Page 6 Advertisements Column 1

Press, Volume LXV, Issue 19611, 6 May 1929, Page 6

AgHBUiITOW ADVERTISEMENTS. MOTtOB Of MtOPOftAb TO RAISE «f RCUL LOAN. TUB Anhbtirt»» ■lattrU Power Board, lt> exercise ot til* IPowera conferred on II |y "'The Electric Power Boards Act, 1025," anil "The Loral Bodies Loans Act, 1928." |IICHEB¥ (JIVES PUBLIC NOTtCK that It propose* to raise by wsy o( special loan • turn of Kl(fatjr-flv« thousand pounds <£8S,000) and that • Poll of Ratepayers within the iihbnrton Electric Power District will be taken on the H!ti day of Hay. 1020, on the fro [.on* I to raise the taiii apodal loan. (a) The particular purpose for which th« special loan In required is at follow*: — The Oonitruetlon and completion of eieetfic works, advances to consumers, and trading In electrical appliances. f» Tha proposed security la a special rata of gna. tilth 11-Uth) of a penny In lh« pound starling on the rateable value on the basis or tha eapltal Teloe of all rateable property l« th« Aabbuton Electric I*ower District as defined by Proclamation proclaiming the said area dated (he 17th day of November, 1031, such rate to be an annually recurring rati during the earrenoy •{ tht loan. («) It Is propound to raise the loan at a rata of interest not eiceeding five pounds ten shillings per centum per annum for a term not ctcsading twentysix years and to provide a sinking fund of not less than two per cent, for the . repayment ot the loan. H) I* l* proposed to pay out of the loan the) eost ot raising the same, hot not tit* Interest end sinking fund for the arATTCD this iatk day of April, 1828, H. O. KXMF, Engineer Secretary to the Board. ». C NIOOLL, Solicitor to t>« Board. 0690

THE ASHBURTOM ELECTRIC POWER BOARD. BtTCtTOM OOUMTT. l*Um m 4 G*nU*m«n— I Ma oChriny atsraali for •Jaetwn m on* •1 jmur npr*Mtitatrr«« on Um Power Board. ta>P<*»olat» vary fully tho aplendid work m by Uim* i»h® h»v« worked *o hani • tfc« iehenxi niiico it« inception, and it i« with no spirit of ftntkgoniuu to them that I offer tnyatif [<>r i.: .....on. ,"!*• Board haa many difficult problem* at ' Wood ' tn ita deliberations. a furtW in that although ml Wtwa«B «* lUmiUte and JtaW «f in <** nay to protect %U intir. ' *» Cmmt, EBt.p.yJrt Taw faAWfclty, *■ J. MVIAI#AIf.