Page 1 Advertisements Column 7

Thames Star, Volume XIII, Issue 4311, 25 October 1882, Page 1

Companies --' . PEOSPECTUS OF THE AUCKLAND NATIVE LANDS COLONISATION COMPANY (LIMITED). . CAPITAL £600,000 IN 500,000 SHAKES OF £1 BACK. 200,000 SHADES ARK NOW OFFERED TO IMB PUBLIC. 300,000 BXAUB TO BE HUEBVID FOB NATIVES AND FUTTTBE IBBUE. One Shilling payab'e upon application ; Ont Shilling upon Allotment., Calls not to exceed One Shilling each, to.be made at interT&le of not less than Three Months. , . I PboVWIOKAI JQjBKCXOIjn J. Chambers W. B. Tines C. C. McMillan , T. T.Masefield ! F. B. Claude John Beid Geo. Hold ship - Kenned j Hilt ! Huirjma Puke Franz Scherff J. B. Whyte, M.H R. Major Jackson GK B.Morris,M.Hß. Capt. Colbeck Ko Kaukiuta <■:■,• (With power to add to their number). Bamkebs: The Bank of New Zealand. SoiICUOBa: Jackson & Russell. ShCBETABT, fBO. TKK.: ; Franz Scberff. . ,-,•;-- The objects of the Auckland Satire Lands Colonisation Company (Limited) are .the /' acquisition and settlement of Natira Landa in the North Island of New Zealand ipSB . terms whicli will be to the mutual adrantafß ■ of the Native Owners, of the Shareholders in this Company, and of- the Colony in general. ... In order to carry out this object it is . proposed— ■ ; Ist. —To acquire interests in lands in such way as the natires may prefer, either by purchase, by lease, or by acting as their agents on such terms as may be agreed upon. ' . .--•■■■■> 2nd.—To pay for such interests acquired at the option of the native owners, either c*eh, paid-up shares, or debentures for tbe whcle or any part thereof, as cireusn* stances and mutual advantage may dictate. 3rd. —To allow the native' owners who take paid-up shares) interest at the rate of 5 per cent, upon tLe amount of the paidy-up shares in excess of tLe 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. ; , ;•,.--. sth.—Tbe capital required to carry on necessary . operations of the Company to be provided . • by Colonial wad , European shareholdars, and such capital shall be employed in defraying expenses of management, com* pleting titles, effecting surveys arid subdivisions into farms and township lots, opening meant) of access, conducting the pale and leasing of lands, promoting the formation of epecial settlements, and generally in utilising the lands vested in the Company to the best advantage. . 6th.—To set apart and legally secure adequate and inalienable reserves for the benefit of the native owners. 7th. —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 tbe purchase and sale of native, lands in the North Island are enormous, and it is equally well known that such profits have up to the present time been confined to the capitalist alone, because ot the many obstructions 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 Company (Limited) presents to email 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 email means may be placed on the same footing as the capitalist. : No more fitting opportunity than the present could be seized for Jbe purpose of attaining the objects aimed at by this com* . pany, because:— Ist. —Tbe quantity of fertile Crown Lands in the North Island, at tbe 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. J' 4lh.—lt is confidently anticipated that the Government will favour the establish* menl of this Company, which will go far to relieve them from all anxiety about • providing lor 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 laud 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 tbe establishment of the Auckland Native Lands Colonisation Company (Limn. ( ted) will provide for the natives the readiest* , and most beneficial method of placing their - lands for sale, lease, or settlement. The everincreasing demand for lauds iv New Zealand amongst nil classes of colonists and intending emigrants from Great Britain, the rich quality of the lands in the King country, tbe fact that they are within easy, access by rail from Auckland, their suitability for occupation, and their annually-increasing value, are considerations which present to investors a protr pect of remuneiation unequalled probably by any proposal ever submitted to the puolic. Applications for Shares will be received by tbe Secretary, at his offices, Fort street, uuiil TUJtCnJJAY, the 31»t October, 1882. 574 COASTWISJt CUSTOMS JBNTBJJUi (forms) <M» SAJtf * ti» Brmjrf bTAiOOo* - .-. ■\-. •■/-;., . -.