APRIL 5.]\n\nTHE NEW ZEALAND GAZETTE. 929\n\nSECURITIES HELD BY TRUSTEES.\n\n26. The provisions of sections twenty-two, twenty-three, and twenty-four of the\nNew Zealand Debt Conversion Act, 1932–33 (relating to the adjustment of premiums as\nbetween capital and income and to the powers of trustees and other persons in relation\nthereto) shall apply with respect to existing securities converted into new securities in\naccordance with this Order in the same way as they apply with respect to securities\nconverted under that Act, save that the references in the said section twenty-two to the\nfirst day of April, one thousand nine hundred and thirty-three, shall be construed as\nreferences to the day following the date of conversion.\n\nBROKERAGE.\n\n27. The local authority shall not, in respect of the conversion into new securities\nof any existing securities to which this Order applies, enter into any contract for the\npayment of brokerage at a rate exceeding one-quarter per centum of the amount of such\nexisting securities.\n\nFIRST SCHEDULE.\n\nLOANS TO BE CONVERTED.\n\n| Name. | Amount. | Rate of Interest. | Date of Maturity. |\n|---|---|---|---|\n| | £ | Original. Per Cent. | Existing. Per Cent. |\n| Cemetery Loan, 1925 | 6,500 | 6 | 4½ | 1st March, 1945. |\n| Cemetery Supplementary Loan | 650 | 6 | 4½ | 1st March, 1945. |\n| of £650 (1926) | | | | |\n| Relief of Unemployment Loan | 2,000 | 5¾ | 4⅜ | 1st November, 1940. |\n| (1930) | | | | |\n| Relief of Unemployment Loan | 3,000 | 5 | 4¼ | 1st November, 1941. |\n| (1931) | | | | |\n| Public Works (Relief of Unem- | 3,000 | 6 | 4⅖ | 1st September, 1946. |\n| ployment) Loan of 1926 | | | | |\n| Relief of Unemployment Loan | 3,000 | 6 | 4⁴⁄₅ | 1st August, 1952. |\n| of £3,000 (1927) | | | | |\n| Sewerage Loan No. 1 of £9,000, | 9,000 | 5½ | 4²⁄₅ | 1st June, 1948. |\n| 1928 | | | | |\n| Sewerage Loan No. 2, 1929, | 7,000 | 5³⁄₅ | 4⁸⁄₂₅ | 1st June, 1948. |\n| £7,000 | | | | |\n| Library Loan, £11,000 (1928). | 11,000 | 5½ | 4²⁄₅ | 1st August, 1948. |\n| Waterworks Loan, 1929 (No. 2), | 13,000 | 5³⁄₈ | 4³⁄₁₀ | 1st December, 1949. |\n| of £14,000 (part) | | | | |\n| Waterworks Loan, 1929 (No. 2), | 1,000 | 5½ | 4¼ | 1st December, 1949. |\n| of £14,000 (part) | | | | |\n| Water and Sewerage Loan, 1916 | 24,000 | 5½ | 4¼ | 30th October, 1952. |\n| Supplementary Water and | 2,400 | 5½ | 4¼ | 30th October, 1952. |\n| Sewerage Loan, 1917 | | | | |\n| Lavatories Loan, 1916 | 3,000 | 5½ | 4¼ | 18th November, 1952. |\n| Swimming-bath Loan, 1916 | 4,400 | 5½ | 4¼ | 1st December, 1952. |\n| Sewerage Repayment Loan, 1916 | 18,000 | 5½ | 4¼ | 1st January, 1953. |\n| Abattoir Loan of £12,500 | 12,500 | 5½ | 4¼ | 1st February, 1953. |\n| Abattoir Loan, 1920 | 5,000 | 5½ | 4¼ | 1st February, 1957. |\n| Repayment Loan, 1917 | 10,200 | 5½ | 4¼ | 1st February, 1954. |\n| Repayment Loan, 1917 | 31,350 | 5½ | 4¼ | 1st April, 1954. |\n| North Street Park Reserve | 3,000 | 5½ | 4¼ | 1st September, 1955. |\n| Loan, 1919 | | | | |\n| North Street Park Reserve | 300 | 5½ | 4¼ | 1st September, 1955. |\n| Loan, 1919, Supplementary | | | | |\n| Housing Loan, 1925 | 10,000 | 6 | 4⅘ | 1st October, 1955. |\n| Water and Sewerage Loan, | 13,500 | 5½ | 4¼ | 1st December, 1956. |\n| 1920, part of £25,500 | | | | |\n| Special Loan, 1920 | 19,475 | 5½ | 4¼ | 1st February, 1957. |\n| Roading Loan (1924) of £10,000 | 10,000 | 6 | 4⅘ | 1st September, 1934. |\n| Roading and Stormwater Drain- | 15,000 | 6 | 4⅘ | 1st November, 1943. |\n| age Loan (1923) of £15,000 | | | | |\n| (part of £70,000) | | | | |\n| Roading and Stormwater Drain- | 10,000 | 6 | 4⅘ | 1st February, 1944. |\n| age Loan, 1924, of £10,000 | | | | |\n| (part of £70,000) | | | | |\n| Roading and Stormwater Drain- | 17,000 | 6 | 4⅘ | 1st September, 1945. |\n| age Loan, 1925 (part of | | | | |\n| £70,000) | | | | |\n| Roading and Stormwater Drain- | 7,000 | 6 | 4⅘ | 1st March, 1946. |\n| age Supplementary Loan | | | | |\n| of £7,000, 1926 | | | | |\n| Municipal Buildings Repayment | 5,000 | 5½ | 4²⁄₅ | 1st April, 1940. |\n| Loan, 1930 | | | | |\n| Manawatu Gorge Improvement | 2,088 | 5³⁄₄ | 4³⁄₅ | 1st November, 1935. |\n| Loan (1925) | | | | |\n| Hokowhitu Sewerage Loan of | 6,000 | 6 | 4⅘ | 1st February, 1944. |\n| £6,000 (1924), part of £25,500 | | | | |\n