MAY 11.] THE NEW ZEALAND GAZETTE. 1447

Varying the Determinations in respect of Loans or Portions thereof being raised by certain Local Authorities.

GALWAY, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 10th day of May, 1939.

Present:

His Excellency the Governor-General in Council.

WHEREAS by Orders in Council made on the respective dates specified in the third column of the Schedule hereto consent was given to the raising by the respective local authorities enumerated in the first column of the said Schedule of the respective loans stated in the second column of the said Schedule, subject in each case to the determinations set forth in such Orders in Council:

And whereas in respect of the amount of each such loan the sum specified in the fourth column of the said Schedule opposite such loan (hereinafter referred to as “the said sum”) has not yet been raised, and it is expedient to vary the determinations in respect of each such loan in so far as such determinations apply 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 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, in respect of each loan referred to in the Schedule hereto, vary certain of the aforesaid determinations in respect of the raising of such loan in so far as such determinations apply to the raising of the said sum by prescribing that in lieu of repayment of the said sum as specified in the Order in Council authorizing the raising of such loan the said sum shall be repaid as follows:—

(a) By twenty equal payments of the amount stated in the fifth column of the said Schedule opposite such loan, 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 payment 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 half-year in respect of such sum, 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 of the said sum has been reduced in accordance with the preceding paragraph (a) hereof after payment of the aforesaid twenty (20) half-yearly payments.

SCHEDULE.

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

(T. 40/416/6.)

Varying the Determinations in respect of the Greymouth Borough Council’s Loans of £1,000, £8,200, and £600.

GALWAY, Governor-General.
ORDER IN COUNCIL.

At the Government House at Wellington, this 10th day of May, 1939.

Present:

His Excellency the Governor-General in Council.

WHEREAS by Orders in Council made on the thirtieth day of January, one thousand nine hundred and thirty-nine, and the fifteenth day of March, one thousand nine hundred and thirty-nine, and subject to the determinations as to borrowing and repayment therein set out, consents were given to the raising in New Zealand by the Greymouth Borough Council (hereinafter called “the said local authority”) of sums of one thousand pounds (£1,000), eight thousand two hundred pounds (£8,200), and six hundred pounds (£600) by loans to be known as “Omoto Road Slip Loan, 1938,” “Unemployment Relief Loan, 1938,” and “Omoto Road Widening Loan, 1938,” respectively (hereinafter called “the said respective loans”):

And whereas the authorities conferred by the said Orders in Council have not yet been exercised, and it is expedient to vary the determinations aforesaid in respect of the said respective loans:

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 vary the determinations aforesaid in respect of the said respective loans by prescribing that in lieu of provision being made for the repayment of the said respective loans by the establishment of sinking funds in respect thereof the said respective loans shall be repaid by equal aggregate annual or half-yearly instalments of principal and interest extending over the term of ten (10) years.

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

(T. 49/231/15, 16, and 17.)

Trustees of Martinborough Public Cemetery appointed.

GALWAY, Governor-General.

IN pursuance and exercise of the powers and authorities vested in me by section fifty-five of the Cemeteries Act, 1908, I, George Vere Arundell, Viscount Galway, Governor-General of the Dominion of New Zealand, do hereby appoint

The Featherston County Council

to be trustees of the Martinborough Public Cemetery as described in the Schedule hereto, and to have the control and management of the said cemetery.

SCHEDULE.

MARTINBOROUGH PUBLIC CEMETERY.

ALL that parcel of land in the Wellington Land District containing by admeasurement 10 acres, more or less, being part of Section No. 1, Wharekaka Block, Wairarapa District.

As witness the hand of His Excellency the Governor-General, this 4th day of May, 1939.

P. FRASER, Minister of Health.

(H.C. 39/7.)