Page 4 Advertisements Column 2

Thames Star, Volume XIII, Issue 4314, 28 October 1882, Page 4

Companies PROSPECTUS OF THE AUCKLAND NATIVE LANDS COLONISATION COMPANY (LIMITED). CAPITAL ; £500,000 IN 500,000 SHABBS OF £1 EACH. 200,000 SHARES ABE NOW OFFEBED TO THE PUBLIC. 300,000 SHABES TO BE BEBEBVED FOB NATIVES AND FUTBBB ISSUE. One Shilling pajab'e upon application ; One Shilling upon Allotment. Calls not to exceed One Shilling each; to be mad* at intervals of not less than Three Months. .r i Pbovisional Dibbctobs: J. Chambers W. R. Vines 0. C, McMillan T. T. Masefield F. R. Claude John Reid Geo. Holdsliip. Kennedy Hill Huir.maFuke Franz Scherff J. B. Whyte, M.H.R. Major Jackson ' G. B. Morriß, M.H R. Capt. Coibeck Ko Kaukiuta (Wii.lv power to add to their number). BANEBBS: 1 The Bank of New Zealand. SouciiOßS: Jackson & Russell. I Sfcretaby, pbo. tern. : Franz Seherff. The objects of the Auckland Native Lands Colonisation Company (Limited) are the acquisition and settlement of Native Lands in the North Islund of New Zealand upon terms which will be to the mutual advantage of the Native Owners, of the Bhareho!ders :n 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 th« natives may prefer, 1 either by purchase, by lease, or by acting us their agents on such terms as may bo agreed upon. 2nd.—To p»y for euoh interests acquired-at the option of ibe native ownets, either cash, paid-up shares, or debentures for the whole or any part thereof, as circum* st ances and mutual ud vantage may dictate. 3rd.—To allow the native owners who take paid-up shares interest at the rate of 5 per cent, upon tbe amount, of the paid-up 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. stb. —The capital required to carry on necessary operatioDS of tbe Company to be provided by Colonial »nd European shareholders, and such capital Bhall be employed in defraying expenses ofi .management, completing titles, effecting surveys and sub divisions into farms and township lots, opening means of access, conducting the tale and leasing of lands, promoting the formation of special settlements, and generally in utilising the lands vested in the Company to the best advantage. 6tb.—To set apart and legally secure adequate and inalienable reserves for the benefit of the native c wners. 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 sett le 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 tbe North Island are etormous, and it is equally well known that such profits have up to tbe present time been confined to the capitalist alone, because of 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 Com* pany (Limited) presents to small investors advent gee 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 (.laced 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 cornpuny, because: — ; Ist.—The quantity of fertile Crown Lands in the 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.— Thy 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 —It is confidently an'ieipated 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," so that tbe 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. Tbe everincreasing demand for lands in New Zealand amongst all classes of colonists and intending emigrants from Great Britain, the rich quality of tbe 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 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, 1882. 574 H, T. HOWK, 4 UTHORI3ED Aim MINING 3UR. IX VEYOR,ani> Naiite Land Fobch±se Agbnt, ALBERT 3TREET (next Frater Bros.), GBAHAMSTOW2T. Note. —Mining Leases and Claims Surveyed and Plans prepared at reasonable oh» Wr"i» witt despatch. 861 ILL-HEADb, invoices, <tc, on ruled or plain paper, of every sise and quality exported with despatch at th« Evening Star Office ORNAMENTAL Printing, in colors, gold orbronia in • »tyl« hitherto onobtai&> able on th* ThamM at the Bvnnro BTAT