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EUbiNESS DIEEOTOEY. jsr^r^s;?Bk.~#INSin&ANCE COMPANIES. New Zealand iFire and Marine Insurance Thomas Culpan, Manager. ■ ...;,-.. „ , . AUCTIONEBEB &C. ■ . . . Edward^N.' Liffiton, Auctioneer, Stock and -..Station Agent, Butland Chambers Barns; -Albert, . Valuator' General Com- , mission, Custom House , Shipping Agent Jacksonj Ireeman 8., Stock Station lAgent ABOHITBCTS, SUBVBXOE3, &O. Atkins, A., Bidgway-street . - ' ' BAKBBB &' CO2TFEOTIOIJBBS. Bain, James, Machine ' Biscuit Baker, and . Confectioner Avenue • Hicks, George, Steam Biscuit Factory and Confectionery Works Bidgway-sfcreet Woolley, Thomas, Machine Biscuit Baker and Confectioner, Victoria Avenue : BOOT & SHOE MAKEB ' Hurley, Henry; Cheapest Boots in Town -. _..•-. BTTTOHIB •J?" Caddy, Henry, Wholesale and EetailShipo ping- and Family Butcher-: ... ; . CABIKET MAKEBB. . . - . Anderson, -John, Furniture and Carpet. ' Warehouse, Victoria Avenue . „ Anderson; .James, T. Furniture Carpet and Warehouse, Valuator, TTnder- ' taker, &c.iaupo Quay _ ; ' ;'- ' '"' "•J'OHBinsTS & BBTraaiSTS - . Burn, E. Gi, Chemist' and'Druggist Avenue Wakefield & Hogg.'Whblesale'and BetaU '' :■ :r : tf. commission a&ents,' &c. Crawford',' J. JV, Commission Agent, Certifi- - cited Acduntant in Bankruptcy • .!-, IBOItJIONaBBS ' :. Drummond & Alexander, Metal MerchantsL :'- , , ; PAINTBB & DEOOBATOB. Styles, W.T. Paperhanger, Victoria Avenue PIXrkBBB8.& &ABPITTBBS. Horn, J.rH., Manufactory, Victoria Avenue. Ke'esing, J..H. Plumber and Gasfitter ir - . ' T" ' . PBODTrCEMBBOHANTS, Aic. „ • ' ; Walker "ffi Hatrick, Steam Chaff Cutting "and Crushing Mills Bidgway-street'. 'I 1 ''".' bad'dkbbs &;habnbss makbes ''; Kitchen, D., 'lmporter and Manufacturer 'of " every descrip r tiori r of Saddlery ."Avenue- " tzrl ' BBBDSMAIf '& HTTESEBTMAir '' '" ' ' ' laird James, Taupo Quay ' . ' : , ,;':.BHIP'CAIiANDIiEBS'& SAIIiMAKBBS' -■ McFarlane, J; &B:, Taupo' Quay • , ' : STOBBKBEPBBB & QBOOBBS. i Cummins, T. D., Taupo Quayj ... , r - Manoon, S., Storekeeper, , Taupo Quay -and, .Mtmmpta ... , , .-■ •..-,, Steyensonj J. L., Wholesale and Retail, Provision Merchants, Corner of Wick"stead and Eidgway-streets, Wanganui , ;%l" WATOHMAKEBS &'jß-WBHBB3 "irew, S. : H. Practical 1 Watchmaker and Jeweller. Wanganui and Marton . _ £ohn Bros., Importers, Watchmakers' ,and 'Jewellers, next door Chbonioib .Office ■WDTE & SEIBIT MBEOHANTS. •' • .; Powell, Son, and Co., Victoria Avenue •" r r - .. , - .;. H' . P BOS PECTTT » : OPI THE - ATJCKLAND NATIVE LANDS COLONISA-' .; TION COM-PiNT (LIMITED). . CApiiAi.............h...;>.'.....'..... £500,000, IS 500.0C0 SHABES OF £1 EACH. aOO.OOO SEI ABES ABE NOW, OFFEEED TO THE PUBLIC. .TO.OOO SHADES TO BE BESEEVBD FOH NATIVtS AND PUTUEE ISSUE. ' One. rshilling payable ■ upon application; One Stuffing upon Allotment. Calls not to exceed i- r One Shilling each, to be made at ,-' intervals of not less than , 1 ' Three. Months. T --"< ' . ■■ ■' ■ '- : i: ■ PSOVISIONAI DIRECTOBS ! J. Chambers W. B. Tinea C. D. McMillan . T. T. Masefield P.rß. Claude John Eeid > ..: Geo. Holdship ".-. KenuedyHill -TfcHuirami Puko Franz Scherff O". B. Whyte, M.H.B Major Jackson G. B.,Morris, M.H.B. j Captain Colbeck • . • KoKaata'uta ' (With power t ■ add to their number), .i ; i . ■ Bamkebs : , . !,- Bank of New Zealand. »_ ' ' ' , Solicixoes : . "-"■■: Jackfionand .Russell. ' - • SkCßEtaet, pbo. tern. .', „; Franz S.herff fPHE objects of the Auckland Native! Lands 1.. . Colonisation Company (Limited) are the acquisition and settleiiient of Native Lands in the North 'lsland of NewVealand, upon terms which wUlbe to the mutual- advantage of the-Native: Owners, of the Shareholders in this Company, and of tbie colony in general. ' L ' '' lirj order to carry out this. object it is pro-posed-T- ....;: ."•",•, ,Ist. — To acquire interests in land in such way • ' ■ -as the natives ' may prefer, either by pur- ; chase, by lease; or by, actiDg :as tbeir - agents: on snch termß ,as may be agreed • '-■- 'upon'"' ' ' ' -■ . V V ' ' 2nd.— To pay for' "such interests acquired at ~i - -the option of the native owners, either' . . - - cash, paid-up Ghares, or debentnres for . ' ' the wbole or any pirt thereof, as circum stances and mutual advantage may dic--1• • < tate. .' ; ■ - ■ - - 3rd. — To allow the native owners who take up • " - .paid-up shares intereßtat the rate of S f • ! ' i iper cent upon the amount of the paid-up ■-„ bhoxes in excess of the amount paid up on '. '. contributing shares. , • . •itri;— To'issne to any native owner declining n\ to take cash or paid-up shares debentures '; of stipulated amounts, bearing interest '"' atSper'cent.".' -. • Bth.^-The capital required to carry on neceßI,.,iSary operations of the company to be. provided by Colonial and. -European — -'shareholders,- and'-'snbh' capital shall be ill employed. in defraying expenses of man- ■ 1 agement. completing titleß, effecting sur- . "''"veys'au'd' subdivisions ' into forms and, v! <> township lots; * 'opening < means of access, „ j conducting the sale and leasing of lands, I promoting the formation of special Bett'e- '-*'■ meuts; and'generally in utilisi gthelands i; ; vested in the 7 eompany to the best advani -taEe.-,. >.. , ' 6th-.'—^To set apart and legally secure adeJT^ j, 7 quate- and .inalienuble reserves 'for the „.,' benefit of the native owners," 7Uil — To convey to tbe Government axi agreed '"' j percentage i f land' as required tor public "y; f i -..works, and other purposes, at a figure ■ • slightly in advance of cost price. . Bth.— To Induce native owners to become ;■ ■ / large sbarehol iers, to settle permanently „i upon lands, the titles to which have " ' : .been individualised, and to bo repretr- 'sented on the directorate. J Itlis a well-known fact that the profits arUing from the purchase and sole of native lands in the * Uorth Island are enormous, and it is equally well known that Buch profits have up to the present time been confined to the capitalist alone; be, cause of the maay obstructions arising from the laws- relating to native lands, and to the large expenditure of money : required for purchasing tbe same. .The Auckland Native Lands Colonisation Company (limited) presents to small investors advantages identical with, and in excess of those enjoyed at present ODly by capitalists, tbe shares having been fixed so low, that men of small means may be placed on the same footing as the capitalist. . ' ' - : No more fittiog opportunity than the present couiabe seized for the purpose of attaining the Objects aimed at by this company, because : — Ist. — The quantity of fertile Crown Lands in * '. the" North Island at the present time v:t available for settlement i- insufficient to - meet the demand, 2nd. — The Government have ceased opera* *■ -tions in purchasing native lands. 3rd. — The natives owning laud in the King r country are almost unanimous in their "" 'desire to bring their valuable lands under ':,- - the operations of the Land Court, and - dispose of them to Europeans. 4th'.— lt is confidently anticipated that the • - Government will favour the establish- ". mentofthis Company, which will go for Tj, to relieve them from all onxiety about ' [ providing for the fnture wants of the natives. This Company will place all land acquired under 5* The Lands Transfer Act," so that the title will be indefeasible, and it will then be able to dispose of tbe same at great advantage. The land will be sold for cash, or on deferred pay merits, or disposed of in the manner most con ducive to the interests of shareholders. Under these circumstances, it is believed thai ■Sihe establishment of the Auckland Native Land! 'Colorasatioa Company (Limited) will provide f oi the 'natives tho readiest and mos-. beneficial method of placing their lands for sole, lease, oi -W settlement. Ihe ever-increasing demand fpj ■^ lands' -in New Zealand amongst all classes o colonists and intending emigrants from Gren Britain, tho rich quality of the lands in the Kin| eoimtry, the fact that they are within easy accesi by rail from Auckland, tbeir suitability for occn cation, and their annually-increanng value, an considerations which present to investors a pro uosal of rcmuneraiion nncqnallea probably bj an; proposal ever submitted to the public. Applications for Shares will be received by thi Secretary, at his offices, Fort street, until TuES DAT, the 31st October, ISB2. Auckland, September 20th, 1&32. WHITWOBTH RUSSELL, Agent.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/WC18821028.2.2.1

Bibliographic details
Ngā taipitopito pukapuka

Wanganui Chronicle, Volume XXIV, Issue 9662, 28 October 1882, Page 1

Word count
Tapeke kupu
1,203

Page 1 Advertisements Column 1 Wanganui Chronicle, Volume XXIV, Issue 9662, 28 October 1882, Page 1

Page 1 Advertisements Column 1 Wanganui Chronicle, Volume XXIV, Issue 9662, 28 October 1882, Page 1

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