A Approved and ordered this 0 day of .IfttAtt, A. 192 0 TUOr ( Lieuteinant4ommm At the Executive Council Chamber, Victoria, PRESENT:

The Honourable

Mr. in the Chair. Mr. Mr. Mr. Mr. Mr. Mr. Mr.

To His Honour The Lieutenant-Governor in Council: The undersigned has the honour to report: THAT by Section 2 of the British Columbia loan Aot 1919 being Chapter 49 of the Statutes of British Columbia ftDr the year 1919 power is given to the Dieutonant-Governor-in-Couneil to renew and re-issue Treasury Bills issued under the said Act; AND TEAT in pursuiince of Orders-in-Council approved during the present your numbered 420,451,452,453,504,549,655,666, 673,674,790,872,883,884,932,923 and 1040 the following Treasury Bills as dated and numbered, bearint: interest at 5% per annum and amounting inthe aggregate to One million eight hundred and forty-five thousand dollars (01,846,000.) wore issued to The Canadian Bank of Commerce; Date Number Amourkt. 20 . 2.2.1. .1; 50,000. 21 March 1920. A.A.3. 100,000. 31 March 1920. 141C.2. 70,000. 31 March 1920. 100,000. 8 . 11•11•2.• 100,000. 12 April 1920. R.R.1. 50,000. 20 April 1920. U•11•1• 200,000. 20 April 1920. S•S•l• 300,000. 20 April 1920. D.D.7. 200,000. 30 April 1920. H.H.7. 250,000. 16 May 1920. 250,000. 15 May 1920. 25,000. 19 May 1920. D.D.D.1. 25,000. 19 May 1920. C,C.C.i. 25,000. 26 May 1920. E•E•E•l• 25,000. 26 May 1920. 25,000. 14 . ::.1:.N.1. 00 .000. i%.845.000.

AND THAT all of the said Treasury Bills become duo hnd payable on the 30th duy of June 1920 and The Canadian Bank of Commerce has agreed to renew the said Treasury Bills: AND THAT the Minister of Finance has arranged with The Canadian Bank of Commerce to issue to The Canadian Bank of Commerce in renewal of all of the said Treasury Bills dated and numbered as above recited, a Treasury Bill in the form f011owing: "PROVINCE OF BaITISE COLUMBIA, Treasury Bill, Itictoria,British Columbia, 11,845,000.00 30th June 1920. This Treasury Bill entitles The Canadian Bank of Commerce or order to payment of One million eight hundred and forty-five thousand dollars with interest at five (5) per centum per annum at the Banking House of The Canadian Bunk of Commerce,Victoria, B.C. out of the Consolidated Revenue Fund of the Frovince of British Columbia on the first day of ."

AND THAT The Canadian Bank of Commerce has agreed to aooept the said Treasury Bill in renewal of all of the said Treasury Bills, dated and numbered as above recited; AND TO RECOMMEND THAT the renewal of all of the said Treasury Bills dated and numbered as above recited in the manner and on the terms set out in the recitals hereto be approved. Dated this 30th day of June A.D.1920

'1 4." nister of Finance.

/ Approved this 30th day of June

Presidfig mber 0////7the Executive Council.