APRIL 16.] THE NEW ZEALAND GAZETTE. 755

Run 568, Block IV, Cairnhill Survey District: thence along that bank for a distance of approximately 2½ miles in a northerly direction generally to the northern boundary of the licensee’s claim at a point opposite the confluence of Half-mile Creek and the Clutha River: all being situated in the County of Vincent, in the Land District of Otago, and being more particularly delineated by means of a yellow line on plan marked P.W.D. 91431, deposited in the office of the Minister of Public Works at Wellington.

C. A. JEFFERY,
Clerk of the Executive Council.

(P.W. 26/2132.)

Order in Council consenting to the Raising of a Loan of £4,700 by the Waipa County Council and prescribing the Conditions thereof.

GALWAY, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 8th day of April, 1936.

Present:

His Excellency the Governor-General in Council.

WHEREAS the Waipa County Council (hereinafter called “the said local authority”) proposes, pursuant to the provisions of section three of the Main Highways Amendment Act, 1928, to borrow the sum of four thousand seven hundred pounds (£4,700) by a loan to be known as “Main Highways Loan, 1936” (hereinafter called “the said loan”), for the purpose of paying its proportion of the cost of improving that portion of the Kopu-Raglan Main Highway which lies in the County of Waipa, including constructing, forming, metalling, and surfacing the same, the erection and improvement of culverts therein, the taking and purchase of land, and the cost of materials and labour and all legal and survey costs:

Now, therefore, His Excellency the Governor-General of the Dominion of New Zealand, acting by and with the advice and consent of the Executive Council of the said Dominion, and in pursuance and exercise of the powers and authorities conferred on him by section eleven of the Local Government Loans Board Act, 1926, as set out in section twenty-nine of the Finance Act, 1932 (No. 2), and of all other powers and authorities enabling him in this behalf, doth hereby consent to the raising by the said local authority of the said loan for the said purpose up to the amount of four thousand seven hundred pounds (£4,700), and in giving such consent doth hereby determine as follows:—

(1) The term for which the said loan or any part thereof may be raised shall be seven (7) years.

(2) The rate of interest that may be paid in respect of the said loan or any part thereof shall be such as shall not produce to the lender or lenders a rate exceeding three pounds ten shillings (£3 10s.) per centum per annum.

(3) The said loan together with interest thereon shall be repaid by equal aggregate annual instalments extending over the term as determined in (1) above.

(4) No moneys shall be borrowed under this consent after the expiration of two years from the date hereof.

C. A. JEFFERY,
Clerk of the Executive Council.

(T. 49/155/14.)

Order in Council consenting to the Raising of a Loan of £594 by the Brunner Borough Council and prescribing the Conditions thereof.

GALWAY, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 8th day of April, 1936.

Present:

His Excellency the Governor-General in Council.

WHEREAS the Brunner Borough Council (hereinafter called “the said local authority”) proposes, pursuant to the provisions of section three of the Main Highways Amendment Act, 1928, to borrow the sum of five hundred and ninety-four pounds (£594) by a loan to be known as “Main Highways Loan, 1936” (hereinafter called “the said loan”), for the purpose of paying its proportion of the cost of sealing (including reconstructing, &c.), approximately four miles twenty-four chains of the Tuangalum Junction—Weheka Main Highway within the borough:

Now, therefore, His Excellency the Governor-General of the Dominion of New Zealand, acting by and with the advice and consent of the Executive Council of the said Dominion, and in pursuance and exercise of the powers and authorities conferred on him by section eleven of the Local Government Loans Board Act, 1926, as set out in section twenty-nine of the Finance Act, 1932 (No. 2), and of all other powers and authorities enabling him in this behalf, doth hereby consent to the raising by the said local authority of the said loan for the said purpose up to the amount of five hundred and ninety-four pounds (£594), and in giving such consent doth hereby determine as follows:—

(1) The term for which the said loan or any part thereof may be raised shall be five (5) years.

(2) The rate of interest that may be paid in respect of the said loan or any part thereof shall be such as shall not produce to the lender or lenders a rate exceeding three pounds ten shillings (£3 10s.) per centum per annum.

(3) The said loan, together with interest thereon, shall be repaid by equal aggregate annual instalments extending over the term as determined in (1) above.

(4) No moneys shall be borrowed under this consent after the expiration of two years from the date hereof.

C. A. JEFFERY,
Clerk of the Executive Council.

(T. 49/620.)

Order in Council consenting to the Raising of a Loan of £5,000 by the Bay of Islands Hospital Board and prescribing the Conditions thereof.

GALWAY, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 8th day of April, 1936.

Present:

His Excellency the Governor-General in Council.

WHEREAS the Bay of Islands Hospital Board (hereinafter called “the said local authority”), being desirous of raising the sum of five thousand pounds (£5,000) by a loan to be known as “Building Loan, 1935” (hereinafter called “the said loan”), for the purpose of making additions to the Kawakawa Hospital, has complied with the provisions of the Local Government Loans Board Act, 1926 (hereinafter called “the said Act”), and it is expedient that the precedent consent of the Governor-General in Council as required by the said Act should be given to the raising of the said loan:

Now, therefore, His Excellency the Governor-General of the Dominion of New Zealand, acting by and with the advice and consent of the Executive Council of the said Dominion, and in pursuance and exercise of the powers and authorities conferred on him by section eleven of the said Act, as set out in section twenty-nine of the Finance Act, 1932 (No. 2), and of all other powers and authorities enabling him in this behalf, doth hereby consent to the raising in New Zealand by the said local authority of the said loan for the said purpose up to the amount of five thousand pounds (£5,000), and in giving such consent doth hereby determine as follows:—

(1) The term for which the said loan or any part thereof may be raised shall not exceed seven (7) years.

(2) The rate of interest that may be paid in respect of the said loan or any part thereof shall be such as shall not produce to the lender or lenders a rate exceeding three pounds ten shillings (£3 10s.) per centum per annum.

(3) The said loan or any part thereof, together with interest thereon, shall be repaid by equal aggregate annual or half-yearly instalments extending over the term as determined in (1) above.

(4) The payment of such instalments and interest shall be made in New Zealand, and no instalment or interest shall be paid out of loan-moneys.

(5) The rate payable for brokerage, underwriting, and procurement fees in respect of the raising of the said loan or any part thereof shall not in the aggregate exceed one-half per centum of any amount raised.

(6) No moneys shall be borrowed under this consent after the expiration of two years from the date hereof.

(7) The whole of the net income received by the said local authority from the Duffus Trust Fund shall, during the currency of the said loan, be applied towards payment of the annual or half-yearly instalments specified in clause three hereof.

C. A. JEFFERY,
Clerk of the Executive Council.

(T. 49/640.)