New Zealand Gazette – 1935 – No. 91

Page 3760

✨ Loans Conversion Details

3760
THE NEW ZEALAND GAZETTE.
[No. 91

FIRST SCHEDULE.
LOANS TO BE CONVERTED.

Name.	Amount.	Rate of Interest.	Date of Maturity.
		Original.	Existing.
	£	Per Cent.	Per Cent.
Council Chambers Loan of £750, 1913	750	5½	4½
Machinery Loan of £3,000, 1920 (part)	2,000	6	4½
Marakopa Mangapohue Roading Loan of £3,300, 1916	3,300	5½	4½
Taumataotara West Road Metalling (portion) Loan, 1927	600	6	4½
Okupata Road Loan (part) ..	1,000*	4½	4½
"	400*	4½	4½
Oparau Road Loan ..	200*	4½	4½
Marakopa Valley Loan	100*	4½	4½
Workers' Dwelling Loan	1,000*	4½	4½
Kawhia-Pirongia Loan	1,000*	4½	4½
Workers' Dwellings Loan	1,000*	4½	4½
Kawhia-Pirongia Loan (part) ..	1,000*	4½	4½
"	1,000*	4½	4½
Lemon Point Te Maika Loan ..	600*	4½	4½
Mangapohue Loan ..	1,000*	4½	4½
Kawhia-Pirongia Road Loan ..	1,000*	4½	4½
Mangapohue Loan ..	1,300*	6	4½
Workers' Dwelling Loan	200*	6	4½
Oparau Block Road Loan	300*	6	4½
Kawhia South Loan (part) ..	1,000*	4½	4½
"	1,000*	4½	4½
"	1,000*	4½	4½
Pirongia West Loan	200*	4½	4½
Awaroa Bridge Loan	100*	4½	4½
Awaroa No. 2 Loan (part) ..	750*	4½	4½
"	150*	4½	4½
Kawhia South Loan	1,400*	4½	4½
Kawhia Oparau Road Loan (part)	1,000*	4½	4½
Ditto .. .. ..	1,000*	4½	4½
Kawhia South Loan No. 2 (part)	1,000*	4½	4½
"	1,000*	4½	4½
Kawhia South Additional Loan	1,000*	4½	4½
Kawhia South Loan No. 2 ..	350*	4½	4½
Kawhia Oparau Road Loan (part)	1,000*	4½	4½
Ditto .. .. ..	1,000*	4½	4½
"	400*	6	4½
Awaroa Loan (part) ..	2,000*	4½	4½
"	750*	4½	4½
Pirongia West Loan (part) ..	1,000*	4½	4½
"	1,000*	4½	4½
Total .. ..	£37,850

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 4½ 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 91

NZLII — NZ Gazette 1935, No 91

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

💰 Kawhia County Loans Conversion Order, 1935 (continued) (continued from previous page)

Domain💰 Finance & Revenue
KeywordsLoans, Conversion, Order in Council, Kawhia County Council, Local Authorities, Securities, Debentures, Interest Rates, Maturity Dates, Sinking Funds

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