Page 9 Advertisements Column 3

Free Lance, Volume IV, Issue 195, 26 March 1904, Page 9

WELLINGTON CITY COUNCIL. PROPOSED SPECIAL SUPPLEMENTAL LOAN, £75,000. To be floated locally (or otherwise) by issue of Debentures at 4£per cent, under the provisions of "Tne Municipal Corporations Act, 1900," "The Local Bodies Loans Act, 1901," and "The Tramway Act, 1894." 1^ HE COUNCIL of the CITY OF WELLINGTON hereby gives pubhe notice that such Council proposes to borrow (by way of Special Loan within the meaning of "The Local Bodies Loans Act, 1901") the sum of Seventy -five Thousand Pounds (£75 000) to be expended on the undertakings 1-ereunder set forth — UNDERTAKINGS. Construction of Electric Tramways, Woodpaving Streets, and Erection of and Furnishing Town Hall and Municipal Offices. SHORTAGE OF LOAN AUTHORISED. Additional sums required to make up the shortage in the production of the Three Hundred and Thirty Thousand Pounds Loan already authorised, which was intended to be floated at par but only realised £308,550, i.e., £93 10s Od per cent, nett : — Loan Sanctiomcl Realised Shortage. Con-ti action of £ £ £ £ EleetucTiainwais 225,000 2 0,375 14,625 Wood-paving of stieets along Tiamway route 55,030 51,425 3,5"5 Election of Town Hall and Muniupal Offices 50,000 46,750 3,250 21,450 £330,000 £308,550 Electric Tramways. — Additional sum required to complete the construction in the Wellington Ward of the City of Wellington, and for which the sum of Two Hundred and Twenty-five Thousand Pounds has been sanctioned £35,000 Town Hall and Municipal Offices. Sum required to complete the erection of the Town Hall and Municipal Offices for which the sum of Fifty Thousand Pounds ha® been sanctioned, and to furnish and fit the same and provide an Organ therein ... £18,550 Total £75,000 Each of the above sums being appropriated to the work set opposite the same.

The Council proposes to pledge a Special Rate of One-<farthing in the £ on the Ratable Value (on the basis of the Unimproved Value) of all Ratable Property within the City of Wellington as security for the said Loan of SeventyFive Thousand Pounds and the Interest and Sinking Fund thereon. It is pro. posed that the whole amount of the Loan shall be repayable at the expiration of a term of Ten Years computed from the first day of May, 1904. It is proposed to pay out of the Loan the cost of raising the Loan, but not the interest thereon for the first year. Dated this eleventh day of March, 1904. ' JNO. R. PALMER. Town Clerk.

Note. — The above Notice will be published in each week for four successive weeks, and a meeting of the Ratepayers will in due course be convened for a day not more than ten days after the last publication to consider the above proposal. JNO. R. PALMER, Town Clerk. 12th March, 1904.

-TVR. H. C. GLENDINING (D.D.S., U.S.A.), DENTAL SURGEON,

Fletcher's Buildings, 3, Willis-street. Telephone 1755.

WADE'S PATENT SKYLIGHT.

T"<HIS splendid improvement has quite revolution1 - lsed the question of having Roof Lights. A ie«r years back a thing to be avoided was a skylight, but WADE'S is now used with every confidence, on account of its complete success as regards being water-tight, giving plenty of light, ventilation, durability, cheapness ; besides having to withstand the usual test in all good and useful patents, the infringer, this it has also proved most completely. See Post and Times, 19th and 21st October, 1901, Consequently, we must ask our long list of customers and the general public to beware of imitations. Note address— BALLINGER BEOS., Waring Taylor and Maginnity streets, Wellington. Sole Owners and Manufacturers for the South end of Noith Island, and the North end of South Island. Telephone 99.