Feb. 12.] THE NEW ZEALAND GAZETTE. 273

Consenting to stopping Portions of Roads in Blocks II and VIII, Awitu Survey District, Block I, Onewhero Survey District, and Block XIII, Drury Survey District, Franklin County.

BLEDISLOE, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 30th day of January, 1931.

Present:

THE RIGHT HON. G. W. FORBES, PRESIDING IN COUNCIL.

IN pursuance and exercise of the powers and authorities conferred by the Public Works Act, 1928, and of all other powers in anywise enabling him in this behalf, 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 Franklin County Council stopping the portions of roads described in the Schedule hereto.

SCHEDULE.

In the North Auckland Land District; as the same are more particularly delineated on the plans marked and coloured as above mentioned, and deposited in the office of the Minister of Public Works at Wellington.

(P.W. 34/3100.) C. A. JEFFERY, Acting Clerk of the Executive Council.

Order in Council authorizing Borrowing by the Clutha River Board by the Hypothecation or Mortgage of Debentures.

BLEDISLOE, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 30th day of January, 1931.

Present:

THE RIGHT HON. G. W. FORBES, PRESIDING IN COUNCIL.

WHEREAS the Clutha River Board (hereinafter called “the said local authority”) proposes, pursuant to section four of the Clutha River Board Empowering Act, 1930, to borrow upon the security of hypothecated debentures the sum of eight hundred and nine pounds for the purpose of purchasing a “Dennis” motor-lorry:

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 as aforesaid 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 by the Local Bodies’ Loans Act, 1926, and of all other powers and authorities enabling him in this behalf, doth hereby consent to the borrowing by the Clutha River Board of the sum of eight hundred and nine pounds by the hypothecation or mortgage of debentures issued in respect of the Clutha River Board loan of ten thousand pounds, subject to the following conditions:—

(1) That the term for which the said sum is borrowed shall not exceed seven years.

(2) That the rate of interest payable in respect of the said sum shall not exceed current bank overdraft rates.

(3) That the said sum shall be repaid by instalments of not less than one hundred and twenty pounds per annum.

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

C

Order in Council prescribing the Term and Rate of Interest in respect of a Portion (£1,800) of the Stratford County Council Loan of £22,000.

BLEDISLOE, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 30th day of January, 1931.

Present:

THE RIGHT HON. G. W. FORBES, PRESIDING IN COUNCIL.

WHEREAS the Stratford County Council (hereinafter called “the said local authority”), has been authorized to borrow in respect of a loan to be known as “West Riding Loan, 1919,” the sum of twenty-two thousand pounds, whereof the sum of one thousand eight hundred pounds 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 one thousand eight hundred pounds for a term of fifteen years, 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 one thousand eight hundred pounds, or any part thereof, may be raised in respect of the said loan by the said local authority for a term of fifteen years, at such rate or rates of interest as shall not produce to the lenders a rate exceeding the rate of five pounds seventeen shillings and sixpence per centum per annum, and the said local authority is hereby authorized to borrow the said sum accordingly.

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

(T. 49/226.)