1242
THE NEW ZEALAND GAZETTE
[No. 50

Declaring Land Acquired for a Government Work, and Not Required for That Purpose, to be Crown Land

[L.S.] FREYBERG, Governor-General
A PROCLAMATION

PURSUANT to section 35 of the Public Works Act 1928, I, Bernard Cyril, Baron Freyberg, the Governor-General of New Zealand, hereby declare the land described in the Schedule hereto to be Crown land subject to the Land Act 1948.

SCHEDULE

APPROXIMATE area of the piece of land declared to be Crown land: 1 rood 25·74 perches.
Being Lots 3 and 4, D.P. 6755, being part Section 47, Block XI, Kaupokonui Survey District, and being part of the land comprised and described in certificate of title, Volume 151, folio 60 (Taranaki Land Registry).
Situated in Kaponga Town District.

Given under the hand of His Excellency the Governor-General, and issued under the Seal of New Zealand, this 16th day of July 1952.

W. S. GOOSMAN, Minister of Works.

GOD SAVE THE QUEEN!
(H.C. X/242; D.O. 52/28)

Consenting to the Assignment to John Henry Bond, of Waitekauri Farmer, by Berwyn Harcourt Broad, of Waitekauri, Farmer, of His Rights, Powers, and Privileges Under an Order in Council Dated the 16th Day of February 1938

FREYBERG, Governor-General
ORDER IN COUNCIL

At the Government House at Wellington, this 16th day of July 1952

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, hereby consents to the assignment to John Henry Bond, of Waitekauri, Farmer, by Berwyn Harcourt Broad, of Waitekauri, Farmer, of his rights, powers, and privileges under an Order in Council dated the 16th day of February 1938, and published in the New Zealand Gazette on the 17th day of the same month, at page 279, authorizing Edwin Austin Hodges, of Waitekauri, Farmer, to use water for the purpose of generating electricity and to erect certain electric lines, which rights, powers, and privileges were previously assigned by the said Edwin Austin Hodges to Bede Wallace Maxey Clarry, of Waitekauri, Farmer, and by the said Bede Wallace Maxey Clarry to the said Berwyn Harcourt Broad.

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

(S.H.D. 11/20/193)

Authorizing Kawakawa Town Board to Fix Water Charges According to Quantity Used

FREYBERG, Governor-General
ORDER IN COUNCIL

At the Government House at Wellington, this 23rd day of July 1952

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

PURSUANT to section 85 of the Municipal Corporations Act 1933, His Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, hereby consents to the Kawakawa Town Board making and levying water rates and charges in respect of the ordinary as well as of any extraordinary supply, according to the quantity of water consumed by any person receiving the same as measured by meter, at such rates or charges as may from time to time be fixed by any by-law of the Board in that behalf, or as may be agreed on, subject to any such by-law, with any such person.

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

(I.A. 103/35/62)

Consenting to the Raising of Portion (£24,000) of the Mount Albert Borough Council’s Loan of £107,480 and Prescribing the Conditions Thereof

FREYBERG, Governor-General
ORDER IN COUNCIL

At the Government House at Wellington, this 16th day of July 1952

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

WHEREAS by Order in Council made on the 10th day of December 1947 (hereinafter called the said Order in Council) and subject to the determinations as to borrowing and repayment therein set out, consent was given to the raising by the Mount Albert Borough Council (hereinafter called the said local authority) of a loan of one hundred and seven thousand four hundred and eighty pounds (£107,480) to be known as “Sewer and Storm-water Drainage Loan 1947”:

And whereas the authority conferred by the said Order in Council has not yet been exercised to the extent of sixty-one thousand pounds (£61,000):

And whereas the authority conferred by the said Order in Council has lapsed in accordance with the provisions of clause 6 thereof and it is not now lawful or competent for the said local authority to raise the said loan or any portion thereof except in accordance with the provisions of a further Order in Council that may be issued pursuant to section 11 of the Local Government Loans Board Act 1926 (hereinafter called the said Act):

And whereas the said local authority is now desirous of raising a further portion of the said loan amounting to twenty-four thousand pounds (£24,000) (hereinafter called the said sum) and it is expedient to authorize the said local authority to raise the said sum on the conditions hereinafter set out:

Now, therefore, pursuant to section 11 of the said Act, as set out in section 29 of the Finance Act 1932 (No. 2), His Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, hereby consents to the raising in New Zealand by the said local authority of the said sum up to the amount of twenty-four thousand pounds (£24,000) for the purpose for which the said loan was authorized, and in giving such consent hereby determines as follows:—

1. The term for which the said sum 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 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 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 sum 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. 49/212/8)

Authorizing the Borrowing by the Horowhenua Electric-power Board by way of Hypothecation of Debentures Issued in Respect of a Loan of £90,000

FREYBERG, Governor-General
ORDER IN COUNCIL

At the Government House at Wellington, this 16th day of July 1952

Present:

HIS EXCELLENCY THE GOVERNOR-GENERAL IN COUNCIL

WHEREAS by Order in Council made on the 6th day of December 1950 (hereinafter called the said Order in Council) and subject to the determinations as to borrowing and repayment therein set out, consent was given to the raising in New Zealand by the Horowhenua Electric-power Board (hereinafter called the local authority) of a loan of ninety thousand pounds (£90,000) to be known as “Electric Reticulation Loan No. 5 1950” (hereinafter called the said loan):

And whereas the authority conferred by the said Order in Council has not been exercised to the extent of thirty-five thousand pounds (£35,000):

And whereas the said local authority, pending the raising of the said amount of thirty-five thousand pounds (£35,000) in accordance with the said determinations, is desirous of borrowing portion thereof amounting to thirty-one thousand five hundred pounds (£31,500) (hereinafter called the said sum) by hypothecation or mortgage pursuant to section 34 of the Local Bodies’ Loans Act 1926 of the debentures authorized to be issued in respect of the said amount of thirty-five thousand pounds (£35,000):

Now, therefore, pursuant to section 7 of the Local Authorities Interest Reduction and Loans Conversion Act 1932–33 and section 8 of the Local Authorities Interest Reduction and Loans Conversion Amendment Act 1933, His Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, hereby consents to the said local authority borrowing the said sum or any part thereof by the hypothecation or mortgage of the said debentures to the State Advances Corporation of New Zealand at a rate of interest not exceeding three pounds five shillings (£3 5s.) per centum per annum, such interest to be computed on the daily-debtor balances in the accounts of the Corporation, for a term not exceeding one year and hereby prescribes that the money borrowed by the hypothecation or mortgage of the said debentures shall, pending the raising of the said amount of thirty-five thousand pounds (£35,000), be repaid by annual or half-yearly instalments equivalent to the instalments of principal which would have been repaid if on the first day on which any moneys are borrowed by such hypothecation or mortgage the whole of the said amount of thirty-five thousand pounds (£35,000) had been raised on the terms prescribed by the said Order in Council.

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

(T. 49/234/5)