Miscellaneous. WHEREAS by "Tbe Immigration and Public Works Act Amendment Act, 1871," it is amongst other things enacted, Lb at tlie Minister for Public Works may receive applications IVom the owners or lessees of works for the supply of water on Gold Fields, for mining and other purposes, or from other persons interested in sucb works about to be constructed, Cor advances of money to aid in the construction, extension, or improvement of such works ; and by the said Act it is further enacted that tbe said Minister may make Regulations prescribing the mode of making and the form of such application, and for proceeding on such application, as in the said Act mentioned : And whereas it is expedient that Regulations should he made lor the purposes in tbe said Act mentioned : Now therefore, J, tbe Honorable John Davies Ormond, the Minister for Public Works, in pursuance and exercise of the authority vested in me by tbe said Act, do hereby make tbe Regulations set forth in the Schedule hereto, prescribing the mode of making and the form oJ application for advances of money to aid in tbe construction of works for tbe supply of water on Gold F'e'ds, and for on such application. SCHEDULE. 1. Persons desirous of obtaining advances of money for the time specified shall make application in writing to the Warden of the District or the Ageut duly appointed in that behalf for the Province or District in which the iniended works are to be constructed, and such application shall state — (1.) The names and descriptions of the applicants, or if they be a Company registered under any Act of the General Assembly, then tbe registered particulars thereof. (2.) The names of the Engineer and Manager of the enter prise. (3.) The general description ot the water race or races, dams, reservoirs, or other works proposed to be constructed together with duly attested copies of the certificate li certificates of title to tbe water or ground ; tbe quantity of water intended to be conveye' l or stored ; the length of the race or races ; size of reservoirs or dams ; the maximum rate proposed to be charged for the water; the nature and extent of the auriferous ground proposed to be supplied with water. (1.) Tbo ontimated eos.t of tbe enterprise. (5 ) The proposed capital. (G.) The interests, if any, affected by the diversion or storage of the water to be dealt with. (7.) The amount of money proposed to be borrowed, which must not exceed one-third of the estimated cost of tho construction of the works. 2. With tbe application the applicant shall forward to the Warden or agent a receipt n'oin the Receiver of Land Revenue of the District for the amount oi 2A- per cent, upon the money proposed to be borrowed. o. Immediately after any application aboil have been finally decided upon, the deposit thereon will be repaid, except so much as may be retained under authority of the Minister for covering tbe cost of the inquiry made "U accordance with tlie provisions of the Act. •i. The projectors of any enterprise to which money may be advanced shall, before the issue_of any loan to them, give to the Minister a valid lien or mortgage to cover tbe amount of loan over the works and property proposed to be constructed ; and such lien or mortgage shall be registered in the Warden's Court of the district, and shall be prepared at the expense of the projectors. 5. No money shall be paid towards tho construction of any water race, dam, or reservoir unless the projectors of the same shall have duly registered themselves under the Mining Companies Limited Liability Act or the Joint Stock Companies Act. G. The rate of interest to be paid by the projectors of any enterprise coming under these Regulations shall be seven (7) pounds per centum per annum, payable quarterly from the date of the advance. 7. The capital sum to be repaid out of the profits of the enterprise in the same proportion as the amount o money advanced by the Government bears to the paid-up capital of the Company. W. GISBORNE, (Minister Acting for the Minister for Public Works.) Public Works Office, Wellington, 4th January, 1872. NOW PUBLISHED, THE NELSON GOLDFIELDS' ALMANAC, Times Office: Molesworth street West-port.
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https://paperspast.natlib.govt.nz/newspapers/WEST18720416.2.18.2
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Westport Times, Volume VI, Issue 962, 16 April 1872, Page 4
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720Page 4 Advertisements Column 2 Westport Times, Volume VI, Issue 962, 16 April 1872, Page 4
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