New Zealand Gazette – 1934 – No. 67

Page 2760

✨ Loan Conversion Order Details



2760
THE NEW ZEALAND GAZETTE.
[No. 67

above-mentioned Act and Order pursuant to a resolution passed and confirmed by the
said Council [or Board, or as the case may be] as provided by section 9 (2) of the said
Act.
(N.B.—The holder of this debenture has no claim in respect thereof upon the
Government or public revenues of New Zealand.)
On presentation of this debenture at , in New Zealand, on or after
the day of , 19 , the bearer thereof will be entitled to receive £ .
Interest on this debenture will cease after the day when the payment falls due unless
default is made in payment.
This debenture bears interest at the rate of per centum per annum, payable
on the day of and the day of in each year, on
presentation of the attached coupons.
Issued under the common seal of the
the day of , 19 .
[L.S.]
A.B., Mayor.
C.D., Treasurer [or other officer appointed for the purpose].

(3) Coupon.
No. .
New debenture No. of the [Name of local authority], New Zealand, issued
under Part II of the Local Authorities Interest Reduction and Loans Conversion Act,
1932–33, and the Loans Conversion Order, 19 .
On presentation of this coupon at , in New Zealand, on or after the
day of , 19 , the bearer hereof will be entitled to receive £ .
(N.B.—The holder of this coupon has no claim in respect thereof upon the
Government or public revenues of New Zealand.)
A.B., Mayor.
C.D., Treasurer [or other officer appointed to sign debentures].

(4) 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
Loans Conversion Order, 19 , the [Name of local authority] 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 [Name of local authority] under the
above-mentioned Act and Order, whether in conversion of existing securities issued in
respect of the loans set out in the First Schedule to that Order, or for the purpose of
providing for cash premium payments, and also the interest, sinking fund, and other
charges [or, as the case may be, instalments of principal and interest] on the unconverted
securities issued in respect of such loans, the said [Name of local authority] hereby makes
and levies a special rate of [State amount in the pound] upon the rateable value on the
basis of [State whether capital, unimproved, or 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 half-yearly on the day of
and the day of [or yearly on the day of ] in each and
every year until the last maturity date of such securities, being the day of
, 19 , or until all such securities are fully paid off.

THIRD SCHEDULE.
MATURITY DATES OF NEW SECURITIES.

Date. Aggregate Amount of Principal, to be increased or reduced proportionately in accordance with Clause 16 (2) of this Order if the Total Amount is greater or less than £119,920. Date. Aggregate Amount of Principal, to be increased or reduced proportionately in accordance with Clause 16 (2) of this Order if the Total Amount is greater or less than £119,920.
1st April, 1935 .. £ 500 1st April, 1947 .. £ 2,300
1st October, 1935 .. 4,900 1st October, 1947 .. 2,300
1st April, 1936 .. 1,400 1st April, 1948 .. 2,400
1st October, 1936 .. 1,400 1st October, 1948 .. 2,500
1st April, 1937 .. 1,500 1st April, 1949 .. 2,500
1st October, 1937 .. 1,500 1st October, 1949 .. 3,000
1st April, 1938 .. 1,500 1st April, 1950 .. 2,600
1st October, 1938 .. 1,600 1st October, 1950 .. 2,700
1st April, 1939 .. 1,600 1st April, 1951 .. 2,700
1st October, 1939 .. 3,300 1st October, 1951 .. 2,900
1st April, 1940 .. 1,700 1st April, 1952 .. 2,800
1st October, 1940 .. 1,700 1st October, 1952 .. 2,900
1st April, 1941 .. 1,800 1st April, 1953 .. 3,000
1st October, 1941 .. 1,800 1st October, 1953 .. 3,100
1st April, 1942 .. 1,900 1st April, 1954 .. 3,100
1st October, 1942 .. 1,900 1st October, 1954 .. 3,200
1st April, 1943 .. 1,900 1st April, 1955 .. 3,300
1st October, 1943 .. 2,000 1st October, 1955 .. 3,300
1st April, 1944 .. 2,000 1st April, 1956 .. 3,400
1st October, 1944 .. 2,100 1st October, 1956 .. 3,400
1st April, 1945 .. 2,100 1st April, 1957 .. 3,600
1st October, 1945 .. 2,200 1st October, 1957 .. 5,200
1st April, 1946 .. 2,200 1st April, 1958 .. 3,800
1st October, 1946 .. 2,300 1st October, 1958 .. 3,120
Total .. £119,920


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✨ LLM interpretation of page content

💰 Stratford Borough Loans Conversion Order, 1934 (continued from previous page)

💰 Finance & Revenue
27 August 1934
Loan conversion, Local authority, Borough council, Stratford, Order in Council
  • A.B., Mayor
  • C.D., Treasurer