Government Notices. NELSON HARBOR WORKS LOAN. SEALED TENDERS will be received at i the Superintendent's Office, Ne'aon, up to Four o'clock p.m on the 3 1st day of DECEMBER next, from PERSONS willing tJ ADVANCE and LEND to the SopebinTENDENT of the pROTiNCE of NELSON an AMOUNT not exceeding £27,000, upon security of a mortgage of the Land mentioned in the Schedule hereto ; PARTICULARS. Ii is proposed to expend the money to be borrowed, in the construction of a Wharf and Dry Dock, and Reclaiming Land in the Melson Harbor, which works will form part of the becurity. The repayment of ail moneys advanced will he secured by a Deed of Mortgage of the Land mentioned in the schedule, executed and given according to the ptovisijms of ihe ." Loan Act, 1874." The Mortgage will be for a Term of Twenty Years from the date thereof. Such Deed will contain, amongst the other usual provisions in Mortgage Deeds stipulations to the following Jeffect:—- (|.) That in tiie event of the General i Government, of New Zealand or the i Provincial Government of Nelson requiring to take or use any portion of the land comprised in such se:urity for Railway purposes, they shall be at liberty to take . and use the same therefore without the > consent of the Mortgagee being necessary to be obtained, and without the Mbrt- ' gagee thereof being entitled to any pay- ; roens or^compensatioa in respeoftbereof. (2.) Ihe^fortgagor shall not Ire bound to insure a y buildings or erections on the said set rity. / (3.>fThe/ iterest to be^ayable half-yearly (40 The Superintendent to be at liberty irom ti ne to Ume to grant any lease or leases ( th&tlaid land or any part thereof withou tb/r consent of the Mortgagee, and BUttvfeases to be as valid as if such mortgage had not been executed. The ordinary or other revenue of tha PrbvincVof Nelson will not be liabie to ba charged with, or be liable for, the repayment of .any moneys to be so advanced, nor will the superintendent be personally liable by reason of his signing any such darihof Mortgage Portions of the land to/Us included in the security are at present leased for various terms of years, the rentals irow received from the lessees thereof amouofing to XI OSO per anhnm, and the rentals/increasing for subsequent portions of the/terms of the lease. The land will be mortgaged subject to such leases. »/ Tenders to statOTate of interest per centum, per annum, aud to be sent in to the buperinteodent's Office, Nelson, endorsed " Tender for Loan." SCHEDULE. Arsrting from a point on the Nelson Haven one chain from the corner of Russell-street, and bearing 2> deg. magnetic, continuing the same bearing for a distance of 1800 links, thence by a line bearing 295deg magnetic, fo( a distance of 2200 links, thence by a line bejirtog 205deg magnetic, for 3,400 links, thence by a line 115deg magnetic, for a distance of 800 links to the banks of the Harbor on Wakefield Quay, and thence by the road to the point from whence this description commenced. (Signed) OSWALD CURTIS, Superintendent. Nelson, November 14, 1874. 2966
General Notices. NOW LANDING, Another Shipment of those Useful HAND LOCKSTITCH , SEWING Machines, \ th£c!)le^rated tr iXz c a HAND MACHINE, M. LIGHTBAND fe"TO BOOTM.A K^R S. NOW LANDIN/^ 2000 Pairs Glosbd Uppers. Aaflbrtment !— Excellent in Quality! Seasonably adapted lor the requ rements of and SUMMER TRADE. Enßlish and Freuch Calf East. lndia Kips Red Maroon Roans White Back Skins Boot Fronts. And a Large ASSORTMENT of GRINDERY M. LIGHTBAND. COOKHAMS. Now Opening, another Shipment of I hose Well-known Cookham Boots ! ! M. LIGHTBAND. Boots I Boots ! ! 100 TRUNKS EX PASITHEA, CHILE, OAIiTVALE, AND DOUGLAS. SPLENDID ASSORTMENT. Ordered expressly for this Season, Direct from the Manufacturers, AND NOW OPENING. Q M, LIGHTBAND. 3768—26
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NEM18741204.2.15.2
Bibliographic details
Nelson Evening Mail, Volume IX, Issue 287, 4 December 1874, Page 4
Word Count
632Page 4 Advertisements Column 2 Nelson Evening Mail, Volume IX, Issue 287, 4 December 1874, Page 4
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