✨ Loan Conversion Details
336
THE NEW ZEALAND GAZETTE.
[No. 10
BROKERAGE.
- 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 | 4¼ |
| The Napier Municipal Corporation Loans 1892 and 1904 Repayment Loan, 1914, of £45,000 (part) | 38,000 0 0 | 5 | 4¼ |
| The Napier Municipal Corporation Loans 1892 and 1904 Repayment Loan, 1914, of £45,000 (part) | 7,000 0 0 | 5 | 4¼ |
| The Napier Municipal Corporation Special Loan, 1912, of £134,250 | 134,250 0 0 | 4½ | 4¼ |
| The Napier Municipal Corporation Electric Lighting, Power, and Tramways Loan, 1912, of £15,000 | 15,000 0 0 | 4½ | 4¼ |
| The Napier Municipal Corporation Electric Lighting, Power, and Tramways Supplementary Loan, 1912, of £10,000 | 10,000 0 0 | 5 | 4¼ |
| The Napier Borough Drainage and Municipal Building Completion Loan, 1912, of £17,000 | 17,000 0 0 | 5 | 4¼ |
| Napier Municipal Building Supplementary Loan, 1912, of £2,500 | 2,500 0 0 | 5 | 4¼ |
| The Napier Borough Overdraft 1910 Repayment Loan of £15,083 15s. 9d. | 15,083 15 9 | 5 | 4¼ |
| The Napier Municipal Corporation Supplementary Electric Lighting, Power, and Tramways, and Public Conveniences Loan, 1913, of £16,000 | 16,000 0 0 | 5 | 4¼ |
| The Napier (Parke Island) Cemetery Loan, 1916, of £2,000 | 2,000 0 0 | 5½ | 4¾ |
| The Napier Tramways Loan, 1917, of £40,000 | 40,000 0 0 | 5½ | 4¼ |
| The Napier Electric Lighting, Fire Brigade, and Overdraft Repayment Loan, 1918, of £27,500 | 27,500 0 0 | 5½ | 4¾ |
| The Napier Municipal Corporation Special Loan, 1912 | 2,500 0 0 | 4½ | 4¼ |
| Dickens Street (Napier) Widening Loan | 2,000 0 0 | 4½ | 4¼ |
| Borough of Napier Public Baths Loan of £6,600 | 6,600 0 0 | 4½ | 4¼ |
| Napier Power Plant Extension Loan 1921 Redemption Loan £21,275, 1931 | 20,686 3 4* | 5¾ | 4¾ |
| Napier Borough Council Earthquake Damage Repair Loan, 1933, £30,000 | 30,000 0 0* | 5½ | 4¾ |
| The Napier Sewerage Pumps and Water-supply Loan, 1924 | 8,000 0 0 | 5¾ | 4¾ |
| The Napier Mothers’ Rest Loan of £2,150, 1924 | 2,150 0 0 | 5¾ | 4¾ |
| Drainage, Street-construction, Corporation Yard, Waterworks, and Pumping Plant Loan of £100,000, 1924 | 85,850 0 0 | 5¾ | 4¾ |
| Electric Works Loan of £42,000, 1924 (part) | 37,400 0 0 | 5¾ | 4¾ |
| Electric Works Loan of £42,000, 1924 (part) | 4,600 0 0 | 5½ | 4¾ |
| Abattoir and Baths Machinery Loan, 1924, £3,800 | 1,500 0 0 | 5¾ | 4¾ |
| Streets Bitumen-paving Loan, 1930, £13,300 | 13,300 0 0 | 5¾ | 4¾ |
| Thackeray Street Extension and Outfall Loan | 7,540 0 0 | 5¾ | 4¾ |
| Land-purchase and Reclamation Loan | 8,400 0 0 | 5¾ | 4¾ |
| McLean Park Grandstand Loan | 5,320 0 0 | 5¾ | 4¾ |
| Napier Reconstruction of Hastings Street Loan, 1927 | 5,240 0 0 | 5¾ | 4¾ |
| Relief of Unemployment Loan, 1927 | 4,225 0 0 | 5¾ | 4¾ |
| Relief of Unemployment Loan, 1928 | 1,533 0 0 | 5¾ | 4½ |
| Relief of Unemployment Loan, 1928 (No. 2) | 2,650 0 0 | 5¾ | 4¾ |
| Relief of Unemployment Loan, 1929 | 2,660 0 0 | 5¾ | 4¾ |
| Street Corners Improvement Loan, 1929 | 7,000 0 0 | 5½ | 4¾ |
| Napier South Extension, Road-construction, Sewerage, and Waterworks Loan, 1928 | 6,000 0 0 | 5½ | 4¾ |
- Less any amounts of principal redeemed up to the date of conversion.
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VUW Te Waharoa —
NZ Gazette 1934, No 10
NZLII —
NZ Gazette 1934, No 10
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Napier Borough Loans Conversion Order, 1934
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💰 Finance & RevenueLoans, Conversion, Local Authority, Napier Borough Council, Order in Council, Debentures, Securities, Interest Rates, Sinking Fund, Special Rate