New Zealand Gazette – 1933 – No. 78

Page 2826

✨ Loan Conversion Details

2826
THE NEW ZEALAND GAZETTE.
[No. 78

Name.	Amount.	Rate of Interest.		Maturity Date.
		Nominal	Effective.
		Per Cent.	Per Cent.
Street-widening Loan, 1929 (No. 1)	£50,000	5½	4¼	1st Sept., 1939.
Unemployment Relief Loan 1922 Renewal Loan, 1932, £10,550 (raised £10,500)	10,500	5½	4¼	1st Oct., 1939.
Unemployment Loan, 1929 (No. 3)	15,000	5½	4¼	31st Oct., 1939.
Street-widening (Willis Street) Renewal Loan, 1932 (£30,000), (raised £29,400)	29,400	5½	4¼	1st Nov., 1939.
Drainage and Sewerage Loan, 1928 (part £148,700)	40,000	5½	4¼	1st Nov., 1939.
Unemployment Loan, 1929 (No. 4)	21,000	5½	4¼	30th Nov., 1939.
Seatoun, Kilbirnie, and Island Bay Drainage and Sewerage Loan, 1929	38,000	5½	4¼	20th Dec., 1939.
Street-widening Loan, 1929 (No. 2)	80,000	5½	4¼	20th Dec., 1939.
Cemetery Loan Repayment Loan 1907 Renewal Loan, 1932	3,500	5½	4¼	20th Dec., 1939.
Waterworks and Te Aro Reclamation Loan Repayment Loan 1907 Renewal Loan, 1932	8,400	5½	4¼	31st Dec., 1939.
Melrose, Wadestown, and Northland Districts Drainage Loan 1919 Repayment Loan, 1930, £26,250 (raised £26,200)	26,200	5½	4⅔	1st March, 1940.
Kelburn Viaduct Loan, 1929	24,200	5½	4⅔	1st March, 1940.
Milk-supply Loan 1919 Repayment Loan, 1930	45,400	5½	4⅔	1st March, 1940.
Street-widening Loan 1919 Repayment Loan, 1930	24,500	5½	4⅔	1st March, 1940.
New Milk Station Loan, 1930	30,000	5½	4⅔	1st May, 1940.
Unemployment Loan, 1930	30,000	5½	4⅔	1st Aug., 1940.
Street-widening Renewal Loan 1919 Repayment Loan, 1930 (part £70,300 Loan)	26,300	5½	4⅔	1st Dec., 1940.
Electric-power Station Construction and Tramways Improvements Loan, 1920 (part £664,887)	2,900	5½	4⅔	1st Dec., 1940.
Street-paving and Surface-sealing Loan, 1927 (part £201,000)	40,000	5½	4¼	1st March, 1941.
Wainui Waterworks Loan 1880 Repayment Loan, 1929	130,000	5½	4¼	1st Sept., 1944.
Onslow Public Hall Loan	1,650	4½	4¼	1st Jan., 1948.
Street-paving Supplementary Loan, 1927	20,000	5½	4⅔	31st March, 1949.
Miramar Marine Parade Loan, £4,500 (raised £3,900)	3,900	5½	4¼	1st Dec., 1949.
Onslow Waterworks Loan	1,600	4½	4¼	1st Jan., 1950.
Electric-power, Tramways, and City Works Loan 1906 Repayment Loan, 1931	72,200	5½	4⅔	31st Jan., 1951.
(Miramar and Seatoun Heights) Water-supply and Drainage Loan, 1925	26,500	5½	4⅔	31st March, 1951.
City Improvements and Melrose Streets and Tramways Repayment Loan, 1929	94,000	5½	4¼	1st Sept., 1955.
Public Conveniences Loan, 1927, £26,875 (raised £22,500)	22,500	5½	4⅔	1st March, 1964.
Total	£1,453,050

SECOND SCHEDULE.
FORMS.
(1) Notice.
[Name of local authority.]
CONVERSION under the Local Authorities Interest Reduction and Loans Conversion Act, 1932-33, and the Loans Conversion Order, 19 , of debentures issued in respect of the following loans [Particulars of loans].
Notice is hereby given to the holders of debentures or other securities issued by the [Name of local authority] in respect of the above-mentioned loans that it is intended to convert all such debentures (except those in respect of which dissent is duly signified) into new debentures having new maturity dates and bearing interest at 4¼ per cent. per annum.
The conversion will take effect from [Date of conversion].
Application for conversion must be made in writing and be accompanied by the securities to which it relates.
Dissent from the conversion of any existing debentures may be signified by the holder only by notice in writing delivered to [Name or designation and address of at least one person authorized to receive dissents] on or before the day of , 19 .
If notice of dissent from the conversion of any debentures is not received by that date the debentures will be converted.
The rate of interest on any debentures in respect of which dissent is signified as aforesaid will, by virtue of section 18 of the above-mentioned Act, be reduced to two-thirds of the original rate as from the [Date of conversion].
Further particulars as to the new debentures and the conversion generally may be obtained from [Name or designation and address of at least one person authorized to give particulars].
Dated the day of , 19 .
, Town Clerk.

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VUW Te Waharoa — NZ Gazette 1933, No 78

NZLII — NZ Gazette 1933, No 78

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✨ LLM interpretation of page content

💰 Wellington City Loans Conversion Order, 1933 (continued from previous page)

Domain💰 Finance & Revenue
Dated20 November 1933
KeywordsLoan conversion, Wellington City Council, Local Authorities Interest Reduction and Loans Conversion Act, 1932–33

💰 Second Schedule Forms for Loan Conversion Notice

Domain💰 Finance & Revenue
KeywordsLoan conversion, Notice form, Local Authorities Interest Reduction and Loans Conversion Act, 1932–33

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