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Public Notices. WANGANUI BOROUGH COUNCIL. In the matter of The Local Bodies Loans Act 1913. PROPOSED SPECIAL LOAN OF £140,000. TTHE Wanganui Borough Council here- "*■ by gives public notice that it proposes to raise a Special Loan of £140,000 for the following purposes namely: (a) , The construction under The Tramways Act 1908 and the amendments thereof and of all other acts enabling it in that behalf of an electric tramway in extension of the existing electric tramway in the Borough of Wanganui along ’ certain streets in the Borough of Wanganui commencing at the junction or intersection of Victoria Avenue and Glasgow Street along Victoria Avenue to the junction or intersection of Victoria Avenue and the Great North-western Road; thence along an overhead bridge on The Great North-western Road to be erecter across The New Zealand Government Line of Railway; thence along The Great Northwestern Road to a point in such Road distance seventy one (71) chains from the point of commencement : £9,725 (b) The construction under The Tramways Act 1908 • and the amendments thereof and of all other acts enabling it in that behalf of an electric tramway in extension of the existing electric tramway in the Borough of Wanganui along certain streets in the Borough of Wanganui commencing at the present terminus of the electric Tramway of the Borough of Wanganui two and one half (2-J) chains north-east of Quick* Avenue; thence along Somme Parade to the boundary of the said Borough ; thence along the River Bank Road in The Waitotara County to The Wanganui General i Cemetery; thence along McNeill Street to the junction of McNeil Street and the River Bank Road; thence along the River Bank Road a distance of 79.6 chains from the point of commencement. £9,293 (c) The construction under The Tramways Act 1908 and the amendments thereof and of all other acts enabling it in that behalf of an Electric Tramway in extension of the existing electric Tramway in the Borough of 'Wanganui along certain streets in the said Borough commencing at a point in Ridgway Street in the said Borough—l.s chains North-east of tho junction or intersection of Ridgway Street and St. Hill Street along Ridgway Street to St. Hill Street; thence aloijg St. Hill Street to the intersection or junction of St. Hill Street .and Maria Place; thence Maria Place to Victoria Avenue to a point 1.15 chains northwest of Maria Place, a distance of 18.18 chains from the point of commencement. £2,696 (d) The construction under The Tramways Act 1908 and the amendments thereof and of all other acts enabling it iu that behalf of an electric Tramway in extension of the existing Electric Tramway in tho Borough of Wanganui iu Victoria Avenue (a duplicate line) commencing at a point 1.7 chains south-east of Guyton Street along Victoria Avenue to a point 5.5 chains north-west of Liverpool Street a distance of 52.5 chains from the point of commencement. The construction under The Tramways Act 1908 and the amendments thereof and of all other acts enabling it in that behalf of an electric Tramway in extension of the existing electric tramway in the Borough of Wanganui commencing at the junction or intersection of Ridgway Street and St. Hill Street along Ridgway Street in a southwesterly direction to a point in Ridgway Street 3.9 chains from the point of commencement: , £11,496 (e) Tho construction under The Tramways Act 1908 and tho amendments thereof and of all other acts enabling it in that behalf ,pf an electric tramway in extension of the existing electric tramway iu the Borough of Wanganui commencing at a point at the junction or intersection of Guyton Street and Campbell Street along Guyton Street in a north-easterly direction to the junction or intersection of Guyton Street and Bell Street; , thence along Bell Street in a north-easterly direction to a point in the -existing. Tramline at the junction or . intersection of Bell Street and Ingestre Street a distance of 18.56 chains from the point of commencement; £3,100 (f) The construction erection and finishing of buildings and sheds in connection with the said Tramway, i tho making and completing of I alterations additions and improve- i m-snts to existing Buildings and sheds, the constructing making and supplying of machinery planjtTtools apparatus and appliances for generating power hy steam hydroelectric gas or other approved motive power in connection with tho Tramways, and the supply of electric light and power to private consumers, and of all things necessary expedient or convenient for all or any of the purposes aforesaid and all things incidental thereto or used in connection therewith. £56,063 (g) The constructing providing and supplying of electric tramcars, trailer cars, trucks, motors, equipment, appliances and all other matters and things necessary convenient or expedient fo'r ail or any of the purposes aforesaid and. all things incidental thereto, or used in connection therewith.

.£19,£51 (hj). The constructing making supplying and providing of poles, cables, sub-stations, transformers, meters, and all other material plant or appliances necessary convenient or expedient for the supply or furnishing of electric current for lighting and power and the reticulation of the same. - .£28,086 To establish a Sinking Fund during the currency of the loan of Two pounds (M2) per centum per annum on the amount for the time being of the Loan actually borrowed for or towards payment of the loan at its maturity and to appropriate and pledge by way of security to provide for the .payment of interest on the loan and the charges and expenses incident thereto and the payment of such Sinking Fund an annually recurring, Special Bate of One shilling and threepence, (Is 3d) in the pound .on the annual value of all rateable property within the Borough. The whole of the loan is to he repayable at the expiration of 'twenty five vilo) years from the raising thereof . It is proposed to pay the first year’s interest on the loan, the cost of the loan, and the Sinking Fund for the first year out of the Loan. Dated this Eighteenth day of November 1919. G. MURCH, Town Cleric. WITH reference to the above Notice

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Bibliographic details

Wanganui Herald, Volume LIII, Issue 15976, 19 November 1919, Page 13

Word Count
1,020

Page 13 Advertisements Column 2 Wanganui Herald, Volume LIII, Issue 15976, 19 November 1919, Page 13

Page 13 Advertisements Column 2 Wanganui Herald, Volume LIII, Issue 15976, 19 November 1919, Page 13