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Government Notices. NELSON HARBOR WORKS LOAN. SEALED TENDERB~wiIi be received at the Superintendent's Office, Nelsoa, up to Four o'clock p.m. on the 31st day of DECEMBER next, from PERSONS willing to ADVANCE and LEND to the Superintendent of the Province of Nelson an AMOUNT not exceeding £27,000, upon security of a mortgage ofthe Land mentioned in tbe Schedule hereto. PABTICULARS. It is proposed to expend the 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 the security. The repayment of all money b advanced will beseemed by a Deed of Mortgage of the Land mentioned in the schedule, executed and given according to the provisions of the "Loan Act, 1874." The Mortgage will be for a Term of Twenty Years from the date thereof. Such Deed will contain, amongst tbe other usual provisions in Mortgage Deeds stipulations to the following effect:— (1.) That in the event of the General Government of New Zealand or the Proviocial Government of Nelson requiring to take or use any portion ofthe land comprised in such security for Railway purposes, they shall be at liberty to take and use the same therefore without the consent of tbe Mortgagee being necessary to be obtained, and without the Mortgagee thereof being entitled to any payment or compensation in respect thereof. (2.) lhe Mortgagor shall not be bound to iusure any buildings or erections on the said security. (3.) The interest to be payable half-yearly at Nelson. (4.) The Superintendent to be at liberty • from time tn 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 such mortgage had not been executed, * Tbe ordinary or other revenue of tba Province of Nelson will not be liable to ba charged witb, 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 deed of Mortgage Portions of the land to be included in the security are at present leased for various lerms of years, the rentals now received from the lessees thereof amounting to £1050 per annum, and the rentals increasing for subsequent portions of the terms of tbe lease. The land will be mortgaged subject to such leases. Tenders to state rate of interest per centum, per annum, and to be sent in to the fcuperintendent's Office, Nelson, endorsed " Tender for Loan." SCHEDULE, starting from a point on the Nelson Haven cne chain from the corner of Ru. sell-street, aod bearing 2 j deg. magnetic, continuing the same bearing for a distance of 1300 links, thence by a line bearing 295deg magnetic, for a distance of 2200 links, thence by a line bearing 205deg magnetic, for 5.400 links, thence by a line llSdeg magnetic, for a distance of SOO liuks to the banks ofthe 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 ■■■— _—— ________——^ _. Merchandise' NOW LANDING, Another Shipment of those Useful HAND LOOK-STITCH SEWING MACHINES. ALSO, THE CELEBRATED W A N Z E B, HAND MACHINE. M. LIGHTBAND — o 9&' TO BOOTMAKERS NOW LANDING, 2000 Pairs Closed Uppers, Varied Assortment 1— Excellent in Quality I AMI Seasonably adapted ior the requ rements of SPRING and SUMMER TBADE. English and French Calf; East India Kips lied Maroon Koans White Buck Skins Boot Fronts. And a Large ASSORTMENT of GRINDERY M. LIGHTBAND. COOKHAMS. Now Opening, another Shipment of those Well-known Cookham Boots ! ! M. LIGHTBAND. Boots ! Boots ! ! 100 TRUNKS EX PASITHEA, CHILE, OARTVALE, AND DOUGLAS. SPLENDID ASSORTMENT. Ordered expressly for this Season, Direot from the Manufacturers, AND NOW OPENING. — o — M, LIGHTBAND. 2788—26

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM18741210.2.15.2

Bibliographic details

Nelson Evening Mail, Volume IX, Issue 292, 10 December 1874, Page 4

Word Count
643

Page 4 Advertisements Column 2 Nelson Evening Mail, Volume IX, Issue 292, 10 December 1874, Page 4

Page 4 Advertisements Column 2 Nelson Evening Mail, Volume IX, Issue 292, 10 December 1874, Page 4

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