Public Loan Act 1862 No 9a (NSW)

3446	No. 19.	25 ̂ VIC.	1862.
Fublic Loan.

No. XIX.

P ublic L oan. An Act to enable the Government to raise a Loan for certain Public Works and for other purposes. \2^tli January, 1862.]

Preamble. 'TTTIIEllEA S it is expedient to authorize the Government to lioi’row

V V certain sums of money amounting in the whole to One million

seven hundred and eighty-two thousand three hundred and seventy pounds fourteen shillings and sixpence for the several purposes lierein- after 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 assembled and by the authority of the same as follows;—

Loan of

£1,782,370 14s. Cd,

1. It shall be lawful for the Governor witli the advice of the Executive Council to raise by the sale of Debentures secured upon the Consolidated Bevenue Eund 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 One million seven hundred and eighty-two thousand three hundred and seventy pounds fourteen shillings and sixpence as may be required for the following several purposes not exceeding for the same respectively tlic several sums respectively set against such purposes—

F or K ailways—

£ s. d.

Valuation of Land...................................................... 675

Works in progress—Authorized Extensions ... 9,184

Northern Line to Terminus at Morpeth ............ 20,000

Erection of a Carriage Shed and Machine Shop and

fixing of an Engine Turn Table Great Northern

Line ............................................................... 5,000

Bridge over Hunter River at Singleton ............ 40.000

Bridge over the Nepean River at Penrith ............	70.000
Great Southern Railway to Goul-

b u r n ...................................... £688,000 0 0

Land for Great Southern Railway

to Goulburn .................... 16,200 0 0

Rolling Stock for Southern Ex­

tension—Engines only ... 20,000 0 0

724,200

Trial Surveys ...................................................... 7,000

Great Western Line to the Nepean .................... 30,000

Great Western Line from Penrith towards

Bathurst ...................................................... 250.000

Great Northern Lino towards Armidale ............ 250.000

Horse Railway Line from Blacktown to AVindsor

and Richmond .............................................. 60,000 0 0

Additions and Alterations to AA^orkshops and

Stations.............................................................. 10,000 0 0

1,476,059 0 0

F or E lectric Telegraphs—

To the Burrangong Gold F ie ld s ................. 14,000

Prom Tenterfield to Grafton ................. 8,400

To AVollongong and K iam a .......................... 4.000

From Mudgee to AA'̂ cllington ................. 4.000

Second AVire from Scone to Muswellbrook.	350
Second AVire from Newcastle to Singleton .	700

31,450 0 0

Carried £ 1,507,509 0 0

1862.	25̂ ’ VIC.	No. 19.	3447
Public Loan.

Brought over £1,507,509 0 0

Foil Bridges—

Bridge over River at Bargo.....................................	£3,000	0 0
Bridge over River Hunter at West Maitland in

lieu of Dam th ere ............................................. Bridge and Approaches over Murrumbidgee River	6,000	0	0
at G undagai...................................................... Bridge over River at Doniliquin.............................	24,000	0	0
8,000	0	0

Bridge over River at Moama	...........	10,000	0	0
Bridge over River at Nanami	.............................	5,000	0	0

Bridge over Namoi River at N arrabri.................... 4,000 0 0

60,000 0 0

F or P ublic W orks and Buildings—

Erection of Police Barracks Sydney and Country

Districts ...................................................... 10,000 0 0

Free Public Library ............................................. 25,000 0 0

District Court Sydney .............................................	10,000	0	0
Improvement of Accommodation in Gaols and

Penal Establishment ..................................... 20,000 0 0

Improvements to Shoalhaven River further sum...	3,000	0 0
Improvements to Moruya R iv e r .............................	5,000	0 0
Extension of Wharf Accommodation at Newcastle	5,000	0 0

For the purcha.se of Steam Cranes .................... 3,400 0 0

Construction of Pier Shell Harbour .................... 700 0 0

Construction of Stone Dyke Bullock Island New­

castle ............................................................... 1,000 0 0

Construction of Dyke Shoalhaven River ............ 1,000 0 0

Construction of Wharf U lladulla...........................	2,500	0	0
Construction of a Breakwater and Pier at Bellambi	10,000	0 0
“Towards completing the erection of the University

of Sydney ...................................................... 5,000 0 0

101,600 0 0

(Compensation to the Municipal Council of Sydney

for Land resumed under the Water Act 17

Vic. No. 35 ............................................................. 43,261 14

To encourage the formation of Juvenile Reformatories ..	20,000 0
For the purpose of assisting Immigration to this Colony	50,000 0

T otal ............................. £1,782,370 14 6

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

Colonial Treasurer and shall be by him placed to the credit of the Con-	accounted for.
solidated Revenue Pund 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.

3. The said Treasurer shall issue and pay the said several sums Treasurer to pay

for the purposes hereinbefore mentioned to such persons upon such <̂o'*̂ '̂'nor’s

warrant

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 And to receive credit

be allowed credit ibr every sum of money paid by him in pursuance of such warrant or order in writing as aforesaid and the receipt of each and every person to whom the same shall be so paid shall be a full and 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 a— VOL. 4. No. XX.