Jan. 18.] THE NEW ZEALAND GAZETTE. 71

FRANKLIN COUNTY COUNCIL.

Extract from the] minutes of proceedings of the Franklin County Council at a meeting of such Council held on the 30th day of October, 1933.

IN pursuance and exercise of the powers vested in it in that behalf by the Local Bodies’ Loans Act, 1926, and of all other powers (if any) it thereunto enabling, the Franklin County Council hereby resolves as follows:—

“That, for the purpose of providing the interest and other charges on a loan of eight hundred and fifty pounds (£850) authorized to be raised by the Franklin County Council under the above-mentioned Act for the purpose of meeting, in terms of section 67 of the Local Legislation Act, 1927, a liability of the late Waikato River Board—namely, the repayment of the debentures of the Koheroa Loan of six hundred and twenty-five pounds (£625), plus accrued interest thereon—imposed on the Franklin County Council by the said Act, the said Franklin County Council hereby makes and levies special rates of one penny and three-eighths of a penny (1⅜d.) in the pound on all land classified ‘A,’ one penny and one thirty-second of a penny (1¹⁄₃₂d.) in the pound on all land classified ‘B,’ and eleven-sixteenths of a penny (¹¹⁄₁₆d.) in the pound on all classified ‘C’ on the rateable value (on the basis of the capital value) of all rateable property in the Koheroa Subdivision Special-rating Area, being part of Mercer Riding of the County of Franklin, and being more particularly described in the Schedule hereto; and that such special rate shall be an annual-recurring rate during the currency of such loan and be payable yearly on the first day of July in each and every year during the currency of such loan, being a period of twenty (20) years or until the loan is fully paid off.”

SCHEDULE.

Koheroa Subdivision Special-rating Area Classification List.

The Common Seal of the Chairman, Councillors, and Inhabitants of the County of Franklin was hereto affixed at the office of and pursuant to a resolution of the Franklin County Council in the presence of—

J. N. MASSEY, Chairman.
ALAN P. DAY, Clerk.

We hereby certify that the above is a true copy of and a correct extract from the minutes of proceedings of the Franklin County Council at the meeting above-mentioned.

J. N. MASSEY, Chairman.
ALAN P. DAY, Clerk.

697

ASHBURTON ELECTRIC-POWER BOARD
CONVERSION LOAN, 1934.

I HEREBY certify that the necessary resolutions to proceed with the conversion of the Ashburton Electric-Power Board’s loans in accordance with the Ashburton Electric-Power Board’s Loans Conversion Order, 1933, were passed at a special meeting of the said Board held on 18th December, 1933, and confirmed at a special meeting held on 9th January, 1934.

E. F. NICOLL, Chairman.

696

ONE TREE HILL BOROUGH COUNCIL.

RESOLUTION MAKING SPECIAL RATE.

IN pursuance and exercise of the powers vested in it in that behalf by Part II of the Local Authorities Interest Reduction and Loans Conversion Act, 1932–33, and the One Tree Hill Borough Loans Conversion Order, 1933 (No. 1), the One Tree Hill Borough Council hereby resolves as follows:—

“That, for the purpose of providing the instalments of principal and interest and other charges on the new securities