JUNE 23.] THE NEW ZEALAND GAZETTE. 1501

Portion of Stuart Mill Street, in the City of Christchurch,
exempted from the Provisions of Section 128 of the Public
Works Act, 1928.

GALWAY, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 22nd day of
June, 1938.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

IN pursuance and exercise of the powers conferred by the
Public Works Act, 1928, and of all other powers in any-
wise enabling him in this behalf, 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, doth hereby approve of the following resolution
passed by the Christchurch City Council, viz.:

"The Christchurch City Council, being the local authority
having control of the streets in the City of Christchurch, by
resolution dated the thirty-first day of January, one
thousand nine hundred and thirty-eight, hereby declares
that the provisions of section one hundred and twenty-
eight of the Public Works Act, 1928, shall not apply to
that portion of street known as Stuart Mill Street adjoining
Certificates of Title 380/107 and 139/19";

such portion of street being described in the Schedule hereto.

SCHEDULE.

THE western side of all that portion of street, situated in the
Canterbury Land District, City of Christchurch, known as
Stuart Mill Street, fronting parts Rural Section 17, City of
Christchurch. As the same is more particularly delineated
on the plan marked P.W.D. 90062, deposited in the office of
the Minister of Public Works at Wellington, and thereon
coloured red.

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

(P.W. 51/2281.)

Cancelling the Reservation over a Reserve in City of Christchurch,
Canterbury Land District.

GALWAY, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 22nd day of
June, 1938.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

IN pursuance and exercise of the powers and authorities
conferred upon him by subsection one (b) of section
seven of the Public Reserves, Domains, and National Parks
Act, 1928, 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,
doth hereby revoke the reservation for public purposes over
the land described in the Schedule hereto, and doth hereby
declare that the said land, being vested in the body corporate
called the Mayor, Councillors, and Citizens of the City of
Christchurch, may be disposed of by the said body corporate
by way of sale by public auction or private contract at such
price and on such terms and conditions as the said body
corporate may determine, but so that the proceeds of any
such sale shall be used and applied in or towards the purchase
by the said body corporate of other land for public purposes
in the same locality.

SCHEDULE.

CANTERBURY LAND DISTRICT.

ALL that area containing by admeasurement 24 perches,
more or less, being Lot 13 on plan deposited in the Land
Registry Office at Christchurch as No. 8746, situated in the
City of Christchurch and bounded as follows: Towards the
south-east by Bouverley Street, 66·35 links; towards the
south-west by Lot 14, D.P. 8746, 225·9 links; towards the
north-west by Lot 1, D.P. 4821, 66·35 links; and towards
the north-east by part Rural Section 148 and Lot 12, D.P.
8746, 225·8 links. As the same is more particularly delineated
on the plan marked L. and S. 1/975/2A, deposited in the
Head Office, Department of Lands and Survey, at Wellington,
and thereon bordered red.

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

(L. and S. 1/975/2.)

Consenting to the Raising of a Loan of £10,000 by the Westland
Hospital Board and prescribing the Conditions thereof.

GALWAY, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 22nd day of
June, 1938.

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.

WHEREAS by Order in Council made on the twenty-
seventh day of March, one thousand nine hundred
and thirty-six, and subject to the determinations as to
borrowing and repayment therein set out, consent was given
to the raising in New Zealand by the Westland Hospital
Board (hereinafter called “the said local authority”) of the
sum of seventeen thousand pounds (£17,000) by a loan to be
known as “Buildings Extension Loan, 1933” (hereinafter
called “the said loan”):

And whereas the sum of ten thousand pounds (£10,000)
(hereinafter called “the said sum”) has not been raised:

And whereas the authority conferred by the said Order
in Council in respect of the said sum has lapsed in accordance
with the provisions of clause (6) thereof, and it is not now
lawful or competent for the said local authority to raise the
said sum except in accordance with the provisions of a further
Order in Council that may be issued pursuant to section
eleven of the Local Government Loans Board Act, 1926:

And whereas 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 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 upon him by section eleven of the Local Govern-
ment 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 in New Zealand by the said local
authority of the said sum up to the amount of ten thousand
pounds (£10,000), and in giving such consent doth hereby
determine as follows:—

(1) The term for which the said sum or any part thereof
may be raised shall not exceed ten (10) years.

(2) The rate of interest that may be paid in respect of the
said sum 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 sum or any part thereof, together with interest
thereon, shall be repaid as follows:—

(a) By twenty equal payments of three hundred and
forty-nine pounds fourteen shillings and fivepence
(£349 14s. 5d.), one of such payments to be made
at the end of every half-year commencing from the
date on which the said sum is raised. Each such
half-yearly payment shall be applied firstly in pay-
ment of interest computed at the rate of three
pounds ten shillings (£3 10s.) per centum per annum
on the amount of principal for the time being
outstanding at the beginning of each such half-
year, and the balance of such half-yearly payment
in reduction of such principal.

(b) By a payment at the end of the tenth year from the
date of the raising of the said sum of a sum equal
to the amount to which the principal has been
reduced in accordance with the preceding para-
graph (a) hereof after payment of the aforesaid
twenty (20) half-yearly payments.

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

(5) The rate payable for brokerage, underwriting, and
procuration fees in respect of the raising of the said sum 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.

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

(T. 49/365/1.)