To the Editor of the "Noata-Curva Dairy News."
81n,—It ie quite possible that it may not be clear to the majority of th Ratepayers how the recommendations of the Council concerning concessions tu be granted to the Tramway are to come before the Annual Meeting. Will you kindly oblige with space for the following 1.—In the Manicipal Gazette of 5, the Council gives notice of certain recommendations favourable to the Tramway Compaoy which they promise to submit to the Ratepayers' Annual Meeting.
2.—Ia the Gazette of Febroary 24 among the Resolutions notified by the Coancil to be brought forward at this meeting 9 formal resolation concern ing recommendations are given.
3.—In place of par. 2 (above) page 46 of the Budget reads as follows Contributions from Public Companies Tle. 9,001—The proposed re-Gaction of the Tramway Royalty to Tle. 1, until such time as the Company iv upon a paying basis, has been fully explained recent published correspondence between the Company and the Coancil. It is one of a series of Concessions that the Council has felt impelled to make in response to the Company's earnest representations, and by the insertive of a nowival sam io the Budget th ers' ratification vf the concessions is sought.
There are three points of recommenda (a)—Royalty.
(b)—Power.
(c)—Road maintenance.
(s).—The som of Th. 1 Tramway Royalty covers "such time as the Company ix upon " paying ie. the collection of Royalty is waived for the present, to be restored op Gross Receipts befure the Tramway Company can declare a dividend to its shareholders.
(b).—Power, as 3 above—l fail to find specification mentioned in the Budget, bat assume thet the recom
Text read from the printed page and cleaned; old type leaves the occasional error.