July 26.] THE NEW ZEALAND GAZETTE. 2301

Schedule of the Whangarei Borough Loans Conversion Order, 1934 (No. 2), dated the eighteenth day of June, 1934, and published in the New Zealand Gazette of the twenty-second June, 1934, on page 2011, such new securities to be issued and the conversion effected in terms of the Whangarei Borough Loans Conversion Order, 1934 (No. 2), and the Council resolves to exercise the powers conferred by clause 16 (1) of the said Order by stipulating in any such new securities for the redemption at the option of the Council of such new securities on such earlier date (at any time after the first day of September, one thousand nine hundred and forty-five) as the Council may specify in a notice in that behalf to be published in the New Zealand Gazette at least six months before such earlier date.

Dated at Whangarei, this 24th day of July, 1934.

W. JONES, Mayor.

411

WHANGAREI BOROUGH COUNCIL.

RESOLUTION MAKING SPECIAL RATE.

IN pursuance and in exercise of the powers vested in it in that behalf by Part II of the Local Authorities Interest Reduction and Loans Conversion Act, 1932–33, and the Whangarei Borough Loans Conversion Order, 1934 (No. 1), the Whangarei Borough Council hereby resolves as follows :—

“ That, for the purpose of providing the instalments of principal and interest and other charges on the new securities authorized to be issued by the Whangarei Borough Council under the above-mentioned Act and Order in conversion of existing securities issued in respect of the loans set out in the First Schedule to that Order, and also instalments of principal and interest and other charges on the unconverted securities issued in respect of such loans, the said Whangarei Borough Council hereby makes and levies a special rate of 1¾d. in the pound upon the rateable value (on the basis of the unimproved value) of all rateable property of the district, and that such special rate shall be an annually recurring rate during the currency of such securities and be payable yearly on the 1st day of August in each and every year until the last maturity date of such securities, being the 1st day of September, 1955, or until all such securities are fully paid off.”

A. D. JACK, Town Clerk.

412

WHANGAREI BOROUGH COUNCIL.

RESOLUTION MAKING SPECIAL RATE.

IN pursuance and in exercise of the powers vested in it in that behalf by Part II of the Local Authorities Interest Reduction and Loans Conversion Act, 1932–33, and the Whangarei Borough Loans Conversion Order, 1934 (No. 2), the Whangarei Borough Council hereby resolves as follows :—

“ That, for the purpose of providing the interest, sinking fund, and other charges on the new securities authorized to be issued by the Whangarei Borough Council under the above-mentioned Act and Order in conversion of existing securities issued in respect of the loans set out in the First Schedule to that Order, and also the interest, sinking fund, and other charges on the unconverted securities issued in respect of such loans, the said Whangarei Borough Council hereby makes and levies a special rate of 4d. in the pound upon the rateable value (on the basis of the unimproved value) of all rateable property of the district, and that such special rate shall be an annually recurring rate during the currency of such securities and be payable yearly on the 1st day of August in each and every year until the last maturity date of such securities, being the 1st day of September, 1960, or until all such securities are fully paid off.”

A. D. JACK, Town Clerk.

413

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