ST. KILDA BOROUGH COUNCIL

Star (Christchurch), Volume LXVI, Issue 20329, 12 June 1934, Page 8

ST. KILDA BOROUGH COUNCIL

CONVERSION OF LOANS Conversion under "The Local Authorities Interest Reduction and Loans Conversion Art 1932-33 ” and the St Loans-— ° r ° USh L, ° ans Conversion Order, 1934, of debentures or other securities issued in respect of’ the following

interest at 4J per cent per annum. y B } € «ebentuits having new maturity dates, and bearing The conversion will take effect from the Ist July, 1934. Application for conversion must be made in writing and be accompanied by the securities to which it relates secuHtles t wni o be i ?lnver«d m th ® COl,version ° f “"V debentures or other securities is not received by that date the » °°" ‘----^U0 o ned •SPSS'S t?Tw«r^ h ;?t,^ S o^i^. S 'r e a n ti fi I d s MW the Town rhamho^a as * to th . e . ne 'y debentures and the conversion generally may bo obtained from from Messrs? aFrancUEd ct ° f ' he Nat,onal Bank t£ Kew Zeala ” d; or Dated this Bth day of June, 1934. JOHN BEATTIE, Mayor.

LOANS TO BE CONVERTED NAME OF LOAN AMOUNT RATE OF INTEREST Premfum payOriginal Existing per cent MATURITY DATE of ex.sting securities. Loan of £2,000 (part) £ 1,000 5i 41 20th July, 1S3S Nil Loan of £25,500 (part) 24.000 s 41 1st September, 1944 Nil Antecedent Liability Redemption Loan of £5,900 5.900 5 § 4 2-5 1st September, 1941 17s 10(1 Redemption Loan of £6,800 6.SOO 4 2-5 1st August, 1953 £1 18s Id Special Loan (Street Improvements) of £25,000 25.000 52 4 3t5 1st December. 1936 16s 5d Waterworks Redemption Loan of £5,000 5,000 *2 4 3-5 10th January, 1942 £2 4s 2d Hall Redemption Loan of £1,000 l.OOC 51 a 1st August, 1942 Nil Works Redemption Loan of £13,300 1 ?,300 51 41 1st March, 19 42 Nil TOTAL £82 000