Local Authority Loan Notices




1594

THE NEW ZEALAND GAZETTE.

[No. 41

WHANGAREI HARBOUR BOARD.

CONVERSION OF LOANS.

I HEREBY certify that in pursuance of the Local Authorities Interest Reduction and Loans Conversion Act, 1932-33, and of the provisions of the Whangarei Harbour Board Loans Conversion Order, 1935, the Whangarei Harbour Board on the 12th day of April, 1935, passed a resolution to issue new securities in conversion of existing securities issued in respect of the Whangarei Harbour Board Improvement Loan, 1920, of £20,000 at 5½ per cent., maturing on the 1st day of May, 1957, and in respect of the Whangarei Harbour Board Supplementary Loan, 1931, of £12,000 at 5½ per cent., maturing on the 7th day of July, 1941, and that such resolution was duly confirmed at a meeting of the Whangarei Harbour Board held on the 24th May, 1935, after having been duly advertised as required by section 9 of the Local Authorities Interest Reduction and Loans Conversion Act, 1932-33.

Dated at Whangarei, this 24th day of April, 1935.

J. A. FINLAYSON,
Chairman, Whangarei Harbour Board.

206

WHANGAREI HARBOUR BOARD.

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 Whangarei Harbour Board Loans Conversion Order, 1935, the Whangarei Harbour Board 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 Harbour Board 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 in respect of the unconverted securities issued in respect of such loans, the said Whangarei Harbour Board hereby makes and levies a special rate of one-fifth of a penny in the pound upon the rateable value (on the basis of the unimproved value) of all rateable property of the Whangarei Harbour 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 January, 1971, or until all such securities are fully paid off.”

J. A. FINLAYSON, Chairman.
W. M. FRASER, Secretary.

207

WHANGAREI HARBOUR BOARD.

CONVERSION OF LOANS.

CONVERSION under the Local Authorities Interest Reduction and Loans Conversion Act, 1932-33, and the Whangarei Harbour Board Loans Conversion Order, 1935, of debentures or other securities issued in respect of the following loans:—

(1) Whangarei Harbour Board Improvement Loan, 1920, of £20,000, due 1st May, 1957, at 5½ per cent.

(2) Whangarei Harbour Board Supplementary Loan, 1931, of £12,000 due 7th July, 1941, at 5½ per cent.

Notice is hereby given to the holders of debentures or other securities issued in respect of the above-mentioned loans that the Whangarei Harbour Board intends 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 4¼ per centum per annum.

The conversion will take effect from the 1st July, 1935.

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 W. M. Fraser, Esquire, Treasurer, Whangarei Harbour Board, Whangarei, on or before the 15th day of July, 1935.

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 July, 1935.

Further particulars as to the new debentures and the conversion generally may be obtained from W. M. Fraser, Esquire, Treasurer, Whangarei Harbour Board, Whangarei.

Dated the 24th day of May, 1935.

J. A. FINLAYSON,
Chairman, Whangarei Harbour Board.

208

NOTICE UNDER THE PUBLIC WORKS ACT, 1928.

NOTICE is hereby given that the Education Board of the District of Auckland intends to take under the provisions of the Public Works Act, 1928, for the use, convenience, and enjoyment of a public school the following land, namely:—

All those pieces of land situated in the Provincial District of Auckland containing together two (2) acres two (2) roods and nought decimal two (0·2) perches, more or less, being Sections 42, 43, 44, 45, 60, 61, 62, 63, 64, and 65 of the Town of Rangiriri, situated in Block III, Rangiriri Survey District, Waikato County.

A plan of the said land is deposited at the post-office at Rangiriri and is there open for inspection by all persons at all reasonable hours. All persons affected are hereby required and called upon to set forth in writing any well-grounded objections to the taking of such land, and to send such writing within forty (40) days from the first publication of this notice to the Education Board of the District of Auckland at its office in Wellesley Street, Auckland, C. I.

Dated this 30th day of May, 1935.

D. W. DUNLOP,
Secretary, Education Board of the District of Auckland.

This notice was first published on the 31st day of May, 1935, in the Auckland Star newspaper.

209

KAPONGA TOWN BOARD.

CONVERSION under the Local Authorities Interest Reduction and Loans Conversion Act, 1932-33, and the Kaponga Town Board Loans Conversion Order, 1935, of debentures or other securities issued in respect of the following loans:—

Loans to be converted.

Name. Amount. Rate of Interest. Date of Maturity.
Original. Existing.
£ Per Cent. Per Cent.
Water and Drainage Loan 500*
Housing Loan 1,000*
" 1,000*
" 1,000*
" 2,000*
" 5,000
Electric Light Loan, £5,500 (1915) (part) 500
Electric Light Loan, £2,500 (1923-29) 2,500 6
Electric Light Extension Loan, £2,000 (1927) 2,000 6
Electric Light Extension Loan, £1,500 (1928) 1,500 6
Electric Light Loan (1925) 1,000* 6
Electricity Redemption Loan of £6,600 (1931) (part), (Debentures numbered 1-26, inclusive) 2,600
£20,600
  • Less amount of principal repaid at date of conversion.

Notice is hereby given to the holders of debentures or other securities issued in respect of the above-mentioned loans that the Kaponga Town Board intends 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 4¼ per cent. per annum.



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✨ LLM interpretation of page content

💰 Whangarei Harbour Board Loan Conversion Resolution

💰 Finance & Revenue
24 April 1935
Loan Conversion, Whangarei Harbour Board, Local Authorities Interest Reduction Act
  • J. A. Finlayson, Chairman, Whangarei Harbour Board

💰 Whangarei Harbour Board Special Rate Resolution

💰 Finance & Revenue
Special Rate, Whangarei Harbour Board, Loan Conversion
  • J. A. Finlayson, Chairman
  • W. M. Fraser, Secretary

💰 Whangarei Harbour Board Loan Conversion Notice

💰 Finance & Revenue
24 May 1935
Loan Conversion, Debentures, Whangarei Harbour Board
  • J. A. Finlayson, Chairman, Whangarei Harbour Board

🎓 Notice of Land Taking for Public School

🎓 Education, Culture & Science
30 May 1935
Land Acquisition, Public Works Act, Rangiriri, Auckland Education Board
  • D. W. Dunlop, Secretary, Education Board of the District of Auckland

💰 Kaponga Town Board Loan Conversion Notice

💰 Finance & Revenue
Loan Conversion, Debentures, Kaponga Town Board