✨ Regulations and License Applications
34
therewith, then the Minister may cause the assent to the application for a loan in respect of such enterprise to be cancelled, and any moneys advanced under the same to be recovered under the security to be granted: Provided that the Minister may, if he think fit, agree during the progress of any works to such modifications as he may approve.
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The promoters of any undertaking may at any time remove the same from the operation of these regulations, by writing under their hands, or under the hands of their registered manager, addressed to the Minister, and on repayment of the moneys that may have been advanced by the Government, with interest to date.
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A full and correct account of the cost of construction of any undertaking to which the benefits of the Act are extended, shall be kept at the office of the promoters, and shall be open at all reasonable hours to the inspection of any person deputed by the Minister, and a statement of all payments on such accounts shall be forwarded at such periods and intervals as the promoters and the Minister may agree upon. A final account, showing the cost of the works, shall on their completion be forwarded through the District Engineer to the Minister, and the final balance shall be paid on this account in the proportion above stated. Always provided that the proposed manner of carrying out the work either by contract or otherwise shall have been previously approved of by the Minister.
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The promoters of any undertaking to which money may be advanced shall, before the issue of any loan to them, give to the Minister a valid security, including a lien or mortgage to cover the amount of loan and interest accruing, over the works and property proposed to be constructed; and all deeds necessary shall be prepared and completed at the expense of the promoters.
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No money shall be paid towards the construction of any water race, dam, or reservoir unless the promoters of the same shall have duly registered themselves under the Mining Companies’ Limited Liability Act or the Joint-Stock Companies’ Act.
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The rate of interest to be paid by the promoters of any undertaking coming under these Regulations shall be seven pounds per centum per annum, payable quarterly from the date of the advance.
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The capital sum borrowed shall be repaid out of the profits of the undertaking in the same proportion as the amount of money advanced by the Government bears to the paid-up capital of the Company, or in such other proportion as the Minister may determine.
SUPPLEMENTARY LIST of APPLICATIONS for PUBLICAN’S LICENSES
in the Town of Greymouth, to be heard at the Quarterly sitting of the Bench, on March 5th, 1872.
| Name of Applicant | Name of House | Situate in |
|---|---|---|
| Henry Falkner | The Bridge Hotel | Tainui-street |
| Caroline Kerr Kerr | The National Hotel | Boundary-street |
| Edward J. Bylund | Scandinavian Hotel | Gresson-street |
W. H. REVELL,
Resident Magistrate.
Printed by Joseph Pulitzer Klein, at the “West Coast Times” Office, authorised Printer for the time being of the “County of Westland Gazette.”
Westland Provincial Gazette 1872, No 6
✨ LLM interpretation of page content
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Regulations for Advances for Water Supply Works on Gold Fields
(continued from previous page)
🌾 Primary Industries & ResourcesWater Supply, Gold Fields, Advances, Regulations, Construction
🏭 Supplementary List of Applications for Publican’s Licenses
🏭 Trade, Customs & IndustryPublican’s Licenses, Greymouth, Hotels, Quarterly Sitting
- Henry Falkner, Applicant for Publican’s License
- Caroline Kerr Kerr, Applicant for Publican’s License
- Edward J. Bylund, Applicant for Publican’s License
- W. H. Revell, Resident Magistrate