Page 2 Advertisements Column 3

Northland Age, Volume XVIII, Issue 37, 11 February 1949, Page 2

BAY OF ISLANDS ELECTRIC POWER BOARD RENEWAL LOAN (No. 2) 1919 of £23,000 NOTICE OF SPECIAL ORDER ; pUBLIC NOTICE is hereby given' 1 that the following resolution i passed at a meeting of the Bay of Islands Electric Power Board held on Wednesday, the 2nd day of February, 1949, and intended to operate as a SPECIAL ORDER, will come before the Board for confirmation at a meeting to be held on Wednesday, the 2nd day of March, 1949, at 10 a.m. at the Board’s Offices, Broadway, Kaiko'ne. Resolution THAT the Bay of Islands Electric Powei* Board in pursuance and in exercise of the conferred on it by the Local Bodies Loans Act, 1926, and all other powers and authorities enabling it in that behalf, doth hereby resolve to raise by way of Special Order a Special Loan of £23,000*v- (Twenty three thousand pounds)? to be known as the RENEWAL LOAN (No. 2) 1949, £23,000, in order to provide additional monies for the purpose of redeeming at maturity the outstanding liability in respect of a portion, namely, £35,000 of the Special Loan, 1938, of £200,000. THAT for the purpose of security tho payment of the interest and principal of the said Special Loan, a specially annually recurring rate of 29/100ths d. (twenty-nine one-hundredths of one penny) in the £ will be made and levied unon the. rateable value (on the

led upon the rateable value (on the basis of the unimproved value) of all rateable property within the Bay of Islands Electric Power District. THAT the term for which the said Special Loan or any part thereof may be borrowed shall be 15 (Fifteen) years. THAT the interest on the said Special Loan shall be payable at a rate not exceeding- £3/5/- (Three pounds five shillings) per centum per annum. THAT the said Special Loan o r any part thereof, together with interest thereon, shall be repaid by half yearly instalments extending over the term of the Loan. THAT the payment of such instalments shall be made in New Zealand, -and no such instalments shall be paid out. of Loan Money. THAT the rate payable for brokerage underwriting-and'procuration fees in respect, of' the raising of the said or any part thereof shall not in'the Aggregate exceed one-half per centum of any amount raised. to Section 17 of the LoLoans Act 1926, the Board proposes ,t§raise the Loan by SPECORfrSE, and public notification :! is hereby given that a Poll of Ratepayers is required if not less than 5 per cent (five per centum) of the Ratepayers in the Bay of Islands Electric Power District so demand by writing under their hands delivered or sent by post to the Baj|-pf Islands Electric Power Board at 1 any time before the Ist day of Match, 1949. * A certified copy of the above resolution is deposited at the Public Office of the Board, Broadway, Kaikohe, and at the Office of the Local Authority of each constituent district situated within the Bay of Islands Electric Power District, and is open to the inspection of the Public for a period of twenty-one days immediately preceding the 2nd day of March, 1949.

Dated at Kaikohe this 3rd day of February, 1949. WALLACE S. THORPE, Secretary. Note : The Special Rate referred to in the above advertisement is for security purposes only as required by the Local Bodies Loans Act, and the Annual charges on the Loan will be paid out of the revenue obtained from the sale of electricity. KAINGAROA P.] | ANCE 'pGNIGHT KA\NGA£OA HALL Good and Music Mad Hattgt andSNovelty Dances r Admission\2/6 Sdies with plateK Free

MANGONUI COUNTY A. & P. ASSOCIATION (INC.) 62nd. Annual Show A. & P. GROUNDS SATURDAY, MARCH sth, 1949 A. & P. GROUNDS SATURDAY, MARCH sth, 1949 HORSE SECTION Post Entry - including the 25 Guinea Open Hunter Jumping Competition DAIRY CATTLE SHEEP AND PIG SECTIONS Entries Close with the Secretary on Printed Form on February 19th, 1949. FARM AND GARDEN PRODUCE, FRUIT AND VEGETABLES, FLOWERS, HOME INDUSTRIES, COOKING, PRESERVES, HONEY M,ust be in the A. & P.Hall by 5 p.m. on Friday, March 4th, 1949 APPLICATIONS FOR TRADE SPACE Must be Made in Writing bys p.m., Friday, February 26th. Entries for GIRLS MARCHING COMPETITION Close February 20th THIS SHOW PROMISES TO BE THE BIGGEST EVER HELD AT KAITAIA SO GET YOUR ENTRIES IN EARLY ! Members’ Subscription : £l/1/For Schedules and Further Particulars, write F. D. DOBELL, Box 173, Kaitaia Secretary.