Loan Act of 1864 No 9a (NSW)

No. XIV.

An Act to enable the Government to raise a

Loan for certain Public Works.	[22nd April,
1864.]

" V W 7 H E R E A S it is expedient to authorize the Government to borrow

certain sums of money amounting in the whole to Six hundred and seventy thousand and twenty-five pounds twelve shillings and seven pence for the several purposes hereinafter specified Be it therefore enacted by the Queen's Most Excellent Majesty by and with the advice and consent of the Legislative Council and Legislative Assembly OSNCAV South Wales in Parliament assembled and by the authority of the same as follows :—

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1. I t shall be lawful for the Governor with the advice of the Executive Council to raise by the sale of Debentures secured upon the Consolidated llevenue Fund of the Colony and bearing interest at a rate not exceeding five per centum per annum such several sums of money not exceeding in the whole the sum of Six hundred and seventy thousand and twenty-five pounds twelve shillings and seven pence as may be required for the following several purposes not exceeding for the same respectively the several sums respectively set against such purposes:—

FoE BilLWAl'S : —

To cover excess on Votes taken in the years 1855 1857 1858 and 1860 for the extensions of Northern Southern and Western Lines to Singleton Picton and Penrith £234 ,827 0 0

Locomotive Engines—Western Line ... ... 23,000 0 0

Carriages Break Vans &c.—Western Line ... 20,000 0 0

Locomotive Engines—Northern Line ... ... 35,000 0 0

Traversers for Coal Sidings—Newcastle ... ... 1,000 0 0

Ballast Waggons for Northern Southern and

Western Lines 4,000 0 0

Extension into Goulburn	50,000	0	0
Extension to Bathurst	150,000	0	0
Eichmond and Windsor Eaihvay further sum ...	15,000	0	0

Purchase of Land for Morpeth Eailway.. . ... 7,500 0 0

Siding into Cemetery Haslein Creek ... ... 5,000 0 0

(Amount carried over £ 577,860 13 2

Wharf Carriage Dock and Siding Newcastle')

Station	\	900	0	0
Do.	do.	at West Maitland	...	)

N e w Passenger Station Platform and Siding at

Hexham 070 0 0

Coal Sidings at Newcastle ... ... ... 3,500 0 0

Passenger Station and Platform at Eootv Hil l

Western Line 100 0 0

Three Grate Houses on Western Liue	...	...	000	0	0
Stables at Newcastle	110	0	0

552,107 0 0

FOR ELECTRIC TELEGBAPHS :—

Erection of Stations on Southern Western

Northern and Mudgee Lines	..	...	7,153 13	2
From Wollongong to Eiama further sum	...	300	0	0

From Mudgee to Murrurundi	...	...	...	9,000	0	0
From Braidwood to Araluen	...	...	...	4,500	0	0
Continuation of Line to Cooma ..	...	...	3,000	0	0

Erection of Stations at Grafton Wngga Wagga

and Hay ... ... 1,800 0 0

25,753 13 2

(Amount brought over ... ... £ 5 7 7 , 8 6 0 1 3 2

Foit BltUNiKS : —

Bridge over Biver Hunter at Wes t Maitland further sum ... 9 , 0 0 0 0 0

FOR PUBLIC WORKS AND BUILDINGS :—

Towards constructiou of Wharfs and Coal Basin

Newcastle . . . 3 8 , 0 0 0 0 0

Coal Shoots and Railway Wollongong	3 , 0 0 0	()	0
Improvement of Wollongong Harbor further sum	5 , 0 0 0	0	()

lleehimation of Land Wool loomooloo Bay ... 5 , 0 0 0 0 0

Sewers, for draining reclaimed land Woolloo-

mooloo Bay 1 , 0 0 0 0 0

Keclaiming land at the head of Darling Harbor

and Blackwattlo Swamp 1 0 , 0 0 0 0 0

For erection of Light House Gabo Island further

sum 1 , 0 4 7 1 2 9

For erect ion of Light House Wilson's Promontory

further sum ... ... ... ... ... 7 0 5 1 9 5

Enlargement of Australian Museum further sum 1 1 , 0 0 0 0 0

For Harbor Defences ... ... ... ... 5 , 3 5 1 7 3

8 3 , 1 0 4 1 9 5

TOTAL £ 0 7 0 , 0 2 5 1 2 7

2. All sums borrowed under this Act shall be paid to the

Colonial Treasurer and shall be by him placed to the credit of the
Consolidated Revenue Fund and shall be applied towards the respective purposes for which the same shall have been so raised and shall be accounted for in the same manner as if they had formed part of the Current Annual Revenue of the Colony.

o. The said Treasurer shall issue and pay the said several sums

for the purposes hereinbefore mentioned to such persons upon such
days and in such proportions as the Governor by any warrant or order in writing under his hand and directed to the said Treasurer shall from time to time order and direct and the payments so to be made shall be charged upon and payable out of the sums so borrowed as aforesaid.
4. The said Treasurer shall in his Accounts from time to time

be allowed credit for every sum of money paid by him in pursuance of

and every person to whom the same shall be so paid shall be a full and	such warrant or order in writing as aforesaid and the receipt of each
valid discharge to the said Treasurer in passing his said Accounts for
each sum therein mentioned and he shall receive credit for the same
accordingly.

5. This Act may be cited as the " Loan Act of 1864 ."

No. X V .