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New Zealand Gazette – 1935 – No. 54

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✨ Loan Conversion Details

2026

THE NEW ZEALAND GAZETTE.

[No 54

FIRST SCHEDULE—continued.

LOANS TO BE CONVERTED—continued.

Name.	Amount.	Rate of Interest.		Date of Maturity.
		Original.	Existing.
	£	Per Cent.	Per Cent.
Fitzherbert East Road Deviation Loan of £600	600*	4½	4¼	31st January, 1959.
Rangitikei Line Loan of £2,000	2,000*	4½	4¼	31st January, 1959.
Widening and Remetalling Napier Road Loan	1,000*	4½	4¼	31st January, 1959.
Fitzherbert East Road Supplementary Loan of £50	50*	4½	4¼	31st July, 1959.
Kairanga - Bunnythorpe Road Loan of £2,150 (part)	1,000*	4½	4¼	31st July, 1959.
Rangitikei Line Loan, £600 ..	600*	4½	4¼	31st July, 1959.
Taonui Riding Road Improvements Loan	1,000*	4½	4¼	31st July, 1959.
Ditto .. .. ..	1,000*	4½	4¼	31st January, 1960.
Kairanga - Bunnythorpe Road Loan, £2,150	1,000*	4½	4¼	31st January, 1960.
Fitzherbert Riding Loan of £2,250	1,000*	4½	4¼	31st January, 1960.
Taonui Riding Road Improvements Loan	200*	4½	4¼	31st July, 1960.
Kairanga - Bunnythorpe Road Loan	150*	4½	4¼	31st January, 1961.
Mangaone Riding Loan of £2,250	1,000*	4½	4¼	31st January, 1961.
Fitzherbert East Road Deviation Loan	1,000*	4½	4¼	31st July, 1961.
Ditto .. .. ..	100*	4½	4¼	31st January, 1962.
Napier Road Loan .. ..	750*	4½	4¼	31st July, 1956.
Foxton Line Road Loan ..	875*	4½	4¼	31st July, 1956.
,, .. ..	875*	4½	4¼	31st July, 1956.
Rangitikei Line Road Loan ..	875*	4½	4¼	31st January, 1957.
Foxton Line Road Loan ..	875*	4½	4¼	31st July, 1957.
Napier Road Loan .. ..	750*	4½	4¼	31st July, 1957.
Rangitikei Line Road Loan ..	875*	4½	4¼	31st January, 1958.
Foxton Line Road Loan ..	875*	4½	4¼	31st January, 1958.
Rangitikei Road Loan ..	875*	4½	4¼	31st January, 1958.
Foxton Line Road Loan ..	875*	4½	4¼	31st July, 1958.
Napier Road Loan .. ..	750*	4½	4¼	31st July, 1958.
,, .. ..	750*	4½	4¼	31st January, 1959.
Total .. ..	£80,185

Less amount of principal repaid as at date of conversion.

SECOND SCHEDULE.

FORMS.

(1) Notice.

[Name of local authority.]

CONVERSION under the Local Authorities Interest Reduction and Loans Conversion Act, 1932–33, and the Loans Conversion Order, 19 , of debentures or other securities issued in respect of the following loans [Particulars of loans].

Notice is hereby given to the holders of debentures or other securities issued in respect of the above-mentioned loans that the [Name of local authority] 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.

The conversion will take effect from [Date of conversion].

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 [Name or designation and address of at least one person authorized to receive dissents] on or before the day of , 19 .

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 [Date of conversion].

Further particulars as to the new debentures and the conversion generally may be obtained from [Name or designation and address of at least one person authorized to give particulars].

Dated the day of , 19 .

, Chairman.

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VUW Te Waharoa — NZ Gazette 1935, No 54

NZLII — NZ Gazette 1935, No 54

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✨ LLM interpretation of page content

💰 Kairanga County Loans Conversion Order, 1935 (No. 1) (continued from previous page)

Domain💰 Finance & Revenue
Dated23 July 1935
KeywordsLoans, Conversion, Local Authority, Kairanga County, Securities, Sinking Fund, Premiums, Interest Rates

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