Page 50 Advertisements Column 1

Nelson Examiner and New Zealand Chronicle, Volume I, Issue 13, 4 June 1842, Page 50

NOTICE is hereby given, that the Certificates of selection of Town Sections will be ready for delivery at the New Zealand Company's office after the 81st instant, between the hours often ttd four. Proprietors are requested to bring their land orders. Arthur Wakefield. Nelson, May VJ, 1843. ORIGINAL ADVERTISEMENT. NEW ZEALAND COMPANY. • Governor— Joseph Somes, Esq. Deputy Governor— Hon. Francis Babimo. Dibectobs. Viscount Inoestbe, M.P. Lord Petrb. Hbmbt A. Aolionbt, Esq., M.P. John Ellbbkeb. Boclcott, Esq. John William, Esq. William Taylob Copeland, Esq., Aid., M.P. BoasEL Ellice, Esq. James Robebt Gowbw, Esq. John Hinb, Esq. William Hutt, Esq. M.P. Stbwabt Mabjoeibamks, Esq., M.P. Ross Domnbllt Mangles, Esq., M.P. -_ Sir William Molxbworth, Bart. Alexander Naibnk, Esq. John Pirie, Esq., Alderman. Sir George Sinclair, Bart. John Abel Smith, Esq., M.P. William Thompson, Esq., Alderman, M.P. Hon. Fbedbbick James Tollemachb, M.P. Edward G. Wakefuld, Esq. Arthub, Willis, Esq. Georob Frederick Young, Esq. TERMS 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,*^ site of which will be selected by an expedition, to be forthwith despatched for that purpose. It ia intended that the site choseu shall be the best that may be available at the time of the selection being madej and that the position, with w> ference to Port Nicholson and the rest of New Zealand, shall be such that the lands may reasonably be expected to advance in value with the utmort rapidity. The Company, therefore, hereby offers for sale 201,000 acres of land in the prof«wd Second Settlement, upon the following terms : — 2. The lands are offered in 1,000 allotments of 201 acres each. Each allotment will consist of three sections, viz., 190 acres of rural land, &0 acres of accommodation land in the immediate proximity of the town, and one town acre. The town will therefore comprise 1,000 acres, exclusive of reserves for public objects, such as streets, squares, churches, cemeteries, markets, and public gardens or parks. S. The price of each allotment of 201 acres will be .a? 300. 4. A deposit of £i<S on each allotment must be paid to the Company's bankers, Smith, Payne, and Smith, and the bankers' receipt produced and filed, previous to any application being registered at the Company's house. Tl c residue of the purchase-money will be required ona day of which public notice will be given. In case of default in payment of such residue by the day appointed, the deposit wUI thereupon become forfeited to the Company, togeffla* 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 jtf3oo so paid, three separate landorders, vit., 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. S. Three aeveral ballots for priority of choice of the rural 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 requiiHk surveys and plans shall have been completed, and under sucP regifiations as shall be prescribed by the Company's agent, duly authorised in that behalf. Neglect or refusal to comply with such reflations in regard to any section, shall occasion a forfeiture of the purchaser's right of choice, and vest il in the Compauy's officer in behalf 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 avery respect, as other purchasers. p. The sum of j?300,000 to be received by the Company as she purchase- moneys of the lands now offered, will be appropriated in the following manner, vis. : — 4T160,000 to the exclusive purpose of emigration to this settlement. *6**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 purposes next mentioned. 4«0,0OO to public purposes, for rendering the Htfement commodious and attractive. As^toMli purposes, it is attended to apply £ 15,000 tP religious uses and endowments for colonists of all denominations, <er: 5,000 to the establishment of a college in the settlement, and .■£20,000 towards the encouragement of steam navigation, for the ben«6t of the settlement, by way of bounty. 450,000 ta the Company, for ita^expenses and profit on <he usa of its capital. Total. <f300,000 The Company undertake* to apply the purchase-moneys in the proportions stated, or as nearly so as may be practicable, to the several objects previously specified. ID. The whole of the emigration fund, with the exception of 4f20,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 430,000 will be reserved as a special fund, out of which, and ta that extent only, allowances will be mad* to purchasers towards die cost of cabin passages for themselves, their families, and servants, to the settlement. The amount of the allowance will in no case exceed jBiS per cent, of the purt hue- money paid by the colonists; snd, the fund being limited as above mentioned, preference will be given to the applicants for the allowance in the order of their respective applications for the same. Particular regulations relative to the mode of obtaining cabin-passage allowances will be hereafter issued ; but it is to be distinctly understood that the Director* reserve the power of .granting, withholding, or adjusting the same, according to the merit* of each particular ease, ana that no application for the allowance will be eutertained, under any circumstances, after the expiration of the *«»Tesent year. It. The Directors reserve a discretionary power of suspending the sales to the public generally, in ease they should find It neesfaary to reserve any number of allotment* for sale to actual colonists. 19. The reeister of applications will be opened «n Monday the lat of March next, until which day no application* will be noticed. Written application* for allotment* 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 be awarded, strictly according to ■nority in the register of applications and to the result of the ballots; and all deposit* received will be returned, in case, by reason of the above rule of priority, or from any other canst, the Directors shall be unable to award the required land-order* to the whole of the applicants. By order of the Court, New Zealand Hottse, John Waro, See. jaraad-atreet-buUdings, Feb. U, IMI. MODERN LITER/£URB. A LARGE *nd Valuable Assortment of Packet Edition* of STANDARD WORKS, well priartei an* atsgaady bound. Prayer and ether ReHpens Book* in great varietyModem and Standard Literature, well sdeeted. Pnee Books and Peoket Director* for Carpenters, Bricklayer*, Painters, and Engineers, containing a variety of tefcratstioo of practical atiflty. Jan* Books and Music sa variety. The afctaie now on sale at the Jfrinw KsmmkUr OnVe.