Loan Conversion Details




336
THE NEW ZEALAND GAZETTE.
[No. 10

BROKERAGE.

  1. The local authority shall not, in respect of the conversion into new securities of any existing securities to which this Order applies, enter into any contract for the payment of brokerage at a rate exceeding one-quarter per centum of the amount of such existing securities.

FIRST SCHEDULE.
LOANS TO BE CONVERTED.

Name. Amount. Rate of Interest. Date of Maturity.
Original. Existing.
£ s. d. Per Cent. Per Cent.
The Napier Waterworks, Reclamation, Drainage, and Sewerage Consolidation Loan 1879 Repayment Loan, 1914, of £47,851 47,851 0 0 5
The Napier Municipal Corporation Loans 1892 and 1904 Repayment Loan, 1914, of £45,000 (part) 38,000 0 0 5
The Napier Municipal Corporation Loans 1892 and 1904 Repayment Loan, 1914, of £45,000 (part) 7,000 0 0 5
The Napier Municipal Corporation Special Loan, 1912, of £134,250 134,250 0 0
The Napier Municipal Corporation Electric Lighting, Power, and Tramways Loan, 1912, of £15,000 15,000 0 0
The Napier Municipal Corporation Electric Lighting, Power, and Tramways Supplementary Loan, 1912, of £10,000 10,000 0 0 5
The Napier Borough Drainage and Municipal Building Completion Loan, 1912, of £17,000 17,000 0 0 5
Napier Municipal Building Supplementary Loan, 1912, of £2,500 2,500 0 0 5
The Napier Borough Overdraft 1910 Repayment Loan of £15,083 15s. 9d. 15,083 15 9 5
The Napier Municipal Corporation Supplementary Electric Lighting, Power, and Tramways, and Public Conveniences Loan, 1913, of £16,000 16,000 0 0 5
The Napier (Parke Island) Cemetery Loan, 1916, of £2,000 2,000 0 0
The Napier Tramways Loan, 1917, of £40,000 40,000 0 0
The Napier Electric Lighting, Fire Brigade, and Overdraft Repayment Loan, 1918, of £27,500 27,500 0 0
The Napier Municipal Corporation Special Loan, 1912 2,500 0 0
Dickens Street (Napier) Widening Loan 2,000 0 0
Borough of Napier Public Baths Loan of £6,600 6,600 0 0
Napier Power Plant Extension Loan 1921 Redemption Loan £21,275, 1931 20,686 3 4*
Napier Borough Council Earthquake Damage Repair Loan, 1933, £30,000 30,000 0 0*
The Napier Sewerage Pumps and Water-supply Loan, 1924 8,000 0 0
The Napier Mothers’ Rest Loan of £2,150, 1924 2,150 0 0
Drainage, Street-construction, Corporation Yard, Waterworks, and Pumping Plant Loan of £100,000, 1924 85,850 0 0
Electric Works Loan of £42,000, 1924 (part) 37,400 0 0
Electric Works Loan of £42,000, 1924 (part) 4,600 0 0
Abattoir and Baths Machinery Loan, 1924, £3,800 1,500 0 0
Streets Bitumen-paving Loan, 1930, £13,300 13,300 0 0
Thackeray Street Extension and Outfall Loan 7,540 0 0
Land-purchase and Reclamation Loan 8,400 0 0
McLean Park Grandstand Loan 5,320 0 0
Napier Reconstruction of Hastings Street Loan, 1927 5,240 0 0
Relief of Unemployment Loan, 1927 4,225 0 0
Relief of Unemployment Loan, 1928 1,533 0 0
Relief of Unemployment Loan, 1928 (No. 2) 2,650 0 0
Relief of Unemployment Loan, 1929 2,660 0 0
Street Corners Improvement Loan, 1929 7,000 0 0
Napier South Extension, Road-construction, Sewerage, and Waterworks Loan, 1928 6,000 0 0
  • Less any amounts of principal redeemed up to the date of conversion.


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💰 Napier Borough Loans Conversion Order, 1934 (continued from previous page)

💰 Finance & Revenue
Loans, Conversion, Local Authority, Napier Borough Council, Order in Council, Debentures, Securities, Interest Rates, Sinking Fund, Special Rate