2240
THE NEW ZEALAND GAZETTE.
[No. 57

sum or any part thereof, make provision for the repayment
thereof by establishing a sinking fund under the Local Bodies’
Loans Act, 1926, 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 ten shillings
(£1 10s.) 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, and subject
to the further condition that no portion of sinking fund shall
be paid out of loan-money.

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

Order in Council consenting to the Raising of a Loan by the
Motunau Rabbit Board of Trustees, 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 Motunau Rabbit Board of Trustees
(hereinafter called “the said local authority”) is
desirous of raising the sum of three hundred pounds (£300)
for the purpose of completing the erection of rabbit-proof
fences, for which a loan of three thousand pounds (£3,000)
was authorized in one thousand nine hundred and twenty-
seven, by a loan to be known as “Erection Rabbit-proof
Fencing 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 three hundred pounds
(£300) for a term of fifteen (15) 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 repay the
said sum by instalments of one hundred pounds (£100) during
or at the end of each five-yearly period from the date of the
raising of the loan, and subject to the further condition that
no portion of interest shall be paid out of loan-money.

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

Order in Council consenting to the Raising of a Loan by the
Buller Hospital Board.

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 Buller Hospital Board (hereinafter called
“the said local authority”), is desirous of raising by
way of bank overdraft the sum of eight hundred pounds
(£800), for the purpose of purchasing Nurse Regan’s Maternity
Home and equipment by a loan to be known as ”Maternity
Home Purchase 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 ;

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 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 by way of bank overdraft up to the amount of eight
hundred pounds (£800) for a term of four (4) years, at such
rate or rates of interest as shall not produce to the lender a
rate exceeding current bank overdraft rates, subject to the
condition that the local authority shall repay the said sum
by annual instalments of principal of amounts not less than
two hundred pounds (£200).

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

Order in Council consenting to the Raising of a Loan by the
Auckland Fire Board.

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 Auckland Fire Board (hereinafter called
“the said local authority”) is desirous of raising by
way of bank overdraft the sum of two hundred and ninety-
five pounds (£295), for the purpose of purchasing land for the
erecton of fire-brigade station by a loan to be known as
“Avondale Fire Station 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 herein-
after set forth:

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 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 by way of bank overdraft up to the amount of two
hundred and ninety-five pounds (£295) for a term of two (2)
years, at such rate or rates of interest as shall not produce
to the lender a rate exceeding current bank overdraft rates,
subject to the condition that the local authority shall repay
the said sum out of revenue or out of the proceeds of the
conversion loan to be raised for that purpose.

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

Order in Council consenting to the Raising of a Loan by the
Otorohanga County Council 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 Otorohanga County Council (hereinafter
called “the said local authority”) is desirous of
raising the sum of six hundred pounds (£600) for the purpose
of widening and metalling the Waipa River Road, by a loan
to be known as “Waipa River Road Loan, 1927”:

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 herein-
after 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