✨ Loan Conversion Details
1272
THE NEW ZEALAND GAZETTE.
[No. 31
SECURITIES HELD BY TRUSTEES.
- The provisions of sections twenty-two, twenty-three, and twenty-four of the New Zealand Debt Conversion Act, 1932–33 (relating to the adjustment of premiums as between capital and income and to the powers of trustees and other persons in relation thereto), shall apply with respect to existing securities converted into new securities in accordance with this Order in the same way as they apply with respect to securities converted under that Act, save that the references in the said section twenty-two to the first day of April, one thousand nine hundred and thirty-three, shall be construed as references to the day following the date of conversion.
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. | |
| Streets Improvement Loan £225,000, 1911 (issue of £100,000, 1915) | 100,000 0 0 | 4½ | 4½ |
| Workers’ Homes Loan .. .. .. | 3,000 0 0 | 5 | 4½ |
| The City of Auckland Consolidated Loan, 1914, of £137,000 (part) | 50,000 0 0 | 4½ | 4½ |
| The City of Auckland Consolidated Loan, 1914, of £137,000 (part) | 37,000 0 0 | 5 | 4½ |
| Consolidated Loan, 1914, of £137,000 (part) | 5,000 0 0 | 5 | 4½ |
| Consolidated Loan, 1914, of £137,000 (part) | 45,000 0 0 | 5½ | 4½ |
| Beach Road and Jermyn Street Improvement Loan of £50,000 | 25,000 0 0 | 5 | 4½ |
| Grey Lynn Water-supply Extension Loan of £10,000 (part) | 3,000 0 0 | 5 | 4½ |
| Grey Lynn Water-supply Extension Loan of £10,000 (part) | 7,000 0 0 | 5½ | 4½ |
| Market Loan of £55,000, 1915 .. .. | 55,000 0 0 | 5½ | 4½ |
| Remuera Area Drainage Loan of £30,000 (part) | 13,000 0 0 | 5½ | 4½ |
| Remuera Area Drainage Loan of £30,000 (part) | 17,000 0 0 | 5½ | 4½ |
| Fish-market Loan of £20,000 (part) .. | 12,000 0 0 | 5 | 4½ |
| Fish-market Loan of £20,000 (part) .. | 8,000 0 0 | 5½ | 4½ |
| Borough of Newton £2,500 Loan, 1888 .. | 200 0 0 | 6 | 4½ |
| Streets Improvement Additional Loan, 1918, of £22,500 | 22,500 0 0 | 5½ | 4½ |
| Avondale Borough Council Construction of Main Highway (Great North Road) Special Loan of £7,500 | 150 0 0 | 6 | 4½ |
| Grey Lynn Street Improvement and Drainage Loan of £90,000 | 25,000 0 0 | 5½ | 4½ |
| The Auckland City Borrowing Act, 1899, and Finance Act, 1921, £100,000 Loan (B issue) | 34,000 0 0 | 6 | 4½ |
| Crematorium Loan, £4,000 .. .. | 100 0 0 | 5½ | 4½ |
| The Auckland City Borrowing Act, 1899, and Finance Act, 1921, £100,000 Loan (C issue) | 8,000 0 0 | 5½ | 4½ |
| The Auckland City Borrowing Act, 1899, and Finance Act, 1921, £100,000 Loan (D issue) | 9,600 0 0 | 5½ | 4½ |
| Zoological Garden Loan of £10,000 (part).. | 8,500 0 0 | 5½ | 4½ |
| Refuse Destructor Additional Loan of £7,500 (part) | 500 0 0 | 5½ | 4½ |
| Abattoir Additional Loan of £20,000, 1923 (part) | 13,500 0 0 | 5½ | 4½ |
| Auckland City Council Loan of £23,000, 1923, portion of a Consolidated Loan of £500,000 (part) | 22,000 0 0 | 5½ | 4½ |
| Antecedent Liability Loan of £89,500 (part) | 6,500 0 0 | 5½ | 4½ |
| Auckland City Council’s Loan of £17,000, 1923 (portion of a Consolidated Loan of £500,000) | 17,000 0 0 | 5½ | 4½ |
| Avondale Borough Council Motor-truck and Roadmaking-plant Special Loan of £1,500 | 1,500 0 0 | 6 | 4½ |
| Borough of Grey Lynn Supplementary Loan of £1,250 to the Roads and Streets Improvement Loan of £12,500 | 1,250 0 0 | 5 | 4½ |
| Borough of Grey Lynn Supplementary Loan of £3,250 to the Surrey Hills Estate and other Roads and Improvements Loan of £32,500 | 3,250 0 0 | 5 | 4½ |
| Borough of Grey Lynn Loan of £8,000 .. | 8,000 0 0 | 5 | 4½ |
| Borough of Grey Lynn Special Loan of £10,000 for extinction of bank overdraft | 10,000 0 0 | 5 | 4½ |
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VUW Te Waharoa —
NZ Gazette 1934, No 31
NZLII —
NZ Gazette 1934, No 31
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Auckland City Loans Conversion Order, 1934
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💰 Finance & RevenueLoans, Conversion, Local Authority, Auckland City Council, Order in Council, Sinking Fund, Special Rate