Page 14 Advertisements Column 1

Nelson Examiner and New Zealand Chronicle, Volume I, Issue 4, 2 April 1842, Page 14

NOTICE is hereby given that the Delivery of the Nelson Town Sections is . vobtf oned to Monday ths llth of April next. ,-t. - „'•:. . V ." \ . ' S*J»9b>l aiUßiKi, * ' \ ■ > » r?<Bor ttat Chief Surveyor. Surveyor's Office, Nelson, Malta 23. . - - - NOTICE is given' thict thfe New Zealand Company arc in no way responsible for people erecting buildings on the land which is about to be distributed to the purchasers. ' Aethu* Wakbfield. Nelson, March IS. - Agent for Nelson. NOTICE is hereby given that no Timber is to be cut on the 'land about to be distributed to purchasers from the New Zealand Company. Abthub Wakbeield, Nelson, March' 9. Agent for Nelson. ORIGINAL ADVERTISEMENT. NEW. ZEALAND COMPANY. , Governor — Joseph Somes, Esq n Deputy Governor— Hon. Feancib Basing. Dibectoes. Viscount Inoestbe, M.P. Lord Pxtbe. Hbnet A. Aouonbt, Esq., M.P. John Ellbbkeb Boulcott, Esq. John WiiAiax, Esq. William Tatlob Cofeland, Esq., AM., Itf.P. Robßei.jßli.ice, Esq. James Robebt Gowen, Esq. John Hine, Esq. - William Hutt, Esq. M.P. Stbwaxt Mabjobibanks, Esq., M.P. Ross Donnellt Mangles, Esq., M.P. Sir William Molbswobth, Bart. " Alexandeb Naibne, Esq. John'Pibie, Esq., Alderman. Sir Geobob Sinclair, Bart. John Abel Smitb, Esq., M.P. William Thompson, Esq., Alderman, M.P. Hon. Fbedeeick Jambs Tollsmacbe, M.P. Edwabd G. Wakefikld, Esq. Abtbob Willis, Esq. Gbobce Fekdebick Young, Esq. TESMS FOR PURCHASE OF LANDS IN THE SECOND SETTLEMENT. 1. The Company has determined upon the formation' of a Second Settlement upon its territories in New Zealand,, the site of whie^-wlll be selected b." an expedition, to be forthwith ,^ftipst»*it4"fof I[hafc-ipaH<b«tfr'"lt is intended that the site choaen&haU be tie best that may be available at the time of die selection being made; and that the. position, with reference to Fort Nicholson and the Jeftt of New Zealand, shall be such that the lands may reasonably be expected to advance in value with the utmost rapidity.' The Company, therefore, hereby offers for, sale 201,000 acres of land in the proposed Second Settlement, upon the following terms : — 3. The lands are offered' in 1,000 allotments of SOl acres •ach. Each allotstent will consist of three sections, viz., 150 acres of rural ksod, 50 acres of accommodation land in -the immediate proximity of the town, and one town acre. The town will therefore comprise 1<,006 acres, exclusive of reserves for public objects, such as streets, squares, churches, cemeteries, markets, and public gardens or parks. -3. The price of each allotment of 201 acres will be jeT3OO. 4. A deposit *'of j£3o on each allotment must be paid to the Company's bankers, Smith, Patne, and Smith, and the bankers' receipt produced and filed, previous to any application being registered at the Company's house. The residue of the purchase-money will be required on a day of which public notice will be given. In case of default in payment of such residue by the day appointed, the deposit Till thereupon become forfeited to the Company, together with all claim of the applicant to the land applied for. - 5. On payment of his full purchase-money, each purchaser will receive, for each ae?3oo so paid, three separate landorders, viz., for the 160 acres of rural land, the 50 acres of accommodation land, and the town acre respectively. These lands are to be severally selected according to priority of choice, to be determined by lot, as hereinafter mentioned. 6. Three several ballots for priority of choice of the rura sections, accommodation sections, and town sections, in manner to be arranged by the Directors, will take place at the Company's house in London, in the presence of the Directors, and of such purchasers or their agents as may attend, on days of which public notice will be given. The choice of the allotments, of which priority shall have been so determined, will take place in the settlement, as soon after the arrival of the first body of colonists as the requisite surveys snd plans shall have, been completed, and under such regulations as shall be prescribed by the Company's agent, -duly -authorised in that behalf. Neglect or refusal to comply with such regulations in regard to any section, shall occasion a forfeiture of the purchaser's right of choice, and vest it in the Compauy's officer in behalt of such purchaser. 7. The Company engages, subject to an arrangement with her Majesty's Government, to add to the 201,000 acres offered for sale, a quantity equal to one-tenth thereof as native reserves ; so that the quantity of land to be appropriated will in fact consist of 221,100 acres, and the town of 1,100 acres. The plan of the native reserves in the first settlement will be followed, unless the regulations of her Majesty's Government, or any unforeseen difficulty, should prevent its adoption. 8. The Company reserves the right of purchasing a number not exceeding 100 of the 1,000 lots offered for sale, for its own benefit, at the same price, and subject to the same terms in every respect, as other purchasers. 9. The sum of to be received by the Company as I the purchase-moneys of the lands now offered, will be appropriated in the following manner! viz. : — .af 150,000 to the exclusive purpose of emigration to this settlement. y , 4£»0,000 to defray the Company's expenses in selecting the site and establishing the settlement. _^_.- • ■;. Any surplus of this fund to be applied to the j "' • • purposes next mentioned. ! jf 00,000 to public purposes, for rendering the settlement commodious and attractive. As such j ' purposes, it is attended to apply jtfIVOOO to religious uses and endowment* for colonists of all denominations, J&l 5,000 to the esta- j blishment oi a college in the settlement, and j towards the encouragement of steam navigation, for the benefit of the settlement, by way of bounty. ' jffso,ooo to the Company, for its expenses and profit on the use of its capital. Total. jffSOO.OOO • The Company undertakes to apply the purchase-moneys in the proportions stated, or as nearly so as may be practicable, to the several objects previously specified. 10. The whole of the emigration fund, with the exception of £ 20.C00, will be expended in conveying to the new settlement labouring persons, eligible according to the regulations now in force in reference to the first settlement. The jff2O,OOO will be reserved as a special fund, out of which, and to that extent only, allowances will be made to purchasers towards the cost of cabin passages for themselves, their families, and servants, to the settlement. The amount of the allowance will ia no case exceed £ib per cent, of the purchase- money paid by the colonists; and, the fund being limited as above mentioned, preference will be given to the j applicants for the allowance in the order df their respective applications for the same. Particular regulations relative to the mode of obtaining cabin-passage allowances will be hereafter issued; Cut it is to be distinctly understood that the Directors reserve the power of granting, withholding, or adjusting the same, according to the merits of each particular case, and that no application for the allowance will be entertained, under any circumstances, after the expiration of the present year. 2 1 . The Directors reserve a discretionary power of suspend- ■ ing the sales to the public generally, in case they should find it necessary to reserve any number of allotments for sale to actual colonists. 12. The register of applications will be opened on Monday th* Ist of March next, until which day no applications wiU be noticed. Written applications for allotments will thenceforth be received and registered by the Secretary of the Company, until a day of which public notice" will be given, when the land-orders will he awarded, strictly according to priority in the register of applications and to the result of the ballots; and all deposits received will be returned, in case, by reason of the above rule of priority, or from any other cause, 4he Directors shall be unable to award the required ]*sd-ortjers to the whole of the applicants. By order of the Court, New Zealand House, * John Wabd, Sec. »rs«d-surs*«-bitilding* t Feb. 15, 1841.