Page 1 Advertisements Column 7

Thames Star, Volume XIII, Issue 4310, 24 October 1882, Page 1

Companies v PR OSPECTUS OF THE AUCKLAND NATIVE LANDS COLOiMSATION COMPANY (LIMITED). CAPITAL £800,000 IN 500,000 SffABW OF £1 BACH. 200,000 PHAHES ABE NOW OFFEBBD TO TXX PUBLIC. 300,000 BHABBS TO BE BI9EBVBD FOB NATIVES AND FCTVBB ISSUE. One Shilling pajab'o upon application ; On* Shilling upon Allotment. Call* not to exceed One Shilling each, to be made at intervals of not less than Three Months. , Pbovisiokal Dibbctobs: , J. Chambers W. B. Vines C. C. McMillan T. T. Masefield F.B.Claude Jobnßeid Ueo. Holdsbip Kennedy Hill Huir.nm Puke - Franz Scherff Ji B. Whyte, M.H.R. Major Jackson Gr. B. Morris, M.H.R. Capt. Colbeck : Ko Kmikiuta '-' (With power to add to their number). Bakkebs: The Bank of New Zealand. SoiJCIiOBB: Jackson & BasselL Secbbtabt, fbo. tbh. : Franz Scherff. ' The objects of the Auckland. Native Land* "- Colonisation Company (Limited) are the acquisition and aettlement of Native Lands in the North Itlund of New Zealand upon - terms which will be to the mutual adrantag* of the Native Owners, of the Shareholders in this Company, and of the Colony in general. In order to carry out this object it if proposed— Ist. —To acquire" interests in lands in such way as the natives may prefer, either by purchase, by lease, or by acting m their agents on tuch terms as may be agreed upon. 2nd.—To pay for such interest* acquired a** the option of the native owners, either c«sh, paid-up shares, or debentures for the whole or any part thereof, at dreamstances and mutual advantage may dictate. 3rd.—To allow the native owners who take paid-up shores interest at the rate of 5 per cent, upon the amount of the paidriip shares in excess of the amount paid*up, on contributing shares. 4th.—To issue to any native owner declining' to take cash or paid up shares debentures ■ of stipulated amounts bearing interest at 5 per cent. . , 6th.—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 defraying expense* of management, eon* . pletipg titles^effeeting surveys and. sub*, divisions into, farnnr ait* fmpM& l«W-,'.,. . opening mean a of access, conducting the tale and leasing of lands, promoting the formation of special settlements, and generally in utilisinc the lands rested in the Company to the best advantage. 6th.—To set apart and legally secure adequate and inalienable reserves for the benefit ofthe native owners, . - - > ■ 7th.—To convey to the Government an agreed percentage of land as required for pabh'o works, and other purposes, at • 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 enormous, and < it is equally well known thai such profits have up to the present time been confined to the capitalist alone, because of the many obstruo* tions arising from the laws relating to native lands, and to the large expenditure of money required for purchasing the. same. The Auckland Native Lands Colonization, Com- . pany (Limited) presents to small investors advant ges 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 fitting opportunity than the present could be seized for the purpose of attaining the objects aimed at- by this company, because :— Ist.—The quantity of fertile Crown Lands in th 4 North Island, at the present time available for settlement is insufficient to • meet the demand. 2nd.—The Government have ceased operations in purchasing the native lands. - ■ 3rd.—The 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 dispose of them to Europeans. 4th.—lt is confidently anticipated that the Government will favour the establish* tnent 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," so that the title will be indefeasible, and it will then be able to dispose of the same at great advantage. 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 Lands Colonisation Company (Limited) will provide for the natives the readiest, . and most .beneficial method of placing ..their .. lands for sale, lease, or settlement. The ever■increasing demand for lands in New Zealand amongst all classes of colonists 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 Jot occupation, and their, annually-increasing value, are considerations which present to investors a prospect of remuneration unequalled probably by any 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, 1888. 674 - riOASTWISB CUSTOMS ENTRIES \J (forms) ON HALM # the 9mm sntOflo* ■ - •■■ --