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letters were subsequently received from the Assistant Solicitor to the London County
Council, relative to the amended application of the Vestry for a loan of 4,7,000 in reaped to
Town Hall, stating that the Finance Committee were sending up a recommendation to the
Council for the advance of a further sum of £6,750 repayable as to £5,550 within 30 years,
and as to £1,900 within 15 years at 3 per cent, and that if the Vestry wished the loan
advanced before October, there was no time to consider and report as to the augmented
addition of 4250: that the 41,200 repayable within 15 years represents expenditure on the
Clock, Ventilator, Heating and Hot Water apparatus and the item of 4500 for contingencies
and asking whether the Vestry were prepared to take up the loan upon theme terms.
The Clerk was instructed to at once write in reply, agreeing on behalf of the Vestry to
the terms proposed.
A loan of £6,750 was subsequently taken up by the Vestry.
On 16th March, 1897, the Vestry resolved, upon the recommendation of the Town Hall
committee, that the Clerk be instructed when applying lor the balance of the loan required
for the extras on the contract for the Buildings, the amount of which is not yet ascertainable,
to include in such application a sum of £1,000 for the furnitures.