10
THE NEW ZEALAND GAZETTE
[No. 1

Authorizing the Laying-off of Blake Street (Extension) in the Borough
of Rangiora, Subject to a Condition as to the Building-line

B. C. FREYBERG, Governor-General
ORDER IN COUNCIL
At the Government Buildings at Wellington, this 20th day of
December, 1950
Present:
THE HON. K. J. HOLYOAKE PRESIDING IN COUNCIL

Pursuant to section 31 of the Municipal Corporations Amend-
ment Act, 1948, and section 125 of 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, doth hereby authorize the Rangiora Borough Council to
permit the laying-off of the proposed street described in the Schedule
hereto at a width for the whole of its length of less that 66 feet, but
not less than 41 feet 10 inches, subject to the condition that no building
or part of a building shall at any time be erected on the land shown
edged green on the plan marked P.W.D. 133910, referred to in the
said Schedule, within a distance of 40 feet from the centre-line of
the said street.

SCHEDULE

That proposed street in the Canterbury Land District, Borough of
Rangiora, being an extension of Blake Street, containing by
admeasurement 15 perches, more or less, being part Lot 1, D.P. 2583,
part Rural Section 1019. As the same is more particularly delineated
on the plan marked P.W.D. 133910, deposited in the office of the
Minister of Works at Wellington, and thereon coloured red.

T. J. SHERRARD,
Clerk of the Executive Council.

(P.W. 51/3400.)

Cancelling a Condition as to Setting-back the Building-line of a Street
off Market Road, in the Borough of One Tree Hill, Imposed by
Order in Council Under the Municipal Corporations Act, 1933,
and the Public Works Act, 1928

B. C. FREYBERG, Governor-General
ORDER IN COUNCIL
At the Government Buildings at Wellington, this 20th day of
December, 1950
Present:
THE HON. K. J. HOLYOAKE PRESIDING IN COUNCIL

Pursuant to section 27 of the Public Works Amendment
Act, 1948, His Excellency the Governor-General of the
Dominion of New Zealand, acting by and with the advice and consent
of the Executive Council, doth hereby amend the Order in Council
dated the 12th day of January, 1949, and published in the New
Zealand Gazette No. 2 of the 20th day of the same month, at page
52, and deposited in the Land Registry Office at Auckland under
No. 12562, authorizing the One Tree Hill Borough Council to permit
the laying-off of a street in the Borough of One Tree Hill of a width
less than 66 feet, but not less than 40 feet, subject to a condition
as to the building-line, by cancelling the building-line condition
imposed by the said Order in Council.

T. J. SHERRARD,
Clerk of the Executive Council.

(P.W. 51/2794.)

Directing the Sale of Land in Block III, Tangihua Survey District

B. C. FREYBERG, Governor-General
ORDER IN COUNCIL
At the Government Buildings at Wellington, this 20th day of
December, 1950
Present:
THE HON. K. J. HOLYOAKE PRESIDING 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
17 perches.
Being part Allotment 29, Maungakaramea Parish.
Situated in Block III, Tangihua Survey District (Auckland
R.D.). (S.O. 36017.)
In the North Auckland Land District; as the same is more
particularly delineated on the plan marked P.W.D. 133034, de-
posited in the office of the Minister of Works at Wellington, and
thereon coloured blue.

T. J. SHERRARD,
Clerk of the Executive Council.

(P.W. 20/820.)

Declaring Portion of the Stormlea Farm Settlement Access (Hampsons)
Road in the Ashburton County to be County Road

B. C. FREYBERG, Governor-General
ORDER IN COUNCIL
At the Government Buildings at Wellington, this 20th day of
December, 1950
Present:
THE HON. K. J. HOLYOAKE PRESIDING IN COUNCIL

Pursuant to section 112 of 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 order and declare that the
portion of road described in the Schedule hereto shall, on and after
the date of this Order in Council, become county road.

SCHEDULE

All that portion of road in the Canterbury Land District, Ashburton
County, passing through Stormlea Farm Settlement, being approxi-
mately 40 chains in length and abutting Rural Sections 37578,
37579, and 37779, situated in Block IV, Spaxton Survey District.
As the same is more particularly delineated on the plan marked
P.W.D. 133130, deposited in the office of the Minister of Works at
Wellington, and thereon coloured red.

T. J. SHERRARD,
Clerk of the Executive Council.

(P.W. 45/1081.)

Consenting to the Raising of Portion (£60,700) of the Buller
Electric-power Board’s Loan of £197,000 and Prescribing the
Conditions Thereof

B. C. FREYBERG, Governor-General
ORDER IN COUNCIL
At the Government Buildings at Wellington, this 13th day of
December, 1950
Present:
THE RIGHT HON. S. G. HOLLAND PRESIDING IN COUNCIL

Whereas the Buller Electric-power Board (hereinafter
called the said local authority) being desirous of raising
a loan of one hundred and ninety-seven thousand pounds (£197,000)
to be known as “ Purchasing and Construction Loan, 1950 ” (here-
inafter called the said loan) for the purpose of:—
(a) The purchase of the Mines Department’s old and newly
constructed lines (£29,000);
(b) The meeting of the liability to the Mines Department
taken over from the Westport Borough Council (£5,000);
(c) The construction of new works and lines and increase in
capacity of existing lines as apart from Karamea
(£38,300);
(d) The purchase or construction of buildings and purchase
of miscellaneous plant and equipment (£25,700);
(e) The construction and equipment of water-driven electric
power generating works at Karamea (£75,000); and
(f) The purchase of materials for and construction of electric
reticulation lines to service the Karamea area (£24,000);
has complied with the provisions of the Local Government Loans
Board Act, 1926 (hereinafter called the said Act):
And whereas the said local authority is arranging to raise a
portion of the said loan amounting to sixty thousand seven hundred
pounds (£60,700) (hereinafter called the said sum) for the purpose
of meeting the cost of items (a), (b), and (d) and providing one
thousand pounds (£1,000) for preliminary investigations in respect
of item (e), 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 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 11 of the said Act, as set out in section 29 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 sum for the
said purpose up to the amount of sixty thousand seven hundred
pounds (£60,700) and in giving such consent doth hereby determine
as follows:—
(1) The term for which the said sum or any part thereof may
be raised shall not exceed twenty-four (24) years.
(2) The rate of interest that may be paid in respect of the said
sum 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 sum shall be free of principal repayments during
the first year from the date of the borrowing thereof.
(4) Thereafter the said sum, together with interest thereon,
shall be repaid by equal aggregate annual or half-yearly instal-
ments extending over the balance of the term amounting to twenty-
three (23) years.
(5) The payment of interest for the first year and thereafter
the payment of the instalments of principal and interest shall be
made in New Zealand.
(6) No interest after the first year and no instalments of
principal and interest shall be paid out of the loan-moneys.
(7) The rate payable for brokerage, underwriting, and pro-
curation fees in respect of the raising of the said sum or any part
thereof shall not in the aggregate exceed one-half per centum of
any amount raised.
(8) 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. 49/726/1.)