890 THE NEW ZEALAND GAZETTE [No. 60

Now, therefore, I, Cyril Louis Norton Newall, the Governor-General of the Dominion of New Zealand, in pursuance and exercise of the powers conferred by section four hundred and eighty-seven of the Native Land Act, 1931, do hereby proclaim as a public road the road described in the Schedule hereto.

SCHEDULE

APPROXIMATE area of the piece of land proclaimed as a road: 2 acres 0 roods 18 perches.

Being part Allotment 38B 3, Parish of Rangitaiki, Block IV, Whakatane Survey District. (N.L. plan 10105.)

In the Auckland Land District; as the same is more particularly delineated on the plan marked L. and S. 16/876B, deposited in the Head Office, Department of Lands and Survey, at Wellington, under No. 2914, and thereon coloured red.

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 26th day of July, 1943.

J. G. BARCLAY, Minister of Lands.

GOD SAVE THE KING!

(L. and S. 16/876.)

Assessors appointed under the Valuation of Land Act, 1925

C. L. N. NEWALL, Governor-General

ORDER IN COUNCIL

At the Government House at Wellington, this 28th day of July, 1943

Present:

His Excellency the Governor-General in Council

IN pursuance and exercise of the power and authority vested in him by the Valuation of Land Act, 1925, 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 appoint the following to be Assessors for the districts set opposite their names :—

Name. Land District.
Leonard James Brake .. .. North Auckland.
George Henry French .. .. Auckland.
Owen Edwin Bartram .. .. Gisborne.
Richard Erle Bunny .. .. Hawke’s Bay.
William Pannett Nicoll .. .. Taranaki.
William Rankin Birnie .. .. Wellington.
Arthur John Murray .. .. Marlborough.
Alfred Gould .. .. Nelson.
Colin McIntosh .. .. Canterbury.
Mark Wallace .. .. Westland.
Alfred Clark .. .. Otago.
Michael John Hickey .. .. Southland.

To act as Deputy.

Harry Oswald Mellsop .. .. North Auckland.

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

Consenting to the Raising of a Loan of £200,000 by the Auckland Harbour Board and prescribing the Conditions thereof

C. L. N. NEWALL, Governor-General

ORDER IN COUNCIL

At the Government House at Wellington, this 21st day of July, 1943

Present:

His Excellency the Governor-General in Council

WHEREAS the Auckland Harbour Board (hereinafter called “the said local authority”), being desirous of raising a loan of two hundred thousand pounds (£200,000), to be known as “Harbour Loan, 1937, £1,000,000: Third Issue, 1943, £200,000” (hereinafter called “the said loan”), for the purpose of carrying out works set out in “the Schedule to the Auckland Harbour Board Loan and Empowering Act, 1937, and in particular the construction of an export wharf and related works, 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 raising 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 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 raising in New Zealand by the said local authority of the said loan for the said purpose up to the amount of two hundred thousand pounds (£200,000), and in giving such consent doth hereby determine as follows :—

(1) The term for which the said loan or any part thereof may be raised shall not exceed twenty (20) years.

(2) The rate of interest that may be paid in respect of the said loan 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 local authority shall, before raising the said loan or any part thereof, make provision for the repayment thereof by establishing a sinking fund under the Local Bodies’ Loans Act, 1926, or under such other statutory enactment as may be applicable, and shall thereafter make payments to such sinking fund at intervals of not more than one year at a rate or rates per centum which shall be not less than three pounds ten shillings and ninepence (£3 10s. 9d.), such payments to be made in respect of every part of the said loan for the time being so borrowed and not repaid, the first such payment to be made not later than one year after the first day from which interest to the lender or lenders is computed on the said loan or any part thereof so raised.

(4) The payment of interest and the repayment of principal in respect of the said loan shall be made in New Zealand.

(5) No amount payable as either interest or sinking fund in respect of the said loan shall be paid out of loan-moneys.

(6) The rate payable for brokerage, underwriting, and procurement fees in respect of the raising of the said loan or any part thereof shall not in the aggregate exceed one-half per centum of any amount raised.

(7) 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. 49/260/18.)

Consenting to the Raising of a Loan of £27,000 by the Mount Eden Borough Council and prescribing the Conditions thereof

C. L. N. NEWALL, Governor-General

ORDER IN COUNCIL

At the Government House at Wellington, this 21st day of July, 1943

Present:

His Excellency the Governor-General in Council

WHEREAS under the authority of clause sixteen of the Mount Eden Borough Loans Conversion Order, 1934 (No. 1), the Mount Eden Borough Council (hereinafter called “the said local authority”) stipulated in certain of the securities issued pursuant to such Order for the redemption thereof at the option of the said local authority on such date prior to that specified in the said securities as the said local authority might fix by notice in that behalf to be published in the Gazette at least six (6) months before such prior date :

And whereas the said local authority proposes, in exercise of the said option, to redeem on the first day of April, one thousand nine hundred and forty-four, certain of such securities amounting in the aggregate to the sum of twenty-seven thousand pounds (£27,000), the date specified in such securities for the redemption thereof being the first day of April, one thousand nine hundred and forty-nine :

And whereas the said local authority, being desirous, in order to give effect to such proposal, of raising a loan of twenty-seven thousand pounds (£27,000), to be known as “Mount Eden Redemption Loan, 1944” (hereinafter called “the said loan”), has complied with the provisions of the Local Government Loans Board Act, 1926, and it is expedient that the precedent consent of the Governor-General in Council, as required by such Act, should be given to the raising 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 consent to the raising in New Zealand by the said local authority of the said loan for the said purpose up to the amount of twenty-seven thousand pounds (£27,000), and in giving such consent doth hereby determine as follows :—

(1) The term for which the said loan or any part thereof may be raised shall not exceed five (5) years.

(2) The rate of interest that may be paid in respect of the said loan 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 loan shall be repaid on the first day of April, one thousand nine hundred and forty-nine.

(4) It shall not be necessary to establish a separate sinking fund for the redemption loan of twenty-seven thousand pounds (£27,000), and the proviso to subsection three of section thirty-two of the Finance Act, 1938 (as set out in subsection two of section twenty-nine of the Finance Act, 1941), shall apply, and accordingly the provisions of subclause two of clause twenty-one of the Mount Eden Borough Loans Conversion Order, 1934 (No. 1), shall be construed as if the debentures amounting to twenty-seven thousand pounds (£27,000) redeemed on the first day of April, one thousand nine hundred and forty-four, had not been redeemed as at that date but had been redeemed on the date specified in clause three hereof.

(5) The payment of interest and instalments of principal in respect of the said loan shall be made in New Zealand, and no amount payable as interest or principal shall be paid out of loan-moneys.

(6) The amount payable for brokerage, underwriting, or procurement fees in respect of the raising of the said loan or any part thereof shall not exceed in the aggregate one-quarter per centum of any amount raised.

(7) 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. 49/208/9.)