hereinafter called "the said local authority") is desirous of
raising the sum of twenty-seven thousand five hundred pounds
(£27,500) for the purpose of extending electric reticulation works,
for which authority to borrow two hundred and seventy-five thousand
pounds was obtained in one thousand nine hundred and twenty-four,
by a loan to be known as "Marlborough Electric-power Board Supplementary
Loan, 1928":
And whereas the said local authority has complied with the
provisions of the Local Government Loans Board Act, 1926
(hereinafter called "the said Act"), and it is expedient that
the aforesaid precedent consent should be given to the raising
of the said loan on the terms and conditions hereinafter set
forth:
And whereas the Minister of Finance has given his precedent
consent as required by section one hundred and fourteen of the
Local Bodies' Loans Act, 1926, to the borrowing by the said
local authority of the said loan, for the term hereinafter
mentioned, at such rate or rates of interest as shall not produce
to the lenders a rate exceeding the rate hereinafter mentioned:
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,
and in pursuance and exercise of the powers and authorities
conferred on him by the said Act and by section one hundred
and fourteen of the Local Bodies' Loans Act, 1926, and of all
other powers and authorities enabling him in this behalf, doth
hereby consent to the raising by the said local authority of the
said loan up to the amount of twenty-seven thousand five hundred
pounds (£27,500), for a term of thirty (30) years, at such rate
or rates of interest as shall not produce to the lenders a rate
exceeding the rate of five pounds fifteen shillings (£5 15s.) per
centum per annum, subject to the condition that the said local
authority shall, before borrowing the said