Mar. 3.] THE NEW ZEALAND GAZETTE. 393

Appointment of Member of Adjustment Commission.

GALWAY, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 24th day of February, 1938.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

IN pursuance and exercise of the powers conferred upon him by section twenty-four of the Mortgagors and Lessees Rehabilitation Act, 1936, and of all other powers and authorities enabling him in this behalf, His Excellency the Governor-General of the Dominion of New Zealand, acting by and with the advice of the Executive Council of the said Dominion, doth hereby appoint William McKenzie, Esquire, of New Plymouth, to be a member of the Taranaki (Rural) Adjustment Commission, in place of Mr. C. Foreman, resigned.

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

Altering Representation of certain Districts on the Whangarei Harbour Board and appointing Principal Authority.

GALWAY, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 23rd day of February, 1938.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS it is provided by section thirty-one of the Harbours Act, 1923 (hereinafter called “the said Act”), that the creation, abolition, merger, union, division, or other alteration of any constituent district or combined district shall not in itself have any operation so as to affect the then existing membership of a Harbour Board, and that the Governor-General may from time to time, by Order in Council, whenever in his opinion it becomes necessary or expedient so to do, make such provision with respect to the representation of any part of any rating-area or constituent or combined district as he thinks fit:

And whereas it is inter alia provided in the First Schedule to the said Act that three members of the Whangarei Harbour Board shall be elected by the electors of the County of Whangarei:

And whereas the Kamo Town District no longer forms part of the County of Whangarei, and it is expedient to make provision for the representation of the said town district:

And whereas it is expedient for the electors of the Hikurangi Town District and of the Kamo Town District to combine for the purpose of electing a representative to the Whangarei Harbour Board:

Now, therefore, His Excellency the Governor-General of the Dominion of New Zealand, in pursuance and exercise of the power and authority conferred upon him by the said Act, and of all other powers and authorities enabling him in that behalf, and acting by and with the advice and consent of the Executive Council of the said Dominion, doth hereby order and declare that one member of the Whangarei Harbour Board shall be elected by the electors of the Hikurangi Town District and of the Kamo Town District, in lieu of one member by the electors of the Hikurangi Town District, and doth hereby select and appoint the Hikurangi Town Board to be the principal authority for the purpose of such elections by the electors of the said combined district.

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

Authorizing the Borrowing by the Napier Borough Council by Way of Hypothecation of Debentures issued in respect of a Loan of £4,500.

GALWAY, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 23rd day of February, 1938.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS by Order in Council made on the twenty-third day of December, one thousand nine hundred and thirty-six, consent was given to the raising in New Zealand by the Napier Borough Council (hereinafter called “the said local authority”) of the sum of four thousand five hundred pounds (£4,500), being portion of the “Earthquake Damage Repair Loan (No. 3), 1932,” of £59,400, such consent being given subject to the determinations as to borrowing and repayment therein set out, including inter alia, the provision that the rate of interest that might be paid in respect of the said loan or any part thereof should be such as should not produce to the lender or lenders a rate or rates exceeding three pounds ten shillings (£3 10s.) per centum per annum:

And whereas the authority has not been exercised to the extent of four thousand three hundred pounds (£4,300) (hereinafter called “the said sum”):

And whereas the said local authority, pending the raising of the said sum in accordance with the said determinations, is desirous of borrowing the said amount or part thereof by hypothecation or mortgage pursuant to section thirty-four of the Local Bodies’ Loans Act, 1926, of the debentures authorized to be issued in respect of the said sum:

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 seven of the Local Authorities Interest Reduction and Loans Conversion Act, 1932–33, and of section eight of the Local Authorities Interest Reduction and Loans Conversion Amendment Act, 1933, and of all other powers and authorities enabling him in this behalf, doth hereby consent to the said local authority, pending the raising of the said sum in accordance with the said determinations, borrowing the said sum of four thousand three hundred pounds (£4,300) or any part thereof by the hypothecation or mortgage of the said debentures at a rate of interest not exceeding four pounds ten shillings (£4 10s.) per centum per annum, and hereby prescribes that the said local authority shall, before the said sum or any portion thereof is borrowed by way of hypothecation pursuant to the authority of this Order in Council, establish a sinking fund and make payments thereto in accordance with the terms of clause three of the aforesaid Order in Council of the twenty-third day of December, one thousand nine hundred and thirty-six, and in all respects as if such borrowing of the said sum of four thousand three hundred pounds (£4,300) by way of hypothecation were the raising of a loan within the meaning of that clause.

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

(T. 49/147/6.)

Consenting to the Raising of a Loan of £12,000 by the Timaru Borough Council and prescribing the Conditions thereof.

GALWAY, Governor-General.

ORDER IN COUNCIL.

At the Government House at Wellington, this 23rd day of February, 1938.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS the Timaru Borough Council (hereinafter called “the said local authority”) being desirous of raising the sum of twelve thousand pounds (£12,000) by a loan to be known as Timaru Kerbing and Channelling Loan, 1938” (hereinafter called “the said loan”), for the purpose of kerbing and channelling streets within the Borough, 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 twelve thousand pounds (£12,000), 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 eleven (11) 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.