{From the New Zealand Journal, July 14.)

New Zealander, Volume 5, Issue 378, 28 November 1849, Page 3

{From the New Zealand Journal, July 14.)

Two bilU have been recently introduced into Parliament of lome importance to the Colony. The first is " A Bill to facilitate the Execution of Conveyances and other Instruments by or on behalf of the New Zealand Company in New Zealand." The object of this bill is to enable the New Zealand Company to appoint not less than two attornies in the Colony, for the purpose of making and executing grants, leases, conveyances, and all other deeds and instruments relative to the Company's lands. For this purpose a seal is to be granted to such attornies, which will render every document to which it is affixed as valid as though it had been executed by the Company itself without the intervention of their attornies. Deeds executed under this seal are to be of themselves piima facie evidence of the validity of the deeds and of the appointment of the attornies affixing it. The fourth clause as it now stands is very obscure, but its olijf'Ct evidently is to enable two attorniei to act, whatever number may be appointed. The fifth clause provides that deeds executed by the Company within the United Kingdom, with relation to their lands in the Colony, shall not be subject to stamp duty, and that for all purposes of registration within the Colony, the seal of the Company shall be sufficient evidence of the due execution of the instrument, no further verification being required. The other m a Bill to " enable Colonial Legislatures to establish inland posts," unless the Postmaster-Ge-neral shall previously have established such posts, in which case, the Bill of the Colonial Legislature must wait her Majeity'i assent. Where this is not the case, the Colonial Legislature may establish inland posts only, and in this case, the powers of the Postmaster-

General are to cease and determine, and the Colonial Bill will take effect, subject to her Majesty's approval. Thif Act, which is a general one, is not to affect the Act 9th and, 10th of Victoria, " For tho further provision of the Government of New Zealand," nor the Bill, at present pending in the House, " For the better government of Her Majesty's Australian Colonies."