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Companies PROSPECTUS OF THE AUCKLAND N ATIVE LAN DS COLOJSISA'I lON' COMPANY . (LIMITED). CAPITAL; £50.) 000 in 500,000 shakfs or £1 kach 200,000 SHAKES AHE NOW OJFFEUED TO THI3 PUBLIC. 300,000 BHABIS3 TO BE KES_UVEi> FOB NATIVES AND FDTURB ISSUE. Ono SI ill'.ng pauib o upon upplifiiio < ; ('»<' Shilling upon Allotment. Cifils not to exceed One Shilling eoc!), to be mado • 'at intervals of not less thon Three Months. PbOVISIONAI, DIKfCrOHS: : .I J. Chambers W. E. Vines. C. C. McMillan T. T. Mas.fieM ~ F. R. Cluude John Keid Goo. Holdship Kennedy Hill Huiruma Puke Franz S.heiff J. B. Whyte, M.HR.. Major Jackson G-. B. Morris, M.H R. Oapt. Col beck . Ko Kaukiuta (With power fo add to their number). BadkbeS: Tlic Bank of New Zealand. S-'ilCt ous: ' Jackson & Russell.',"...' Si cbetakt, pro, tern : Frurz ScherfT.

The objects'of.-the Auckland "Native Lands Colonisation Company (Lhuiled) are the acquisi'ion and settlement of Natire Lunds in the North Island of New Zealand upon terms which will be lo ih« mutual nd.vantuga of the Native Owners, of the Shareho'ders -n thiß Company, and of the Colony in general. In order to carry out this object it is proposed— l ß f,,—Xo acquire interests in lands in Buch way as the natives muy prefer, either by purchase, by lease, or by acting as their agents on euch terms as may be agreed ■pon. 2i.d.—To pt>y for such int^rpp.te acquired at the option of the native owners,. either cvdi, paid up shares, or debentures for the while or any part thereof, as circunv, st ances and mut uul ad vantage may dictate. 3 r( j, To allow the native owners who take puid-up shares interest at. the rale of 5 per cent, upon tl c amount of the paid-up shares in excess of the amount paid-up (n contributing shares. 4th. —To isf uh to any natire owner declining to. take cash or paid up shares debentures of stipulated amounts bearing interest at 5 per cent. sth. —The capital required to carry on nece* «aty operations of the Company to be provided by Colonial »nd Europeau share holders, and such capital shall be tmployed in defraying expenses of management, • completing lilies, effecting surveys and sub divisions into farms and township lot", opening means of access, conducting the eale and leasing of lands, promoting the formation of special settlement, and generally in utilising the lands vested in the Company to the best advantage. 6rh.—To get apart and legally secure adequate and inalienable reserves for the benefit of the native owners. • 7tb.—To convey to the Government an agreed percentage of land as required for public works, and other purposes, at a figure slightly in advance of cost price. Bth.—To induce native owners to become large shareholders, to settle permanently upon lands, the titles to which have been individualised, and to. be represented on the directorate. It is a well known fact that the profits arising from the purchase and sale of native lands in the North Island are c: ortnout", and it ib equally well known that eucb profits have up to the present time been confined to the capitalist alt ne, because of-the many obstruc* lions arising from the laws rel»ting to native, lands, and to the large expenditure of money required for purchasing the same. The Auckland Native Lands Colonization Company (Limited) presents to small investors advantages identical with, and in excess of those enjoyed at present only by capitalists, the shares having been fixed so low that men of small means may be placed on the same footing as the capitalist. No more fittiDg opportunity than the present ciuld.be seized for the purpose of attaining the objects aimed at by this company, because : — Ist.—The quantity of fertile Crown Lands in the North Wand, at the present time available for settlement is insufficient to meet the demand. 2nd.—The Government have ceased operations in purchasing the native land*. 3,d, —lh.J natives owning land in the King country are almost unanimous in their deeire to bring their valuable lands under the operation of the Land Court and dispose of them to Europeans. 4,1 h_ ]t ja confidently anticipated that the Government, will favour the establishment of this- Company, which will go far to relieve them from all anxiety about providing for the future wants of the natives. This Company will place all land acquired under "The Lands Transfer Act," s» that the title will be indefeasible, and it will then be able to dispose of the same at great advance. The land will be sold for cash, or on deferred payments, or disposed of in the i manner moßt conducive to the interests of j shareholders. Under these circumstances it is believed lhat the establishment of the Auckland Native Lands Colonisation Company (Limited) will provide for the natives the readieet arid most beneficial method of placing their lands for sale, lease, or settlement. The everincreaeing demand for lanrfs in New Zealand amongst all classes of colonistb and intending emigrants from Great Britain, the rich quality of the lands in the King country, the fact that they are within easy access by rail from Auckland, their suitability for occupation, and their annuallyincreasiog value, are considerations which present to investors a prospect of remuneration unequalled probably by ai.y proposal ever submitted to the public. Applications for Shares will be received by the Secretary, at his offices, Fort street, until TUESDAY, the 31st October, 1882. 574

General Notices ~^nSw»: IN GRA' A LARGE STABLE, COACH HOUSE, . and YARD suitable for a person bw--ing a number of Horses and Vehicles. This property " admirably suited for » coach proprietor, being central and commodious. 559 PPIy ~ Fbatbb B.oi. r NRIVALLED PRINTING of til kird i-- — Artirtie and Chaste designs At th Bronx, Stab Offic- ». I wish it U be understood that my object i« selling 3b 'xba. is the greatest good to the 'rieateet number, and that the greatest number i nup-tc^e 1, therefore try MoGowitf'a 3s

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/THS18821018.2.24.2

Bibliographic details
Ngā taipitopito pukapuka

Thames Star, Volume XIII, Issue 4305, 18 October 1882, Page 3

Word count
Tapeke kupu
989

Page 3 Advertisements Column 2 Thames Star, Volume XIII, Issue 4305, 18 October 1882, Page 3

Page 3 Advertisements Column 2 Thames Star, Volume XIII, Issue 4305, 18 October 1882, Page 3

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