THE Kawhia Settler. FRIDAY, APRIL 19, 1907,

Kawhia Settler and Raglan Advertiser, Volume IV, Issue 308, 19 April 1907, Page 2

THE Kawhia Settler. FRIDAY, APRIL 19, 1907,

Wk are pleased to be able to state that there is a probability of the mistake made in the raising of loans, referrtd to in our last issue, being successfully overcome, without the formalities being all gone through again. Under sub-section 4 of section 14*, “ Local Bodies Loans Act, 1901,” it fa provided “ that where the ratepayers of the district, or of the part of the distrio- affected, do not exceed one hundred in number, if the consent (in the form prarc-ibed by regulations) of at least three-fourths of those ratepayers, the capital value of whose properties as appearing on the valuation-roll of the district is c ollectively greater than the capital value of the properties of those ratepayers who do not so consent to the raising of the loan, is testified by their signatures in waiting, in such manner as is prescribed by regulations under this Act.” The Clerk noticed the Rub-section, and immediately wired to the Treasury asking if the loans could be raised under the section above quoted, received a favourable reply. Of course there are certain prescribed forms to be gone through, which will mean a sl'ghji delay, but we trust that the matter can be arranged under the clause, which will not only expedite the work of metalling the roads at Oosrn.il and Kinnhaku, but also rinvp Cuutiiutoraoie expense iq the