MASTERTON BOROUGH. PUBLIC NOTICE IS HEREBY GIVEN THAT at a Special Meeting of tlie Masterton Borougli , Council , held on Tuesday, the 14th. day of February inst. IT was resolved | as follows 1. THAT the Master ton Borough Council in pursuance and exercise of I the powers vested in it by The Muni- j cipal Corporations Act, 1908, The Local Bodies Loans Act, 1908, The Slaughtering and Inspection Act, 1908, and The Rating Act, 1908, and in pursuance of all other Acts and powers (if any) enabling it in that behalf, hereby resolves by special order to borrow by way of spe iul loan the sum of Four Thousand Pounds for the purpose of paying off the following special loan heretofore lawfully raised by the said Borough, namely :- Special loan of £4OOO authorised to be raised for the purpose of establishing an abattoir for the purposes of the Borough of Masterton and secured by a special rate.made and levied on the 15tlx day of May, 1905. ' THAT the loan be called The Abattoir Loan,. 1910. THAT the currency of the said Special Loan shall be for a period of thirty-five years commencing on the 'thirtieth day of May, 1910, and maturing on the thirtieth day of May, 1945. THAT the interest on the said special loan be at the rate of £4 10s per centum per annum, and be payable half-yearly on each thirtieth day of June and thirty-first day of December. ' THAT tile form of security for the payment of the principal and interest of the said special loan be debentures (and relative coupons) in a form in conformity with the provisions of The Local Bodies Loans Act, 1908, and 1 its amendments each for the sum of £SOO. THAT a- sinking fun<3 or an annual sum Of £6O be and the same is hereby established in connection with the said loan, such annuals up to be paid by equal half-yearly payments on the thirtieth day of June and the thirty-first day of December in every year. THAT the Council doth hereby appropriate and pledge as security for the repayment of the said special loan and the interest, sinking fiiii and other charges thereon a special rate of one-eighth of a penny in the, pound to be made and levied by the Council by Spepial, Order upon the unimproved rateable value of all rateable property of and within the administrative area of the Borough of -Masterton. * , •. • : THAT' the principal and , interest and sinking fund shall be payable at the Post Office at Masterton to the credit of the Public Trustee or at the Bank of New Zealand, Wellington, at the option of the Public TrusteG. ■ 2. THAT the Masterton Borough Council in pursuance and exercise of the powers vested in it by the Municipal Corporations Act,- 1908, The Local Bodies Loans Act, 1908, The Slaughtering and Inspection Act, 1908, and the Rating; Act-, 1908, and in pursuance of all other Acts and powers (if any) enabling it in that behalf, hereby resolves by special order:— : r • THAT for the purpose of providing interest, sinking fund and other charges on the special loan of £4OOO called The Abattoir Loan, 1910, authorised to be raised under the above mentioned Acts .for the purpose of paying off a special loan of £4OOO heretofore lawfully raised, The Masterton Borough Council hereby makes and levies a special rate of one-eighth of a penny in the pound upon the unimproved rateable, value of all rateable property of and- within the administrative area of the Borough of ■ Masterton, and that such special rate shall he , an. annually recurring rate during the currency of such loan, and be payable half yearly on the thirtieth day of June and the thirty-first day. of December in each, and every year during the currency of such loan, being a period of thirty-five years,' or until the loan is fully paid off. 3. THAT the Masterton " Borough Council doth, hereby under its Common Seal authorise the raising of a special loan of Three Thousand One Hundred and Fifty-five pounds (£3155) for the purpose of providing a moiety of the estimated cost of constructing TWO s BRIDGES over the WAIPOU A RIVER at the northern entrance to the Town _of Masterton, together with 26 chains of approaches thereto. 4. THAT in pursuance and exercise of the powers vested in it in that behalf by the ' Local Bodies Loans Act, 1908, and of all other Acts and powers (if .any) enabling it in that behalf, the . Masterton Boroiigh Council do hereby under its Common Seal RESOLVE thai for the purpose of providing the interest and : other • chaz-gcs upon a loan of Three' Thousand One ' Hundred 'and Fifty-fire pounds (£3155) authorised . to, be [ raised by the Council' of the said Borough under the provisions of the above-mentionedi Acts, or , otherwise as aforesaid, for providing a moiety of *the estimated -cost of constructing 'Oyer the x Waipoua River at : the northern entrance to the Town, of . .Master-, ton, together with 2i3 chains of APPROACHES ' thereto, the < said Council hereby 1 and levies a special; rate ,• of 0.09 pence in the pound sterling, upon/; the rateable .of the Masteftdli arid' that such. special be>an- annually recurring V#t§ ; : dMng- rthe:' currency (of such-loafl, ,and r .be payable half yearly' on ,the thirtieth of June and the' tMi ! ty-first fday jof ' December in each antl every*year during the currency. of v such ; loap, Jbeing a period of thirty-six and a half years, or until, the loan is fully .paid off. The rate of interest to be' Three Pounds Teh Shillings (£3 10s) per centum ; per annum.' .. ' \ ' - r , - 5. THAT the Masterton Borough Council doth hereby under its Common Seal; authorise :; tlie 'raising of a special loan of One Thousand; Six Hundred and 1 Nine: Pounds sterling' (£1609) for the purpose of relaying defective public sewers in Cole Street and Lincoln Road highways ' within the said Borough in accordance : with, plans, '.sections, specification and estimates approved" of by "the MINISTER OF HEALTH by an instrument under his hand bearing date the 30th day of November, 1910. , 6. THAT in pursuance and exercise of the powers vested in it in that behalf by the Local Bodies Loans Act, 1908, The Public Health Act, 1908, and of all other Acts and powers (if any) enabling it in that behalf, the Masterton Borough Council do hereby under its Common Seal RESOLVE that for the purpose of providing the interest and other charges upon a loan of One Thousand Six Hundred and Nine Pounds sterling (£1609) authorised to be raised by the Council of the said Borougli under the provisions of the above-mentioned Acts or otherwise as aforesaid for relaying defective public sewers in Cole Street and I Lincoln Road highways within the said Borouah in accordance with plans, sections, specifications,, and estimates approved of by the MINIS- ': T.ER OF HEALTH by an instrument .under his hand bearing date! the 30th day of November, 1910, the j said Council hereby makes and I levies a special rate of 0.06 pence in '
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Wairarapa Age, Volume XXXII, Issue 10183, 8 March 1911, Page 6
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1,177Page 6 Advertisements Column 5 Wairarapa Age, Volume XXXII, Issue 10183, 8 March 1911, Page 6
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