Public Purposes Loan Act 1878 (SA)

ANNO QUADRAGESIMO PRIM0 ET QUADRAGESIMO

SECUNDO

A. D. 1878.

No. 129,

An Act to provide finds to the amount of Two Million and

fifty-eight Thousand Pounds for various Pu6Zic Works, and

for other purposes.

[Assented to, 30 th November, 1 878.1

THEREAS i t is necessary to provide funds by loan or various fieamble.

1 Province of South Australia, with the advice and consent of the public purposes-Be it Enacted by the Governor of the

Legislative Council and House of Assembly of the Province of South

Australia, in this present Parliament assembled, as follows:

said province, from time to time, to issue and sell bonds for n sum bonds. 1. It shall be lawful for the Treasurer for the time being of the Treasurer may irmsue

not exceeding in the whole Two Million and Fifty-eight Thousand

Pounds for such amounts as he may deem expedient, and such +

bonds shall be in the form following, that is to say-

in consideration of the sum of	I, the Treasurer of the Province of South Australia, bind myself to pay to the holder for the time beiug
of this present obligation the sum of Pounds

South Australian Government Revenue Securities.

NO. Poyn l Arms.] No. Form of bond.

(Authorised by Act of Parliament, No. of 1878.)

E ;E

41" & 426 VICTORIB, No. 129.

Public Purposes Loan Act.-1878.

Pounds, and interest thereon at the rate of Four Pounds per centum per annunl; 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 the year one thousand nine hundred and

Sealed with my seal. Dated the wr day of

one thousand eight hundred and

Signed, sealed, and delivered in

the presence of * )

(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 Australian Government-the place of payment being declared at time of such sale and duly notified on the bonds.

Intemut at four per 2.

The said bonds shall bear interest at the rate of Four Pounds per centum per annum; and the ihterest m d principal upon such bonds shall be paid to the holder thereof at such place and at such time as may be specified or provided therein: Provided that the

osn t.

men principal shall not be payable or paid before the expiration of thirty year6 and the time appointed for payment thereof shall not extend beyond fifty years from the time of the issue of the said bonds.

Appli~tion d

moneys.

3. All sums of money raised and received by the Treasurer upon the securities of the said bonds shall be carried by him to separate and distinct accounts, and shall be applied to the several purposes set forth in the Schedule hereto, and to the extent therein set forth; and shall be so applied by the Treasurer in such amounts and manner as the Governor, by any warrant under his hand, countersigned by the Chkf Secretary, may from time to time autho-

rise and direct.

~a~~emption o f h d a. 4.

The Treasurer shall, and he is hereby required, in each and every half-year from the first raising of any sums of money under

tbereon, shall have been duly paid, to set apart such Burn as shall	authority hereof, until the whole amount so raised, and all interest
suffice to pay the amount of bonds redeemable during the ensuing halfayear, together with interest upon all. honds which shall then hem interest; and shall applyi such sum in payment of such bonds and interest aforesaid, in manner specified in such bonds,

Salariea to be nub-

mitted to Parlinment. 5. So much of the moneys raised under this Act, as may be required for salaries of officers for the said Public Works hereby authorised to be constructed, shall be annually submitted to Pralia- ment.

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

hand, countersigned by the Chief Secretary, authorise the Trewurer

to

41" & 4 2 O VICTORTIE, No. 129.

Public Purlposees Loan Act.-1878.

to advance and to pay to the proper Responsible Minister of the Crown, for the pdrposes of this Act, any sums of money not exceed- ing in the whole the sum hercby authorised to be raised; and any sums of money so advanced and paid shall be retained by the Treasurer out of any moneys raised by him under the authority hereof.

7. The Treasurer shall on or before the thirtieth day of Sep- Beturna0

tember in each year, cause an account in abstract to be prepared of

the whole receipts and of the expenditure of all moneys advanced to him for the purposes of this Act for the year preceding, under the several distinct heads of receipt and expenditure, witli 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, *ho* Title-

1878."

In the name and on behalf of Her Majesty, I hereby assent to

this Bill.

WM. F. DRUMMOND JERVOIS, Governor.

SCHEDULE

416 & 4'LO VLCTORIB, No, 129.

Public Purposes Loan Act-1878.

SCHEDULE REFERRED TO.

To increase height of Wallaroo Jetty, lengthen Ardrossan Jetty,

complete Althorpe Island Lighthouse, and deepen channel

st Port Wakefield... .. .. .. .. .. .. .. ,. ., .. .. .. .. .. .. .. .

Waterworks-Adelaide Suburban. . .. . . . . . .. .. .. .. .. .. ..

4 4 North Adelaide Reservoir .. . . . . . . . . . . . .. . .. . .

U Mount Gambier Water Supply. .. . . . .. .. .. ., ..

Noithem Territor .. . .. ,. . . . .. . . . . .. , .. . . . . . . . .. . . .. .. .

Bauth Australian gailwa R Additional accommodation. . . . ..

~ailaa~s-Adelaide to d i L e. . . . . . . . . . .. .. .... .. .. .. . . . ..

Hallett to Terowie. .. .. .. .. .. .. .. .. .. .. .. .. .. .

' c Terowie to Piohirkhi (with branch to Jarnestown)..

Drainage, South-Eastern District. .. .. .. ,. .. .. .. .. ., .. .. .. ,

Brid ea over the Torrena at Hindmarsh and Maria Creek,

L g s t o n .. . . . .. . .. .. . . . . .. .. . .. . . . . . . . . . . . . . . .. . .

Providing appliances to test dry country for permanent water

by means of arteian and other wells .. . . . , ,. .. .. .. .. ..

Telegraph Extension ,. . . . . . . .. .. . . . . .. .. . . .. . .. . .. . . . ,. .

Defences and Military Road. .. . . . .. ., . . . . ., . . . . . . ,. . . .. ..

Total ......,....... ......., ,,..... .i.~.I1.~.

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By authority: