Loan Act 1891 (WA)

WESTERN AUSTRALIA

ANNO QUINQUAGESEVIO QUARTO

VICTORIA; REGIME

No. 9

An Act to authorise the raising of a sum of One Million Three Hundred and Thirty-six Thousand Pounds by Loan, for the construction of certain Public Works, and other purposes.

[Assented to 26th February, 1891.

HEREAS it is expedient to construct certain Railways and Preamble

Loan, of certain sums of money amounting in all to One millionWother Public Works, and to authorise the raising, by way of

three hundred and thirty-six thousand pounds, for the several purposes hereinafter mentioned : Be it enacted by the Queen's Most Excellent Majesty, by and with the advice and consent of the Legislative Council and the Legislative Assembly of Western Australia, in this present Parliament assembled, and by the authority of the same, as follows :—

1. It shall be lawful for the Governor in Council, from time to Power to raise

time, to raise by way of Loan such several sums of money, not exceed- ellrgrafp°urri.

ing in the whole the sum of One million three hundred and thirty-six

thousand pounds, as may be required for the several works and

pm-poses mentioned in the Schedule to this Act.

2. All sums by this Act authorised to be raised shall be paid to sums raised,

the Colonial Treasurer, and shall be by him placed to the credit of an haMitore

account to be called The 1891 Loan Account,' and shall be applied by

the Colonial Treasurer to the purposes set forth in the Schedule hereto,

in such amounts and manner as the Governor by any warrants under

his hand may from time to time authorise and direct, in conformity

with the annual Estimates of the expenditure of Loan moneys sanctioned

by Parliament.

3. The contributions to the Sinking Fund for the repayment of Contribution to

the sum by this Act authorised to be raised shall commence four sicking F""a

54 VICTORIIE. No. 9

The Loan Act, 1891

years from the date of the fist issue of the Debentures or Inscribed

Stock.

Principal and	4. The principal moneys and interest raised and secured by the Stock to be created and sold, under the authority of this Act, are hereby charged upon, and shall be payable out of the Consolidated Revenue Fund and Assets of the Government of Western Australia, and shall constitute a charge thereon, to rank next after the charges imposed thereon by the Public Works Loan Acts, 1872' and '1873,' The Railway Supplementary Loan Act, 1875,' The Loan Act, 1878,' The Loan Act, 1878, Amendment Act, 1879,' the Loan Acts, 1881,' 1882,' and 1884,' and ' The Supplementary Loan Act, 1888.'
interest charged
on Revenue
Advances on	5. The Governor may, from time to time, by warrant under his hand, authorise the Colonial Treasurer to advance and apply, to the purposes set forth in the said Schedule, any sums of money not exceeding in the whole the sum hereby authorised to be raised, and any sums of money so advanced and paid shall be retained by the Colonial Treasurer out of any moneys coming to his hands under the authority of this Act.
account

Short title 6. This Act may be cited for all purposes as The Loan Act, 1891.'

W. C. F. ROBINSON,

GOVERNOR.

THE SCHEDULE

1.    Railway from Perth to Bunbury, from Boyanup to L.1.inninup. 368.g

Bridge, and from Boyanup to Busselton ,000

2.	Railway from Eastern Railway to Yilgarn Goldfields	...	324,000
3.	Railway-from Geraldton to Mullewa	100,000
4.	Improvements to Eastern Railway and Railway Stations	60,000

5.	Additional Rolling Stock for existing Railway Lines	...	...	25,000
6.	10,000

7.

Telegraph Line from Beverley to Broome Hill; Vasse to Cape

Leeuwin; Flint Cliff to Freshwater Camp, in Sharks Bay;

completion of Telegraph line between Derby and Wyndham ;

and repairs to existing lines ... ... 16,000

S. Harbour Works at Fremantle, including extension of Jetty and

improvements to approaches ... 150,0170

9. Harbour Works at Geraldton, including New Jetty ... ... 25,000

10.    Additional Shipping facilities and repair of Tramway at Carnar-

2,000

11.    Shipping facilities at Ashburton, Landing Stage and approach,

and Buildings ... 3,000

12.    Harbour improvements at Cossack, extension of Jetty, and

10,000

13. Improvements at other Ports, and contingencies ... ... ... 4,000

14. Purchase of Steam Dredge or Dredges, and Dredging ... ... 50,000

15. Development of Goldfields and Mineral resources ... ... 70,000

16.	Surveys of Rand for Agricultural Settlement along Railways ...	20,000
17.	50,000

18. Lighthouse at Cape Leeuwin ... ... ... ... ... 10,000

10. Public Buildings at Geraldton, Cossack, and other Northern

Towns ... ... ... ... ... ... ... ... 9,000

20. Grants-in-aid to Roads and Bridges, and Water Supply on

Roads ... ... ... ... ... ... ... ... 30,000 -£1,336,000