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PUBLIC NOTICES. ASHBURTON ELECTRIC POWER BOARD. NOTICE OF PROPOSAL TO RAISE SPECIAL juOAN. THE Ashburton Electric-Power Board, in exercise of the Power conferred on it by "The Electric Power Boards Act, 1925," and "The Local Bodies' Loans Act, 1926," HEREBY GIVES PUBLIC NOTICE! that it proposes to raise by way of SPECIAL LOAN a sum of Ninety thousand pounds (£90,000), and that a POLL of Ratepayers within the Ashburton Electric Power Board District will be taken on the 19th day of April, 1928, on the proposal to raise the said Special Loan:— (a) The particular- purpose or purposes for which th© Special Loan is required are as follows: 1. The construction and completion of "electric works" as defined by "The Electric Power Boards Act, 1925," for the supply, distribution and utilisation of electric energy in the said District. 2. The installation of electrical and other equipment for consumers as provided for under Section 118 of the said Act. 3. The purchase of electrical or other equipment to sell or lease to consumers as provided for under Section 120 of the said Act. (b) the sums proposed to be borrowed for such purposes respectively are as follows: For the purpose set forth in SubClause 1 above ... £70,000 For the purpose set forth in SubClause 2, above, ... £IO,OOO For the purpose set forth in SubClause 3, above ... £IO,OOO (c) The proposed security is a Spe-cial-Rate, of nine-fiftieths (0.18) of a Penny in the £ sterling on the rateable value on the basis f the capital value of all rateable property in the Ashburton Electric Power Board District, as defined by the Proclamation proclaiming the said area dated the 17th day of November, 1921, such rate to b© an annually recurring rate during the currency of the loan. (d). It is proposed to raise the Loan at a rate of interest not exceeding six per cent, per annum for a term of thirty-six years and to provide a sinking fund of not less than one per cent, for the repayment of the loan. (e) It is proposed to pay out of the loan the cost of raising the same, but not the interest and sinking fund for the first year. Dated this 26th day of March, 1928. H. G. KEMP, Engineer-Secretary to the Board. G. C. NICOLL, Solicitor for the Board.

ASHBURTON COUNTY COUNCIL. npHE K'londyke Main Water Race will be SHUT OFF TO-DAY (MONDAY), April 16, and TUESDAY, 17th Inst., during REPAIRS. A. A. FOOKS, 4 295 County Engineer. BUSINESS NOTICE. AVING Sold my Business in East Street, all Outstanding Accounts may be paid at Mr J. Bathgate's Office, Burnett Street, and all communications can a'lso be left at his office. Any amounts not paid by the 30th of April, 1928, will be sued for without further notice. CHAS. O. JUDGE. PUBLIC NOTICE'. "AVING Bad Sheep Worried, Poison is laid on my Property, and all stray dogs will be shot. B. J. EVANS, 4 297 Winchmore. PUBLIC NOTICE. ,AKEN from Shed at my residence, 109 Tancred Street, last weekOne Begg Sheet. Return at once to—• 4 305 JOHN SIMS.

COOKED HAM. "AVE you tried our Cooked Ham? . It makes a delicious meal which you have no trouble preparing. Try some for your lunch or Tea. Sliced as thin or as thick as you wish. Take home Jib. To-day. slb. 1/6. lib. 3/ . KERR BROS., Noted for . Better Quality Lower Pr-"-»«.s. STEWART HORSE CLIPPERS, 58/and see the Stewart Horse c_y Clipper. So solid, so easy to manage, and so cheap. Full stocks of extras always carried. JOHN ORR AND CO., LTD., Ashburton.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AG19280416.2.2.3

Bibliographic details

Ashburton Guardian, Volume 48, Issue 158, 16 April 1928, Page 1

Word Count
598

Page 1 Advertisements Column 3 Ashburton Guardian, Volume 48, Issue 158, 16 April 1928, Page 1

Page 1 Advertisements Column 3 Ashburton Guardian, Volume 48, Issue 158, 16 April 1928, Page 1

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