New Zealand Gazette – 1934 – No. 40

Page 1611

✨ Loan Conversion Details



MAY 31.] THE NEW ZEALAND GAZETTE. 1611

BROKERAGE.

  1. 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.
Special Loan of £8,000 for Drainage 2,300 5 4½ 8th March, 1940.
Drainage Loan of £5,700, 1916 5,700 5½ 4½ 1st March, 1952.
Supplementary Drainage Loan of £570, 1917 570 5½ 4½ 26th March, 1954.
Special 1920 Loan of £100,000 for Roading, &c. (part) 75,000 6 4½ 1st January, 1959.
Special 1920 Loan of £100,000 for Roading, &c. (part) 25,000 5½ 4½ 1st January, 1959.
Special 1920 Loan of £82,000 for Drainage (part) 35,700 6 4½ 1st January, 1959.
Special 1920 Loan of £82,000 for Drainage (part) 15,000 5½ 4½ 1st January, 1959.
Special 1922 Loan of £22,000 for Water-supply Extension (part) 10,000 5½ 4½ 1st July, 1960.
Special 1922 Loan of £22,000 for Water-supply Extension (part) 7,000 6 4½ 1st July, 1960.
Special 1923 Loan of £5,000 for Purchase of Land as a Quarry-site 5,000 6 4½ 1st July, 1960.
Special 1923 Loan of £16,500 for Roading, &c. 16,500 6 4½ 1st July, 1960.
Edendale Road 10 per cent. Additional Loan of £1,650 1,650 6 4½ 1st July, 1960.
Special 1923 Loan of £11,000 for Part Cost of Kingsland Overbridge, &c. 11,000 5½ 4½ 1st September, 1960.
Special 1925 Loan of £8,000 for the provision of Stormwater Drainage 8,000 6 4½ 1st January, 1962.
Special 1925 Loan of £22,000 for the Purpose of the Extension of the Water-supply System 22,000 6 4½ 1st January, 1962.
1926 Roading Loan of £537,500 (part) 146,400 5½ 4½ 1st March, 1963.
1926 Roading Loan of £537,500 (part) 42,000 5½ 4½ 1st March, 1963.
1926 Roading Loan of £537,500 (part) 77,600 5½ 4½ 1st March, 1963.
1926 Roading Loan of £537,500 (part) 50,800 5½ 4½ 1st March, 1963.
1926 Roading Loan of £537,500 (part) 7,500* 5½ 4½ 1st May, 1961.
Special 1926 Loan of £200,000 for Stormwater and Sewer Drainage (part) 12,000 5½ 4½ 1st March, 1963.
Special 1926 Loan of £200,000 for Stormwater and Sewer Drainage (part) 13,700 5½ 4½ 1st March, 1963.
Special 1926 Loan of £200,000 for Stormwater and Sewer Drainage (part) 30,800 5½ 4½ 1st March, 1963.
Special 1926 Loan of £200,000 for Stormwater and Sewer Drainage (part) 4,500* 5½ 4½ 1st May, 1961.
1926 Sanitary Conveniences and Borough Reserves Loan of £4,500 (part) 600 5½ 4½ 1st March, 1963.
Morningside Reserve Loan of £8,500, 1929 (part) 6,300 5½ 4½ 1st September, 1955.
Morningside Reserve Loan of £8,500, 1929 (part) 2,200 5½ 4½ 1st September, 1955.
Gribblehirst Park Loan of £8,500, 1929 (part) 3,600 5½ 4½ 1st September, 1955.
Gribblehirst Park Loan of £8,500, 1929 (part) 4,900 5½ 4½ 1st September, 1955.
Mount Albert Domain Loan of £1,500, 1929 1,500 5½ 4½ 1st September, 1955.
Water-supply Redemption Loan, 1930, of £12,500 12,500 5½ 4½ 9th February, 1950.
Total £657,320

*Less amounts redeemed up to the date of conversion.



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✨ LLM interpretation of page content

💰 Mount Albert Borough Loans Conversion Order, 1934 (No. 2) (continued from previous page)

💰 Finance & Revenue
24 May 1934
Local Authority, Loan Conversion, Order in Council, Debentures, Interest Rates, Sinking Funds, Special Rate, Premium Calculation, Table of Factors