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The Feilding Star. TUESDAY, DEC. 14, 1886. The Bridge Loan

A meeting will be held this evening, of burgesses who intend to take an active part on Saturday next in securing the presence at the poll of a sufficient number of ratepayers to ensure an affirmative vote to the proposal to raise a loan of £1000, as part of the cost of erecting a bridge over the Oroua river at Aorangi. Since the ratepayers took into their hands the management of their own affairs by the creation of the Borough, there has been no event in its history on which so much depends for the good or evil of the community as a whole. There are no exceptions. Business men will gain an increase in the number of their customers, professional men in their clients, and laboring men in an increased area on which they will find work at all seasons of the year. Property holders, whether local or absentee, will find by greater convenience of communication with the suburbs, the population of the Borough must naturally be centred at that point from which commerce radiates, and to which local produce is attracted. All of these advantages are to be obtained at an average cost of less than 8s 6d per head even if the 117 votes required had to pay the £50 themselves. That a few ratejiayers will be antagonistic is only to be expected, but we hope and trust for the credit of the place, that those in favor will largely outnumber the malcontents. It inuot be remembered that such another chance never will be given to them again. The Act under which the moEej will be obtained provides distinctly that the sinking fund and interest are both included in the annual payment of Jive per cent, for twenty-eix years, at the end of which time the Borough will be absolutely free of all liability. Under the circumstances it is almost impossible to see how auy ratepayer can be so cross-grained as to stand in the way of the progress of the Borough.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/FS18861214.2.5

Bibliographic details

Feilding Star, Volume VIII, Issue 70, 14 December 1886, Page 2

Word Count
345

The Feilding Star. TUESDAY, DEC. 14, 1886. The Bridge Loan Feilding Star, Volume VIII, Issue 70, 14 December 1886, Page 2

The Feilding Star. TUESDAY, DEC. 14, 1886. The Bridge Loan Feilding Star, Volume VIII, Issue 70, 14 December 1886, Page 2

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