CHRISTCHURCH LOANS
ALL TO BE CONVERTED. Dnlted Press Association—By Electric Telecraptl—Copyright CHRISTCHURCH, June 18. The City Council to-night carried a resolution agreeing to convert all city council loans and to consolidate til loans for special areas. The proposals were opposed by the non-labour memt: rs of the council, who declared that while conversion would be beneficial, consolidation would finalise the central ar?’ where most of the big ratepayers had premises. The resolution was carried on the votes after an amendment to refer the proposal back to the committee was defeated by S votes to 7.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/THD19340619.2.33
Bibliographic details
Timaru Herald, Volume CXXXVII, Issue 19829, 19 June 1934, Page 5
Word Count
95CHRISTCHURCH LOANS Timaru Herald, Volume CXXXVII, Issue 19829, 19 June 1934, Page 5
Using This Item
Stuff Ltd is the copyright owner for the Timaru Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.