Authorizing the Borrowing by the Manurewa Borough Council
by way of Hypothecation of Debentures issued in respect of
Portion (£8,450) of a Loan of £8,950.

GALWAY, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 1st day of
May, 1940.
Present:
HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL.
WHEREAS by Order in Council made on the sixteenth
day of June, one thousand nine hundred and thirty-nine, consent was given to the raising in New Zealand by
the Manurewa Borough Council (hereinafter called “the
said local authority”) of the sum of eight thousand nine
hundred and fifty pounds (£8,950) by a loan to be known as
“Road and Footpath Loan, 1939” (hereinafter called “the
said loan”), 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 four pounds five shillings
(£4 5s.) per centum per annum:
And whereas the sum of eight thousand four hundred and
fifty pounds (£8,450) (hereinafter called “the said sum”)
has not yet been raised and 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 by 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 eight thousand four
hundred and fifty pounds (£8,450) 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 of eight thousand
four hundred and fifty pounds (£8,450) or any portion thereof
is borrowed by way of hypothecation pursuant to the authority
of this Order in Council, establish a sinking fund and shall
thereafter make payments to such sinking fund in accordance
with clause three of the aforesaid Order in Council of the
sixteenth day of June, one thousand nine hundred and thirty-nine, and in all respects as if such borrowing of the said sum
or part thereof 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. 49/278/7.)
Consenting to the Raising of a Loan of £9,000 by the Wairewa
County Council and prescribing the Conditions thereof.
GALWAY, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 1st day of
May, 1940.
Present:
HIS EXCELLENCE THE GOVERNOR-GENERAL IN COUNCIL.
WHEREAS the Wairewa County Council (hereinafter
called “the said local authority”) proposes, pursuant
to the provisions of section three of the Main Highways
Amendment Act, 1928, to borrow the sum of nine thousand
pounds (£9,000) by a loan to be known as “Main Highways
Loan, 1940” (hereinafter called “the said loan”), for the
purpose of paying its portion of the cost of reconstructing
and sealing the County’s section of the Christchurch–Akaroa
Main Highway:
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 consent
to the raising by the said local authority of the said loan for
the said purpose up to the amount of nine thousand pounds
(£9,000), and in giving such consent doth hereby determine
as follows:
(1) The term for which one-half of the said loan amounting
to four thousand five hundred pounds (£4,500) may be raised
shall be seven (7) years and the rate of interest that may be
paid in respect of this portion shall be such as shall not produce
to the lender a rate exceeding three pounds ten shillings
(£3 10s.) per centum per annum.
(2) The term for which the other half of the said loan
amounting to four thousand five hundred pounds (£4,500)
may be raised shall be ten (10) years and the rate of interest
that may be paid in respect of this portion shall be such as
shall not produce to the lender a rate exceeding four pounds
five shillings (£4 5s.) per centum per annum.
(3) The said loan or portions thereof together with interest
thereon as specified in (1) and (2) above shall be repaid by
equal aggregate annual instalments extending over the
respective terms as determined in (1) and (2) above.
(4) 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. 49/571.)
Licensing Joseph Augustus Perano to use and occupy a Portion
of Crown Land in Tory Channel as a Site for a Whale
Factory.
GALWAY, Governor-General.
ORDER IN COUNCIL.
At the Government House at Wellington, this 1st day of
May, 1940.
Present:
HIS EXCELLENCE THE GOVERNOR-GENERAL IN COUNCIL.
PURSUANT to the Whaling Industry Act, 1935, His
Excellency the Governor-General, acting by and with
the advice and consent of the Executive Council, doth hereby
license and permit Joseph Augustus Perano, of Whekenui
(hereinafter called “the licensee,” which term shall include
his executors, administrators, and assigns unless the context
requires a different construction), to use and occupy a portion
of the foreshore and land below low-water mark in Tory
Channel and Crown land adjacent thereto, as shown on
plans marked M.D. 5773 and 6148, approved on the
eighteenth day of February, one thousand nine hundred and
twenty-four, and the thirtieth day of March, one thousand
nine hundred and twenty-six, respectively, and deposited
in the office of the Marine Department at Wellington, for
the purpose of maintaining thereon a whale factory as shown
on the said plans, such license to be held and enjoyed by the
licensee upon and subject to the terms and conditions set
forth in the Schedule hereto.
SCHEDULE.

1. In these conditions the term—
   “Minister” means the Minister of Marine as defined
   by the Shipping and Seamen Act, 1908, and includes
   any officer, person, or authority acting by or under
   the direction of such Minister.
2. The concessions and privileges conferred by this Order
   in Council shall extend and apply only to that part of the
   Crown land required as a site for the said factory as shown
   on the plans marked M.D. 5773 and 6148.
3. In consideration of the concessions and privileges
   granted by this Order in Council, the licensee shall, on being
   supplied with a copy thereof, pay to the Minister the sum of
   £1 and thereafter an annual sum of £8 in advance, payable
   on the 1st day of April in each year.
4. His Majesty or the Governor-General, and all persons
   in the Government service acting in the execution of their
   duties, shall at all times have free ingress, passage, and
   egress into, through, and out of the said factory without
   payment.
5. The licensee shall maintain the above-mentioned factory
   in good order and repair.
6. Any person authorized by the Minister may at all
   reasonable times enter upon the said factory and view the
   state of repair thereof; and upon such Minister leaving at
   or posting to the last-known address of the licensee in New
   Zealand a notice in writing of any defect or want of repair