LOAN INTEREST
-RATE", PAYMENT QUESTION. (Fer Press Association,'' Copyright). AUCKLAND, September 20. .In connection with the Sydney decision regarding, the 'Wanganui-Rangi-tiwei Power Board’s unsuccessful case against the. A.M-P. Society regarding interest payments, it was stated that there was a tacit agreement among the local bodies concerned that, whatever the decision of the Sydney Equity Court might be, a final decision should be sought from the Privy Council, • A number of Auckland local bodies are interested, The Waitemata Power Board raised 11200,000 in Australia, the Drainage Board £50,000, the Auckland Power Board £102,900, the Takapuna Borough Cbuneij £245,000, and the -Auckland Harbour Board £150,000. Several of these boards have paid the disiputed portion of the interest due into suspense accounts.
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Hokitika Guardian, 21 September 1933, Page 2
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119LOAN INTEREST Hokitika Guardian, 21 September 1933, Page 2
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