New Zealand Gazette – 1935 – No. 61

Page 2307

✨ Loan Conversion Order

AUG. 22.] THE NEW ZEALAND GAZETTE. 2307

(3) Upon the making of such special rate every special rate theretofore
made in respect of any existing securities to which this Order applies shall
cease to be a security for such existing securities.

SECURITIES HELD BY TRUSTEES.

The provisions of sections twenty-two, twenty-three, and twenty-four of
the New Zealand Debt Conversion Act, 1932-33 (relating to the adjustment of
premiums as between capital and income and to the powers of trustees and other
persons in relation thereto), shall apply with respect to existing securities con-
verted into new securities in accordance with this Order in the same way as they
apply with respect to securities converted under that Act, save that the references
in the said section twenty-two to the first day of April, one thousand nine hundred
and thirty-three, shall be construed as references to the day following the date of
conversion.

BROKERAGE.

The local authority shall not, in respect of the conversion into new
securities of any existing securities to which this Order applies, enter into any
contract for the payment of brokerage at a rate exceeding one-quarter per centum
of the amount of such existing securities.

FIRST SCHEDULE.
LOANS TO BE CONVERTED.

Name.	Amount.	Rate of Interest.	Date of Maturity.
		Original.	Existing.
	£	Per Cent.	Per Cent.
Mangere Roads Loan of £30,000 (part)	5,000*	4½	4½
Ditto	5,000*	4½	4½
"	2,000*	4½	4½
"	2,000*	4½	4½
"	2,000*	4½	4½
"	2,000*	4½	4½
"	1,000*	4½	4½
"	2,000*	4½	4½
"	1,000*	4½	4½
"	2,000*	4½	4½
"	3,000*	4½	4½
Panmure Bridge Loan	6,750*	4½	4½
"	3,000*	4½	4½
Ranfurly Road Loan	490*	4½	4½
Manurowa Overhead Bridge Loan	1,000*	4½	4½
Ditto	1,000*	4½	4½
"	200*	4½	4½
Wiri Station Road Loan	1,000*	4½	4½
"	1,000*	4½	4½
Papatoetoe Bridges Loan	1,000*	4½	4½
"	2,000*	4½	4½
Marnetai Roads Loan	1,500*	4½	4½
"	1,000*	4½	4½
Turanga Bridges Loan	2,000*	4½	4½
Wairoa Bridges Loan	2,000*	4½	4½
"	1,000*	4½	4½
Kawakawa-Orere Road Loan	1,000*	4½	4½
Kawakawa-Orere Road Supplementary Loan	100*	6	4½
Papatoetoe Riding Loan of £17,700, 1926	17,700	6	4½
Papakura Riding Bridge Loan of £2,250, 1928	2,250	6	4½
Mounoukai Hill Road Loan of £2,000, 1921 (part)	1,000	6	4½
Mangere East Public Hall and Recreation Ground Loan of £2,750, 1923	2,750	6	4½
Mangere East Public Hall and Recreation Ground Supplementary Loan of £275, 1925	275	6	4½
Mangere Riding Roads Supplementary Loan of £3,000, 1926	3,000	6	4½
Ness Valley - Te Kawakawa Bay Road Loan of £1,000, 1922	1,000	6	4½
Ness Valley - Te Kawakawa Bay Road Supplementary Loan of £100, 1924	100	6	4½
Bullens Road Loan of £200, 1926	200	6	4½
Mangere East Hall Supplementary Loan of £1,250, 1924	1,250	6	4½
Mangere East Hall Supplementary Loan of £125, 1925	125	6	4½
Tironui Railway-station Access Road Loan of £1,050, 1926	1,050	6	4½

Less amount of principal repaid as at date of conversion.

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VUW Te Waharoa — NZ Gazette 1935, No 61

NZLII — NZ Gazette 1935, No 61

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✨ LLM interpretation of page content

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

Domain💰 Finance & Revenue
Dated20 August 1935
KeywordsLoan Conversion, Local Authorities, Manukau County Council, Order in Council

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