The enclosed letter is an Authority to the Chief Cashier of the
               Bank of England to deliver to the 
Crown Agents for the Colonies
               the 
New Zealand Government 5 per cent Debenture Bond N 1818
               for £500, belonging to the 
British Columbia Sinking Fund (series
               1873), for which you are one of the Trustees, which was drawn on
               the 
17 ultimo, and will be paid off on the 
15 instant.
               
               The proceeds, when received, will be reinvested in the purchase
               of another 
New Zealand Government Bond for a like amount.