2732
THE NEW ZEALAND GAZETTE.
[No. 66

Notice is hereby given to the holders of debentures or other securities issued by the Tauranga Borough Council in respect of the above-mentioned loans that it is intended to convert all such debentures or other securities (except those in respect of which dissent is duly signified) into new debentures having new maturity dates and bearing interest at 4½ per cent. per annum.

And notice is also hereby given that the Tauranga Borough Council reserves the right to exercise the provision contained in clause 16 (1), Tauranga Borough Loans Conversion Order, 1934 (No. 2), which reads as follows: “Provided that in respect of any new security the specified maturity date of which is a date later than the first day of October, 1947, the local authority may stipulate in such new security for the redemption thereof at the option of the local authority at such date prior to the date so specified (but not earlier than the first day of October, one thousand nine hundred and forty-seven) as the local authority may fix by notice in that behalf to be published in the Gazette at least six months before such prior date.”

The conversion will take effect from the 1st day of October, 1934.

Application for conversion must be made in writing and be accompanied by the securities to which it relates.

Dissent from the conversion of any existing debentures or other securities may be signified by the holder by notice in writing delivered to the Town Clerk, Borough Chambers, Willow Street, Tauranga, on or before the 15th day of October, 1934.

If notice of dissent from the conversion of any debentures or other securities is not received by that date the securities will be converted.

The rate of interest on any debentures or other securities in respect of which dissent is signified as aforesaid will, by virtue of section 18 of the above-mentioned Act, be reduced to two-thirds of the original rate as from the 1st day of October, 1934.

Further particulars as to the new debentures and the conversion generally may be obtained from the Town Clerk, Borough Chambers, Willow Street, Tauranga.

Dated the 17th day of August, 1934.

A. F. TUNKS, Mayor.

508

TAURANGA BOROUGH COUNCIL.

TAURANGA BOROUGH LOANS CONVERSION ORDERS, 1934, NO. 1, CLAUSE 4 (2); NO. 2, CLAUSE 4 (2); NO. 3, CLAUSE 4 (2); AND NO. 4, CLAUSE 4 (2).

I, ALFRED FRANCIS TUNKS, Mayor of the Borough of Tauranga, do hereby certify that pursuant to the provisions of subsection (2) of section 9 of the Local Authorities Interest Reduction and Loans Conversion Act, 1932–33, a series of four resolutions were duly passed at a special meeting of the Tauranga Borough Council held on the 25th day of July, 1934, and confirmed on the 8th day of August, 1934, providing for the issue under Part II of the above-named Act of new securities in conversion of existing securities issued in respect of the loans set forth in the First Schedules of the Tauranga Borough Loans Conversion Orders, 1934 (Nos. 1, 2, 3, and 4), respectively, as published in the New Zealand Gazette No. 50 of the 28th day of June, 1934, at pages 2033, 2036, 2043, and 2046.

A. F. TUNKS,
Mayor, Borough of Tauranga.

Dated 17th August, 1934.

509

CANTERBURY UNIVERSITY COLLEGE.

NOTICE is hereby given, pursuant to regulations for the conduct of elections of Members of the Council of Canterbury University College, that, as Mr. Walter Cuthbert Colee was the only candidate nominated by the school-teachers of the Canterbury University District to fill a casual vacancy on the Council, he has been declared duly elected.

C. C. KEMP,
Registrar.

507

DUNEDIN CITY COUNCIL.

Loans Conversion Order, 1934.

I, EDWIN THOMS COX, Mayor of the City of Dunedin, do hereby certify that pursuant to the provisions of subsection (2) of section 9 of the Local Authorities Interest Reduction and Loans Conversion Act, 1932–33, the said Council has duly passed a resolution providing for the issue of new securities by way of the conversion of the existing securities to which the Dunedin City Loans Conversion Order, 1934, applies. The said resolution was passed at a special meeting of the Council held on the first day of August, 1934, and confirmed at a subsequent meeting held on the fifteenth day of August, 1934.

E. T. COX, Mayor.

Town Hall, Dunedin, 16th August, 1934.

510

DUNEDIN CITY COUNCIL.

RESOLUTION MAKING SPECIAL RATE.

IN pursuance and 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 Dunedin City Loans Conversion Order, 1934, the Dunedin City Council hereby resolves as follows:—

“That, for the purpose of providing interest, sinking fund, and other charges on the new securities authorized to be issued by the Dunedin City 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 of that Order, and also the interest, sinking fund, and other charges on the unconverted securities issued in respect of such loans, the said Dunedin City Council hereby makes and levies a special rate of thirty-three pence (33d.) in the pound upon the rateable value (on the basis of the annual 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 fifteenth day of March in each and every year until the last maturity date of such securities, being the first day of April, 1958, or until all such securities are fully paid off.”

I hereby certify that the above is a true and correct copy of the resolution passed by the Dunedin City Council on Wednesday, the 15th day of August, 1934.

G. A. LEWIN,
Town Clerk.

Town Hall, Dunedin, 16th August, 1934.

511

DUNEDIN CITY COUNCIL.

RESOLUTION MAKING A SPECIAL RATE OF FIVEPENCE IN THE POUND AS SECURITY FOR THE INTEREST, SINKING FUND, AND REPAYMENT OF RENEWAL LOAN (NO. 2), 1934, OF £264,000.

IN pursuance and exercise of the powers vested in it in that behalf by the Local Bodies’ Loans Act, 1926, the Dunedin City Council hereby resolves as follows:—

“That, for the purpose of providing the interest and other charges on a loan of two hundred and sixty-four thousand pounds (£264,000) authorized to be raised by the Dunedin City Council under the above-mentioned Act for the purpose of paying off the following loans maturing on the first day of September, 1934, that is to say, Antecedent Liability Loans of £80,000 and £50,000, and Waipori Falls Loans of £122,800 and £77,200, the said Dunedin City Council hereby makes and levies a special rate of fivepence (5d.) in the pound upon the rateable value (on the basis of the annual value) of all rateable property of the City of Dunedin comprising the whole of the City of Dunedin, and that such special rate shall be an annual-recurring rate during the currency of such loan and be payable yearly on the first day of September in each and every year during the currency of such loan, being a period of twenty years or until the loan is fully paid off.”

I hereby certify that the above is a true and correct copy of the resolution passed by the Dunedin City Council on Wednesday, the 15th day of August, 1934.

G. A. LEWIN,
Town Clerk.

Town Hall, Dunedin, 16th August, 1934.

512

WELLINGTON HOSPITAL BOARD.

Wellington Hospital Board Loans Conversion Orders, 1934 (Nos. 1 and 2).

I, FREDERICK CASTLE, Chairman of the Wellington Hospital Board, Wellington, do hereby certify that pursuant to the provisions of subsection (2) of section 9 of the Local Authorities Interest Reduction and Loans Conversion