(Continued from page 3)
iand for settlements roads, amounted to £429,253.
BATTLESHIP NEW ZEALAND.
I am now in a position to announce that the actual coat of the battleship presented to the Imperial Navy amounted to £1,701,000, and that the final payment has been made in London. In accordance with the provisions of the Naval Defence Act, 1909, the sum of £50.000 being sinking fund at the rate of 4 per cent., was paid over during the year, making a total of £102,02S now in the hands of the Public Trustee towards the repayment of the loan. The sinking fund will be sufficient to repay the loan in about seventeen years.
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Bibliographic details
King Country Chronicle, Volume VII, Issue 592, 9 August 1913, Page 7
Word Count
111Untitled King Country Chronicle, Volume VII, Issue 592, 9 August 1913, Page 7
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