No. VI.
An Act to authorise the raising of a Loan for the Public Service of the Colony, and for other purposes. [10th October, 1895.]
| tive Assembly of New South Wales in Parliament assembled, and by the advice and consent of the Legislative Council and Lcqisla- 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 to raise by the sale of Debentures or the issue of Stock, secured upon the Consolidated Revenue Eund 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 five hundred and fifty-five thousand two hundred pounds, as are respectively set against the following Public Works and Services, that is to say :— |
PERMANENT AXD REPRODUCTIVE WORKS.
MISCELLANEOUS SERVICES—•
To provide accommodation for the Infirm and
Destitute at present located at Liverpool,
| Parramatta, and other institutions... | ... | £70,000 | 0 | 0 |
| Ncwhigton Asylum—Permanent additions, &c. | 5,000 0 0 |
| |
RAILWAYS —
| Additions to Railway Lines, Stations, and Puildings ; for Polling Stock and for other purposes, including Safety Appliances— further sum | 80,000 0 0 |
Towards Improvement of Grades and Curves
between "Wellington and Dubbo, Locksley |
| and Brewongle, and other places ... | ... | 100,000 | 0 | 0 |
TRAMWAYS—Additions to Workshops and Buildings, and for other
| Carried over | ... | ... £2G5,000 | 0 0 |
| .Brought over ... | £265,000 0 0 |
To PROMOTE SETTLEMENT UNDER THE CROWN LANDS ACT OF 1 S 9 5 —
| Towards meeting the C o s t of Clearing and otherwise Improving of Lands for Settlement Purposes, and Expenses incidental thereto | 100,000 0 0 |
RAILWAY CONSTRUCTION BRANCH—•
| Railway Trial Surveys—further sum ... | 80,000 0 0 |
| Construction of Tramways generally... | 50,000 0 0 |
| Berrigan to Jerilderie Pail way | 43,000 0 0 |
| Parkes to Condobolin Pailway | 130,200 0 0 |
| Land Resumptions for authorised Railways... | 25,000 0 0 |
| Further Extension of Railway into Cemetery |
| at Rook wood... | 0,700 0 0 |
| Land Claims on old Railway Lines ... | 5.425 0 0 |
| Marrickville to Burwood Road Railway—- |
| further sum ... | 27,000 0 0 |
317,325 0 0
HARBOURS AND RIVERS BRANCH—
| Rushcutter's Bay—Northern Extension of Reclamation, oast side, and for Formation of Beach Road | 4,000 0 0 |
| Richmond River Improvements—further sum | 50,000 0 0 |
| Nambucca River Improvements | 5,000 0 0 |
| Bollinger River Improvements | 5,000 0 0 |
| Tweed River Improvements ... | 6,600 0 0 |
| Towards Harbour Works and Improved |
| Shipping Facilities, Port of Newcastle | 110,000 0 0 |
Reclamation and Dredging, including cost of
| resumption of land, &c, Cook's River | 70,000 0 0 |
| Trial Bay Harbour Improvements | 12,000 0 0 |
| Towards Improving Entrance to Camden |
| Haven... | 5,000 0 0 |
303,600 0 0
GOYERNMENT ARCHITECT—
| Supreme Court, Sydney—Additions ... | 3,000 0 0 |
| Art Gallery—Additions, &c. ... | 12,000 0 0 |
| Public Works and Chief Secretary's Office—• |
| Additions, &c,—further sum | 4,000 0 0 |
| Kenmore Hospital for Insane—further sum... | 30,000 0 0 |
| Treasury Buildings—Additions—further sum | 13,500 0 0 |
| Mines Department—Erection of Offices | 18,500 0 0 |
| Museum-—Additions, &c. | 6,000 0 0 |
| Erection of Offices for Board of Health | 0,000 0 0 |
03,000 0 0
ROADS AND BRIDGES AND SEWERAGE—Additional cost of Bridges
| erected jointly by the Governments of Victoria and New |
South Wales over the Murray River at Wahgunyah, Tintaldra,
| .Tingellic, and Mulwala ... | 3,520 0 0 |
HUNTER DISTRICT WATER SUPPLY AND SEWERAGE BOARD—
| Duplicate Rising Main—Walka to Buttai ... | £31,500 0 0 |
| Store Advance Account—To provide for pur chase of Stores, the value thereof to be replaced as the cost of specific consumption is ascertained | 1,000 0 0 |
35,500 0 0
| COUNTRY TOWNS W A T E R | SUPPLY AND SEWERAGE— |
| Country Towns Water Supply generally | 25,000 0 0 |
| Country Towns Sewerage | 25,000 0 0 |
| Mosman's Bay Stormwater Channel ... | 6,000 0 0 |
| Towards Straightening Course of Styx and Throsby Creeks, to facilitate the Discharge of Flood-waters | 0,000 0 0 |
65,000 0 0
DEPARTMENT OF MINKS—Metallurgical Works and Appliances and
| expenditure incidental thereto | 10,000 0 0 |
| Carried over | .£1,1112,015 0 0 |
| Brough t over | . . . | £1,192,915 | 0 | 0 |
| A G R I C U L T U R A L | B R A N C H — A g r i c u l t u r a l | College | and | Exper imenta l |
| F a r m s | and | Stat ions | 15,000 | 0 | 0 |
| "WATER | CONSERVATION | AND | I R R I G A T I O N , | A R T E S I A N |
| B O R I N G | AND | P U B L I C | " W A T E R I N G - P L A C E S — |
| Cons t ruc t ion of "Works in connection | with |
| W a t e r Conservat ion, Dis t r ibut ion , Dra in age, for Artesian Bor ing on Stock Rou tes and Crown Land, for the construct ion of Publ ic Wate r ing -p l aces and Appl iances , and expendi ture incidental there to | 100,000 | 0 | 0 |
| W a t e r Supplies for Min ing Townships | 5,000 | 0 | 0 |
| M I S C E L L A N E O U S | S E R V I C E S — C o n s t r u c t i o n | and | Extens ion | of | Telegraph |
| and Telephone Lines general ly | 20,000 | 0 | 0 |
| Total , | P e r m a n e n t | and | Reproduct ive | W o r k s | ,. | £1 ,332,915 | 0 | 0 |
OTHER WORKS.
To be paid ou t of the Consolidated Revenue in th i r ty years , by means
| of | an | A n n u a l | Sinking | F u n d . |
| H A R B O U R S | AND | R I V E R S | B R A N C H — |
| N e w | L igh te r | for | Newcas t le | H a r b o u r | 1,500 | 0 | 0 |
| I m p r o v e m e n t s | to | En t r ance , | Cape | H a w k e | 1,000 | 0 | 0 |
| Dock a t t he Richmond River ... | 1,500 | 0 | 0 |
| Towards conversion | of G r a b Dredges | into |
| S a n d - P u m p | Dredges | 12,000 | 0 | 0 |
| S t ra igh ten ing | Wharf , | Woolloomooloo | Bay, |
| and erect ion of Shed, &c., thereon | 5,000 | 0 | 0 |
| N e w "Wharf a t Man ly Beach | ... | 3,000 | 0 | 0 |
| G O V E R N M E N T | A R C H I T E C T — |
| Pos t | Offices—Erection—Five | Dock , | Pe te r |
| sham, Stockton, and M o u n t | Victor ia | 5,100 | 0 | 0 |
| Pos t | Offices, | minor | t o w n s — E r e c t i o n . . . | G,000 | 0 | 0 |
| Pos t Offices—Purchase of Sites | 3,000 | 0 | 0 |
| Cour t -houses—Erec t ion—Peak | Hil l | and |
| Cour t -house , | &c.—Addi t ions—Bel l ingen | 600 | 0 | 0 |
| Lock-ups—Erec t ion | and | S i t es—Dubbo , | Bur- |
| wood, | J u n e e , | W e e | "Waa, and | Sur ry | H i l l s . . . | 7,700 | 0 | 0 |
| Pol ice | Sta t ions—Erect ion—"Wyalong, | F o r d ' s |
| Bridge, | and | Pal lamal lawa | . . . |
| Hosp i t a l | for | In sane , | Callan | P a r k — F u r t h e r |
Accommodat ion
| Hosp i t a l | for | In sane , | Ryda lmere—Addi t iona l |
| Accommodat ion | 3,500 | 0 | 0 |
| Benevolen t | Asylum, | Rookwood—Two | (2) |
| Addi t ional | Pavi l ions . . . | 3,300 | 0 | 0 |
| Coast | Hospi ta l , | L i t t le | Bay—Accommodat ion |
| for Infect ious Diseases | 3,000 | 0 | 0 |
| Gaols—Addi t ions , | &c.—Young | and | T a m w o r t h | 3,000 | 0 | 0 |
| J u s t i c e | D e p a r t m e n t | Offices, | Sydney—Addi |
| t ions—fur ther sum | .. . | 500 | 0 | 0 |
| Carr ied | over | ... | £05 .700 | 0 | 0 |
| B r o u g h t | over | . . . | £65 ,700 | 0 | 0 |
| R O A D S | AND | B R I D G E S — |
| Bridges (3) "Warrambools on Road "Walgett towards | Brewar r ina , | Abe., Fa l l ' s Creek, | E l len- |
| borough River, | M a r r a | Creek, | nea r | B u t t e r - |
| bone, | Gobarra long, | M u r r u m b i d g e e | River , |
| F i sh River a t O 'Connel l , | Bogan River | a t |
| Monkey , | Namoi | River | a t | W a l g e t t , | G ian t ' s |
| Creek, | Mur ray River a t Al lmry (Moie ty ) , |
| Turon River a t "Willaby Rocks , | Cut tab t i r ra |
Creek (3) , Road Bourke to W a n a a r i n g , Molonglo River a t Foxlow, Ade long Creek a t Moore ' s Crossing, Colombo Creek, N u n n o c k Creek, Tan tawangle River , Coora- digbee Creek, Tenterfield Creek, Tenterfield, N a r r a n River a t Angledool or Ycrambah ,
| Page ' s | River near | Blandford Sta t ion , | M a r r a |
| Creek | a t | H e r m i t a g e , | Bogan | River | a t |
| Buddabadah | . . . | 45,200 | 0 | 0 |
| "Windsor Br idge—Rais ing and | Repai rs—fur |
| N o r t h | Bourke Br idge—Approaches | .. . | 2,000 | 0 | 0 |
| Gundaga i | Br idge—Recons t ruc t ion , | &c. | 18,500 | 0 | 0 |
| Den i son | Br idge , | B a t h u r s t — P r o t e c t i o n | of |
| Macquar io River, Bank a t | . . . | 2,500 | 0 | 0 |
| R o a d — F i t z r o y | Fal ls , | via | Belmoro | Fal ls , | to |
| Rober t son—Devia t ions | 1,150 | 0 | 0 |
| R o a d — M a i n | "Western—-Wood-blocking | por |
t ion be tween City Bounda ry and Glebe
| Road | t h r o u g h | Grand | A r c h — J e n o l a n | Caves | .. | 1,500 | 0 | 0 |
| Enmoro Road—Cont r ibu t ions | towards cost of |
| N e w | Steam F e r r y | P u n t for | George 's | River . . . | 3,800 | 0 | 0 |
| Br idge | a t | Morpe th—ITun te r | River | . . . | 6,000 | 0 | 0 |
| B r idge | at | Melville F o r d — H u n t e r | River | 1,225 | 0 | 0 |
| Br idge a t | Blaxland 's | Crossing, over | N e p e a n |
| B r i d g e — N e p e a n | River—at | Harvey ' s | Crossing | 1,500 | 0 | 0 |
| Road—Granv i l l e to Sou thern Road | (Woodvi l le |
| D E P A R T M E N T | O F M I N E S — C o m p e n s a t i o n | for | cancellation | of | Sale | or |
| Lease of L a n d in t e rms | of section 45 , L a n d Ac t of 1884, and |
| section 2 of | M i n i n g A c t of 1S89 | . . . | 10,000 | 0 | 0 |
| F O R E S T | B R A N C H — F o r th inn ing out | and | otherwise | improving | Fo re s t |
| Total , | O t h e r | W o r k s | £222 ,255 | 0 | 0 |
| G R A N D | T O T A L | £1 ,555,200 | 0 | 0 |
2. Any Stock issued within the Colony under this Act shall, as to
a sum not exceeding One million three hundred and thirty-two thousand
nine hundred and forty-five pounds, he styled " New South Wales Funded Stock," and shall run pari passu and he redeemable con currently with the Stock issued under the provisions of the "Funded Stock Act of 1892," and shall, if sold otherwise than by tender, be purchasable at the Treasury upon any lawful day ; and, as to a sum
not exceeding Two hundred and twenty-two thousand two hundred and fifty-five pounds, shall be styled " New South Wales l925 Stock," and shall be redeemable on the thirtieth day of June, one thousand
nine hundred and twenty-five, by means of a Sinking Fund, for
the purpose of which a sum not exceeding Seven thousand four hundred and eight pounds and ten shillings shall be set apart out of the Consoli
dated Revenue Fund, annually, upon the thirtieth day of June in each year, commencing with the thirtieth day of June, one thousand eight hundred and ninety-six, until the date of redemption ; and such Stock
shall, if sold otherwise than by tender, be purchasable in like manner
| as the Stock hereinbefore mentioned. | 3. |
3. The Governor may make regulations for dealing with the Sinking Fund established by the last preceding section, and may appoint Commissioners.
4. The provisions of the "Funded Stock Act of 1892" relating to the dates for the payment of interest and the method of inscription and transfer of Stock, and the regulations under such Act, and the forms prescribed in the said regulations, are hereby declared to be applicable to, and shall be followed and used, mutatis mutandis, in connection with, all Stock issued within the Colony under the pro visions of this Act.
5. All moneys borrowed under this Act shall be paid to the Treasurer and shall be by him carried to and form part of The General Loan Account, and be appropriated and applied, as required, to the works and services hereinbefore specified, or to any other duly authorised Loan Services, in terms of the " Loans Fund Amalgamation Act of 1879."
6. No liabilities shall be incurred or moneys raised on account of the service herein authorised " To provide accommodation for the Infirm and Destitute at present located at Liverpool, Parramatta, and other Institutions," until such service shall be sanctioned pursuant to, and in accordance with, the provisions of the Public Works Act of 1888, and the proceeds of the sale of any properties in connection with this service, or any other service provided for by this Act, shall be placed to the credit of a special Loan Trust Account in the books of the Treasury, and applied in repayment wholly or in part of the sums raised for such services respectively.
7. All moneys borrowed under this Act and expended to pro mote settlement under the Crown Lands Act of 1895 shall be a charge upon the land cleared or otherwise improved by such expenditure, and shall be repayable to the Crown under and in accordance with the provisions of the said Crown Lands Act of 1895 as the value of an improvement. All such repayments shall be placed to the credit of a Special Loan Trust Account in the books of the Treasury, and applied in repayment, wholly or in part, of the sums raised for such service.
8. Debentures or 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 forbidden to invest in Government Stock or Securities, with
| any liability whatsoever, provided that such investment is in other | out on that account being liable as for a breach of trust or incurring |
| respects reasonable and proper. |
| 9. In this Act the expression " Governor " means the Governor with the advice of the Executive Council; the expression " Treasurer " means the Colonial Treasurer for the time being ; and the expression " Stock" means Inscribed or Funded Stock. |
10. This Act may be cited as the " Loan Act of 1895."