✨ Loan Conversion Details
Oct. 10.] THE NEW ZEALAND GAZETTE. 2797
FIRST SCHEDULE.
LOANS TO BE CONVERTED.
| Name. | Amount. | Rate of Interest. | Date of Maturity. |
|---|---|---|---|
| £ s. d. | Original. | Existing. | |
| Per Cent. | Per Cent. | ||
| Gasworks Erection Loan of £8,500, 1922 | 8,500 0 0 | 6 | 4⅘ |
| Gasworks Loan of £3,000, 1922 | 3,000 0 0 | 6 | 4⅘ |
| Supplementary Waterworks Loan of £8,000, 1916 | 8,000 0 0 | 5¼ | 4¼ |
| Streets Loan of £361 10s., 1916 | 361 10 0 | 5¼ | 4¼ |
| Fire-station Loan of £450, 1917 (part) | 225 0 0 | 5¼ | 4¼ |
| Wairoa River Bridge Loan of £7,000, 1923 | 7,000 0 0 | 6 | 4⅘ |
| Gas Extension Loan of £1,000, 1920 | 1,000 0 0 | 5¼ | 4¼ |
| Gas Extension Supplementary Loan of £100, 1921 | 100 0 0 | 5¼ | 4¼ |
| Drainage Loan of £2,000, 1921 | 2,000 0 0 | 5½ | 4⅖ |
| River Embankment and Road-making Machinery Loan of £5,838, 1921 | 5,838 0 0 | 5¾ | 4⅗ |
| Streets Improvement Loan of £1,650, 1922 | 1,650 0 0 | 6 | 4⅘ |
| Water Main Replacement Loan of £1,250, 1926 | 1,250 0 0 | 6 | 4⅘ |
| Water Main Replacement Completion Supplementary Loan of £125, 1927 | 125 0 0 | 6 | 4⅘ |
| Water Catchment Area Loan of £6,500, 1927 | 6,500 0 0 | 6 | 4⅘ |
| Swimming Baths Loan of £1,400, 1916 | 1,400 0 0 | 5¼ | 4¼ |
| Selwyn Park Improvements and Municipal Yard Loan of £1,350, 1922 | 1,350 0 0 | 6 | 4⅘ |
| Footpaths Loan of £925, 1929.. | 925 0 0 | 5½ | 4⅖ |
| Water Catchment Area Loan of £4,200, 1929 | 4,200 0 0 | 5½ | 4⅖ |
| Gasworks Improvements Loan of £2,000, 1929 | 2,000 0 0 | 5½ | 4⅖ |
| Streets Improvement Loan .. | 6,000 0 0* | 4½ | 4¼ |
| Street Formation and Improvement (No. 7) Loan | 2,000 0 0* | 4½ | 4¼ |
| Waterworks Loan of £26,500 (part) | 2,500 0 0* | 4½ | 4¼ |
| Ditto .. .. .. | 10,000 0 0* | 4½ | 4¼ |
| ,, .. .. .. | 10,000 0 0* | 4½ | 4¼ |
| ,, .. .. .. | 4,000 0 0* | 4½ | 4¼ |
| Duck Creek Water Extension Loan of £1,300 | 1,300 0 0* | 4½ | 4¼ |
| Mangawhare Road Supplementary Loan | 90 0 0* | 4½ | 4¼ |
| Road Formation, Metalling, and Footpath Construction Loan of £9,560 (part) | 3,000 0 0* | 4½ | 4¼ |
| Ditto .. .. .. | 1,000 0 0* | 4½ | 4¼ |
| ,, .. .. .. | 1,000 0 0* | 4½ | 4¼ |
| ,, .. .. .. | 4,560 0 0* | 4½ | 4¼ |
| Total .. .. | £100,874 10 0 |
- 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.
Next Page →
PDF embedding disabled (Crown copyright)
View this page online at:
VUW Te Waharoa —
NZ Gazette 1935, No 70
NZLII —
NZ Gazette 1935, No 70
✨ LLM interpretation of page content
💰
Dargaville Borough Loans Conversion Order, 1935 (No. 1)
(continued from previous page)
💰 Finance & Revenue7 October 1935
Loan Conversion, Dargaville Borough Council, Local Authorities Interest Reduction and Loans Conversion Act, Debentures, Premiums, Sinking Fund