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ALLIANCE FIRE OFFICE. Established 1824. X "CAPITAL t £5,000,000. riIHE tlnflersigWedV -beiiig- fully; em, JL ' powered,' are prepared* to. grant "policies' of Insurance -ih'the' above 'Company, at the usual colonial rates. „ • A. E. WHITE & CO. Lyttelton, Dec. 10,1856. GOVERNMENT STEAM-BOAT SERVICE FOE THE PROVINCE 'OF CANTERBURY. I. IT is required to establish a regular communication, by means of Steam-boats, between Port Victoriaand the following places : , „ 1. Some point in the River Avon or the River Heathcote, as near as possible to the town of 'Christchurch', 2. Kaiapoi., - ' ' ■ ( *, 3. Akaroa. 11. It'is required at the sametime to;prdvide for occasional steam communication between Port ■Victoria and the several 'landing.places in other •;parts. of the such as the bays- of •Banks's .Peninsula, Motunau, Timaru' &c, for •the purpose^of collecting wool and other produce usually shipped at thosel places. ' ' ... .>/. ; 3?L It is believed that' two steam-boats, at least, will be required to perform this service, one to be employed on the regular line to be established ; the other to be held in reserve in case of accidents, and. to make occasional trips as inducement may offer. It is considered that such boats ought to have at < least forty tons clear stowage room l>elow decks; to be of not less than twenty horse power; to have a .speed < ,not, less than eight knots; and to draw not more than four and a-half feet of water. . , ' . " , IV. .- The' Provincial Government are prepared to 1 enter into a contract'for the performance of the above service for a term of three j'ears, vipon one of the following conditions:— a^-The Government will advance the sum of Floe' Thousand Pounds, (£5,000) to the contractor, receiving valid security for the-in&uranue of the capital advanced. At the termination of the contract, or ' in the event of the capital being'lost by accident, the Government will require its repayment, but the sum so repaid will be again advanced for the maintenance of the same service. No interest will be charged for the time of the contract. b. Secondly, If private capital be emplo37ed, the Government will guarantee a fixed bonus yearly to the1 amount of the yearly loss (if any) estimated to be' incurred by the service. c. Or, thirdly, •" The Government will guarantee a minimum rate of interest on amount ,of the private capital invested in the undertaking. •v. r The Provincial Government are prepared to receive tenders for the performance" of'the above mentioned service. , The tenders must state the mode in which the required service is proposed to be performed—the number of trips which it is, proposed to make in a given time to each of the places specified—the number of the steamboats to be employed—their size, power, and speed, not being less, and their draught not being greater than those respectively'set forth above; andalsotho'timewhen the service will commence. The tenders must also state on which of the abovementioned terms the contractor proposes to treat with the Government. If upon the first —what is'the nature of the security which will be offered. If on the second or third— what will be the amount of the bonus or of the ' rate of interest which the Government will be required to'guarantee yearly. All tenders must "be sent into this office within four months from the date hereof. By his Honor's command, JOSEPH BRITTAN, Provincial Secretary. Provincial Secretary's Office, ■flhristchuroh. Dec. 6, 1856.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/LT18570214.2.3.3

Bibliographic details
Ngā taipitopito pukapuka

Lyttelton Times, Volume VII, Issue 447, 14 February 1857, Page 2

Word count
Tapeke kupu
558

Page 2 Advertisements Column 3 Lyttelton Times, Volume VII, Issue 447, 14 February 1857, Page 2

Page 2 Advertisements Column 3 Lyttelton Times, Volume VII, Issue 447, 14 February 1857, Page 2

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