2122
THE NEW ZEALAND GAZETTE.
[No. 53

Fixing Maximum Prices of Superphosphate.

BLEDISLOE, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 11th day of July, 1934.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

IN pursuance and exercise of the power and authority conferred upon him by section twenty-six of the Board of Trade Act, 1919, and of every other power and authority enabling him in this behalf, His Excellency the Governor-General of the Dominion of New Zealand, acting by and with the advice and consent of the Executive Council of the said Dominion, doth hereby, on the recommendation of the Minister of Industries and Commerce, make the following Board of Trade Regulations fixing the maximum prices of superphosphate.

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REGULATIONS.

1. THESE regulations may be cited as the Board of Trade (Superphosphate) Regulations, 1934.

2. These regulations shall come into force on the day after the publication thereof in the Gazette.

3. No person shall sell superphosphate of the grade commercially known as 44/46 per cent. superphosphate for delivery on trucks ex works at a price which if it be sold ex works in the North Island of New Zealand exceeds £4 per ton, or if it be sold ex works in the South Island of New Zealand exceeds £4 5s. per ton.

4. No person shall sell superphosphate manufactured in New Zealand on terms relating to rates of commission, discounts, railage allowances, and credit that are in any particular less favourable to the buyer than the terms relating to the said matters generally in force in the trade in the locality where such sale is effected on the 31st day of March, 1934.

5. Any person selling superphosphate of the grade commercially known as 44/46 per cent. superphosphate for delivery on trucks ex works shall, if so required by the buyer, sell the same on the same terms relating to rates of commission, discounts, railage allowances, and credit as were generally in force in the trade in the locality where such sale is effected on the 31st day of March, 1934.

F. D. THOMSON,
Clerk of the Executive Council.

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Order in Council authorizing the Borrowing by the Waikato Hospital Board by way of Hypothecation of Debentures issued in respect of a Loan of £2,100.

BLEDISLOE, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 9th day of July, 1934.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS by Order in Council made on the ninth day of July, one thousand nine hundred and thirty-four, and subject to the determinations as to borrowing and repayment therein set out, consent was given to the raising by the Waikato Hospital Board (hereinafter called “the said local authority”) of the sum of two thousand one hundred pounds (£2,100) by a special loan to be known as “Boiler Loan, 1934” (hereinafter called “the said loan”):

And whereas the said local authority, pending the raising of the said loan in accordance with the said determinations, is desirous of borrowing the said sum or part thereof by the hypothecation or mortgage, pursuant to section thirty-four of the Local Bodies’ Loans Act, 1926, of the debentures authorized to be issued in respect of the said loan:

Now, therefore, His Excellency the Governor-General of the Dominion of New Zealand, acting by and with the advice and consent of the Executive Council of the said Dominion, and in pursuance and exercise of the powers and authorities conferred on him by section eleven of the Local Government Loans Board Act, 1926, as set out in section twenty-nine of the Finance Act, 1932 (No. 2), and by section seven of the Local Authorities Interest Reduction and Loans Conversion Act, 1932–33, and of all other powers and authorities enabling him in this behalf, doth hereby consent to the said local authority, pending the raising of the said loan in accordance with the said determinations (by which, inter alia, the rate of interest to be inserted in the said debentures is limited to four pounds (£4) per centum), borrowing the said sum of two thousand one hundred pounds (£2,100) or part thereof by the hypothecation or mortgage of the said debentures at a rate of interest not exceeding five pounds (£5) per centum per annum.

F. D. THOMSON,
Clerk of the Executive Council.

(T. 49/512/1.)

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Order in Council consenting to the Raising of a Loan of £2,100 by the Waikato Hospital Board and prescribing the Conditions thereof.

BLEDISLOE, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 9th day of July, 1934.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS the Waikato Hospital Board (hereinafter called “the said local authority”) is desirous of raising the sum of two thousand one hundred pounds (£2,100) by a loan to be known as “Boiler Loan, 1934” (hereinafter called “the said loan”), for the purpose of purchasing and erecting a 62 H.P. underfired multitubular boiler for the Waikato Hospital, including foundation and brickwork, feed pump, automatic stoker, water and steam connections, flue, and new building to house the boiler; also for strengthening and supporting the present boilers, and incidental expenses:

And whereas the said local authority has complied with the provisions of the Local Government Loans Board Act, 1926 (hereinafter called “the said Act”), and it is expedient that the precedent consent of the Governor-General in Council, as required by the said Act, should be given to the raising of the said loan:

Now, therefore, His Excellency the Governor-General of the Dominion of New Zealand, acting by and with the advice and consent of the Executive Council of the said Dominion, and in pursuance and exercise of the powers and authorities conferred on him by section eleven of the said Act, as set out in section twenty-nine of the Finance Act, 1932 (No. 2), and of all other powers and authorities enabling him in this behalf, doth hereby consent to the raising by the said local authority of the said loan up to the amount of two thousand one hundred pounds (£2,100), and in giving such consent doth hereby determine as follows:—

(1) The term for which the said loan or any part thereof may be raised shall be five (5) years.

(2) The rate of interest that may be paid in respect of the said loan or any part thereof shall be such as shall not produce to the lender or lenders a rate exceeding four pounds (£4) per centum per annum.

(3) The said loan shall be repaid by annual instalments of principal of not less than four hundred and twenty pounds (£420) during the first four years of the currency of the loan and the balance in the last year.

(4) No interest on the loan and no instalment of principal shall be paid out of loan-money.

(5) The rate payable for brokerage, underwriting, and procurement fees in respect of the raising of the said loan or any part thereof shall not in the aggregate exceed one-half per centum of any amount raised.

(6) The payment of interest and repayment of principal in respect of the said loan shall be made in New Zealand.

F. D. THOMSON,
Clerk of the Executive Council.

(T. 49/512/1.)

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Order in Council consenting to the Raising of a Loan of £1,450 by the Ohakune Borough Council and prescribing the Conditions thereof.

BLEDISLOE, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 9th day of July, 1934.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS the Ohakune Borough Council (hereinafter called “the said local authority”) proposes, pursuant to the provisions of section three of the Main Highways Amendment Act, 1928, to borrow the sum of one thousand four hundred and fifty pounds (£1,450) by a loan to be known as “Main Highways Loan, 1934” (hereinafter called “the said loan”), for the purpose of paying its proportion of the cost of tar-sealing work on the Ohakune Borough sections of the Raetihi–Ohakune and Bulls–Taumarunui Main Highways and the reconstruction of Mangateitei and Mangawhio Bridges:

Now, therefore, His Excellency the Governor-General of the Dominion of New Zealand, acting by and with the advice and consent of the Executive Council of the said Dominion, and in pursuance and exercise of the powers and authorities conferred on him by section eleven of the Local Government Loans Board Act, 1926, as set out in section twenty-nine of the Finance Act, 1932 (No. 2), and of all other powers and