Home | Databases | WorldLII | Search | Feedback Canterbury Provincial Ordinances

Christ's College Loan Ordinance 1864

15. The Christ's College Loan Ordinance 1864.

Analysis. Preamble.

1. Christ’s College Canterbury to have power to raise Three Thousand Pounds.

2. Money raised to be applied in permanent improvement.

3. Such sum of Three Thousand Pounds and Interest to be a paramount charge upon the property of the Corporation against all claimants.

4. Title.

Whereas it is expedient that power should be conferred upon Christ’s College Canterbury to raise the sum of Three Thousand Pounds by way of mortgage upon the real and personal estate vested in such Corporation:

Be it therefore enacted by the Superintendent of the said Province by and with the advice and consent of the Provincial Council thereof as follows:

1. Christ’s College Canterbury to have power to raise Three Thousand Pounds. It shall be lawful for Christ’s College Canterbury at any time after the passing of this Ordinance to raise any sum not exceeding Three Thousand Pounds by way of mortgage of the real and personal estate vested in the said Corporation and Schedule to this Ordinance with such provisions as to amount of interest on such mortgage moneys and redemption of such mortgage and otherwise as to such Corporation shall seem fit.

2. Money raised to be applied in permanent improvement.

Any sum of money raised under the provisions of this Ordinance shall be applied in the permanent improvement of the excepted lands granted to the Corporation of Christ’s College under Clause 8 of the Canterbury Association Reserves Ordinance Session V. No.2.

3. Such sum of Three Thousand Pounds and Interest to be a paramount charge upon the property of the Corporation against all claimants.

The sum of Three Thousand Pounds or any part thereof and interest on the same shall after execution by the said Body Corporate of any instrument or instruments for the purpose of raising such sum or any part thereof be a first and paramount charge upon all the real or personal estates included in such instrument as against all Bodies Corporate and persons whatsoever.

4. Title.

This Ordinance shall be intituled and may be cited as the “Education Ordinance

1864."

Sections to be dealt with.

321.

322.

68.

85.

86.

88.

73-84

87-89

90.

91.

93.

95. Kaiapoi Town

Rural

Rural

Christchurch Town Christchurch Town Christchurch Town Christchurch Town Christchurch Town Christchurch Town Christchurch Town Christchurch Town Christchurch Town 107-109

79-81

5823

5832

5835

5947

6048

6004

6000

5961

5956

5824 Lyttelton Town. Lyttelton Town

Rural Rural Rural Rural Rural Rural Rural Rural Rural Rural

Notes.

This Ordinance was passed by the Canterbury Provincial Council on 29th

September 1864, and assented to by the Superintendent on 30th September.