Thank you for correcting the text in this article. Your corrections improve Papers Past searches for everyone. See the latest corrections.

This article contains searchable text which was automatically generated and may contain errors. Join the community and correct any errors you spot to help us improve Papers Past.

Article image
Article image

A VTOTICE is hereby given, that the Certi_LAi ficatesof selection, of Town Sections will be ready for delivery at the New Zealand Company's office after tbe 31st nstsnt, between the hours of ten and four. Proprietors are requested to bring their land orders. -Author WakUpield. Nelson, May 27, 1842. /\ ORIGINAL ADVERTISEMENT. /MEW ZEALAND COMPANY. jL\ Governor— Joseph Somes, Esq. Deputy Governor— Hon. Feancis Baeino. Disbctoes. Viscount Ingestee, M.P. Lord Pbtke. Henky A. AOMonbt, Esq., M.P. John Ellkekrkßoolcutt, Esq. John William, Esq. William Taylo* Copeland, Eiq., Aid., M.P. Russel Ellicb, Esq. Jamks .Robert Gowen, Esq. John Hinb, Esq. William Hctt, Esq. M.P. Stewart Mabjoeibanks, Esq., M.P. Ross Donnelly Mangles, Esq., M.P. Sir William Molesworth, Bart. ALBXANPsa Naibnk, Esq. John Pi bib, Esq., Alderman. Sir Gkoegk Simclaib, Bart. John Abel Smith, Esq., M.P. William Thompson. Esq., Alderman, M.P. Hon. Fbedekicr James Tullbmache, M.P. Edward G. Wakefikld, Esq. Arthur Willis, Esq. Gkouge Fbbokbick Young, Esq. ,> TERMS FOR PURCHASE OF LANDS IN THE SE" COND SETTLEMENT. 1. The Company has determined upon the formation of a Second Settlement upon its territories in New Zealand, the site of which will- be seltcted by an expedition, to be forthwith despatched for that purpose. It is intended that the site chosen shall be the best that may be available at the time of the selection being made ; and that the position, with reference to Port Nicholson and the rest of New Zealand, shall •he 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 : — 2. The lands are offered in 1,000 allotments of 201 acres each. Each allotment will consist of three sections, vix., 150 acres of rural land, 50 acres of accommodation land in the immediate proximity of the town, and one town acre. The town will therefore comprise 1,000 acres, exclusive jpf reserves for public objects, •uch as streets, squares, churches,' eemeterits, markets, and public gardens or parks. 9. Tbe price of each allotment of 201 acres will be jc"3oo. 4. A deposit of iSSO on each allotment must be paid to tbe Company's banker*, Smith, Payne, 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 will thereupon become forfeited to the Company, together with all claim of the applicant to the land applied for. 5. On payment of hit full purchase-money, each purchaser will receive, for each so paid, three separate landorders, viz., for the 150 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 p^ choice, to be determined by lot, as hereinafter mentioned, y 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 1 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 and 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 il 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 he appro* priated will in fact consist of 221,100 acres, and the town of 1,100 acres. The plan of tbe 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, tor its own benefit, at the same price, and subject to the same terms in every respect, as other purchasers. P. The sum of to be received by the Company as the purchase- moneys of the lands now offered, will be appropriated in the following manner, vix. :— jtflso,ooo to the exclusive purpose of emigration to this settlement. ** j£SO,OOO 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*0,000 to public purposes, for rendering the settlement commodious and attractive. As such purposes, it is attended to apply {£15,000 to religious uses and endowments for colonists of all denominations, jff: 5,000 to the establishment of a college in the settlement, and jeT2O,OOO towards the encouragement of steam navigation, for the benefit of the settlement, by way of bounty. 4ti0,000 to the Company, for its expenses and profl on the use of its capital. Total. jC300,000 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 j£2O,COO ( 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 will be reserved as a special fund, out of which, and to that extent only, allowances will be made to purchasers towards tbe cost of cabin passages for themselves, their families, and servants, to the settlement. The amount of the allowance will in no case exceed £ 25 per cent, of the pur-chase-money paid by the colonists; and, 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 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. 11. The Directors reserve a discretionary power of suspending 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 the Ist of March next, until which day no applications will 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 be awarded, strictly according to priority in the register of applications and to tbe result of tbe ballots; and all deposits received will be returned, in case, by reason of the above rule of priority, or from any other cause, tbe Directors shall be unable to award the required land-orders to the whole of tbe applicants. By order of the Court, Ndw Zealand Hon»c, John Wabd, Sec Broad-street-buildings, Feb. 15, 1841. ' TATIONERY & ACCOUNT BOOKB. —Now oa Sale, at tbe Jfelstm S*amintr Office, at variety of Thick Bath post Ledgers Do. do., gut Copybooks Baperine large thin post Copy slips Black-bordered letter paper Slates and pencils Foolscap ' Gillott and Morley's metallic Tissue paper pens for merchants' offices Broksng«boeke Black lead pencils Appraisement books Quills J'Wd books for surveyors Steel pens and holders Memorandum books of all Black and red ink Janet* Wafers AacoEDtbook* Sealing wax Imvotee aad eMa.beoks Wrapping paper.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/NENZC18420709.2.6.1

Bibliographic details
Ngā taipitopito pukapuka

Nelson Examiner and New Zealand Chronicle, Volume I, Issue 18, 9 July 1842, Page 70

Word count
Tapeke kupu
1,354

Page 70 Advertisements Column 1 Nelson Examiner and New Zealand Chronicle, Volume I, Issue 18, 9 July 1842, Page 70

Page 70 Advertisements Column 1 Nelson Examiner and New Zealand Chronicle, Volume I, Issue 18, 9 July 1842, Page 70

Help

Log in or create a Papers Past website account

Use your Papers Past website account to correct newspaper text.

By creating and using this account you agree to our terms of use.

Log in with RealMe®

If you’ve used a RealMe login somewhere else, you can use it here too. If you don’t already have a username and password, just click Log in and you can choose to create one.


Log in again to continue your work

Your session has expired.

Log in again with RealMe®


Alert