No. II.
An Act to enable the Government to raise a Loan and apply a certain unexpended Balance for Publ ic W o r k s and other pu r - poses. [13th August, 1872.]
| hund red and six thousand eight hundred and s ixty- three pounds | W H E R E A S it is expedient to author ize t he Government to borrow cer ta in sums of money a m o u n t i n g in t he whole to Four |
| seven shillings and three-pence and to author ize t he application of t he sum of Fifty-four thousand t h r ee hundred and seventy pounds twelve shill ings and n ine-pence being the a m o u n t over-raised unde r cer tain Loan Acts enumera t ed in t h e Schedule here to and remain ing unexpended for t h e several purposes hereinafter specified Be it therefore enacted by t h e |
| Queen ' s | Mos t Exce l len t Majesty b y a n d wi th t h e advice and | consent | |
| of t h e | Legis la t ive | Council | and Legis la t ive Assembly of N e w Sou th | |
| W a l e s | in | P a r l i a m e n t | assembled | and | by t h e au thor i ty of | t he same as | |
| fo l lows:— |
| 1. I t shall be lawful for t h e Governor wi th t he advice of t h e Execu t ive Council to raise by t he sale of debentures secured upon t h e Consolidated R e v e n u e F u n d of t he Colony and bear ing interest a t a r a t e n o t exceeding five per centum per a n n u m such several sums of money no t exceeding in t he whole t h e sum of Four h u n d r e d and six t housand eight h u n d r e d a n d s ixty-three pounds seven shill ings and three-pence as m a y toge ther wi th t h e said unexpended sum be required for t he purposes hereinafter specified A n d the said unexpended sum of Fifty-four thousand three h u n d r e d and seventy pounds twelve shil l ings and nine-pence shall be applied together w i th the said s u m of Four h u n d r e d and six t housand e ight hund red and s ixty- three pounds seven shil l ings a n d three-pence to t he several purposes follow ing t h a t is to say :— |
| |
| 400. | F o r Boi l ing Stock manufac tured | in t he Colony | 60,000 | 0 | 0 | |
| 401 . | Stat ion | Mas t e r ' s | House | Newtown | fur ther | |
| 402. | Stat ions | Buildings a t W e s t | Mai t land | 2,000 | 0 | 0 |
| 403 . F o r | t he | purchase | of | Railway | Stores | and |
| Mater ia ls | which | cannot | proper ly | be |
| charged to the appropriat ions | of | Par |
| l iament | un t i l | actual ly | issued | for | u s e — t h e |
| Vote to be recouped as issues t ake place | 75,000 | 0 | 0 |
| H A R B O U R S | AND | RIVERS | N A V I G A T I O N | : — |
| 4 0 1 . | Removing | Obst ruct ions | and | improving | the |
| Navigat ion | of the | Rivers | M u r r a y | M u r - |
| rumbidgee and Dar l ing further sum | ... | 3.000 | 0 | 0 |
403 . Addi t ional Siding Purchase of Land required
| for Approach &c. Coal Staiths Newcast le | 4,397 | 0 | 0 |
40G. Purchase of Blackwat t le Bridge and Causeway
| and | P y r m o n t | Br idge | Company 's | Roads |
| be tween | P y m o n t | Bridge | and | Camper- |
| 407. Dredge Tug and P u n t s for Clarence | River | ... | 18,000 | 0 | 0 |
403 . Improving the Navigat ion of the Edward River
409. Complet ion of Dredge Tug and P u n t s for
| Newcast le | fur ther | sum | 18.000 | 0 | 0 |
| (Amount carried over | £192,654 | 0 | 0) |
| (Amount brought over | £192 ,651 | 0 | 0) |
| P U B L I C | W O R K S | AND | B U I L D I N G S | : — |
| 410. | Complet ion of N e w General Pos t Office | 0,000 | 0 | 0 |
| RoADS | AND | B R I D G E S : — |
| 411 . Complet ion of t he Br idge | over t he Hawkes - |
| bury a t | W i n d s o r and | Approaches the re to | 2,000 | 0 | 0 |
| 412. | Br idge a t W a r r i Shoalhaven | 5,000 | 0 | 0 |
| 413 . | Br idge a t Casino | 5,000 | 0 | 0 |
411 . Approaches and addition to height of H a y
415. Approaches and addit ion to height of Nimboy
416. To meta l where requi red on Mudgee Road in
| anticipation of A n n u a l Votes of £ 5 0 | per |
| E L E C T R I C | T E L E G R A P H S | : — |
Telegraph L ine to t he M a n n i n g River Tinonee
| on | the | G u a r a n t e e | pr inciple | ... | ... | 3,000 | 0 | 0 |
| 418. Erec t ion | of | L ine | and | Telegraph | Stat ion |
| 419. | I r o n | Poles | Singleton to M u r r u r u n d i | 4,000 | 0 | 0 |
| 420. | E x t r a W i r e W e s t | Mai t land to Armidale | ... | 3.600 | 0 | 0 |
| 4 2 1 . | Railway | L ine | Singleton to | M u r r u r u n d i | ... | 1,050 | 0 | 0 |
| 422. | L i n e — P a r r a m a t t a | J u n c t i o n | to | Campbel l town | 500 | 0 | 0 |
| 423 . | Second W i r e Sydney to Newcast le | 1,830 | 0 | 0 |
| 424. | Second W i r e Armidale to Tenterfield | 2,000 | 0 | 0 |
| 425. | Second W i r e B a t h u r s t to Hi l l E n d | 750 | 0 | 0 |
| 420. Extens ion of Telegraph Lines general ly | ... | 5,000 | 0 | 0 |
| REPAYMENT | O P | L O A N S : — |
| To meet the following Publ ic W o r k s | Deben tu re s |
ma tu r ing in 1872 and 1873 v iz . :—
127. F i r s t Ins ta lment of the Loan of £300,000
| u n d e r 29 Victoria | N o . 5 falling due |
| 31st December 1872 | ... | 50,000 | 0 | 0 |
42S. Deben tu re s issued under 20 Victoria
| N o . 33 due 1st J a n u a r y 1873 | ... | 100,000 | 0 | 0 |
429. Deben tu re s issued under 10 Victoria
| No . 39 due 28 F e b r u a r y 1873 | ... | 20,000 | 0 | 0 |
430. Deben tu re s issued under 10 Victoria
No. 39 due 21st October 1873 ... 30,000 0 0
200,000 0 0
2. The sum of Twenty- two thousand pounds hereby granted for
t h e repair of t he Mudgee Road shall be repaid by t h e sum of Three
thousand pounds per a n n u m in t h e m a n n e r following t h a t is to
| say by apply ing the sum of Three | thousand pounds per a n n u m to t h e |
| purchase and cancellat ion of Government Deben tu res instead of apply |
| ing t h e said s u m annua l ly as heretofore to t he repairs of t he said | Road |
un t i l t h e said Loan of Twenty- two thousand pounds be ext inguished.
| 3. A l l sums borrowed or authorized to be applied unde r | th is |
A c t shal l be paid to t he Colonial Treasurer and shall be by h i m placed to a separate credit to be called " The Loan F u n d " and no par t of t h e money so borrowed shall on any pre tence be paid used or applied direct ly or indirect ly ei ther temporar i ly or otherwise to or for any publ ic purpose o ther t h a n the purposes respectively to which the same is hereby directed to be applied.
4. The said Treasurer shall issue and pay the said several sums for t h e purposes hereinbefore ment ioned in such m a n n e r and in such propor t ions as t he Governor by any warrant or order in wr i t ing under his h a n d a n d directed to t he said Treasurer shall from t ime to t ime order and direct A n d the paymen t s so to be m a d e shall be charged upon and payable out of t he sums so borrowed or applied as aforesaid.
5. The said Treasurer shall in his accounts from t ime to t ime
be allowed credit for every sum of money paid by h i m in pur suance
of
of such w a r r a n t or order in wr i t ing as aforesaid A n d t h e receipt of each tod every person to w h o m t h e same shall be so paid shal l be a full and valid discharge to the said Treasurer in passing his said accounts for each s u m there in men t ioned and he shall receive credi t for t h e same accordingly.
6. This Ac t m a y be cited as t h e " Loan A c t of 1872 ."
S C H E D U L E .
| 18 Victoria No . 35. | 24 Victoria N o . 26. |
| 19 Victoria Nos. 38 and 10. | 25 Victoria No . 19. |
| 20 Victoria N o . 1 . | 26 Victoria No . 14. |
| 20 Victoria No. 16. | 27 Victoria No . 14. |
| 22 Victoria N o . 22. | 29 Victoria No . 5. |
| 22 Victor ia No. 26. | |
| 23 Victoria N o . 5. | 29 Victoria N o . 23 . |
| 23 Victoria N o . 10. | 30 Victoria No . 23 . |
| 24 Victoria N o . 2 1 . | 31 Victoria No . 1 1 . |