426
THE NEW ZEALAND GAZETTE.
[No. 11

all persons concerned or interested that this Order in Council,
and the license, rights, and privileges thereby conferred, have
been revoked and determined.

12. In the event of this Order in Council being revoked for
    any reason whatsoever, or upon the expiry of the period for
    which the license is granted, the licensee shall, if required so
    to do, remove the said store entirely from the site, and restore
    the site to its original condition within three months from the
    date of the revocation or expiry, as the case may be ; and if the
    licensee fails so to do, the Minister may cause the said store to
    be removed and the site so restored, and may recover from the
    licensee the costs incurred by the said removal and restoration.

F. D. THOMSON,
Clerk of the Executive Council.

Order in Council authorizing the Raising in New Zealand of
Portion (£8,600) of the Dunedin City Council’s Loan of
£356,000.

BLEDISLOE, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 12th day of
February, 1934.

Present:

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

WHEREAS by Order in Council made on the twenty-
first day of July, one thousand nine hundred and
thirty-three, and subject to the determinations as to borrowing
and repayment therein set out, consent was given to the raising
in London by the Dunedin City Council (hereinafter called “ the
said local authority ”) of the sum of three hundred and fifty-six
thousand pounds (£356,000) by a loan to be known as
“ Renewal Loan, 1934,” of which the sum of eight thousand
six hundred pounds (£8,600) (hereinafter called “ the said
sum ”) has not yet been raised :

And whereas it is expedient that the said local authority
be authorized to raise the said sum in New Zealand instead
of in London :

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 section eleven of the Local Government
Loans Board Act, 1926, as set out in section twenty-nine
of the Finance Act, 1932 (No. 2), and of all other powers
and authorities enabling him in this behalf, doth hereby
prescribe that the said local authority may raise the said
sum of £8,600 in New Zealand.

F. D. THOMSON,
Clerk of the Executive Council.

(T. 49/254/24.)

Order in Council consenting to the Raising of a Loan of £500
by the Otorohanga Town Board and prescribing the Conditions
thereof.

BLEDISLOE, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 12th day of
February, 1934.

Present:

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

WHEREAS the Otorohanga Town Board (hereinafter
called “ the said local authority ”), being desirous of
raising the sum of five hundred pounds (£500) by a loan to
be known as “ Town Hall Redemption Loan, 1934 ” (here-
inafter called “ the said loan ”), for the purpose of redeeming
the outstanding liability in respect of a loan of seven hundred
and fifty pounds (£750) which matured on the fifteenth day
of February, one thousand nine hundred and thirty-three,
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 as required by the said Act should be
given to the raising of the said loan :

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 section eleven of the said Act, as set
out in section twenty-nine of the Finance Act, 1932 (No. 2),
and by section thirty-two 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 five

hundred pounds (£500), and in giving such consent doth hereby
determine as follows :—

1. The term for which the said loan or any part thereof
   may be raised shall not exceed ten (10) years.

2. The rate of interest that may be paid in respect of the
   said loan or any part thereof shall be such as shall not produce
   to the lender or lenders a rate exceeding four pounds five
   shillings (£4 5s.) per centum per annum.

3. The said loan or any part thereof together with interest
   thereon shall be repaid by equal aggregate annual or half-
   yearly instalments extending over the term as determined
   in (1) above.

4. No such instalment shall be paid out of loan-moneys.

5. The rate payable for brokerage, underwriting, and
   procuration fees in respect of the raising of the said loan or
   any part thereof shall not in the aggregate exceed one-half
   per centum of any amount raised.

6. The payment of interest and repayment of principal in
   respect of the said loan shall be made in New Zealand.

F. D. THOMSON,
Clerk of the Executive Council.

(T. 49/433/1.)

Order in Council consenting to the Raising of a Loan of £3,750
by the Kowai County Council and prescribing the Conditions
thereof.

BLEDISLOE, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 12th day of
February, 1934.

Present:

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

WHEREAS the Kowai County Council (hereinafter
called “ the said local authority ”) proposes, pursuant
to the provisions of section three of the Main Highways
Amendment Act, 1928, to borrow the sum of three thousand
seven hundred and fifty pounds (£3,750) by a loan to be known
as “ Main Highways Loan, 1934 ” (hereinafter called “ the
said loan ”), for the purpose of paying its proportion of the
cost of reconstruction and surfacing work on the Kowai
County section of the Picton–Bluff Main Highway :

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 section eleven of the Local Government
Loans Board Act, 1926, as set out in section twenty-nine of the
Finance Act, 1932 (No. 2), and of all other powers and autho-
rities 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 thousand seven hundred and fifty pounds
(£3,750), and in giving such consent doth hereby determine
as follows :—

1. The term for which the said loan or any part thereof
   may be raised shall not exceed seven (7) years..

2. The rate of interest that may be paid in respect of
   the said loan or any part thereof shall be such as shall not
   produce to the lender or lenders a rate exceeding four pounds
   five shillings (£4 5s.) per centum per annum.

3. The said loan, together with interest thereon, shall be
   repaid by equal annual or half-yearly instalments extending
   over the term as determined in (1) above.

F. D. THOMSON,
Clerk of the Executive Council.

(T. 49/43.)

Order in Council consenting to the Raising of a Loan of £5,000
by the Masterton Trust Lands Trustees and prescribing the
Conditions thereof.

BLEDISLOE, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 12th day of
February, 1934.

Present:

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

WHEREAS the Masterton Trust Lands Trustees (herein-
after called “ the said local authority ”) being desirous
of raising the sum of five thousand pounds (£5,000) by a loan
to be known as “ Building Loan, 1933 ” (hereinafter called
“ the said loan ”), for the purpose of erecting dwellinghouses
on vacant Trust lands, has complied with the provisions of the
Local Government Loans Board Act, 1926 (hereinafter called