Loan Conversion Notices




2650
THE NEW ZEALAND GAZETTE.
[No. 66

MANUKAU COUNTY COUNCIL.

I, FRANK McINTYRE WATERS, Chairman of the Manukau County Council, do hereby certify that pursuant to the provisions of subsection (2) of section 9 of the Local Authorities Interest Reduction and Loans Conversion Act, 1932–33, and clause 4 of the Manukau County Loans Conversion Orders, 1935 (Nos. 1 and 2), that the following resolution as set out hereunder was duly passed at a special meeting of the Manukau County Council convened for the purpose and held on the 28th day of August, 1935, and confirmed at a special meeting of the said Council held on the 11th day of September, 1935, and that public notice of the place and date of the confirming meeting and the purport of the said resolution was published in the New Zealand Herald newspaper on the 31st August and 4th September, 1935 :—

“ That 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, the Local Authorities Interest Reduction and Loans Conversion Amendment Act, 1933, the Manukau County Loans Conversion Orders, 1935 (Nos. 1 and 2), and all other powers and authorities enabling it in this behalf, the Manukau County Council hereby resolves to issue new securities in conversion of the debentures in respect of the loans aggregating £156,965 comprised in the First Schedule of the Manukau County Loans Conversion Order, 1935 (No. 1), dated the 20th day of August, 1935 (and published in the New Zealand Gazette of the 22nd day of August, 1935, on page 2303), and also in respect of the loans aggregating £58,000 comprised in the First Schedule of the Manukau County Loans Conversion Order, 1935 (No. 2), dated the 20th day of August, 1935 (and published in the New Zealand Gazette of the 22nd day of August, 1935, on page 2311), such new securities to be issued and the conversion effected in terms of the Manukau County Loans Conversion Orders, 1935 (Nos. 1 and 2).”

Dated at Auckland, this 11th day of September, 1935.

FRANK M. WATERS,
Chairman, Manukau County Council.

591

MANUKAU COUNTY COUNCIL.

CONVERSION under the Local Authorities Interest Reduction and Loans Conversion Act, 1932–33, and the Manukau County Loans Conversion Order, 1935 (No. 2), of debentures or other securities issued in respect of the following loans :—

Loans to be converted.

Name. Amount. Rate of Interest. Date of Maturity.
£ Per Cent. Per Cent.
Water-supply Loan of £7,000, 1921 7,000 6 4⅜
Mangere Crossing Water-supply Supplementary Loan of £700, 1927 700 6 4⅜
Water-supply Loan of £3,000 3,000
Water-supply Supplementary Loan of £300 300
Mangere Special Area Water-supply Loan of £65,000, 1930 (part) 47,000 5⅜ 4⅜
Total £58,000

Notice is hereby given to the holders of debentures or other securities issued in respect of the above-mentioned loans that the Manukau County Council 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 the 1st October, 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 the County Clerk, Manukau County Council, corner of Shortland and Princes Streets, Auckland, on or before the 15th day of October, 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 day of October, 1935.

Further particulars as to the new debentures and the conversion generally may be obtained from the County Clerk, Manukau County Council, corner of Shortland and Princes Streets, Auckland.

Dated this 12th day of September, 1935.

FRANK M. WATERS,
Chairman, Manukau County Council.

593

THE FLAXGROWERS PULP AND CELLULOSE PRODUCTS OF N.Z., LIMITED.

IN VOLUNTARY LIQUIDATION.

THE shareholders of the above company by an entry in the minute-book dated the 22nd day of August, 1935, resolved as a special resolution, inter alia :—

“ That the company be wound up voluntarily, and that HERBERT MOSS NEWTON, of Auckland, Public Accountant, be appointed sole liquidator.”

Claims against the above company are to be rendered to the liquidator at his office, 105 Chancery Chambers, O’Connell Street, Auckland, by Saturday, the 21st day of September, 1935.

H. M. NEWTON,
Liquidator.

590

MOTUEKA BOROUGH COUNCIL.

CONVERSION under the Local Authorities Interest Reduction and Loans Conversion Act, 1932–33, and the Motueka Borough 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.
£ Per Cent. Per Cent.
Roading Loan, £5,000, 1926 5,000
Electric Lighting Loans, £10,000, 1920 10,000
Electric Lighting Loan, £4,000, 1920 4,000
Library and Municipal Offices Loan, 1930 15,000 4⅞
Library and Municipal Offices Loan (Supplementary), 1931 150 4⅞
Electric Lighting Renewal Loan (Supplementary), 1932, £1,240 1,240
Antecedent Liability Renewal Loan, 1932 2,000 4⅞
Total £23,890

Notice is hereby given to the holders of debentures or other securities issued in respect of the above-mentioned loans that the Motueka Borough Council 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 the 30th day of September, 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 the Town Clerk, Motueka, on or before the 14th day of October, 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 30th day of September, 1935.

Further particulars as to the new debentures and the conversion generally may be obtained from the Town Clerk, Motueka.

Dated this 9th day of September, 1935.

RUPERT J. L. YORK, Mayor.

595



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💰 Conversion of Manukau County Council Loans (continued from previous page)

💰 Finance & Revenue
11 September 1935
Loan Conversion, Debentures, Manukau County, Interest Rates
  • FRANK M. WATERS, Chairman, Manukau County Council

💰 Conversion of Manukau County Council Loans (No. 2)

💰 Finance & Revenue
12 September 1935
Loan Conversion, Debentures, Manukau County, Interest Rates
  • FRANK M. WATERS, Chairman, Manukau County Council

🏭 Voluntary Liquidation of The Flaxgrowers Pulp and Cellulose Products of N.Z., Limited

🏭 Trade, Customs & Industry
22 August 1935
Voluntary Liquidation, Company, Flaxgrowers Pulp and Cellulose Products
  • Herbert Moss Newton, Appointed sole liquidator

  • H. M. NEWTON, Liquidator

💰 Conversion of Motueka Borough Council Loans

💰 Finance & Revenue
9 September 1935
Loan Conversion, Debentures, Motueka Borough, Interest Rates
  • RUPERT J. L. YORK, Mayor