Page 1 Advertisements Column 5

Press, Volume LXVII, Issue 20181, 9 March 1931, Page 1

PUBLIC NOTICES. THB SPRINGS'ELLESMSiRIi! ELECTRIC POWER BOARD. PROPOSAL TO RAISE SPECIAL LOAN. IN THE , MATTER 0£ "The Electric Power Boards Act 1925" and of "Tho Local Budios Loans Atit 1020." \ PUBLIC NOTICE IS HEREBY GIVEN that THE BPRIN QS -BLLESMERE ELECTRIC POWER BOARD ill pursuance and exercise o£ the powers conferred on it by "The Electric Power Boards Act, 1925," "The Local Bodies Loans Act 1928" and ''The Local Government Loans Board Act 1926" and the amendments thereof and the Regulations made thdreubder intends to raise a special loan of TWENT2-ITVE THOUSAND POUNDS (£25,060) for the purpose of purchasing the Tai Tapu Dairy Company Limited's reticulation and the Public Works lines and the construction Of electrical works Within the power district as defined in "The Electric Power Boards Act, 1925" and its amendments. Pursuant to the consent to the raising of the Loan given by the Local Government Loans Board at 'et meeting of that Board held on the Bth day of February 1931 the loan will bo raleed in the following manner:— (a) Sixteen thousand pounds (£16,000) in such instalments'as may be required. (b) Nine thousand pounds . (S9OWJ) only upon resubmission to the Local Government Loans Board and with . that Board's approval. The proposed security for the; payment of interest, sinking fund, and othor charges oil the, said loan. is a special rate of'eS.lOODt'is of a penny iti the pound upon the rateable value ,<on the basis of the Capital value) of ali rateable property in tho constituent districts of Ellesmere County, Springs County, Selwyn County,HqlsWell Cottnty, Paparua Oounty,. Malvern. County, Leeston Townv District) and Southbridge Town District within the Sprlngs-Ellesmere Electric Power District. ' ■ ■ ' ' ■ , - It is proposed that tho Loan shall bear in* tereftt at a rate not exceeding £5 16s per centum per aanufii, with a: Sinking Fund fit not less than Two per centum «er achum, and that the term for which the Loan is td be borrowed shall not exceed Twenty-fcix years. It is proposed to pay out of the Loan moneys the cost of falsing the Loan andthe .preliminary expenses involved; It is not pro* posed to pay interest or sinking fund charges out of the Loan itself. Pursuant to the terms of the consent of the Loftal Goveratrient LAane Board, no extensions to the Board's reticulation system will be u&dertakAii unless guarantees as described in Clause ,19 (1) of "The Electrical Supply Regulations, 1027" shall have flrstheen given in favour of the Board for payments amount' iiig in each of not less than ten (10) consecutive years to at least seventeen - (17) per: dentttta of the estimated capital cost of sueb frork*. v It is anficipated that the revenue produced from the area covered by. the Tai Tapu Dairy CofapSny Limited'ft rettfiuUtion above mentioned wiU be sufficient to pay interest and. sinking fund cbargee in respect of the Aiftohnt proposed to he expended upon the purchase of tuch reticulation and that pay. meats under the guarantees to fee obtained in favdur et the Board referred to in this last preceding paragraph hereof will'be sufficient to pay interest and sicking 'fund charges in respect/of anUrabts expended in the extension of the Board'a-■ reticulation •intern. IT IS NOT, TfitERfiPORB, ANTICIPATED VttAf COLL&OTION, Of ANY PAM OF. THIS ABOVfi'MEM-lONBD RATS VfltL AT ANY TIME BE NECESSARY. DATED this 23rd' day of February, 1081. J/, a VICART, j '- 1 iti#lti6er.Sedretity. Solieffafc. , "' t t ■ Ohflsiohartlti THE flfltltNOa-gLLttBMaRg BtSOttllO ' 1 FOwSk .HOARD. " 1 " f jti npH' k \ * t -i Nptica Off PQLL'W LO%N PRbPOSAL, TN pursuance-of Section 11 of "The Ibdcal IJOIL OF RATEPAYERS 6t the MAstiiuW WWi dtatfiota SJU*R»«ra of the above-mentioned Board to raise fluardiaji arch, 10al». 24th February, 1031, and Br 'ilvtllvlt sJLIIDWOf- PpvUi•;V»rT S- 1 ■" ally anointed "*#>,£ *wlFibjr .ttf Which may be recorded the votes of ratepayer# itt*» aptctive of thA.lowtltn.6fth* reteaMa.aw* pert? in jMjtyect lof -Vwat they are «ntittes. votei—, 1 ' 'iF'QVj Mi* Rowley'* •&>«», Irweli. < 1 * ' J Library) .BMpndjir Library,-' 'Kiliitfciiy;'. Library, Dunsandel. Pubhc 'HftU. JDoyJer Towa, Board, Office, t V.R*.- j. Sunday- SflhooHoom. Milltown.' ToWn Board Office, SMthbridge. . ~-'v sprints Odmtjt' oat* Bpdngitpp*., SMmvWUMW'' ' - Public %<{«,' Motttkarard. -> - , ( lifetoo«»l. Hall, Spriagsten Sotith. \ '{Wonatioft Librar^/iLlteoln., ik , , , - , ; Paparhn OWtfibers, floekbttra.- ' Orange Eiall,\ Hornby, * . . , P6wer Board Shed, 'Tempjeton. t - Vswft Hallki»adbteoiMi.' *- . \ ' Harwell Cotihty Office, StalßWell Dated jihts day>f Hatch, inlt , > HUNIt* 'JSBAVSf ' Cha^rtnatti A. S. NIOSOLLS, > " 1 Saiieiton * ' .Ohris^u^ TO KGRTJI OANDERS HRj? FARM&RS., T>, G, (late Isaac Rbhtneon XV* ' aiid, ioo.)will attefld' RANGIORA oa sale -Da**.'' - '' - " y Office in Canterbury Frozen Meat 06. # Building, Victoria > street. ' „ Buyer of Grain, Chaff, Table and Seed £» / —PIANOS tuned( lOtf for twice (6- "/ w monthly) if paid in advance. Satiß« faction guaranteed.' London factory experience. Frederick Bale, 85 (Jaikhel street. 'PhOMe 82-049 gSO QtTMNfilR —Board arid Reaidftuce Or Room* O, , oely,. perrnanent or caauala; "Beach Clin," 7'Etead atlreet Children taken,withont gua»:di»nS (good '^choely , TttaphOfid; trlrat dlhi, BSB, then give Sub*. 656 X. ' UItKM tfuggina and Sc.ekllQg, Proprietresses Hsonft 1 J..L .*.JI J * NOTICES. » ' - ' ft 1 If mos INSIGNIA ' k •timber, Cases, COmtaeyoial Cases,. Sjxing prica* Right. f± J. ROtJD and \X ROAD. Corner Barbour etreet, have repommeiiflel' Hawffiilling at their old address With Opito-date Box-<fUtting Plant Orders taken for Trellis Laths, < Pfaaterirk* Lit the. Paling for teiaeirtg, Attd all Bnlldiiig jßequitementer Orders Cut and Delivered Promptly. 'Phone a 6fts., ' . - - jpiara UNITED -INStTRANCE - Cb., 143 BEREFORIi STREET, Chriatdinxch, viAas A3? hOtoZBT HATS 3.' ' ' > „ < , uaoagar v l^BMEvmwr:->v • VANS"? v ; v ]J»3llP4S^l|iis U and fiigftwrltiiiig Replaced •wf Ureqßfr*'