Public Loan Act 1861 No 21a (NSW)

1861.	2r via	No. 24.	3365
Fuhlic Loan.

No. XXIV.

An Act to enable the Government to raise a public loak.

Loan for certain Public Works. [10 /̂i Maŷ

1861.] .

■TTTnEUEAS it is expedient to authorize the Giovemment to borrow Proambic.

VV certain sums amounting in the whole to One hundred and

thirteen thousand five hundred and thirty-five pounds for the several Public Works 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 of New South Wales in Parliament assembh'd and by the authority of the same as follows:—

1. It shall be lawful for the (Tovernor with the advice of the Loan of £11,1,535 for

Executive Council to raise by tlic sale of Debentures secured upon the	Works.
Consolidated llcvenue Eund of the Colony and bearing interest at a rate not exceeding five per eentum per annum such several sums of money not exceeding in the whole the sum of One hundred and thirteen thousand five hundred and thirty-five pounds as may be required for the following several purposes not exceeding for the same respectively the following several sums that is to say—

Eou I I a i l w a y P u r p o s e s —

Valuation of Land ............................................................... £1,300

Works in Progress—Authorized Extensions.................... 7,020

E o r E l e c t r i c T e l e g r a p h s —

Deniliquin to the Eastern Boundary of South Australia

via Moulamcin Balranald Euston and Wentworth... 25,000

Goulburn to Braidwood ....................................................... 4,000

E o r P u b l i c W o r k s —

Enlargement of the Australian Museum .................... 10,000

New Wharf Woolloomooloo Bay ..................................... 15,265 ,

Towards Improvement of Clarence and Bichmond Bivers 20,000

Improvements to Moruya Biver ...................................... 3,000

Extension of IVharf Accommodation Newcastle ........... 5,000

Purchase of Steam Cranes .............................................. 3,250

Towards Construction of Northern Breakwater Newcastle	5,000
Towards removing obstacles to the Navigation of the

Biver Murray ................................................................ 1,000

Construction of a Bridge over the Lachlan Biver...........	5,000
Construction of a Bridge over Tumut Biver including

£200 for Superintendence ...................................... 2,400

Erection of Lodging Houses and Public Boom at Glebe

Islan d ................................................................................. 5,000

Extension of Circular Quay for the accommodation of

Harbour Steamers ....................................................... 1,300

T o t a l ... £113,535

2. All sums borrowed under this Act shall be paid to the Colo- sums borrowed ),ow

nial Treasurer and shall be by him placed to the credit of the Consoli-	for.
dated Bevenue Eund and shall be applied towards the respective pur­ poses 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 Bevenue of the Colony.

336G Nos. 25 & 26. 24' VIC. 1861.

Immigration Loan.

Treasurer to pay	The Treasurer of tli(̂ said Colony shall issue and pay tin*
under Governor's

warrant	said several sums to such persons for the purposes hereinbefore mentioned upon such days and in such proportions as the Governor Idy 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 pay­ ments so to l)e made shall be charged upon and payable out of the sums so borrowed as aforesaid.
far same.
And to receive credit	4. Tbe said Treasurer shall in his Accounts from tirat; to time be allowed credit for any sum or sums of money paid ,by him in purstiance of such warrant or order in writing as aforesaid and the receipt or receipts of the respective persons to whom the same shall 1)(' so paid shall he a full and valid discharge to the said '̂ Ih’easurer in passing his said Accounts for any such sum or sums as shall be therein mentioned and he shall receive credit for the same accordingly.