Page 122 Advertisements Column 1

Nelson Examiner and New Zealand Chronicle, Volume I, Issue 31, 8 October 1842, Page 122

ORIGINAL ADVERTISEMENT. NEW ZEALAND COMPANY. Governor — Joseph Somes, Esq. Deputy Governor— Hon. Fbancis Bam no. Dieectobs. VisCOUnt lIfGESTEB, M.P. Lord Petee. Heney A. Aolionbt, Esq., M.P. John Ellebkeb Boulcott, Esq. John William, Esq. William Taylo* Copeland, Esq., Aid,, M.p. Ruisel Elmce, Esq. James Robekt Gowen, Esq. John Hine, Esq. William Hutt, Esq. M.P. Stbwaet Mabjokibanks, Esq., M.P. Rosa Donnelly Mangles, Esq., M.P. Sir William Moleswoeth, Bart. Alexandee Naienb, Esq. John Pibie, Esq., Alderman. Sir Geoeoe Sinclaib, Bart. John Abel Smith, Esq., M.P. William Thompson, Esq., Alderman, M.P. Hon. Febdekicx James Tollbmachb, M.P. Edwabd G. Wakepield, Esq. Aethuk Willis, Esq. Geosge Feedekick Youhg, Esq. TERMS FOR PURCHASE OF LANDS IK THE SECOND 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 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 it 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, herehy offers for sale 301,000 acres of'land in the proposed Second Settlement, upon the following terms :— 2. The lands are offered in 1,000 allotment] of 201 acres each. Each allotment will consist of three lections, vis., 150 acres of rural land, 60 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 of each allotment of 301 acres will be 'sB 300. 4. A deposit of £30 on each allotment miut be paid to the Company's bankers, Smith, Patne, and Smith, and the bankers' receipt produced and filed, pmious 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 his full purchase-money, each purchaser will receive, for each j£ 3oo so paid, three uparate landorders, viz., for the 150 acres of rural land, the so 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 tike ■place at the Company's house in London, in the pretence 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, is 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 refmal to comply with such regulations in regard to any section, ib.aU occasiOD a forfeiture of the purchaser's right of choice, and vest il n the Company's officer in behalf of such purchaser. 7- The Company engages, subject to an arrangement with her Majesty's Government, to add to the SO 1,090 acres offered for sale, a quantity equal to one-tentb thereof as natrre 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 reservei 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 purchaser*. 9. 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, viz. : — jt\ 50,000 to the exclusive purpose of emigration to <■ this settlement. jeTSO,OOO to defray the Company's expenies in select- , ing the site and establishing the settlement. i Any surplus of this fund to be »pj>lied to the purposes next mentioned. <0 50,000 to public purposes, for rendering the'settlement commodious and attractive. As such purposes, it is attended to apply .=£'ls,ooo to religious uses and endowment! for colonists of all denominations, jff 16,000 to the establishment of a college in the settlement, and jt?20,000 towards the encouragement of steam navigation, for the benefit of the settlement, by way of bounty, jf 50,000 to the Company, for its expenia and profi on the use of its capital. Total. i£300,000 : The Company undertakes to apply the purchue-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 jt?30,000, 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 jbT2O,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 themselvei, their families, and servants, to the settlement. The amount of the allowance will in no case exceed rf2s 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 allowance! 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 etch particular i case, and that no application for the allowance will be enter* taincd, under any circumstances, after the expiration of the present year. 11. 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 allotment! for sale to I 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 allotmenti will thenceforth be received and registered by the Secretary of the | Company, until a day of which public notice will be given, i when the kind-orders will be awarded, strictly according to I priority in the register of applications and to the result of the 1 ballots ; and all deposits received will be returned, in case, by 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 Wa*d, Sec. I Broad-street-buildings, Feb. 15, 1841. and COMPANY, SuttonX. street, London, Patent Lamp and Ciadle-makers, nave constantly on band for sale their CANDLE LAMPS, at the price (in London) of from 3s. to 100s. each, and Candles jto burn in them, varying in light from that of I rushlight to I that of an argand oil lamp, none of which want snuffing ; of ' Hard Tallow for warm climates, at is. Id. per pooneV} or Imitation Wax, at is. Od. Also the PATENT SOLAR LAMPS, which burn common oiL They are free from smell and gire a beautifal light, i Drawings of the above, with a few spechneni, may be seen at the NeUm Examiner otnee. > Every sort of oil lamp is made on the soUr principle. Orders, by description or by the number, accompanied with a remittence, or an order on a London home, will be mt- ' tended to. PRINTED FORMS for BILLS of EXCHANGfi may now be procured at tat offlc* of this