Water Supply Act 1857 (SA)
VICTORIB REGINB.
No* 11.
?fAdelaide, |
hy the said A c t directed io be set crpart i92. everyYear.
[Assented to, 27th Jan~znry, | 1858.1 |
REAS by an | of l$%-& | to provide f o ~ | tlie water Prertmhlc. |
W " | supply a d drainngr. of tik G t y of Adrlaidc, tllc Colonid | /. |
lreaswer was authorized and ernpomc.red to issuc boncls, not exceeding in the wholc the
to set apart in cwry yc:~r | tile s l i m of Twenty-eight TI10usan~I | l'ounds, |
or such lesser smn as. in the haid Act is spccificd: | And whercrzs the |
sum of Two IIuneheii 'l'hcusand | Pomds only will bc required for |
the pnrposes of t11c s d Act, and it is therefore: expedient to rqwal so much of the haid Act as authorizes the raising of any largrr sum than Two Ilil~nclred ' ~ ' I J O I I ~ ~ X K. ~ Pounds, and also to provide for setting apart in cvcrjr yrar the 4mn of 'l'wenty Thousand l'ouucls, or
this present Ynrhrnmt assembled, as follom~s- | |||
applied in payment of the bonds by the said Act authorized to be issued, and interest thereon-the said Treasurer shall set apart, in every pear, the sum of Twenty Thousand Pounds, or such lesser sum as shall suffice to pay the amount of bonds issued under the authority of the said Act which may bc redeemable during such year together with interest upon all bonds so issued which shall then bear interest, and shall apply such sum in payment of such bonds, and interest as aforesaid? in manner specified in such bonds. | |||
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