DRAINAGE LOAN.
Formal resolutions connected with the borrowing of £82,000 for the purpose of repaying the No. 1 loan of £100,000 raised iu London in 1909 at 4-per cent were passed at a meeting of the Auckland and Suburban Drainage Board yes-. fcerday.
The chairman (Mr. George ißaildon) and Messrs. E. J. Phelan andT,. Bloodworth wore authorised to execute the jiecessnry documents in connection with the loan The money, it' was stated, is .available at per cent at par. The sinking fund will be of. L} per cent per annum. ■ . i
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AS19300328.2.108
Bibliographic details
Auckland Star, Volume LXI, Issue 74, 28 March 1930, Page 8
Word Count
91DRAINAGE LOAN. Auckland Star, Volume LXI, Issue 74, 28 March 1930, Page 8
Using This Item
Stuff Ltd is the copyright owner for the Auckland Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries.
Log in