522

THE NEW ZEALAND GAZETTE

[No. 34

Land set apart as an Endowment for Primary Education
[L.S.] C. L. N. NEWALL, Governor-General
A PROCLAMATION
In pursuance and exercise of the powers conferred by
subsection nine of section twelve of the Land Act, 1924,
I, Cyril Louis Norton Newall, the Governor-General of
the Dominion of New Zealand, do hereby proclaim and
declare that from and after the date hereof the land com-
prised in the pieces of closed road described in the First
Schedule hereto, being land which is adjacent to or inter-
secting the endowment for primary education described in
the Second Schedule hereto, shall be deemed to be added
to the said endowment.
FIRST SCHEDULE
All those areas in the Wellington Land District, Waimarino
County, containing by admeasurement a total area of 5 acres
3 roods 31.5 perches, more or less, being Sections 13 and
14, Block IX, Moawhango Survey District. As the same are
more particularly delineated on the plan marked L. and S.
16/1802/1c, deposited in the Head Office, Department of
Lands and Survey, at Wellington, and thereon coloured red.
(S.O. plan 20013.)
SECOND SCHEDULE
All that area in the Wellington Land District, Waimarino
County, containing by admeasurement, 5,993 acres 2 roods
6.3 perches, more or less, being part Run No. 4, situated in
Blocks V, IX; and XIII, Moawhango Survey District, and
being the residue of the land comprised and described in
Certificate of Title, Volume 157, folio 70, Wellington Regis-
try. As the same is more particularly delineated on
the plan marked L. and S. 16/1802/1D, deposited in the
Head Office, Department of Lands and Survey, at Welling-
ton, and thereon bordered purple.
Given under the hand of His Excellency the Governor-General
of the Dominion of New Zealand, and issued under the Seal
of that Dominion, this 7th day of May, 1943.
J. G. BARCLAY,
For the Minister of Lands.
GOD SAVE THE KING !
(L. and S. 16/1802/1.)
Consenting to the Borrowing of Moneys by the Waitara Borough
Council by way of Bank Overdraft
C. L. N. NEWALL, Governor-General
ORDER IN COUNCIL
At the Government Buildings at Wellington, this 5th day of May,
1943
Present:
THE RIGHT HON. P. FRASER PRESIDING IN COUNCIL
Whereas the Waitara Borough Council (hereinafter called
'the said local authority'), being desirous of borrowing
the sum of seven hundred pounds (£700) by way of bank overdraft
under the provisions of section seven of the Local Bodies' Finance
Act, 1921-22, by a loan to be known as "Wharf Flood Damage
Loan, 1942," for the purpose of erecting a protective bank along
the site of the old wharf, has complied with the provisions of the
Local Government Loans Board Act, 1926 (hereinafter called 'the
said Act'), and it is expedient that the precedent consent of the
Governor-General in Council, as required by the said Act, should
be given to the borrowing as aforesaid:
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 said Act, 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
borrowing of moneys by the said local authority by way of bank
overdraft under the said section seven up to the amount of seven
hundred pounds (£700), and in giving such consent doth hereby
determine as follows:-
(1) The term for which such moneys or any part thereof may
be borrowed shall not exceed four (4) years.
(2) The rate of interest payable from time to time shall not
exceed the current bank overdraft rate of interest to best customers.
(3) The moneys so borrowed shall be repaid by annual payments
of not less than one hundred and seventy-five pounds (£175) each.
(4) No amount payable as interest in respect of the said moneys
shall be paid out of loan-money.
(5) No moneys shall be borrowed under this authority after
the expiration of two years from the date hereof.
C. A. JEFFERY, Clerk of the Executive Council.
(T. 49/162/1.)
Varying the Determinations in respect of the Stratford Hospital Board's
Loan of £14,500
C. L. N. NEWALL, Governor-General
ORDER IN COUNCIL
At the Government Buildings at Wellington, this 5th day of May,
1943
Present:
THE RIGHT HON. P. FRASER PRESIDING IN COUNCIL
Whereas by Order in Council made on the eleventh day of
November, one thousand nine hundred and forty-two, and
subject to the determinations as to borrowing and repayment
therein set out, consent was given to the raising in New Zealand
by the Stratford Hospital Board (hereinafter referred to as 'the
said local authority'), of the sum of fourteen thousand five hundred
pounds (£14,500), by a loan to be known as 'Buildings and Heating
Services Extensions Loan, 1942' (hereinafter referred to as 'the
said loan'):
And whereas the authority conferred by the said Order in
Council has not yet been exercised, and it is expedient to vary
the determinations aforesaid in respect of the said loan:
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 loan by prescribing as follows:-
(1) In lieu of a rate of interest not exceeding three pounds ten
shillings (£3 10s.) per centum per annum, as specified in clause two
of the said Order in Council, the rate of interest that may be paid
in respect of the said loan shall be such as shall not produce to the
lender or lenders a rate exceeding three pounds seven shillings and
sixpence (£3 7s. 6d.) per centum per annum.
(2) In lieu of repayment by equal aggregate annual or half-
yearly instalments of principal and interest, as specified in clause
three of the said Order in Council, the said loan shall be repaid by
half-yearly instalments in the half-years set out in the first column
of the Schedule hereunder of the amounts set opposite each half-
year in the second column of the said Schedule. Each such half-
yearly instalment includes a repayment of principal amounting
to three hundred and sixty-two pounds ten shillings (£362 10s.)
and a half-year's interest calculated at the rate of three pounds
seven shillings and sixpence (£3 7s. 6d.) per centum per annum as
specified in clause one above, on the amount of principal outstanding
immediately prior to the date of payment of such instalment.
SCHEDULE
Half-year. Instalment. Half-year. Instalment.
£ s. d. £ s. d.
1st ... 607 3 9 21st ... 484 16 11
2nd ... 601 1 5 22nd ... 478 14 7
3rd ... 594 19 1 23rd ... 472 12 3
4th ... 588 16 9 24th ... 466 9 10
5th ... 582 14 5 25th ... 460 7 6
6th ... 576 12 1 26th ... 454 5 2
7th ... 570 9 9 27th ... 448 2 10
8th ... 564 7 4 28th ... 442 0 6
9th ... 558 5 0 29th ... 435 18 2
10th ... 552 2 8 30th ... 429 15 10
11th ... 546 0 4 31st ... 423 13 6
12th ... 539 18 0 32nd ... 417 11 1
13th ... 533 15 8 33rd ... 411 8 9
14th ... 527 13 4 34th ... 405 6 5
15th ... 521 11 0 35th ... 399 4 1
16th ... 515 8 7 36th ... 393 1 9
17th ... 509 6 3 37th ... 386 19 5
18th ... 503 3 11 38th ... 380 17 1
19th ... 497 1 7 39th ... 374 14 9
20th ... 490 19 3 40th ... 368 12 4
C. A. JEFFERY, Clerk of the Executive Council.
(T. 49/487/4.)
Authorizing the Laying-off of a Street (Extension of Logan Street),
in the Borough of Upper Hutt, of a Width less than 66 ft. but
not less than 45 ft.
C. L. N. NEWALL, Governor-General
ORDER IN COUNCIL
At the Government Buildings at Wellington, this 12th day of
May, 1943
Present:
THE HON. D. G. SULLIVAN PRESIDING IN COUNCIL
In pursuance and exercise of the powers vested in him by the
Municipal Corporations Act, 1933, and of all other powers in
anywise 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 authorize the Upper Hutt Borough Council to lay-off
the street described in the Schedule hereto of a width less than
sixty-six feet but not less than forty-five feet.