LOCAL LOANS BOARD
APPLICATIONS DEALT WITH. Wellington, Nov. 29. A meeting of the Local Government Loans Board was held on Friday, the following members being present:— Messrs. It. E. Hayes. Secretary to the Treasury (chairman); F. W. Furkert, Engineer-in-Chief and Undersecretary, Public Works Department; W. J. Holdsworth, chairman of the Auckland Electric Power Board; G. A. Lewin, Town Clerk. Dunedin: S. A, R Mair, engineer to the Rangitikei County Council. Forty-seven applications for loans totalling £374.590 were dealt with. Eight renewal loans for £128.100 were sanctioned with sinking funds ranging from two per cent, upwards with a view to liquidating these loans within a reasonable period. Twentysis new loans were sanctioned for the full amount. £126.890., In ten applications for £106.100, part sanction was given for £83,583. the balance £22.817, being deferred or declined. Three applications were declined.
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Hawke's Bay Tribune, Volume XVII, 30 November 1927, Page 7
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138LOCAL LOANS BOARD Hawke's Bay Tribune, Volume XVII, 30 November 1927, Page 7
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