HARBOUR BOARD LOANS.
FLOATED LOCALLY. Tenders closed yesterday for the purchase of one thousand debentures of £100 each, part ,of a loan of £850,000 authorised by the Wellington Harbour Board Act, 1902, and the amending Act of ISO 3. The debentures were to bear'interest afc the rate of 4£ per cent, per annum. This afternoon the ten ders were opened in committee, and on the board resuming it was reported that tho amount subscribed was £124,100, of which, however, certain tenders wero informal. The secretary was authorised to sell over the counter those debentures which were not accepted, up to £100,000. Of tho £50,000 offered in London at 4 per cent, the board accepted £49,500.
It was decided by the Harbour Board tnis afternoon to instruct the engineer to prepare plans and specifications for a cart whan at Petonc, and to call for tenders as soon as the land arranged for has beco vested in the board. -' Messrs. Stewart Dawgon and Co. have opened up a very complete assortment of tobacco pouches. These are made of antelope and back skin. Some ore mounted with sold and silver shields, others have tho Wellington, crest worked in «ilk, while pthewJijive tbo.-fem-leaf jfeaJsed-in -eilver.
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Bibliographic details
Evening Post, Volume LXXIII, Issue 26, 31 January 1907, Page 8
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201HARBOUR BOARD LOANS. Evening Post, Volume LXXIII, Issue 26, 31 January 1907, Page 8
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