Consenting to the Raising of Loans of £4,300 and £3,800 by the
Geraldine Borough Council and prescribing the Conditions
thereof
B C. FREYBERG, Governor-General
By his Deputy,
H. F. O'LEARY
ORDER IN COUNCIL
At the Government House at Wellington, this 14th day of
July, 1948
Present:
His Excellency THE GOVERNOR-GENERAL IN COUNCIL
WHEREAS the Geraldine Borough Council (hereinafter called
the said local authority), being desirous of raising the
respective loans set out in the first column of the Schedule hereto,
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 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 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 respective
loans set out in the first column of the said Schedule up to the
respective amounts specified in the second column of the said
Schedule, and in giving such consent doth hereby determine as
follows :—
(1) The terms for which the said loans or any parts thereof
may be raised shall be the respective terms (in years) stated in the
third column of the said Schedule.
(2) The rates of interest that may be paid in respect of the
said loans or any parts thereof shall be such as shall not produce
to the lender or lenders a rate or rates exceeding the respective
rates per centum per annum stated in the fourth column of the
said Schedule.
(3) The said local authority shall, before raising the said
respective loans or any parts thereof, make provision for the
repayment thereof by establishing sinking funds under the Local
Bodies’ Loans Act, 1926, or under such other statutory enactment
as may be applicable in any respective case, and shall thereafter
make payments to such sinking funds at intervals of not more than
one year at a rate or rates per centum which shall be not less than
the respective rates stated in the fifth column of the said Schedule,
such payments to be made in respect of every part of the said
respective loans for the time being so borrowed and not repaid,
the first such payment in each respective case to be made not later
than one year after the first day from which interest to the lender
or lenders is computed on any loan or part thereof so raised.
(4) No amount payable as either interest or sinking fund in
respect of the said loans shall be paid out of loan-moneys.
(5) The rate payable for brokerage, underwriting, and pro-
curation fees in respect of the raising of the said respective loans
or any parts thereof shall not in the aggregate exceed one-half
per centum of any amount raised.
(6) The payment of interest and repayment of principal in
respect of the said loans shall be made in New Zealand.
(7) No moneys shall be borrowed under this consent after the
expiration of two years from the date hereof.
SCHEDULE
First Column.
Name of Loan.
Second
Column.
Amount
of Loan.
£
Third
Column.
Term of
Loan
(Years).
Fourth
Column
Rate of
Interest.
£ s. d.
Fifth
Column.
Rate of
Sinking
Fund.
£ s. d.
Streets and Footpaths Con-
struction and Sealing Loan,
1947
Kerbing and Channelling
Loan, 1947
4,300
3,800
12
30
3 5 0
3 5 0
6 18 11
2 0 4
T. J. SHERRARD, Clerk of the Executive Council.
(T. 49/110/2.)
Directing the Sale of Land in Block V, East Taieri Survey District
B. C. FREYBERG, Governor-General
By his Deputy,
H. F. O'LEARY
ORDER IN COUNCIL
At the Government House at Wellington, this 21st day of
July, 1948
Present:
His Excellency THE GOVERNOR-GENERAL IN COUNCIL
Pursuant to the Public Works Act, 1928, 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 direct the sale of the land described
in the Schedule hereto, such land being no longer required for the
purpose for which it was acquired.
SCHEDULE
Approximate area of the piece of land directed to be sold : 1 acre
2 roods 16 perches.
Being part Section 9.
Situated in Block V, East Taieri Survey District (Otago R.D.).
(S.O. 2293.)
In the Otago Land District; as the same is more particularly
delineated on the plan marked P.W.D. 102046, deposited in the
office of the Minister of Works at Wellington, and thereon coloured
blue.
T. J. SHERRARD, Clerk of the Executive Council.
(P.W. 23/432/4/2.)
Directing the Sale of Land in Block IX, Pomahaka Survey District
B. C. FREYBERG, Governor-General
By his Deputy,
H. F. O'LEARY
ORDER IN COUNCIL
At the Government House at Wellington, this 21st day of
July, 1948
Present:
His Excellency THE GOVERNOR-GENERAL IN COUNCIL
Pursuant to the Public Works Act, 1928, 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 direct the sale of the land described
in the Schedule hereto, such land being no longer required for the
purpose for which it was acquired.
SCHEDULE
Approximate area of the piece of land directed to be sold : 9 acres
1 rood 15 perches.
Being part Lot 14, D.P. 1133, being part Section 14.
Situated in Block IX, Pomahaka Survey District (Otago R.D.).
(S.O. 9564.)
In the Otago Land District; as the same is more particularly
delineated on the plan marked P.W.D. 125418, deposited in the
office of the Minister of Works at Wellington, and thereon coloured
sepia.
T. J. SHERRARD, Clerk of the Executive Council.
(P.W. 70/17/61/0.)
Appointing the Governor of the Reserve Bank of New Zealand
B. C. FREYBERG, Governor-General
By his Deputy,
H. F. O'LEARY
ORDER IN COUNCIL
At the Government House at Wellington, this 21st day of
July, 1948
Present:
His Excellency THE GOVERNOR-GENERAL IN COUNCIL
In pursuance and exercise of the powers and authorities conferred
upon him by section twenty-five of the Reserve Bank of New
Zealand Act, 1933 (hereinafter referred to as the said Act), and
of every other power thereunto him enabling, 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
Edward Coldham Fussell, Esquire, B.A.,
to be the Governor of the Reserve Bank of New Zealand, to hold
office, subject to the provisions of the said Act, commencing on
the twenty-first day of July, one thousand nine hundred and
forty-eight.
T. J. SHERRARD, Clerk of the Executive Council.
Setting apart Maori Land as a Maori Reservation
B. C. FREYBERG, Governor-General
By his Deputy,
H. F. O'LEARY
ORDER IN COUNCIL
At the Government House at Wellington, this 14th day of
July, 1948
Present:
His Excellency THE GOVERNOR-GENERAL IN COUNCIL
Pursuant to section five of the Maori Purposes Act, 1937,
His Excellency the Governor-General, acting by and with the
advice and consent of the Executive Council, doth hereby set apart
and reserve the Maori freehold land described in the Schedule hereto
as a Maori reservation for the common use of the Ngati-Iti and
Ngati-Puketapu hapus as a meeting-place and marae.
SCHEDULE
Block. Area. Survey District.
A R. P.
Kai Iwi Ic 3 0 24 XI, Nukumaru.
T. J. SHERRARD, Clerk of the Executive Council.
(N.D. 21/3/80.)