Page 2 Advertisements Column 2

Nelson Evening Mail, Volume IX, Issue 271, 16 November 1874, Page 2

NEW ADVERTISEMENTS. . «ELSON HARBOR WORKS ALOA ,!._ . SEALED T. NDERS will be received at the Superinttndent's Office, Ne'son, np to Four o'clock p.m on the 31st day of DECRMBER next, from PERSONS willing t. ADVANCE and LEND to the SopebinTKNDKNT Of the Pa> VIRCE of N_E,Bot. an AMOUNT not exceeding £27 000," upon f ecuritv of a mortgage of the Land mentioned in the Schedule hereto PARTICULARS. It is proposed to expend tho money to be borrowed in the construction of a Wharf and Dry Dock, and Reclaiming Land in the Nelson Harbor, which works will form part of theiecurity. The repayment of all moneys advanced will be secured by a Deed of Mortgage of the Land mentioned in the schedule, executed and given according to the provisions ofthe "Loan Act, 1874." The Mortgage will he for a Term of Twenty Years from the date thereof. Such Deed will contain, amongst the other ura.l provisio s in Mortgage Deeds stipulations to the following effect: — ' (] (1 ) That in the event of ;| the General Government of New Zealand or the Provincial Government of Nelsoa requiring to take or use any portion ofthe land comprised in such se urity for Railway purposes, they shall be at liberty to tike and use the same therefore with nt the rou'ent of tbe Mortgagee being nects«ary to be obtained, and without the Mortgagee thereof being entitled to any payment or compensation in resrect thereof. • (2) The Mortgagor shall not be bound to insure any buildings or erections on the said security. (3.) The interest to be payable h .If-yeariy at Nelson. (4) The Superintendent to he at. l.berty from time tb time to grant any lease or leases of the said land or any part thereof without the consent of? the Mortgagee, and such leases to be as valid as if auch mortgage had not been executed. The ordinary or other revenue of the Province of Nelson will not be liable to be charged with, or be liable for, the repayment of any moneys to be so advance*), nor will the Superintendent be personally; liable by reason of his signing any puchAdeed of Mortgage. Portions of the land to be included in the security are at present leased for various terms of years, the rentals now received from the lessees thereof amounting to .£IOSO per annnm, and the rentals increasing for subsequent portions of the terms of tf c lease. The land will be mortgaged subject to such leases.-., „" y - '.'■',:■ ; .; Tenders to state rate of inter* st per cc ftum, per annum, and to ba sent in to the Superintendent's Office, Nelson, endorsed " Tender for Loan;" SCHEDULE. Starting from a point on the Nelson Haven one chain from the corner of Rucsell-atreet. and bearing 2> deg. magnetic, continuing the same bearing for a distance ofjil3ffo links, thence by a line bearing 295deg ! magnetic, for a distance of 2200 links, thence by aline bearing 2Qsdeg magnetic, for .3 400 links, thence by a line lls>l-g m.gnetic. for a distance of 800 links to the baoks of the Harbor on Wakefield Quay, and thence by the road to the point from whence tbis description commenced.

(Signed) OSWALD CURTIS, Superintendent. Neleon, November U, 1874. 2966 HOTEL. OLDEST FREE HOUSS IN NELSON. Hennessy's BRAND IE H. Y.O. - - 6s. 6d. - - 6s. * -v - - 55..' : .:; Draft - - 4s. 6d. t£j§r The above mentioned Goods are FIRST-CLASS, An Ordinary every Day at One o'doc including a Glats of Sparkling Ale. BOARD ON THE MOST REASONABLE TERMS. GEORGE THOMPSON, 2760 Proprietor.