The Temuka Leader. WEDNESDAY, AUGUST 3, 1878.

Temuka Leader, Volume I, Issue 67, 7 August 1878, Page 2

The Temuka Leader. WEDNESDAY, AUGUST 3, 1878.

Wn understand that the Milford Harbour Bill introduced last week by Mr Wakelieul, member for Geraldine, will come on for reading a second time today. We also learn, from a letter to ■the ‘ Tiruaru Herald’ from its corresrospondent, that Mr Wakefield will ask for Sir John Goode’s report of the harbour to be laid on the table, the same being understood to he highly favorable for a harbour for Milford, The Bill introduced and read a first time are in its provisions nearly as follows ;

1. The short title of this Act shall be “ The Milford Harbour Board Act, 1878,” and it shall come into operation on the first day after the passing of the Bill.

2. In the construction of this Act, the following words and expressions shall have the meanings hereby assigned to them, unless there shall be something in the context repugnant thereto :

“ Port” means the Port of Milford as defined at the time of the coming into operation of this Act, or as it may hereafter be ds fined under u The Marine Act, 1867J’ or any Act amending the same. “ Board ” means the Harbour Board constituted under the provisions of this Act. “ Gazette” means the ‘ New Zealand Gazette.’ '‘Gazetted” means inserted in the ‘ Gazette.’

3. A Board is hereby constituted for the management of the affairs of the Port of Milford, and such Board shall be a body corporal e of the name of “ The Milford Harbour Board,”’ and by that name shall have and enjoy all the rights, powers, and; privileges, which bodies corporate as such have and enjoy. ■i. The Board shall consist of nine members nominated by the Governor, and all vacancies to be filled up by the Governor from a list of name's recommended by the Board. 5. The members may elect a Chairman of their meetings, but if no Chairman is elected, or if at any meeting the Chairman is not present at the lime appointed for holding the same, the members present shall choose one of their number to be Chairman of such meet-

ing. 6, All acts done at a meeting of the Board, or by any person acting as a member shall, notwithstanding there was a vacancy in the number of members, nr notwithstanding that it was afterwards discovered that there was some defect in the election of any member or person acting as such, or that the members, or any of (hem were disqualified, be as valid as if any such person had been duly elected or was not disqualified to be a member. 7, No member of the Board shall be directly or indirectly, either alone or with others, in any way interested or concerned in any contract, agreement or undertaking entered into by the Board, but this ‘ provision shall not apply to shareholders as such only in incorporated companies. 8, The Board shall appoint a treasurer, who shall give such security tor the duo performance of his office as the Board shall from time to time fix. The treasurer to hold office during the pleasure of the Board. 9, The duties of the treasurer shall be—

(1.) To have the custody and control of the funds of the Board, (2.) To pay into a banking account, to be opened in the name of the Board, all sums to the amount of ten pounds forthwith on the receipt thereof. (4.) To keep full, true, and particular accounts, in such form as the Board shall direct, of all money paid and received by him on account of the Board, (4.) To make an abstract of the accounts, made up to the first of January in every year, and showing all receipts and payments, and all assets and liabilities, a copy whereof shall, in the month of January, be transmitted to the Colonial Secretary, 10. JSTo money shall be drawn out of the banking account except by the authority of the Board, and by cheque, signed by the Treasurer and countersigned by the Chairman of the Board. 11. It shall be lawful for the Governor in Council to grant to the Board that piece or parcel of land, being the sand spit or shingle bank situate between the estuary of the Kiver Opihi (known as the Milford Lagoon) and the sea, in the said county, the seaward boundary of the said land being low watermark ; and tbe said Board shall have power to lease the said land, or any portions thereof, for such term, and on such conditions as to the said Board may seem fit : Provided that no lease of such land made hereunder shall ox ceed the term of forty years ; and all rents and profits accruing under this section shall be and become moneys of the Board for the purposes of this Act. 12. The lands described in the schedule hereto shall bo and become an endowment fertile Board ; and all moneys arising from the sale of such lands shall be and become the moneys of the Board for the purposes of this Act, 13. The Board shall have power to construct all such words as may be

necessary for the purposes ol this Act, ami to enter into all such contracts, agreements, and undertaking, as they may deem expedient for the carrying out of the same.

IE The Board-shall have power to borrow upon the security of all the lands vested by this Act in the Board, or set .aside as an endowment, or of any works constructed or being constructed under this Act, all such sums or sums of money as the Board may deem necessary for the duo prosecution of their powers under this Act : Provided that the power of borrowing herein contained shall not entitle the Board to borrow, or to have outstanding on the said securities at any one time, a greater sum than fifty thousand pounds. 15. No member of the Board shall receive any remuneration other than tra velling expenses. 1(3. The Boarc shall have power to frame bye-laws for its own guidance, such hve-laws to be submitted to the Governor.