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HEATHCOTE COUNTY COUNCIL

Conversion of Loans • CONVERSION under “The Local Authorities Interest Reduction and Loans Conversion Act, 193’2-33.” and “The Heathcote County Loans Conversion Order, 1935," of Debentures or other securities issued in respect of the following Loans: — LOANS TO BE CONVERTED.

Kate of Interest. Premium Pay- , Name. ' Amount. Date of .Maturity. , Original Existing able per £lOO. ~ £ Per Cent. Per Cent. ~’ .Mt. Pleasant No. 2 Electricity Loan 500 5* 45 Ist February, 1960 Z 4 -I ■Mt. Pleasant Repayment Loan (1926) .. .. .. SOO fl 4* Ist October, 1946 417 11 .Mt. Pleasant Electric Loan (No. 3) of £2,000 (part) .. 1,000 ul 4 J Ist April, 19-17 •{ 4 4 Ditto .- .. ■ SOO oj 4s Ist April, 1947 t ~ -Mt. Pleasant Waterworks Loan No. 2 (1925), (part) .. 300 51 Ist October, 1953 Ni , Ditto .. .. 1,900 51 . <1- Ist October, 1953 , t- 1 - Jit. Pleasant No. 1 Electric Repayment Loan. 1932 .. S5O 5) 4i Ist August. 1942 .... Hillsborough Public Works Additional 10 per eent. Repayment Loan .. .. .. 475 51 4t Ist February. 1942 n ... „ Iluntsbury Unemployment Loan, 1931 .. .. .. 1.750 5} Ist April, 1951 „ ... i, Opawa Itoad-cliairnelling Special Loan .. .. 700 0} 4<> Ist October, 1915 1; .5 1 Avoca Valiev Water-supply Loan 1928 .. .. .. 600 51 4J Ist October, 1948 7 ... , Bexley Loan. 1912 1.900 44 4J. 27th May, 1942 V,’., 1 Bromley Riding Electric Lighting Special Loan .. 4,000 5 4J. Ist February. 1052 t,,, Bromley Hiding Eleet.ric Lighting Special Loan 10 per cent. Additional Loan .. ~ .. .. 400 5} 4}.' Ist February. 1952 .... Aranui Hall Special Loan .. .. 1,188 54 . 4J Ist October, 1950 . ~, „ Avonside Reading Loan of £12,000 (part) .. .. 2.000 0 4* Ist October. 1902 s - Avon Electric Lighting Special Loan .. .. ... 1.5(10 5} 4j Ist February. 1954 0 Avonside Public Works Repayment Loan. 1929 .. 290 5J -11 Ist March. 1939 ;... Avon-Bromley Electricity Loan No. 2. 1928, of £8,509 * 1 (part) 1.000 5J 4j Ist October, 1948 . ", n . Ditto .. 5.5(10 54 4} Ist October. 1948 1 Ditto 300 ,5} 4.3 Ist October, 1948 « in a Heathcote Valley Sewage Loan .. 2.000 5 4) Ist February. 1952 0 £.. Heathcote Valley Electricity-supply Loan .. .. 1.600 5 4} Ist February. 1952 t. } Cashmere Reading Loan of £7.423 (1913) .. .. 7.400 4J 4J Ist February. 194(1 ?.!} Cashmere Reading Loan of £740 (1913) 740 5 4} Ist February. 1946 Cashmere Sewage and Water Loan. 1913 (part) .. 6.000 ■ 5 4} Ist April. 1950 Ditto 5.700 5 4} Ist April.. 1950 •' Cashmere Sewage Extension Loan 750 5} 4j Ist August, 1955 ?. f Cashmere Water and Sewerage Loan 10 per cent. Additlonal Loan 588 51 4} Ist February. 1955 .... Cashmere No. 7 Sewage Loan .. 2,120 5} 4- Ist February. 19110 „ „ Cashmere No. 610 per cent. Additional Loan .. .. 1.0(15 0 4-1 Ist October. 19112 ;r> - Cashmere Unemployment Loan. 1926 1.000 ■s} 43 Ist April. 1963 ? lit Cashmere- Workers’ Dwellings Loan 2.0(H) s>j , 4» Ist October. 1947 2 ! Cashmere Drainage Repayment Loan. 1929 .. .. 1.450 5j 4| Ist March, 1944 0 J l ,, Cashmere Waterworks Loan. 1929 (part) .. .. .. 1.500 5) 4 } Ist October. 1948 . iHtto n.500* 5 4 4; Ist October. 1948 . , Cashmere Electricity Loan No. 3 (1928) of £B.OOO (part) l.ioo 54 .4? Ist October. 1943 , , 2 T’itto .. .. ~ 0.000 5} 4 } Ist October. 1943 Vil Cashmere Sewerage Loan. 1931, of £3,500 (part) .. 2.700 Ist October WSG Q J Cashmere No. 6 Loan (part) 4.000* 4-1 4} 24th October. 1957 Q { P‘ tto •• 3.000* 4} 24(h April. 195 R Q J ; 2.000* 44 . 4} 24th October. 1959 C . • r . ■■ ■■ •• 1.250* 41 4) -21 th October. 19(12 v Reading. Sewerage. Drainage, and Channelling Loan .. 3.500* 44 1} 24th April. 1960 C Reading in Bromley Loan 1,500* 41 4} 24th October. 19'10 v No. 1 M orkers Loan .. I.ooo* 41 4; 24(0 October 1959 ?. Avonside Reading Loan (part) 3 (MIO* 44 4} 24th October. 1957 v n! ” 2999* 1} 4} Mil! October. 1958 Ta:** “ *’ •• •• •• •• •• *s•) °4fh October. 105'1 \*j] Mt Pleasant No. 2 Workers’ Loan'(part)’ 5 " i.'oon* H 4} 24u\' October 19(10 xi} * : - :: :: :: :: Total £107,815

“Less amount of principal repaid up to date of conversion, ~ KO’IICTj IS HEREBY GIVEN to the holders of Debentures, or other securities issued bv the Heathcote County Council, in respec ot the above-ment oned Loans, that it is intended to convert al such Debentures (except th"?p 4} peV’cent pel annum S(? * Significd) int ° UOW ' b ™ new maturitAates ami bearing invest at The Conversion will take effect from the 30th day of June, 1935. Application for conversion must be made in writing and accompanied by the securities to which it relates. Dissent from the conversion of any existing Debentures or other securities mav be signified by the holder by notice tn writing delivered to the County Clerk, Heathcote County Council. Christchurch, ur to Mr D E Millar Accountant, 10G Manchester Street, Christchurch, ou or before the 14th day of July, 1935. Jimar. Securities will be c<mv "rted™ 1 ” conversion o£ any Debentures or other securities is not received by that date the The rate of interest on any Debentures or other securities in respect of which dissent is signified as aforesaid T lrfue , ? £ 18 o£ the above - m entioned Act, be reduced to two-thirds of the original rate as from the 30th day of June, 193 u. Particulars as to the new Debentures and the conversion generally may be obtained from the County Office, Christchurch, or from Mr. D. E. Millar, Accountant. 166 Manchester Street, Christchurch. Dated this 30th day of March. 1935. C. FLAVELL, Chairman.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19350411.2.109.1

Bibliographic details

Dominion, Volume 28, Issue 167, 11 April 1935, Page 11

Word Count
894

Page 11 Advertisements Column 1 Dominion, Volume 28, Issue 167, 11 April 1935, Page 11

Page 11 Advertisements Column 1 Dominion, Volume 28, Issue 167, 11 April 1935, Page 11

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