The Local Bodies Loans Act
[PKH UNITES PBESB ASSOCIATION. 1 Wellington December 16. The Colonial Treasurer has received applications under the Local Bodies. Loaj^sAct for £286,667, from which had to be deducted the amounts included for the second year. The; amounts asked were to pay off overdrafts (which could not be assented to. under the act) and applications, not sent in in time. After these .deductions were made there remained a total number of formal applications to. be dealt with amounting to £199,744, divided as follows : — Counties, £127,---764; Road Boards, £66, 38 ft; Town Boards, £1400 ; Boroughs, £32,000 ; Eiver Boards, £1000. The Treasurer has intimated to the bodies whoseapplications came in too late* that i» | will consider them if the ratepayers reject some of tha loans provisionally granted.
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Bibliographic details
Feilding Star, Volume VIII, Issue 72, 18 December 1886, Page 2
Word Count
128The Local Bodies Loans Act Feilding Star, Volume VIII, Issue 72, 18 December 1886, Page 2
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