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New Zealand Gazette – 1935 – No. 61

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✨ Loan Conversion Details

2308

THE NEW ZEALAND GAZETTE.

[No. 61

FIRST SCHEDULE—continued.

LOANS TO BE CONVERTED—continued.

Name.	Amount.	Rate of Interest.		Date of Maturity.
		Original.	Existing.
	£	Per Cent.	Per Cent.
Redoubt Road Loan of £1,250, 1921	1,250	6	4½	1st August, 1957.
Redoubt Road Supplementary Loan of £125, 1923	125	6	4½	1st August, 1957.
Clevedon–Takanini Road Loan of £500, 1925	500	6	4½	1st April, 1962.
Mangere Riding Roads Loan of £4,000, 1925 (part of £30,000 Loan)	4,000	6	4½	1st April, 1962.
Turanga Riding Road Improvement Loan of £4,200, 1926	4,200	6	4½	1st August, 1962.
Papakura and Wairoa Ridings Loan of £10,500, 1926	10,500	6	4½	1st February, 1963.
Bridges Loan of £1,000, 1926..	1,000	6	4½	1st April, 1963.
Mangere Bridge Loan	15,000	5	4¼	1st March, 1950.
Mangere Bridge Supplementary Loan	1,500	5¼	4¼	1st June, 1951.
Mangere Bridge Improvement Loan	2,000	5¼	4¼	1st June, 1951.
Panmure–Howick Main Highway Loan of £9,300, 1929	9,300*	5¼	4¾	1st April, 1949.
Oakleigh Avenue Continuation Special Area Loan of £250	250	5¾	4¾	1st September, 1961.
Wallace Road Special Area Loan of £350	350	5¾	4¾	1st September, 1961.
Papatoetoe Meeting Hall, Reading-room, and Board Offices Loan, 1917	2,500	5¼	4¼	1st May, 1953.
Papatoetoe Meeting Hall, Reading-room, and Board Offices Supplementary Loan, 1918	250	5¼	4¼	1st May, 1954.
East Tamaki Recreation Reserve Loan of £700	700	6	4¾	16th January, 1936.
Papatoetoe Riding Bridge Fund Loan of £2,000	2,000	5¾	4¾	1st September, 1961.
Tamaki River Bridge Loan of £800, 1930	800	5¾	4¾	1st October, 1967.
Wiri Station–Puhinui Road Special Area Loan of £1,000	1,000	5¾	4¾	1st September, 1961.
Whitford Public Hall Loan of £550, 1930	550	5¾	4¾	1st December, 1950.
County Offices Loan of £4,500	4,500	6½	5½	17th January, 1942.
County Offices Supplementary Loan of £450	450	6½	5½	17th January, 1942.
Antecedent Liability Loan, 1923, of £11,500	11,500	6	4¾	1st March, 1938.
	£156,965

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 61

NZLII — NZ Gazette 1935, No 61

The Old Government Buildings (depicted) were completed in 1876 and initially housed the entire Wellington-based civil service as well as the entire New Zealand Cabinet. The Executive Council met there until 1948.

✨ 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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