May 24.] THE NEW ZEALAND GAZETTE. 1547

WELLINGTON CITY COUNCIL.

NOTICE OF INTENTION TO TAKE LAND.

... the matter of the Municipal Corporations Act, 1933, and the Public Works Act, 1928, and its amendments.

NOTICE is hereby given that the Wellington City Council proposes under the provisions of the above-named Acts and all other Acts and powers enabling it in that behalf to execute a certain work—namely, waterworks at Gear Island, partly in the Borough of Petone and partly in the County of Hutt—and for the purpose of such public work the land described in the Schedule hereto is required to be taken: And notice is hereby further given that a plan of the land so required to be taken is deposited in the Public Office of the Town Clerk to the said Council in the Town Hall, Cuba Street, Wellington, and is there open for inspection without fee by all persons during ordinary office hours, and that all persons affected by the execution of the said public work or the taking of such land should, if they have well-grounded objections to the execution of the said public work or to the taking of the said land, set forth the same in writing and send such writing within forty days from the first publication of this notice to the Wellington City Council, addressed to the Town Clerk at his said office.

SCHEDULE.

All the above pieces of land being portions of Section 10, Hutt Registration District, situate in Block XIII, Belmont Survey District, in the Wellington Land District, and respectively coloured on the above-mentioned plan as herein indicated.

Dated at Wellington, this 15th day of May, 1934.

E. P. NORMAN,
Town Clerk.

155

MARTINBOROUGH BOROUGH COUNCIL.

I HEREBY certify that at a duly convened special meeting held at the Council Chambers, Town Hall, Martinborough, on Saturday, the 28th day of April, 1934, the Martinborough Borough Council duly passed the following resolution:—

“ That the Martinborough Borough Council pursuant to the provisions of the Local Bodies’ Loans Act, 1926, the Local Authorities Interest Reduction and Loans Conversion Act, 1932–33, and the Order in Council under the last-mentioned Act dated the 13th day of March, 1934, known as the Martinborough Borough Loans Conversion Order, 1934 (No. 1), gazetted in the New Zealand Gazette No. 17, on 22nd March, 1934, and in pursuance of all powers and authorities in it vested and with the approval of the Local Government Loans Board, doth resolve by way of special resolution :—

(1) “ That subject to and in accordance with the provisions of the above-mentioned Order in Council the Martinborough Borough Council issue new securities in conversion of the existing securities of the loans set out in the Schedule hereto.

(2) “ That such issue of new securities be known as ‘ The Martinborough Borough Council Conversion Loan (No. 1), 1934.’

(3) “ That the aggregate amount of principal secured by the new securities to be issued in conversion of existing securities to which the said Order applies (including new securities to be issued by way of premium), together with interest thereon computed at the rate of four and one-quarter per centum per annum, shall be repaid by equal half-yearly instalments over a period of twenty years, the first half-yearly instalment to fall due and be paid on the first day of December, one thousand nine hundred and thirty-four, and subsequent half-yearly instalments to fall due and be paid on every first day of June and first day of December thereafter, the last half-yearly instalment to fall due and be paid on the first day of June, one thousand nine hundred and fifty-four.”

New securities for the amount of each half-yearly instalment of principal and interest referred to in the preceding clause shall be issued in the form of debentures in the form numbered (2) in the Second Schedule to the said Order, which debentures shall be payable at the Bank of New Zealand, Martinborough. On presentation of any such debenture for payment through any branch of the Bank of New Zealand in New Zealand other than the branch at Martinborough the exchange thereon shall be paid by the Martinborough Borough Council, and a clause to this effect shall be inserted in each debenture.

All new debentures shall be numbered consecutively, and as between the holders thereof shall rank equally.

Every new debenture shall state on its face the fact that the holder has no claim in respect thereof upon the Government or public revenues of New Zealand.

Every new debenture shall be signed by the Mayor, counter-signed by the Treasurer or some other officer appointed by the Council for the purpose, and sealed with the common seal of the Council.

THE SCHEDULE.

I further certify that the said resolution was duly confirmed after public notification in accordance with section 9 (2) of the Local Authorities Interest Reduction and Loans Conversion Act, 1932–33, at a duly convened ordinary meeting of the said Borough Council held at the Council Chambers, Town Hall, Martinborough, on Monday, the 14th day of May, 1934.

Dated the 14th day of May, 1934.

W. B. MARTIN,
Mayor of the Borough of Martinborough.

158

MARTINBOROUGH BOROUGH COUNCIL.

I HEREBY certify that at a duly convened special meeting held at the Council Chambers, Town Hall, Martinborough, on Saturday, the 28th day of April, 1934, the Martinborough Borough Council duly passed the following resolution:—

“ That the Martinborough Borough Council pursuant to the provisions of the Local Bodies’ Loans Act, 1926, the Local Authorities Interest Reduction and Loans Conversion Act, 1932–33, and the Order in Council under the last-mentioned Act dated the 13th day of March, 1934, known as the Martinborough Borough Loans Conversion Order, 1934 (No. 2), gazetted in the New Zealand Gazette No. 17, on 22nd March, 1934, and in pursuance of all powers and authorities in it vested and with the approval of the Local Government Loans Board, doth resolve by way of special resolution :—

(1) “ That subject to and in accordance with the provisions of the above-mentioned Order in Council the Martinborough Borough Council issue new securities in conversion of the existing securities of the loan set out in the Schedule hereto.

(2) “ That such issue of new securities be known as ‘ The Martinborough Borough Council Conversion Loan (No. 2), 1934.’

(3) “ That the aggregate amount of principal secured by the new securities to be issued in conversion of existing securities to which the said Order applies (including new securities to be issued by way of premium), together with interest thereon computed at the rate of four and one-quarter per centum per annum, shall be repaid by equal half-yearly instalments over a period of six years and a half, the first half-yearly instalment to fall due and be paid on the first day of December, one thousand nine hundred and thirty-four, and subsequent half-yearly instalments to fall due and be paid on every first day of June and first day of December thereafter, the last half-yearly instalment to fall due and be paid on the first day of December, one thousand nine hundred and forty.”

That the new securities for the amount of each half-yearly instalment of principal and interest referred to in the preceding clause shall be issued in the form of debentures in the form numbered (2) in the Second Schedule to the said Order which debentures shall be payable at the Bank of New Zealand, Martinborough. On presentation of any such debenture for payment through any branch of the Bank of New Zealand in New Zealand other than the branch at Martinborough the exchange thereon shall be paid by the Martinborough Borough Council, and a clause to this effect shall be inserted in each debenture.