£30,000 LOAN
Hawke^s Bay Power Board Reticulation The Ha^ke'S Bay filefttflc Power Board has now received authority to raise a loafl of £30, 000 for the purpese of furthef reticulation in.its area. Afl Oi'der-in-Couileil giviiLg consent to the loftn proposal has now been gazetted, tlie Order also givlng the cOnditions under whieh tho amoUnt may I5e borrowed. The term of the loan must not Oxceed flve years, and the rata of ibterest must not be greater than per ceiit. The loan ls to be repaid by the aflnuai redemption of debentures as followf>:— Flrst year £4000, second year £5000, third year £6000, fourth year £7000, flfth year £8000. \
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/HBHETR19370206.2.33
Bibliographic details
Hawke's Bay Herald-Tribune, Issue 19, 6 February 1937, Page 5
Word Count
108£30,000 LOAN Hawke's Bay Herald-Tribune, Issue 19, 6 February 1937, Page 5
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