Page 1 Advertisements Column 7

Thames Star, Volume XIII, Issue 4306, 19 October 1882, Page 1

Companies . . •* PR O S P EOT D"S : OF THB ' ; f AUCKLAND N A TIV E~ LAN DS ' COLONISATION COMPANY (LIMITED). capital £500,000 in 500,000 shakes or £1 sack. 200,000 SHAKES ABK NOW OFFBBED TO THE PUBLIC. 300,000 BHABEB TO BE BEBEBVED FOB UATIVUS AND 10TUBJJ ISSUE. One Shilling payab'e upon application ; One Shilling upon Allot men. Calls not to txceed One Shilling eacb, to be made at intervals nf not less than- ■ Three Months. PIIOVISIONAIi DlBFCIOBS! J. Chambers W. K. Tines C. C. McAliiluu T. T. Masefirld F. B. Claude John Reid" (ieo. Holdsbip Kennedy Hill UuirattiM Puke J? ranz Seller if J. B. WLyte, MH R. M*jor Jackion G. b. Morns, M.H.R. C'apt. C'olbeck Ko Kaukiuta (Wab power to udd to their number). Bahic&BjS : The Bank of Mew Zealand. Somoi OB8: * Jackson & Russell. Si CBBTABX, PBO. TEM. : brnuz Scuerff. The objects of the Au kland Native Lands Colonisation Company (Limited) are the acquisition and settlement of Natire Lands in tbe North Inland of New Zealaud upon terms which will be to ihe mutual advantage of the Native Owners, of the Shareholders :n this Company, and o! the Colony in general. In order to carry out this object it is proposed— Ist.—To acquire interests in lands in such way as tbe natives may prefer, either by purchase, by lease, or by acting us. their agents on men lau.e us may be agreed upon. 2nd.—To pßy for euch interests acquired at the option of the native owners, either cash, paid up 'f hares, or debentures for * the whole or any pait thereof, as circum* si ances and mutual advantage may dictate. 3rd.—To allow the native owners who take paid-up 6hur<'s iuterest at the rate of 5 per cent, upon tie umountof the paid-up shares in excees of the amount (.aid-up on contributing ehari:s. 4th.—To issue to. any native bwner^dtclining to take cash or paid up shares debentures of stipulated amounts.bearing interest at. 5 per cent. sth.—The capital required to carry on necessary operations of the Company to be provided by Colonial and European shareholders, and such capital shall be employed in de- • fraying expenses of management, com* pleting titles, effecting surveys and subdivisions into farms and township lot*, opening mean* of.access, conducting the eale and leasing of lands, promoting the formation of special settlements, < and. generally in utilising the lands vested in the Company to.the best advantage. ■* 6ih.—To set apart and legally secure adequate and inalienable reserves for the beutlit of the native owners. 7tb.—To convey to the Government an agned percentage-of land as r« quired for public works,- and other purposes, at a figure slightly in advance ol cost price. Bth. To induce native owi.ers 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 oritous, and •■ it is equally well known that such profit* have up to the present time' been confined to the capitalist alone, bi.cause of the many obstructions arising from the laws relating to native lands, aDd to the large expenditure of roomy required for purchasing the same. The Auckland Native Lunds Colonization Company (Limited) pnsents to email 'investors - tdvant pcs identical with, anil in exctes of those eijoyed at preseLt only by capitalists, the shares having been fixed so low that men oT-'small mean's may be placed on the eaine footing as the capitalist. No more fitting opportunity than the present cu'.d be s<iz d for tbe purpose of attaining the gbjects aiu ed at by. this company, because: — Ist.—The quantity of fertile Crown Lands in the North Is)arid, at the pieeont time available for set tlenient is inefficient to meet the demand. 2nd.—The Government hare ceased operations in purchasing the native lands. 3rd.—Thfl natives owning land in the King ~ country are almost unanimous in their ' desire to bring their valuable lands under the operation of the Land Court and disposo of them to Europeans. 4.th.—lt is confidently anticipated that the Grovernmeni; wilL favour the establish- ' ment of this Company, which will go fat to relieve them from all anxiety about providing for the future wunts of the natives. This Company will place all land acquired under " The Lands Transfer Act," sj that the title will be indefeasible, and it will then • be abe to dispose of the same at great advantiige. The land will be sold for cash, or on deferred payments, or disposed of in the manner most conducive to the interests of shareholders. Under these circumstances it is believed that the establishment of the Auckland Native Linda Colonisation Company (Limited) will provide for the natives the readiest and most beneficial method of placing their lands for saie, lease, or settlement. The everincreasing demand for lands in New Zealand amongst all classes of colonists and intending emigrants from Great Britain, the rich quality of the Uuds :n the King country, the fact lh»t they. aro ' within easy access by rail froml Auckland, their suitabili'y for occupation, and their annually-increasing value, are considerations which present to investors a protpect of remuneiation unequalled probably by any y roposal ever submitted to. the public. ." Applications for Shares will be .received by the Secretary, at his offices,. Fort street, nntil TUESDAY, the 3Ut October, 1882. 57J. U — Artutic and Cbastvactign* At th &TMTZVO BIAS OflM