Tauranga Borough v Bank of New Zealand - [1916] NZLR 233

Local Bodies — Special Loan with Ratepayers' Consent — Additional 10 per Cent. raised by Special Order — Bank Overdraft and other Liabilities subsequently incurred in Excess of 10 per Cent. — Proposal to raise Special Loan without Ratepayers' Consent to discharge these Liabilities — "Existing Overdraft or "other Liabilities lawfully incurred" — Local Bodies' Loans Act, ss 16 (a), 18.