Consenting to the Assignment to George Leidge Kirkpatrick, of Christchurch, Refrigeration Engineer, by the Mount Harper Ice Skating Club (Incorporated), of its Rights, Powers, and Privileges Under an Order in Council Dated the 15th March, 1939

B. C. FREYBERG, Governor-General
ORDER IN COUNCIL
At the Government House at Wellington, this 3rd day of August, 1949
Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL
PURSUANT to the Public Works Act, 1928, His Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, doth hereby consent to the assignment to George Leidge Kirkpatrick, of Christchurch, Refrigeration Engineer, by the Mount Harper Ice Skating Club (Incorporated), of its rights, powers, and privileges under an Order in Council dated the fifteenth day of March, one thousand nine hundred and thirty-nine, and published in the Gazette on the twenty-third day of the same month, at page 707, authorizing Wyndham Ewen Barker, of Mount Harper, Rink-owner, to use water for the purpose of generating electricity, which rights, powers, and privileges were previously assigned by the said Wyndham Ewen Barker to the said Mount Harper Ice Skating Club (Incorporated).

T. J. SHERRARD,
Clerk of the Executive Council.
(S.H.D. 11/20/55.)

Consenting to the Raising of a Loan of £11,000 by the Onehunga Borough Council and Prescribing the Conditions Thereof

B. C. FREYBERG, Governor-General
ORDER IN COUNCIL
At the Government House at Wellington, this 6th day of July, 1949
Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL
WHEREAS the Onehunga Borough Council (hereinafter called the said local authority) proposes, pursuant to the terms of a requisition issued under section twenty-two of the Health Act, 1920, to raise a loan of eleven thousand pounds (£11,000) to be known as “Water Treatment Plant Loan, 1949” (hereinafter called the said loan), for the purpose of providing waterworks for the additional chlorination of the Onehunga Borough water-supply :
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 eleven thousand pounds (£11,000), 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-five (25) 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 or rates exceeding three pounds five shillings (£3 5s.) per centum per annum.
(3) The said loan or any part thereof, together with interest thereon, shall be repaid by equal aggregate annual or half-yearly instalments extending over the term as determined in (1) above.
(4) The payment of such instalments shall be made in New Zealand and no instalments shall be paid out of loan-moneys.
(5) 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.
(6) No moneys shall be borrowed under this consent after the expiration of two years from the date hereof.

T. J. SHERRARD,
Clerk of the Executive Council.
(T. 49/119.)

Consenting to the Raising of a Loan of £24,000 by the Timaru City Council and Prescribing the Conditions Thereof

B. C. FREYBERG, Governor-General
ORDER IN COUNCIL
At the Government House at Wellington, this 27th day of July, 1949
Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL
WHEREAS the Timaru City Council (hereinafter called the said local authority), being desirous of raising a loan of twenty-four thousand pounds (£24,000) to be known as “Northern Extension (Drainage and Street Improvement) Loan, 1948” (hereinafter called the said loan), for the purpose of providing watermains, sewers, stormwater drainage, kerbing and channelling, footpaths, and streets in the area recently taken into the city, 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 twenty-four thousand pounds (£24,000), 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 thirty (30) 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 or rates exceeding three pounds five shillings (£3 5s.) per centum per annum.
(3) The said loan or any part thereof shall be repaid by equal annual instalments of principal extending over the term of the loan as determined in (1) above.
(4) The payment of interest and principal in respect of the said loan shall be made in New Zealand.
(5) No amount payable either as interest or as principal 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.

T. J. SHERRARD,
Clerk of the Executive Council.
(T. 49/306/25.)

Consenting to the Raising of a Loan of £28,500 by the Timaru City Council and Prescribing the Conditions Thereof

B. C. FREYBERG, Governor-General
ORDER IN COUNCIL
At the Government House at Wellington, this 27th day of July, 1949
Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL
WHEREAS the Timaru City Council (hereinafter called the said local authority) being desirous of raising a loan of twenty-eight thousand five hundred pounds (£28,500) to be known as “Plant (Works and Water) Loan, 1948” (hereinafter called the said loan) for the purpose of purchasing plant and housing same, 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 twenty-eight thousand five hundred pounds (£28,500), 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 be ten (10) 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 or rates exceeding three pounds five shillings (£3 5s.) per centum per annum.
(3) The said loan or any part thereof shall be repaid by the annual redemption of debentures in the years set out in the first column of the Schedule hereunder of the amounts stated opposite each such year in the second column of the said Schedule.

SCHEDULE OF REDEMPTIONS
| First Column. | Second Column. || First Column. | Second Column. |
|---------------|----------------||----------------|----------------|
| 1st year      | 2,800          || 6th year       | 2,900          |
| 2nd year      | 2,900          || 7th year       | 2,800          |
| 3rd year      | 2,800          || 8th year       | 2,900          |
| 4th year      | 2,900          || 9th year       | 2,800          |
| 5th year      | 2,800          || 10th year      | 2,900          |

(4) The payment of interest and redemptions in respect of the said loan shall be made in New Zealand.
(5) No amount payable either as interest or as a redemption 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.

T. J. SHERRARD,
Clerk of the Executive Council.
(T. 49/306/26.)