57

I.—lA

The Schedule above eefeebed to. £ The ship " ," London. We jointly and severally promise to pay to Her Majesty the Queen and her successors, on behalf of the Colony of New Zealand, the sum of pounds, by four equal yearly instalments of pounds each, at the expiration of two, three, four, and five years respectively, from the date hereof* with interest in the meantime at the rate of 6 per cent, per annum on so much thereof as shall for the time being remain unpaid, such interest to be yaid half-yearly on every day of and day of ; the first of such half-yearly payments to be made on the first of the said days happening after the date hereof ; and in case default shall be made in the payment of either of the said yearly instalments or of the said interest for one calendar month after the same shall respectively become due and payable, then we jointly and severally promise to pay, immediately upon demand, the whole of the moneys and interest hereby secured. But we are to be at liberty to pay the whole or any part of the amount secured by this promissory note at any earlier time or times than the due dates of the instalments, if we think proper. Payable at the offices in London for the time being of the Agent- Q-eneral of New Zealand, or, if there be no such offices, then at the Bank of England. John Beogden and Sons. Alexandee Beogden Henet Beogden. James Beogden.

On behalf of the Governor, I. E. Featheeston, Agent-G-eneral, John Beogden and Sons. Alexandee Beogden. Henet Beogden. AVitness to the signatures of Isaac Earl Featherston, John Brogden and Sons Alexander Brogden, and Henry Brogden — James Mackeell, Solicitor, 21, Cannon Street, London. Rene and Taboijedin, Solicitors, 1, Victoria Street, Westminster. James Beogden * Witness to the signature of James Brogden—

* The signature " James Brogden " is only written in pencil in the agreement to show where the signature is to be inserted.

Authority: G-EOBaE DidSbusy, Government Printer, Wellington.—lBBl.