1998

THE NEW ZEALAND GAZETTE.

[No. 66

FIRST SCHEDULE.

LOANS TO BE CONVERTED.

*Less amount of principal repaid to date of conversion.

SECOND SCHEDULE.

FORMS.

(1) Notice.

JOHNSONVILLE TOWN BOARD.

CONVERSION under the Local Authorities Interest Reduction and Loans Conversion Act, 1932-33, section 20 of the Finance Act (No. 2), 1935, and the Johnsonville Town Board Loans Conversion Order, 1938, 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 with the consent of the holder thereof the Johnsonville Town Board 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 3rd day of October, 1938.

Consent to conversion, if given, must be made in writing on or before the 3rd day of October, 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.

No. __.

(2) New Debenture.

JOHNSONVILLE TOWN BOARD, 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 Johnsonville Town Board Loans Conversion Order, 1938. New debenture for £__, payable at __, New Zealand, on the __ day of __, 19__, issued by the Johnsonville Town Board, 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.)

On presentation of this debenture at __, in New Zealand, on or after the __ day of __, 19__, the bearer thereof will be entitled to receive £__.

Issued under the common seal of the Johnsonville Town Board, the __ day of __, 1938.

[L.S.]

A.B., Chairman.

C.D., Treasurer [or other officer appointed for the purpose].

(3) Resolution making Special Rate.

In pursuance and exercise of the powers vested in it in that behalf by Part II of the Local Authorities Interest Reduction and Loans Conversion Act, 1932-33, and the Johnsonville Town Board Loans Conversion Order, 1938, the Johnsonville Town Board hereby resolves as follows:—

That, for the purpose of providing the half-yearly instalments of principal and interest in respect of the new securities authorized to be issued by the Johnsonville Town Board under the above-mentioned Act and Order in conversion of existing securities issued in respect of the loans set out in the First Schedule to that Order, the said Johnsonville Town Board hereby makes and levies a special rate of [State amount in the pound] upon the rateable value on the basis of [State whether capital, unimproved, or annual] value of all rateable property comprised in the district, and that such special rate shall be an annually recurring rate during the currency of such securities, and be payable half-yearly on the __ day of __ and the __ day of __ [or yearly on the __ day of __] in each and every year until the last maturity date of such securities, being the __ day of __, 19__, or until all such securities are fully paid off.

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

(T. 49/351/2.)