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Amendment to
Schedule C.

Amendment to
Schedule D.

5. Schedule C. to the said Act is hereby amended by adding the following to said schedule:

224. (b) Used clothing of all kinds when imported for sale.

6. Schedule D. to the said Act is hereby amended by adding thereto the following:

232 (b) Cigars, per lb., fifty cents.

Preamble.

Enacting clause.

Power to raise
$400,000 by loan
for certain
purposes.

CAP. XXXVIII.

An Act for Raising a Sum of Money by Loan for the Public
Service of the Colony.

SECTION

1. Power to raise $400,000 by loan
for certain purposes.

2. Debenture Bonds.

W

[PASSED MARCH 22ND, 1910.]

SECTION

3. Interest coupons.

4. Bond and interest chargeable on funds of Colony.

WHEREAS it is expedient to authorize the raising of a sum of money by loan for the Public Services of the Colony;

Be it therefore enacted by the Governor, the Legislative Council, and the House of Assembly, in Legislative Session convened, as follows:

1. The Governor in Council shall have power to raise by the sale of Debenture Bonds of the Colony, issued under the provisions hereof, a sum not exceeding four hundred thou

necessary, shall be applied for the payment of the following

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Bons.

2. The said Debenture Bonds shall be of the face value Debenture of five hundred dollars, and shall mature fifty years from the date of issue, and shall bear interest at the rate of four dollars per centum per annum, payable half yearly, on the first days of January and July in each year The said Debenture Bonds shall be in the form of Schedule A. hereto or as near thereto as the Governor in Council may find convenient, and shall be signed by the Minister of Finance and Customs, and countersigned by the Colonial Secretary, and numbered in succession, from one upwards.

3. Coupons shall be attached to the said Debenture Bonds Interest for the payment of the interest thereon, and shall be in the conpons. form of Schedule B. The said coupons shall be signed by the Minister of Finance and Customs, and countersigned by the Colonial Secretary, provided that the names of the Minister of Finance and Customs and of the Colonial Secretary may be stereotyped as fac simile signatures, and in such case they shall be of the same force and effect as if signed.

4. The said Debenture Bonds and interest aforesaid shall Bond and interest chargeable on be chargeable on and payable out of the funds of the Colony. funds of Colony.

Schedule A.

SCHEDULE A.

NEWFOUNDLAND GOVERNMENT.

Debenture Bond Issued under the Act 10 Ed. VII., Cap. 38.

No. ......

$500.00

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Know all men by these presents, that the Newfoundland Government is indebted to the bearer hereof in the sum of five hundred dollars, which it promises to pay to the bearer hereof at St. John's on the day of 19. The interest upon the said sum at the rate of four dollars per centum per annum, the said Government promises to pay at St. John's on the second day of January and on the first day of July, in each year, on the presentation of one of the coupons attached hereto.

In witness whereof, the Governor has caused these presents to be signed by the Minister of Finance and Customs of this Colony, and countersigned by the Colonial Secretary thereof, this day of

19

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Minister of Finance and Customs.

Colonial Secretary.

the

SCHEDULE B.

NEWFOUNDLAND GOVERNMENT.

Debenture Coupon ($10 00.)

The Newfoundland Government will pay to the bearer on Schedule B.

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Treasury, St. John's, being six months' interest on Bond

No.

Minister of Finance and Customs.

Colonial Secretary.

CAP. XXXIX.

An Act for liaising a Sum of Money by Loan for the Extension of the Railway System of the Colony.

SECTION

1. Governor in Council may raise loan of £800,000 stg.

2. Application of loan.

3. Loan subject to "Colonial Stock Acts, 1877 to 1900."

4. Appointment of agent to effect loan.

BE

[PASSED MARCH 22ND, 1910.]

SECTION

5. Agreement with Bank for inscrip-
tion of stock and other pur-
poses.

6. Respecting the payment of in-
terest half-yearly.

7. Stocks available for Sinking Fund
under the Act 58 Vic. c. 13.

E it enacted by the Governor, the Legislative Council, Enacting clause, and the House of Assembly, in Legislative Session convened, as follows:

Governor in

Council may raise

sterling.

1. The Governor in Council shall have power to raise a loan of £800,000 loan upon the credit of the Colony not exceeding the sum of eight hundred thousand pounds sterling, which sum, with interest thereon at a rate not exceeding three and one-half per centum per annum, payable half yearly, on the first days of July and January in each year, shall be chargeable upon and shall be repayable out of the funds of the Colony at the time and in the manner hereinafter provided.

Application of loan.

Loan subject to "Colonial Stock Acts, 1877 to 1900."

2. The said sum, or so much thereof as shall be necessary. shall be applied to the following purposes, that is to say:—

The building of five branch lines of Railway to connect with the Newfoundland Railway between St. John's and Port-aux-Basques, as follows:

(1) A branch commencing at a point on the Newfoundland Railway near Shoal Harbor. and extending to Bonavista.

(2) A branch commencing at a point near Broad Cove, on the said Newfoundland Railway, and extending to Heart's Content and Grate's Cove.

(3) A branch commencing at a point on the West End branch of the said Newfoundland Railway, and extending to Trepassey by way of the Southern Shore

(4) A branch commencing at a point between Come-byChauce and Northern Bight, on the said Newfoundland Railway, and extending to a place to be agreed upon in Fortune Bay.

(5) A branch commencing at a point near Howley or Bay of Islands, on the said Newfoundland Railway, to be hereafter agreed upon, and extending to Bonne Bay.

3. The said loan may be raised by the issue of stock in accordance with the Acts 40 and 41 Vic, cap 59, and 55 and 56 Vic., cap. 33, and 63 and 64 Vic, cap 62, of the Parlia

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