No. XVII.
An Act to authorise the raising of a Loan for the Public Service of the Colony, and for other purposes. [30th April, 1894.]
| tive Assembly of New South Wales in Parliament assembled, and by the advice and consent of the Legislative Council and Legisla the authority of the same, as follows :— | BE it enacted by the Queen's Most Excellent Majesty, by and with |
| 1. I t shall be lawful for the Governor, with the advice of the Executive Council, to raise by the sale of Debentures or the issue of Inscribed Stock, secured upon the Consolidated Revenue Fund of the |
| Colony, and bearing interest at a rate not exceeding four per centum |
| per annum, such sums of money not exceeding in the whole the sum of One million four hundred and sixty thousand six hundred and fifty pounds, as are respectively set against the following Public Works and Services, that is to say :—• |
| P U B L I C | W H A R F S — R e s u m p t i o n | of | land | for | const ruct ion of | wha r f s— | |
| fur the r | sum | £90 ,000 | 0 | 0 |
R A I L W A Y S —
| Towards Improvement of Grades and Curves | £25 ,000 | 0 | 0 |
| Addi t ions , | a l tera t ions , | and | improvements | to |
Roads , Stations, and Buildings, and for o the r purposes , also for providing safety appliances
| — f u r t h e r | sum | .. | 50,000 | 0 | 0 |
| RAILWAY- | CONSTRUCTION | B R A N C H — |
| Pearce 's Corner to St. Leonards Railway | ... | 2,200 | 0 | 0 |
| Milson 's | Po in t | Extens ion | ( l and) | ... | . . . | 35,000 | 0 | 0 |
| Rai lway Trial Surveys—fur ther | sum | 10,000 | 0 | 0 |
Towards the construct ion of Tramways gene
| ra l ly—fur the r | sum | 100,000 | 0 | 0 |
| H A R B O U R S | AND | R I T E R S | B R A N C H — |
| Naval | Sta t ions , Sydney H a r b o u r - f u r t h e r | sum | 30,000 | 0 | 0 |
| "Wharf | a t W h i t e | Bay | 2,000 | 0 | 0 |
| Towards reclamation N o r t h | Harbour , | New |
| castle | 5,000 | 0 | 0 |
| Improv ing | en t rance , | Bel l inger | River—fur the r |
| Trial | Bay | H a r b o u r | W o r k s — f u r t h e r | sum | ... | 7,000 | 0 | 0 |
| Removal of Reefs at Maclean, Clarence River | 3,000 | 0 | 0 |
| Snagging Tr ibu ta r ies of | Richmond | River | . . . | 5,000 | 0 | 0 |
| Tweed River, Improvements—fur the r sum ... | 3,000 | 0 | 0 |
| Count ry Towns W a t e r | Suppl ies—fur ther | sum | 50,000 | 0 | 0 |
Reclamat ion and Dredging, including cost of
| resumpt ion | of l and—fur ther | sum | . . . | . . . | 10,000 | 0 | 0 |
| M E T R O P O L I T A N | B O A R D | OF | W A T E R | S U P P L Y | AND | S E W E R A G E — T o |
| provide for | addit ional re t icu la t ion and | o ther works | . . . | . . . | 20,150 | 0 | 0 |
| H U N T E R | D I S T R I C T | W A T E R | S U P P L Y | AND | S E W E R A G E | B O A R D — T o |
| provide for | addit ional re t iculat ion | and | other | works | .. . | . . . | 17,500 | 0 | 0 |
| R O A D S | AND | B R I D G E S | B R A N C H — |
Br idges—
| Bridge, | Edwards | River, | Deni l iquin | .. . | . . . | 6,000 | 0 | 0 |
| Br idge , | M ' I n t y r c | River, | at | I nve re l l—fur the r |
| sum | ... | 5,000 | 0 | 0 |
| Bridge, M u r r a y River a t | Tocumwal l—fur ther |
| sum | 1,800 | 0 | 0 |
| Bridge, Lachlan River a t Cowra—fur ther sum | 803 | 0 | 0 |
| Br idge , | " Vic tor ia ," | Eas t | Mai t land | 4,000 | 0 | 0 |
| Carried | over | £191 ,513 | 0 | 0 |
| B r o u g h t | over | £491 ,513 | 0 | 0 |
SEWERAGE—•
| J o h n s t o n | Creek | Storm water | Channe l—fur the r |
| sum | .. . | . . . | ... | . . . | . . . | . . . | 8,572 | 0 | 0 |
| Clay | Cliff | Creek, | P a r r a m a t t a | S to rmwate r |
| Channel from | Stat ion beyond | Har r i s - s t ree t | 3,800 | 0 | 0 |
| Rais ing | S tormwate r | Channel from | Eveleigh |
| Rai lway Sheds to Copeland-s t ree t | . . . | . . . | 2,700 | 0 | 0 |
| S tormwate r | Sewer from | Po in t P ipe r Road to |
| R u s h c u t t e r ' s | Bay—fur the r | sum | 3,500 | 0 | 0 |
| S tanmore | Road S to rmwate r | Channel , | Marr ick- |
| Kens ing ton | E s t a t e Drainage, Randwick | . . . | 730 | 0 | 0 |
| Bay-s t ree t Overflow Sewer | 10,000 | 0 0 |
| Double | B a y | Low-level | Sewerage | Scheme |
| (sewers, no t re t icula t ing | pipes) | . . . | . . . | 10,000 | 0 | O |
Sea slopes, Bondi and Waver ley , dra in ing into
| Bondi sewer (first sect ion) . . . | 10,000 | 0 0 |
| K e n t - s t r e e t | Sewer—fur ther | sum | .. . | ... | 3,700 | 0 | 0 |
57,137 0 0
| W A T E R | C O N S E R V A T I O N | B R A N C H — |
| Artes ian Bor ing | 25,000 | 0 0 |
| W a t e r Supplies for towns, & c , no t incorporated | 5,000 | |
| P U B L I C | A V A T E R I N G P L A C E S , | & C . — F o r | construct ion | of | Publ ic | W a t e r i n g |
| Places, | Appl iances , | Cottages, | Fenc ing , | & c , for | Ar t e s i an | Bor ing |
| upon | Stock | Routes , and Expend i tu re | incidental | t h e r e t o . . . | . . . | 20,000 | 0 | 0 |
| A G R I C U L T U R A L | D E P A R T M E N T — F o r | complet ing | t he | Agr icu l tu ra l |
| College a t Richmond, and providing | necessary | F a r m | Bui ld ings |
| for | Exper imenta l | F a r m s | . . . | . . . | . . . | . . . | . . . | . . . | 5,000 | 0 | 0 |
| P O S T A L | AND E L E C T R I C | T E L E G R A P H | D E P A R T M E N T — E r e c t i o n | of | Tele |
| phone Lines and purchase | of Telephone | I n s t r u m e n t s | ... | . . . | 25,000 | 0 | 0 |
| R E P A Y M E N T | OF | L O A N S — |
| To meet 5 per cent . Deben tu re s | falling due |
| 1st | J a n u a r y , | 1895, viz. :— |
| Railways | and Publ ic W o r k s - 2 6 V i c . , X o . | 14 | 162,000 | 0 | 0 |
| Publ ic | W o r k s — 2 7 | V i c , N o . 14 | 670,000 | 0 | 0 |
| T O T A L | £ 1 , 4 6 0 , 6 5 0 | 0 | 0 |
2. All sums borrowed under this Act shall he paid to the Colonial Treasurer and shall he by him carried to and form part of The General Loan Account, and appropriated and applied, as required, to the works and services hereinbefore specified, and to other purposes
| as authorised by the Loans Fund Amalgamation Act of 1879. |
3. The said Treasurer shall pay the said several sums for the
purposes hereinbefore mentioned, in such manner and in such proportions as the Governor, by warrant under his band, addressed to the said Treasurer, may from time to time order and direct. And the payments so made shall be charged upon and payable out of the sums applicable to those purposes.
1. 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 such warrant or order in writing as aforesaid. And the receipt of any person to whom the same has been so paid shall he a full and valid discharge to the said Treasurer in passing his accounts for each sum therein mentioned, and he shall receive credit for the same accordingly.
5. Debentures and stock sold or issued under this Act are hereby declared to be for all purposes Government Securities; and all corporations and other persons whatsoever shall have power to invest in the purchase of such Debentures and Stock any property held by them, whether as trustees or otherwise, which they are not
expressly
expressly forbidden to invest in Government Stock or Securities, with- out on that account being liable as for a breach of trust or incurring any liability whatsoever, provided that such investment is in other respects reasonable and proper.
| make regulations, not being inconsistent with the provisions of the T | 6. The Governor, with the advice of the Executive Council, may ] |
| Inscribed Stock Act of 1883, for carrying this Act into effect. And such regulations shall be published in the Gazette and laid before Parliament, within fourteen days after the publication thereof if Parlia- ment be then sitting, and if Parliament be not sitting then within fourteen days after the commencement of the next Session thereof. | i |
7. This Act may be cited as the " Loan Act of 1894."