3256
THE NEW ZEALAND GAZETTE.
[No. 74

Schedule, at a rate of interest being such as shall not produce to the lender a rate exceeding the respective rates specified in the Sixth Column of the said Schedule, and the respective local authorities are hereby authorized to borrow the respective sums accordingly.

SCHEDULE.

(T. 40/416/6.)
A. W. MULLIGAN, Acting Clerk of the Executive Council.

Order in Council consenting to the Borrowing of the Sum of £3,172 by the Auckland Fire Board.

BLEDISLOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 29th day of October, 1930.

Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS the Auckland Fire Board (hereinafter called “the said local authority”) is desirous of borrowing by way of bank overdraft the sum of three thousand one hundred and seventy-two pounds by a loan to be known as “Avondale Station Renewal Loan, 1930,” for the purpose of renewing portion of the Avondale 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 precedent consent of the Governor-General in Council under the said Act should be given to the borrowing of the said sum 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 borrowing by the said local authority of the said sum by way of bank overdraft up to the amount of three thousand one hundred and seventy-two pounds for a term of one year, 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 said local authority shall repay the said sum on or before the seventh day of November, one thousand nine hundred and thirty-one, from the proceeds of a conversion loan to be raised for that purpose.

A. W. MULLIGAN,
Acting Clerk of the Executive Council.

(T, 49/324/2.)

Order in Council consenting to the Raising of a Loan of £300 by the Milton Borough Council.

BLEDISLOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 29th day of October, 1930.

Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS the Milton Borough Council (hereinafter called “the said local authority”) is desirous of raising the sum of three hundred pounds by a loan to be known as “Drainage (Relief of Unemployment) Loan, 1930,” for the purpose of providing for the relief of unemployment by carrying out drainage works in the borough:
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 precedent consent of the Governor-General in Council under the said Act 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 sum of three hundred pounds at a rate or rates of interest being such as shall not produce to the lenders a rate exceeding the rate of five pounds fifteen shillings per centum per annum:
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 for a term of six 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 per centum per annum, subject to the condition that the said sum shall be repaid by equal instalments of not less than fifty pounds per annum, the first such payment to be made not later than one year 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-moneys.

A. W. MULLIGAN,
Acting Clerk of the Executive Council.

(T. 49/90/3.)

Order in Council consenting to the Borrowing of the Sum of £5,350, by the Auckland Fire Board.

BLEDISLOE, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 29th day of October, 1930.

Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS the Auckland Fire Board (hereinafter called “the said local authority”) is desirous of borrowing by way of bank overdraft the sum of five thousand three hundred and fifty pounds by a loan to be known as “Remuera Fire-station Extension Renewal Loan, 1930,” for the purpose of renewing portion of the Remuera Station Loan, 1929:
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 precedent consent of the Governor-General in Council under the said Act should be given to the borrowing of the said sum 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 borrowing by the said local authority of the said sum by way of bank overdraft up to the amount of five thousand three hundred and fifty pounds for a term of one year, 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 said local authority shall repay the said sum on or before the fourteenth day of October, one thousand nine hundred and thirty-one, from the proceeds of a conversion loan to be raised for that purpose.

A. W. MULLIGAN,
Acting Clerk of the Executive Council.

(T. 49/324.)