Page 118 Advertisements Column 1

Nelson Examiner and New Zealand Chronicle, Volume I, Issue 30, 1 October 1842, Page 118

ORIGINAL ADVERTISEMENT.. . NEW ZEALAND" COMPANY. Governor — Joseph Somes, Esq. Deputy Governor— Hon. Ftlancis Babixg. Dibbctobs. Viscount Ingestbe, M.P. Lord Petbe. Hbnby A. Aglionby, Esq., M.P. John Ellbbkeb Boulcott, Esq. John William, Esq. William Taylor Copelakd, Esq., Aid., M.p. RufISEL Ellicb, Esq. Jambs Robbbt Gowek, Esq. John Hinb, Esq. William Hutt, Esq. M.P. Stxwaet Mabjobibanks, Esq., M.P. Ross Donnelly Mangles, Esq., M.P. Sir William Moleswobth, Bart. Alixandbb Naibnb, Esq. John Pibie, Esq.. Alderman. Sir Geoxge Sinclaib, Bart. John Abbl Smith, Esq., M.P. v William Thompson, Esq., Alderman, M.P. Hon. Fbbdebick James Tollemache, M.Pf. , Edwabd G. Wakefield, Esq. A . Akthub Willis, Esq. ~ '■ Geoage Fbedbbick Young, Esq. 1 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, the sits of which will be selected 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 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 : — a. The lands are offered in 1,000 allotments of 201 acres each. Each allotment will consist -of three sections, viz., ISO 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 of reserves for public objects, such as streets, squares, churches, cemeteries, markets, and public gardens or parks. 3. The price 0? each allotment of 201 acres will be 4. A deposit of jffSO oajjach allotment must be paid to the Company's bankers, SirirH, 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-monfey 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 his full purchase-money, each purchaser will receive, for each jc?3oO so paid, three separate landorders, vii., for the 160 acres of rural land, the 60 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 hpuse 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 oehalf. Neglect or refusal to comply with such regulations in regard to any section, shall occasiop a forfeiture of the purchaser's right of choice, and vest il n 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 «s native reserves ; so that the quantity of land to be appropriated will in fact consist of 394,100 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. Q. The sum of jtf3W,ooo to be received by 'the Company as the purchase-moneys of the lands now offered, will be appropriated in the following manner, viz. : — < ~ je*l 60,000 to the exclusive purpose of emigration to? this settlement. j£50,000 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. tt 50,000 .t0 public purposes, for rendering the'settle;, ment commodious and attractive. As such' purposes, it is attended to apply j£ls,ooq to 1 religious uses and endowments for colonists of all denominations, j£H>,ooo to the establishment of a college in the settlement, and towards the encouragement of steam navigation, for the benefit of the settlement, by way of bounty. .450,000 to the Company, for its expenses and profl on the use of its capital. Total . jtf3oo,ooo In The Company undertakes to apply the purchase-moneys in ths 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 jcT3O,OOO, 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 'the cost of cabin passages for themselves, their families, and servants, to the settlement. The amount of the allowance will in no case exceed jC26 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 Msmday 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 the result of the ballots; and all deposits received will be returned, in case, l>y reason of the above rule of priority, or from any other cause, the Directors shall be unable to award the required land-orders to the whole of the applicants. By order of the Court, New Zealand House, John Wabo, Sec. Broad-street-buildtsgs, Feb. 15, 1841. /OALMER and COMPANY, SuttonJL street, London, Patent Lamp and Candle-makers, have constantly on hand for sale their CANDLE LAMPS, at the price (in London) of from 3s. to 100s. each, and Candles to burn in them, varying in light from that of a ruanUght to that of an argand oil-lamp, node of which want snuffing ; of Hard Tallow for warm climates, at is. Id. per pound; or Imitation Wax, at Is. 6U. Also the PATENT SOLAR LAMPS, which bum common oil. They are free from smell and give a beautiful light. Drawings of the above, with a few specimens, may be seen at the Jfeuon Examiner office. Every sort of oil lamp is made on the solar principle. Orders, by description or by the number, accoßpamed with * remitteace, or an order on a London house, win be *ttended to. I " PRINTED FORMB for BILLS of EXCHANGE may now be procured at tile office of this paper.