New Zealand Native Land Settlement Compnay's Bill.

Poverty Bay Standard, Volume XI, Issue 1304, 3 April 1883, Page 2

New Zealand Native Land Settlement Compnay's Bill.

The Bill to be introduced by the New Zealand Native Land Company into the ensuing session of the General Assembly is intended to give facilities for extending the operations of the company by giving it power :-—(!) To acquire either by purchase or lease, or upon special conditions or agreements) any native lands, lands owned by Europeans or by the Crown. (2)‘To lease, sell, or farm all lands at any time in the possession of the company. (3) To carry on trade either way of sale or purchase with any persori companies. (4) To purchase its own shares. (5) To give mortgages for the security of the lands, debentures bills of exchange or obligations or securities of the company. (6) To make contracts in or without New Zealand necesHary to carry out the objects for which the company exists. (7) To to empower nat; ives to assign any lands to the company upon trust or upon any special conditions or agreement(S) To empower a majority of native owners in any land to assign their interest in such land absolutely upon trust, or on any special conditions or agreements, whether such lands have been first subdivided or not. (9) To empower the company to unite partially or wholly with any companies registered either in Great Britain or in New Zealand I —Auckland Star.