Public Purposes Loan Act 1876 (SA)

ANNO ' TRICESIMO NON0 ET QUADRAGESIMO

No. 57.

An Act to provide Funds to the amount o f Seven Hundred and F@y-

one Thousand Xix Hundred Pounds for various Public

Works and for other purposes.

[Assented to, 1'7th November, 18'764

HEREAS i t is necessary to provide funds by loan for various Preamble.

W public purposes-Be it Enacted by the ~ o v e r n i r of the

Frovince of South Australia, with the advice and consent of the

Legislative Council and House of Assembly of the Province of South

Australia, in this present Parliament assembled, as follows:

1. I t shall be lawful for the Treasurer for the time being of the Form of bond

said Province, from time to time to issue and sell bonds for a sum not exceeding in the whole Sewn Hundred and Fifty-one Thousand Six Hundred Pounds, for such amounts as he may deem expedient, and such bonds shall bc in the form following, that is to say-

Pounds, and interest thereon at the rate of Pour Pounds

South Australian Governmcnt Revenue Securities.

No. [Royal Arms.] No.

(Authorized by Act of Parliament, No. of 1876.)

I, the Treasurer of the Province of South Australia,

in consideration of the sum of

Pounds, paid to me for public purposes, do hereby bind myself to pay to the holder for the time being of this present obligation the sum of

39" & 40" VICTORIA3, No. 57.

The Public Puyoses Zoan Act.-1876.

Pounds per cent. pcr annum; such interest to be payable on the first day of January and the first day of July in every year, and the principal to be paid on the first day of, in thc year one thousand nine hundred and

Sealed with my seal. Dated the day of

one thousand cight hundrcd and

Signed, sealed, and delivered in \

thc presence of j

(Bond transferable by delivery).

And the principal and interest shall be payable at the Treasury, in Adelaide, or in London, at the office of the South Austr a 1' lan

Govcrnmcnt-the place of payment being declared at time of such

sale and duly notified on the bonds.

Interest et four per

2. The said bonds shall bear interest at the rate of Four Pounds per centum per annum; and t?~e interest and principal upon such bonds shall be paid to the holder thereof at such plncc and at such

cent.

When payable.

time as may be specified ou provided thercin: Providcd that the principal shall not be peyable or paid before the expiration of thirty years, and the time appointed for payment thereof shall not extend beyond fifty yews from the time of the issue of thc said bonds.

Application of

3. All sums of money raised and received by the Treasurer upon and distinct accounts, and shall bc applied to thc seveid pur- poses set forth in the Schedulc hereto, and to thc cxtcnt therein set forth; and shall be so applied by the Treasurer in such amounts and manncr as the Governor, by any warrant tulrlcr his hand, countersigned by the Chief Secretary, may from time to timcb autho- rize and (1'iect: Providcd always, that thcrc sludl l ~ c paid out of the sums so raised all principal moneys payable in respect of certain

moneys.

the securities of thc said bonds sllall be carried bp him to seprate

to authdrize thc raising of One Hunclreed and Thirty-ninc Thousand Treasury Bills issued under Act No. 32 of 1872, entitled " An Act

Pounds for public purposes, by Trrasury Bills," which sum lras already been expended upon certain of th;? Public Works included

in the mid Schedule: And proviclcd further, that the authority

possessed by thc Trcnsnrcr under the said Acts to iiwne Treasury

Bills shall henceforth ccase and clct ermine.

Payment of principal

4. The Treasurer shall, m d he is hereby required, in each and every half-year from the first raising of any sums of money under authority hereof, until the whole amount so raised, ancl all interest thereon, shall have been duly paid, to set apart such sum as shall suffice to pay the amount of bonds redeernablc during the ensuing half-year, together with interest upon all bonds which shall then bear mterest; and shall apply such sum in payment of mch bonds and interest aforesaid, in manncr specified in such bonds..

and intereat.

89" & 40" VICTORIB, No. 57. 3

The Public Purposes Loun Act.-1876,

for salaries of officers for the said Public Works hereby authorized parliament. 5. So much of the moneys raised under this Act, as may be required ~;$!~e~~

to be constructed, shall be annually submitted to ~arliarhcnt.

6. The Governor may from time to time, by warrant under his Advances.

hand, countersigned by the Chief Secretary, authorize the Treasurer to advance and pay to the proper Responsible Minister of the Crown, for the purposes of this Act, any sums of money not exceeding in the whole the sum hereby iiuthorized to be raised; and any gums of money so advanced and paid shall be retained by the Treasurer out of any moneys raised by him under the authority hereof.

7. Thc Trcasurcr shall on or before the thirtieth day of Returns.

September in each year, cause an account in abstract to be prepared of the whole receipts and of the expenditure of a11 moneys advanced to him for the purposes of this Act for the year prcccding, under the scvcrd distinct heads of receipt and expenditure, with a statement of the balance of such account duly audited and certified by the Auditor-General, and a copy of such account shall be forthwith published in the Government Gazette.

8. This Act may be cited as " The Public Purposes Loan Act, short title.

1876.:'

In the ilame a i d on behalf of Her Majcsty, I hereby

assent to this Bill.

A. MUSGRAVE, Governor.

SCHEDULE

The Public Purposes Loan Act.-1876.

SCHEDULE REFERRED TO.

S S. $. % S . c i .

1 Jetty-Xtansbury . ...................................... 4. 410 0 0

"	PointTurton .................................... 2. 156 0 0
Minlacowie ...................................... 7. 600 0 0
Port Victoria .................................. 5. 194 0 0
I.	Rivoli Bay ...................................... 27. 000 0 0

........................................

" Hing~ton 37. 330 0 0

L 6 Louth Bay ...................................... 1. 089 0 0

I. and Causeway. Point McLcay ...................... 1. 671 0 0

Causeway. Cape Jaffa Lighthouse .......................... 1. 860 0 0

88.300 0 0

2 Harbor Improvements-Port Adelaide . ...................... 130. 000 0 0

I b 6. " Makefield ................... 9. 890 0 0

66 6 6 I L Pirie 10. 000 O 0

........................

-- 149. 890 0 0

3 . Lighthouse and Lightkeepers' Cottages-First Order Light.

Althorpe Island ................................ 6. 480 0 0

Lighthouse and Lightkeepers' Cottages. Rivoli .Bay. for Third

Order Light (inclu&og Approaches) ................... 2. 1GO 0 0

8. 640 0 0

4 . Telegraph-Port Augusta and Port Darvin ................ 210. 900 0 0

L' Port Augu~ta and Eucla. v ia Streaky Bay. in-

cluding branch t n Port Lincoln and Additional Wire fiom Adelaide to Port Angusta to connect

with Euclaline .......................... 19. 400 0 0

I. Kingston to Naracorrte and Border Town ........ 7. 230 0 0

237. 530 0 0

Water Supply. Yorke's Peninsula ........................ 15. 000 0 0

66 Magi11 ................................ 3. 000 0 0

41 Glenelg 27. 000 0 0

..................................

L Extensiou. Port Pirle ..................... 27. 440 0 0

-- 72. 440 0 0

Completion Drainage. South-Eafitern District ..............	64. 800 0 0
Ereclion of' 8choolhouaes ................................	100. 000 0 0

h orthern Territory p q o s u u ............................ 30. 000 0 0

.......... ...

.. ......... -. . .

..

Adelaide: By authority, V . C. Cox,