No. XVIII.
An Act to enable the Government to raise a
| Loan for Public Works. | [11th August, |
| 1875.] |
| hundred and thirty-five thousand six hundred and ninety pounds for | WH E R E A S it is expedient to authorize the Government to borrow certain sums of money amounting in the whole to Two |
| 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 Colon and bearing interest at a rate not exceeding four per centum per annum such several sums of money not exceeding in the whole the sum of Two hundred and thirty-five thousand six hundred and ninety pounds as may be required for the following several purposes not exceeding for the same respec tively the several sums respectively set against such purposes :— |
| RAILWAY EXTENSION : — |
| For additional Rolling Stock | £50,000 0 0 |
| For additional Machinery | 5,000 0 0 |
| For Trial Surveys | 20,000 0 0 |
75,000 0 0
HARBOURS AND RIVERS :—
| Reclamation of Blackwattle Swamp further sum | 10,C00 | 0 | 0 |
| Improving the navigation of the Murrumbidgee |
| River further sum... | ... | ... | ... | 4,000 | 0 | 0 |
Improving the navigation of the Darling River
Newcastle Wharf—Cranes Hydraulic Engine-
| house and Apparatus | ... | ... | ... | 20,000 | 0 | 0 |
36,000 0 0
Completion of New General Post Office further
| Custom House Newcastle further sum | ... | 5,000 0 | 0 |
| Light-house at Seal Rocks further sum | ... | 3,000 | 0 | 0 |
11,000 0 0
ROADS AND BRID&ES:—
| Bridge over Hunter at Elderslio | 1,200 0 0 |
| Bridge at Casino further sum ... | ... | ... | 3,000 | 0 | 0 |
| Purchase of Richmond Bridge | 7,000 0 0 |
11,200 0 0
FORTIFICATIONS :—
| Towards completing the Fortifications of Port Jackson | ... | 5,000 | 0 | 0 |
| Carried forward | £138,200 0 0 |
| Brought forward | £138,200 0 0 |
ELECTRIC TELEGRAPHS :—
| Bourke to Wentworth | 30,000 0 0 |
| Coonabarabran to Coonanible ... | ... | ... | 4,200 | 0 | 0 |
| Warialda to Goondawindi | 4,000 0 0 |
| Orange to Wellington via Molong | ... | ... | 3,500 | 0 | 0 |
| Wollombi to Siugleton (3 wires) | 2,600 0 0 |
| Glen limes to Grafton via Newton Boyd | ... | 7,200 | 0 | 0 |
| St. Leonards to Manly Beach | 600 0 | 0 |
| Bourke to | Rutherford's | ... | 4,800 0 | 0 |
| Additional sum for Line to the Tweed | ... | 1,000 | 0 | 0 |
| Iron Poles for Railway Extensions | ... | ... | 15,000 | 0 | 0 |
| Newcastle to Wallsend | 600 0 0 |
| Singleton via Jerry's Plains to Denman | 1,850 0 0 |
| Moruya to Bega | 3,500 0 0 |
| "West Kempsey to Grafton via the Nambucca |
| and Bellinger | Rivers | 7,500 0 0 |
| Balrauald to the Victorian Boundary... | ... | 2,000 | 0 | 0 |
| Dubbo to Warren | 3,500 0 0 |
| St. Leonards to Hunter's Hill and Gladesville | 340 0 0 |
| Wagga Wagga to Narandera ... | ... | ... | 3,500 0 | 0 |
| To connect Murrumburrah | 1,200 0 0 |
97,490 0 0
2. All sums borrowed or authorized to be applied under this Act shall be paid to the Colonial Treasurer and shall be by him placed to a separate credit to be called " The Loan Fund" and no part of the money so borrowed shall on any pretence be paid used or applied directly or indirectly either temporarily or otherwise to or for any public purpose other than the purposes respectively to which the same is hereby directed to be applied.
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
| upon and payable out of the sums so borrowed as aforesaid. | order and direct And the payments so to be made shall be charged |
| 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
1875."