BIG LOAN REDEMPTION
Authority for New Plymouth By a majority of nearly eight to one the ratepayers of New Plymouth on Wednesday authorised the Borough Council to proceed with the borrowing of a sum of £553,000 to redeem existing loans maturing on April 1, 1932. The result, of tbe poll was practically a forgone conclusion, and not a great deal of interest was taken, only about a quarter of the ratepayers taking the trouble to vote. There are approximately 4500 ratepayers on the roll, of whom 1109 voted. Tbe votes cast in favour of the loan numbered 979, and those against 126, the number of informal votes being four.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/DOM19320816.2.22
Bibliographic details
Dominion, Volume 25, Issue 275, 16 August 1932, Page 3
Word Count
109BIG LOAN REDEMPTION Dominion, Volume 25, Issue 275, 16 August 1932, Page 3
Using This Item
Stuff Ltd is the copyright owner for the Dominion. 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.