FOOTBALL ! FOOTBALL !
ATHLETIC PABK, SATUEDAY NEXT.
Junior Representative Match : WELLINGTON v. WAIRARAPA THURSDAY UNION.
Senior Championship Match MELROSE v. WELLINGTON
Kick-oil at '6 o'clock shaip.
ADMISSION— ONE SHILLING. GRAN ID STAND— ONE SHILLING. D. McKENZIE, Secretary W.R.F.U.
WANTED Known.— There has not been a better thing done in this country, in my opinion than the establishment of Co-operation." — The Richt Hon. W. E. Gladstone, M.P. One pound shares are now being issued by the Town and Country Co-operative Supply Federation, Limited. Y. M. Braund, 20, Grey-street.
LOCAL BILL. WELLINGTON CITY LEASING. THE Wellington City Council propose to introduce into the General Assembly at ite present session a Bill to effect the following objects . — 1. To enable the Corporation to accept within two years from the coming into operation of the Bill surrenders of existing leases of city lands that were not built upon when the leases were originally granted, and the leases of which contain no provisions for renewal or compensation. 2. To enable the Corporation within the said two years to grant, in exchange for such surrenders, leases for terms not exceeding twenty-one years, with provisions for renewal from time to time for successive terms of not exceeding ttwenty-one years in or to the effect of the form set out in the Schedule to. the Wellington City Leasing Act, 1900, and commonly known in the City as "The Te Aro Reclamation Lease." Provided, first, that (subject to proviso 3) the rental for the first term under such new lease shall be the full annual ground-rental of the said land that ought to be paid during such first term without reference to any buildings or improvements existing on the said land, such rental to be ascertained bv a valuation mad© by three independent valuers, one appointed by the person entitled to the estate and interest of the lessee under the lease to be surrendered as aforesaid, the second by tfh Council, and the third by the two valuers appointed as aforesaid, or by any two of the said three valuers who shall agree, and to be in writing under the hands of the valuers agreeing to the same; and provided, secondly, that the new lease shall contain a covenant by the lessee to erect on the demised land within five years> from the date of such lease a substantial building of a minimum size and of a character to be described in the lease; and provided, thirdly, that in consideration of the entering into such covenant the new rent reserved by the lease shall be subject to a reduction of 20 per cent, during* a period equal to the unexpired portion of the term of the old lease surrendered as aforesaid. 3. To Txrwdbde Uhat where two or more allotments are included in one lease, but the rent is apportioned to the several lots in the Corporation books, any one or more of such lots may be surrendered under the Bill, and new leases granted upon such surrender accordingly as if separate leases of such lots respectively had been originally granted at the apportioned rents.
Copies of the Bill are deposited at the Magistrate's Court and the City Council Oflioe, both in the City of Wellington, and are there open to public inspection. Dated the 26th July, 1902. T. F. MARTIN., City Solicitor.
WANTED Known— By paying 2s on application and 2s on allotment you can take up one share in the Town and Country Co-operative Supply Federation, Ltd., which will qualify you for the full benefits 1 to be derived by purchasing your stores from the Federation. Send for prospectus to Y. M. Braund, 20, Grey-street.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZFL19020802.2.18.3
Bibliographic details
Free Lance, Volume III, Issue 109, 2 August 1902, Page 16
Word Count
607Page 16 Advertisements Column 3 Free Lance, Volume III, Issue 109, 2 August 1902, Page 16
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