Public Works Loan Act of 1868 No 10a (NSW)

No. XXVII.

An Act to enable the Government to raise a

Loan for certain Public Works .	[27th April,
1868.]

WH E R E A S it is expedient to authorize; the Government to borrow certain sums of money amounting in the whole to One hundred	and seventy-seven thousand four hundred and seven pounds for the
several purposes 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 assembled and by the authority of the same as follows :—
1. I t shall be lawful for the Governor with the advice of the Executive Council to raise by the sale of Debentures secured upon the Consolidated Revenue Fund 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 hundred and seventy- seven thousand four hundred and seven pounds as may be required for the following several purposes not exceeding for the same respectively the several sums respectively set against such purposes :—

Q RAILWAYS :—

RAILWAYS :—

One half the cost of Telegraph Line from Picton to Goulburn along the line of Railway—charge­ able to Railways	£3,412 0 0
One half the cost of Telegraph Line from Penrith to Bathftrst along the line of Railway—charge­ able to Railways	3,719 0 0

7,131 0 0

I l A R B O U E S AND R l T E E NAVIGATION:—

Removing obstructions and improving the Navi­ gation of the Rivers Murray Murrumbidgee and Darling	10,000 0 0
Towards repair of the Southern Breakwater New­

castle " . . . 5,000 0 0

Coal Staiths Newcastle—further sum ... ... 6,600 0 0

Bridge and Approaches "West Maitland .. ... 1,000 0 0

Additional Punt for new Steam Dredge Sydney

Harbour 4,500 0 0

27,100 0 0

ROADS AND BBIDGES : —

Bridge over the Macquarie River at Wellington ... 8,000 0 0

Iron Bridge over the Lower Murrumbidgee ... 13,000 0 0

Iron Bridge at Tass	10,000 0 0
Iron Bridge at Bathurst	12,000 0 0
Bridge over the Nimboy between Grafton and New
England	15,000 0 0

58,000 0 0

PUBLIC WOEKS AND BUILDINGS:—

Erecting Receiving Houses at the Redfern Railway

Station and the Necropolis 11,000 0 0

Additions and alterations to Abattoirs Glebe Island

including Water Supply ... 13,000 0 0

24,000 0 0

ELECTRIC TELEGEAPHS:—

Glen Innes to Inverell	1,750 0 0
Tamworth to Port Bourke	25,000 0 0
Morpeth via Raymond Terrace to Port Stephens...	1,750 0 0
Armidale to Port Macquarie	7,250 0 0

Burrowa to Young ... ... ... ... ... 1,500 0 0

Araluen to Moruya	2,500 0 0
Kiandra to Cooma	2,500 0 0
Bombala to Panbula and Eden	2,500 0 0

Parramatta to Wiseman's Ferry ... ... ... 1,800 0 0

Re-insulating Line Sydney to Anbury	1,095 0 0
Telegraph Stations Balranald Moulamein and

WeUington ... 4,500 0 0

Stations at Euston and Wentworth	1,900 0 0
One half the cost of Telegraph Line from Picton to Goulburn along the line of Railway—charge­ able to Telegraphs	3,413 0 0
One half the cost of Telegraph Line from Penrith to Bathurst along the Line of Railway—charge­ able to Telegraphs	• 3,718 0 0

G1,17G 0 0

TOTAL £177 ,407 0 0

2. All sums borrowed under tins Act shall be paid to the Colonial Treasurer and shall he hy him placed to the credit of the Consolidated Revenue Fund 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 for the purposes hereinbefore mentioned in such manner 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 he 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 be allowed credit for 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. This Act may be cited as the " Public Works Loan Act of

1868."