New Zealand Gazette – 1935 – No. 64

Page 2428

✨ Loan Conversion Details

2428
THE NEW ZEALAND GAZETTE.
[No. 64

FIRST SCHEDULE.
LOANS TO BE CONVERTED.

Name.	Amount.	Rate of Interest.	Date of Maturity.
		Original.	Existing.
Waingawa Bridge Redemption Loan of £3,000, 1924	£ 3,000	Per Cent. 6	Per Cent. 4¾
Bridges Loan of £4,000, 1925	4,000	6	4¾
Bridges Loan of £5,000, 1926	5,000	6	4¾
Bridges Supplementary Loan of £400, 1926	400	6	4¾
Bridges Loan of £12,650, 1929	12,650	5½	4¾
Ngahape Road Loan of £250, 1926	250	6	4¾
Uriti Riding Workers’ Dwelling Loan of £1,000, 1926	1,000	6	4¾
Stronvar Ngahape Special Rating District Loan of £1,500, 1927	1,500	6	4¾
Stronvar Ngahape Special Rating District Supplementary Loan of £150, 1929	150	6	4¾
Motukai Special Rating District Loan, 1930	750*	5½	4¾
Ngaumu Special Rating District Loan, 1930	500*	5½	4¾
Tanglewood Stream Bridge Loan, 1930	350*	5½	4¾
Kaiwhata Stream Bridge Loan of £300, 1931	300*	6	4¾
Mangaparuparu Special Rating District Loan of £550, 1931	550*	6	4¾
Uriti Riding Devil’s Elbow Road Deviation Loan of £1,000, 1932	1,000*	5½	4¾
Northern Approach Loan ..	255*	4½	4¼
Riversdale Road Loan ..	600*	4½	4¼
Mangarei Road Bridge Loan	500*	4½	4¼
Taueru and Rorokoko Bridges Loan No. 1 (part)	2,000*	4½	4¼
Ditto .. .. ..	1,000*	4½	4¼
,, .. .. ..	2,000*	4½	4¼
Westmere Road Loan (part) ..	1,500*	4½	4¼
,, .. ..	1,000*	4½	4¼
,, .. ..	1,500*	4½	4¼
Wainui-O-Mapu Road Loan (part)	400*	4½	4¼
Ditto .. .. ..	400*	4½	4¼
Kahumingi Bridge Loan (part)	2,400*	4½	4¼
,, .. .. ..	1,200*	4½	4¼
Taueru and Rorokoko Bridges Loan No. 2 (part)	3,000*	4½	4¼
Ditto .. .. ..	2,000*	4½	4¼
Manawa Road Loan (part) ..	500*	4½	4¼
,, .. .. ..	700*	4½	4¼
Blairlogie Cottage Loan ..	400*	4½	4¼
Stronvar Road Loan ..	1,000*	4½	4¼
Holdsworth Street Loan ..	100*	4½	4¼
Dorsets Creek Bridge Loan ..	400*	4½	4¼
Ngaumu Road Loan ..	1,000*	6	4¾
Wairere Road Loan ..	800*	6	4¾
Total .. ..	£56,055

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 64

NZLII — NZ Gazette 1935, No 64

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✨ LLM interpretation of page content

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

Domain💰 Finance & Revenue
Dated28 August 1935
KeywordsLoan Conversion, Local Authority, Masterton County, Securities, Order in Council

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