Page 23 Advertisements Column 6

Press, Volume C, Issue 29673, 17 November 1961, Page 23

PUBLIC NOTICIS LICENSING DISTRICT OF LYTTELTON NOTICE OF APPLICATION FOR TRANSFER OF LICENCE I. ALBERT GEORGE BRYANT, of Akaro* being the holder of a Publican's Licence in respect of the house and premises situate at Lavaud street. Akaroa. known bv the sign of Hotel Metropole, do hereby give notice that I desire to obtain, and will at the next Licensing Meeting to be holden at Lyttelton, on the Sth dav of December next, apply for a transfer of the said Licence from myaelf to Bernard Peter King my appointee. Dated this 6th day of November 1961. A. G. BRYANT. 4133 CHRISTCHURCH DRAINAGE ' BOARD RENEWAL LOAN No. 2 1961 £69.700 NOTICE IS HEREBY GIVEN that a: a Special Meeting of the Christchurch Drainage Board called for that purpose and held at the Office of the Board in the City of Christchurch on the Twenty-fourth day of October. 1961. the said Board DOTH RESOLVE:— That in pursuance and exercise of the powers vested in it by the Christchurch District Drainage Act, 1951, the Local Authorities Loans Act. 1956. and all amendments thereto and all other acts, if any. it in that behalf enabling, and by virtue of the sanction of the Local Authorities Loans Board granted at a Meeting of that Board held on the third day of October 1961. the CHRISTCHURCH DRAINAGE BOARD at a Special Meeting called for that purpose and held at the office of the Board in the City of Christchurch on the twenty-fourth day of October. 1961. DOTH RESOLVE by way of Special Order: (1) That the Christchurch Drainage Board proceed to raise a loan of Sixy-nine Thousand Seven Hundred Pounds (£69.700) for the purpose of redeeming at maturity that portion of the Sewerage Loan No. 1. 1955 of £500.000 which matures on December 1, 1961. (2) That such loan be known as Renewal Loan No. 2 1961 hereinafter called the said loan. (5) That the said local auththe said loan or any part thereof may be borrowed shall be five years or 10 years provided that the amount available for five years shall be unlimited where the loan is offered to existing holders, but where it its offered to the public the amount available for five years is limited to thirty per cent, of the issue. (4) That the rate of interest that may be paid in respect of the said loan or nny part thereof shall be such as shall not produce to the lender or lenders a rate or rates exceeding 5 per cent, per annum for principal repayable in five years and five and one-eighth per cent, for principal repayable in 10 years. (5) That the said local authority shall, before raising the said loan or any part thereof, make provision for the repayment thereof by establishing a sinking fund and shall make annual payments to such sinking fund at a rate of not less than one pound seventeen shillings and twopence per cent, per annum of the amount of the loan for the time being borrowed and not repaid. (6) That the payment of Interest and repayment of principal in respect of the said loan shall be made in New Zealand, and no amount payable as either interest or sinking fund in respect »f the said loan shall be paid out of loan money. (7) That the rate payable for brokerage in respect o£ the raising of the said loan or any part thereof shall not. exceed onehalf per eent. any amount raised. (8) That no money shall be borrowed under that sanction after the expiration of three years from the date thereof. (9) That the security for the said loan to provide for the annual charges thereon be a special rate of decimal nought one nought five pence (,0105d) in the pound to be levied on the capital rateable value of an area described in Schedule C and in Schedule B (as altered from time to time in terms ef Section 5 (f) of the Christchurch District Drainage Amendment Act, 1922 and Section 60 (6) of the Christchurch District Drainage Act, 1951) to a Resolution of the Board dated the Seventeenth Day of April. 1923. and published in the New Zealand Gazette No. 37 of the twenty-sixth day of April. 1923. November 1. 1961. AND NOTICE IS FURTHER GIVEN that the foregoing Resolution will be submitted to an ordinary meeting of the Board to be held at the Office of the Board. 198 Hereford street, Christchurch, on Tuesday, the twenty-first day of November. 1961, at 8 p.m. for confirmation T. A. TUCKER. Secretary. 7792 TIME IS MONEY— Save Money with ’ a Rental Car from Archibalds, 24 Oxford terrace. ’Phones 42-952; after hours 36-664. Open Saturday morning. F