Page 1 Advertisements Column 7

Thames Star, Volume XIII, Issue 4316, 31 October 1882, Page 1

!'.'. . x Companies , u- r l\-i PE O S P JB C T U-8 - OP THX AUCKLAND NATIVE LAND'S COLONISATION COMPANY (LIMITED). CAPITAL ;J5600,000 Iff 500,000 SHABKB OF £1 BACH. 200,000 BHARE9 ABE NOW OFFEBBD TO TM. PUBLIC. 300,000 SBABEB TO BB BIBEBVSD FOB NATIVES AND FDTtTBB IBBCE. x One Shilling pajab'e upon application; Ont Shilling upon Allotment. Calls not to exceed One Shilling each, to be mad* str intervals of not lew.' than Three Months Phovibionai, Dibictobss J. Chambers W.B. Tinn : ' C. C. McMillan T. T. Masrfield F B.Claude : John Reid . Geo. Holdship , Kennedy Hill . , Huir.tma Puke •"' Wring Scherff J. B. Whyte, M.H.B. Major Jackson G. B. Morris, M.H.R. Capt. Colbeck Ko Knukiuta (With power to add to their number).' Bakkbbs: " .'-" "'. ', The Bunk of New Zealand. . \ „ ■ S'MCI OB8: Jackson & Hussell. " - : S»CBETABX, PRO. TUU. I Fruni Stlierff. ' . •■-, : ' The objects of tl c Au klitnd Native Lands Colonisation Comp»i»y (Limited) are the a<guisi:i n .and ceLt lenient of Native Lands in the North Island of New Zealand upon tern<s which will be to rh- mutual advantage of the Native Owners, of the Shareholder* in this Company, and of the Colony in genrrj). In order to carry put. this object it is proposed— let,.—To acquire interests in laadl in such way as tb<r natives may.prefer, either by purchase, by lfate, or by acting as tbeir agents on euch terms as may be agreed upon. 2i,d.—To pay for t>u< h interests acquired at the option of the native owners, either cesh, paid up thures, or debenture* for the while or any part thereof, at cireum* si uncee and mutual advantage may dictate. 3rd.—To allow ihe native owners who take paid-up'sluiret. interest at the rate of 5 per cent, upon tr c amount of the paid-up sharps in excels of the amount paid-up on contributing rharrs. 4tb. —To issue to any native, owner declining to take cash or paid up shares debenture* 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 und European shareholders, und such capital shall be «mployed in defraying expente* of nwmgement, completing titles, effecting Buiveyt.and subdivisions into (aims und township lots, opening means of access, conducting the gale and leasing of land*, j romoting.the - formation of special settlements, and vgenerally 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 bfmefit of the native owners. . , .•* 7th. —To convey to the Government an*gr«ed percentage of laud us r> quired for public works, and other pupo»es, -at a,.figure . slightly in advance ol cuSl price/,; _ ■■ Bth.—To induce natire owners to- become large shareholders, to settle permanently •" ' upon lands, the titles to which have been individualised, and to be represented on the directorate. „- . '.;. , ~"j,y; >• It is a well known;fact that the,profits arising from the purchase and sale of native lands in the North Island are e< oratpua,, and it ib equally well known that-such profits have up to the present limo been' confined to the capitalist alone, because 01, the many obrtructions arising from the laws relating;! o native lands, and to the large expenditure" of nxotiry required for purchasing the Mine.: The Auckland Native Lunds Colonization Company (Limited) presents to small investor* advant ges idcuticitl with, and iv exerse of thote ci joyed at present only by capitalists, the'shares having been fix«>d *o low that men of email-means may be (.laced on the same footing as the capitalist! ■■' Na more fitting opportunity than the present cuild be seized for the purposu of' attaining the object* aimed «t by tbis com* pany, because :— - - Ist. —The quantity of fertile Crown L*nds in the North Islaud, at tlie preset time available for settlement is insudicieut"to meet the demand. ' '- <• ■>' 2nd.—The Government have ceased operations in purchasing the natire lands. 3rd.—Tin native* owning land in the King country are almost unanimous in their desire-to bring . their * valuable land* under the operation of the Land Court and dispose of. them to Europeans. 4th.—lt is confidently an.'i'ipated that the Government, will favour the establish* meht' of tbis 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^andit will then be able to dispose of the s*jue at great advanrage. The land will be ,*old for eaah, or on deferred payments, or/disposed.'of-,-in the manner most conducive.,to the interest* of shareholders. . . ..... . Under these circumstances it J». believed that tbe establishment of the.Auckland Native Lands Colonisation CotnpfAj, (Limited) will provide for the natives the readiest and inoet beneficial method of plaoinff their lands for sale, lease, or settlement. The ever* increasing demand for lands iii New Zealand amongst all classes of colonist* aud intending emigrants from Great Britain, the rich quality of the lands :n the King country,, the fact that they are within easy, acces* by'rail'from Auckland, their suitabiti'J ) for occupation* -' and their annually-increasing value, are eon* siderations which present to investor*^ pros* pect of remuneiation vi.equalled prOjbablT bj any. proposal ever submitted to thepiiblic. Applicatious for 3^»re»• wiM'W|nißtivMl by the Secretory, at his offlow, Fort street, until 'IUBsDAY, the 31»t October. 1882. „ 674 iittAeiJiNUAL ffwuni, m eoitjt*, gold O orbro.ae in a rtykfatfayrtoisnobjain»bt* on tb* Thaotei •» ,\b* •nvoi* Ms? 0f15,#.- ■ . -, - ■ i ' 1 -"r '?