Page 3 Advertisements Column 2

Wanganui Chronicle, Volume XXIV, Issue 9662, 30 October 1882, Page 3

) , PBOSPECTUS-. of! the AUCKIiiirD NATIVE lANBS COLONISATION COMP-SNT (LIMITED). CAPITAL ...,., £500,000, nt 500,000 shares of £1 each. 200,000 SHABES AEE HOW OTffEEED TO l , THE PUBLIC. 300,000 SHAKES TO BE " .RESERVED FOH NATIVES AND i FUTURE ISSUE. r foe Shilling payable upon application; One Shilling upon Allotment. Calls not to exceed One Shilling each, to be made at i intervals of not less than : ■ Three Months 1 Provisional Directors : i J. Chambers . "W. B. Vines C. O. McMillan ' T. T. Masoflold P. B. Claude John Keid Geo. Holdship. Kennedy Hill Huirama Puke I Franz Scherff J. B. Whyte, M.H.K I Major Jackson Q. B. Morris, M.H.E. j Captain Colbeck Eo Kaukiuta " (Witli power t add to their number), Bankers : Bank of New Zealand. Solicitors : Jackson and JRusse}l. Secretary, pbo. tern. Franz S herff THE objects . of the Auckland Native T anSs Colonisation Company (Limited) are the acquisition and settlement of .Native Lands in the North Island of New '/.ealand, upon terms which will be to. the mutual advantage of Iho Native ( 'wuera, 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 land in such way as the natives may prefer, either by pnrchase, by lease, or by acting as tneir agents on such terms as may be agreed upon 2nd.— To pay for such interests acquired at the, option of the native owners, either cash, paid-up shares, or debentures for the whole or any' part 1 thereof, as circam stances and -mutual advantage may. dictate. 3rd.— To allow' the native owners who take np paid-up shares interest at the rate of 5 per cent, upon the amount of the paid-up uhares 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 ■ atspercent. ... sth, — 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 expenses, of man•- • agement, completing titles, effeoting surveys and subdivisions into farms and township lots, opening means of access, conducting the sale and leasing of lands, . : promoting tbe formation of special settlements," and generally in utilisi g the land's vested in the company to the best ad von- . ta>e. ', . . 6th. — To set apart and legally secure adeq uate and inalienable reserves for the benefit of the native owners, 7th. — To convey to tbe Government an agreed percentage of land as required for public works, and other purposes, at a figure Blightly in advance of cost price, i Bth. — To induce native Owners to become - large ehareholiers, to settle permanently upon lauds, the titles to which have been individualised, and to be repres ented on the directorate. It is a well-known fact that the profits arising from the put chase and sale of native lands in the .North Island are enormous, and it is equally well knowJi tbat suoh profits have up tp the present time been connued to the capitalist alone ; be. cause of the mn ay obstructions arising from tbe laws relating to native lands, and to the large expenditure of money required for purchasing the same. , Tbe Auckland Native Lands Colonisation Company (Limited) presents to small 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 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 t' is compmy, because : — Ist— The quantity of fertile Crown Lands in" the North Island at the present time available for settlement i-* iasufficient to meet the demand, 2nd — Tho ■ Government have ceased operations in purchasing native lands. 3rd. — The natives owning l9nd in the King, 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. — It is confidently anticipated that the Government will favour the establishment of this Company, which will go far to relieve them from all anxiety about provi 'ing for the fnture wontß 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 tbe same at great advantage. The land will he soW for cash, or on deferred pay irents, or disposed of in the manner most pon di-cive to the interests of shareholders. Under these circumstances, it is believed Ihnfc the establishment of the Auckland Native Lands Colonis-tio ■ Company (Limited) will provide for the natives the readiest and mos* beneficial, method of placing their lands for sale, lease, or so' Moment, 'lhe ever-increasing demand for lnnds in New Zealand amongst all classes of colonists and' intending emigrants from Great Britain, the rich quality of the lands in the King oonnt.vy, the fact that they ore within easy access by mil from Auckland, their suitability for occu pation, and their annually-increasing value, are. considerations which present' to investors a proposal of remunera' ion unequalled probably by any proposal ever submitted to the public, ' Applications for Sh res will be received by the ■ecmtary, at his offices, Port street, until TUESDAY, the 31st October, 1882. • Auoklaud, September 20th, 1833. WHITWORTH RUSSELL, Agent. WANGANIXI - WAITOTAEA HIGHWAY DISTRICT. WEIGHT OF LOADS. NOTICE is hereby given that at the regular, meeting of the abovenamed Board, held on the 2nd October, 1882, the following resolution was passed:-^ " That no two-wheeled dray or other vehicle shall be allowed to carry more than 25 owt, and no four wheeled dray or other vehicle shall be allowed to carry more' than 50 owt upon any roads in the above-named dis'rict ; and that any load on any- of the said roads which, in the opinion ■ of' the Inspector appointed by the Board shall be more than as herein stated, shall be weighed at the neai-est weigh-bridge, and if suoh load exceeds the said weight, the owner thereof shall be subject to the penalty under the Act." Dated this 23rd day of October, 1882. J. J. CRAWFORD, Secretary. N" THE ESTATE OP D. BELL, STOREKEEPER. IT is particularly requested tliat all claims be sent in, and tliat all accounts be paid to Mr D. Bell not later than "Wednesday next, Nov. Ist. McWILLIAM & WILSON. MA^TJTAHI (PLATBLAYING) CON TRACT.— LENGTH ABOUT 7£ MILES. FOXTON-NEW PLYMOUTH RAILWAY. Public Works Office, Wellington, October 6th, 1882. TENDERS will be received at this office until Noon on Thursday, the 2nd November, 1882, for the above contraot. They, are to be marked on the outside, "Tender for Manutahi Plate- ; laying Contract," and addressed to the Hon the Minister for Public Works. Telegraphic tenders, similarly addressed i and marked, will be received if presented at any Telegraph Office by noon of the l same date, provided that tenders as i above are lodged at any District or i Resident Engineer's office by the same hour. Drawings, specifications, aud j general conditions may be seen at this . office;' at the Public Works offices, Hawera and Wanganui ; the Railway Station, New Plymouth : and the Crown 1 Lands office, Patea. The lowest or nny tender not necessarily accepted. By command. JOHN BLACKETT, Engineer in Charge, North Island.