Loan Conversion Details




942

THE NEW ZEALAND GAZETTE.

FIRST SCHEDULE.
LOANS TO BE CONVERTED.

Name. Amount. Rate of Interest. Date of Maturity.
Original. Existing.
Okahu Roads Loan £550* 3½ Per Cent. 3½ Per Cent.
Tangaihi Wharf Loan 300*
Awakino Point Roads Loan 1,500*
Awakino Point Roads Loan 1,500*
Awakino Point Roads Loan 130*
Omana Roads Loan 1,150*
Omana Roads Loan 2,000*
Omana Roads Loan 2,000*
Omana Roads Loan 1,000*
Omana Roads Loan 100*
Hore Hore Roads Loan 1,000*
Hore Hore Roads Loan 2,000*
Dargaville - Whangarei Road Loan 4,000*
Dargaville - Whangarei Road Loan 400*
Aratapu-Dargaville Road Loan 1,500*
Aratapu-Dargaville Road Loan 150*
Kaihu Bridge Road Loan 1,000*
Tangiteroria Roads Loan 875*
Tangiteroria Roads Loan 2,625*
Avoca Roads Loan 1,500*
Tangowahine Valley Road Loan 3,000*
Katui-Donnelly's Road Loan 1,000*
Katui-Donnelly's Road Loan 2,000*
Dargaville-Katui Road Loan 2,000*
Dargaville-Katui Road Loan 1,000*
Dargaville-Katui Road Loan 1,000*
Bayly's Road Loan 1,000*
Bayly's Road Loan 1,000*
Taita Road Loan 2,800*
Mititai-Hore Hore Road Loan 1,000*
Mititai-Hore Hore Road Loan 1,000*
Mititai-Hore Hore Road Loan 200*
Mititai-Toka Toka Road Loan 750*
Mititai-Toka Toka Road Loan 75*
Kopuru Roads Loan 1,000*
Waimata Roads Loan 1,500*
Maungaru Roads Loan 1,000*
Maungaru Roads Loan 1,000*
Hoanga Road Loan 500*
Total £48,105
  • Less amount of principal repaid up to date of conversion.

SECOND SCHEDULE.

FORMS.

(1) Notice.

HOBSON COUNTY COUNCIL.

CONVERSION under the Local Authorities Interest Reduction and Loans Conversion Act, 1932-33, section 20 of the Finance Act (No. 2), 1935, and the Hobson County Loans Conversion Order, 1938 (No. 2), of debentures or other securities issued in respect of the following loans [Particulars of loans].

Notice is hereby given to the holder of debentures or other securities issued in respect of the above-mentioned loans that with the consent of the holder thereof the Hobson County Council intends to convert all such debentures or other securities into new debentures having new maturity dates and bearing interest at 3½ per cent. per annum.

The conversion will take effect from the 1st day of September, 1938.

Consent to conversion, if given, must be made in writing on or before the 1st day of September, 1938, and when given shall be irrevocable.

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 , 1938.

Chairman.

(2) New Debenture.

HOBSON COUNTY COUNCIL, NEW ZEALAND.

New debenture, issued pursuant to Part II of the Local Authorities Interest Reduction and Loans Conversion Act, 1932-33, section 20 of the Finance Act (No. 2), 1935, and the Hobson County Loans Conversion Order, 1938 (No. 2). New debenture for £ , payable at , New Zealand, on the day of 19 , issued by the Hobson County Council, New Zealand, under the above-mentioned Acts and Order pursuant to a resolution passed and confirmed by the said Council as provided by section 9 (2) of the said Local Authorities Interest Reduction and Loans Conversion Act, 1932-33.

(N.B.—The holder of this debenture has no claim in respect thereof upon the Government or public revenues of New Zealand.)

[No. 30



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💰 Hobson County Loans Conversion Order, 1938 (No 2) (continued from previous page)

💰 Finance & Revenue
12 April 1938
Loan Conversion, Local Authority, Hobson County, State Advances Corporation