ANOTHER CITY LOAN
TO .WIPE OFF ANTECEDENT
LIABILITIES.
The current financial year ■will, as in. as Wellington City is concerned, be a record loan-raising period. Before 31fit March next the council must find a sumapproximating £350,000 for the purpose of wiping off its antecedent liability, and 'there will be no other, alternative but to raise another loan, "fhe Mayor (Mr. ft. A. Wright, M.P.) etated to-day that no_ decision had been arrived at in connection with the latest loan s it* fact, the amount of the loan could not be definitely stated until various transac-, lion* k«n JlMU£_adjnrte(JU '"
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Bibliographic details
Evening Post, Volume CIII, Issue 144, 21 June 1922, Page 7
Word Count
98ANOTHER CITY LOAN Evening Post, Volume CIII, Issue 144, 21 June 1922, Page 7
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