LOAN FOR RETICULATION
Our Own Correspondent.V
Rate Struck, But • Wi'llv Not Bb CdlleCterf .
(From
WAIPUKURAU, Last Night. "While tliis board is ' in existence there will never be a rate collected in this district," said Mr. A. O. Russell, ehairman of the CJenti'ai fi.B. Electrie PoWfef fio&fd, at to-dfiy'g teeetjng of tlie bOat'd, Wheii ah a'ssttfance was giveii that the pfopoSed lO&fi Of £l500 fOf OxtendiUg the reticxllation wt>uld not he collected as a rate, "I would CTnphasiso,'1 said ihe secfe-tary-manager. kfr. G. E. Fowler, f'that It is always necessafy to strifee a rato for a loan, but it will not be collected in eonnectioa with - the £1500 loan. There seenig to be an impressien that ihe stfiking of thii rate meana .the eelleeting of it, but thi'g is entirely wroag, and it would hbe this fnldapprehension removed,'y "1 would like the Pfesg to give this inatter the widest possfble publieity,,r said Mr, W. A. Clianibers, ''There will hate to be something speeial before the Iewying of & rate in this district will over be neeessary," At a speoial meoting at hoon today a forasai resoltition was carried agreeing to make application for sanGtiom to raise the loan,
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https://paperspast.natlib.govt.nz/newspapers/HBHETR19371109.2.121.2
Bibliographic details
Hawke's Bay Herald-Tribune, Volume 81, Issue 39, 9 November 1937, Page 10
Word Count
196LOAN FOR RETICULATION Hawke's Bay Herald-Tribune, Volume 81, Issue 39, 9 November 1937, Page 10
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