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Hokitika Guardian, 13 February 1928, Page 2 (Supplement)

Tlie Audit Office having examined the balance-sheet and accompanying accounts required by law to be aut let hereby certifies tbe same to be correct, subject to the following exception—That the limit of bank overdraft a »"C I by Section 3 (2c) Local bodies’ I' inance Act, 1921-22, has been exceeded and tbe ( mined is thereby liable to penn tics in terms of Section .39, Local 'Bodies’ Loan Act, 1920. G. F. C. CAMPBELL, Controller and Auditor-General. PUBLIC DEBT. I.—Teremakau Bridge Loan of £517 4s 4d under “The Local Bodies Loans Act, 1901,” inscribed Ist February, 1908, Interest and Sinking Fund repayable by half-yearly instalments of £ll 12s 9d each, to February, 193-1. 2—La Fontaine Creek Clearing Loan of £405 at 5J%, under “The Local Bodies Loans Act, 1913,” repayable in 15 instalments of £27 each, on the Ist of October in each year—six instalments of £27 paid—Balance of Loan owing £243. Matures 1935. 3. —Petersens Hoad Extension Loan of £750 at 5J%, under “The Local Bodies Loans Act, 1913,” repayable in 15 instalments of £SO each, on the Ist October in each year—six instalments of £SO paid—Balance of Loan owing £450. -Matures 1935. 4. —Petersens Road Fuither Extension Loan of £450 at 51%, under “The Local Bodies Loans Act, 1913,” repayable in 15 instalments of £3O each, on tlie Ist of October in each year—six instalments of £3O paid—Balance of Loan owing £270. Matures 1935. 5. Kakapotahi Bridge Loan of £ISOO at 51%, under “Tlie Local Bodies Loans Act, 1913,” repayable in 15 instalments of £IOO each, on the 15th February in each year—live instalments of £IOO paid. Balance of loan owing £I,OOO. Matures 1987. 6. —Antecedent Liability Loan of £3200, at 6%,. under “The Local Bodies’ Finance Act, 1921-1922,” repayable in 16 instalments of £2OO each on the Ist of February and Ist August in each year—nine instalments of £2OO paid— Balance of loan owing £1,400. Matures 1930. STATEMENT OF RESERVES AND REAL ESTATE. Ferry Reserves, 10,350 acres unlet. Ferry Reserves, 1,550 acres let at £B9 os Od per annum. SUMMARY OF RESERVE RENTS. D. J. EVANS, Treasurer.

STATEMENT OF ASSETS AND LIABILITIES. A.SSETS. £O,lOl 5 3 LIABILITIES. £ s. <l. £ s. <l. Bi’.nk of Xew Zealand Overdraft 31 10 8 7 Unpresented Cheques 212 10 II) March Accounts 835 0 11 Contractors’ Deposit Account 7 0 0 Hokitika Harbour Board 337 10 II Drivers’ Licenses 71 0 li Overbanked by Treasurer 0 0 1 £3637 15 2

RATE STATEMENT FOR YEAR ENDED 31st MARCH, 1927.

The toxins Annual NrtM. £ TJZZ, of Accounts and list of Assets and The foregoing rC'County of Westland, for the year ended 31st March, 1927, were considered at the Adjourned of the said Council on 12th Dec., 1927, and the Chairman was directed to sign the same as settled. County Council Chambers. Hokitika. J. A. MURDOCH, County Chai lrman. Hokitika Guardian Viiat,