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holder of any Debenture issued under the authority of this Act shall not have any preference over any other such holder, by reason of priority of the date of such Debenture, or otherwise.

6. Time of Payment.—The principal sum secured by any such Debenture shall be payable on some day certain, to be named in such Debenture, not sooner than the first day of June, 1860, nor later than the first day of June, 1865.

7. Interest to cease after time fixed for payment of Principal.—Interest shall cease to be payable on any debenture issued under this Act on the day next after the day fixed for the payment thereof.

8. Debentures to be sold for best prices to be obtained for same.—The Superintendent shall cause every such debenture issued under this Act to be sold in the said province or elsewhere, by public competition or otherwise, for the best price that can be obtained for the same.

Short Title.—This Act may be cited as "The Nelson Debenture Act, 1857."

SCHEDULE A.

NELSON DEBENTURE.

No. in words | Amount in words
and | and
figures. | figures.

Debenture for the sum of ( ) pounds sterling, issued under the authority of an Act of the Provincial Legislature of the Province of Nelson, in the colony of New Zealand.

On presentation at the Superintendent's office, in the Province of Nelson, in New Zealand, on the
day of 18 , the bearer of this debenture will be entitled to receive the sum of ( ) pounds sterling.

Interest in the meantime after the rate of
per centum per annum will be payable to the bearer of this debenture on the 1st days of and
in every year, at the [Provincial Treasury at Nelson or elsewhere, as the case may be].

Dated at Nelson, this day of 18
A.B.,
Superintendent.
C.D.,
Provincial Secretary.

Entered at the Provincial Treasury at Nelson, and issued this day of 18
E.F.,
Provincial Treasurer.

NOTE.—The principal and interest of this debenture are charged upon and payable out of the public revenue of the Province of Nelson, in New Zealand, which may be subject to the direction and appropriation of the Superintendent and Provincial Council thereof.

No interest will be payable on this debenture after the day therein fixed for the payment of the same.

SCHEDULE B.

Surveys . . . . . £5,000
Waitohi Road . . . . 3,000
Other Public Works . . . 2,000

£10,000

APPLICATIONS FOR DEPASTURAGE LICENSES, in accordance with the Land Regulations of the 1st July, 1856, received by the Commissioner of Crown Lands during the month of February, 1857.

William Strachan | District—Wairau.
Boundaries—Northward, by the range of hills on the north bank of the Wairau River; Eastward, by the sold land and by the River Tua Marina to Section No. 1, the property of Puka Koatu; Southward, by the River Wairau; Westward, by the Wai-ka-ka Bush, the same being the eastward boundary of M. Mahor's Run.
Estimated extent—Five thousand acres.
Deposit paid—£15.

Joseph Ward . | District—Ngatitahi.
Boundaries—Northward, by two small streams, one running into the Acheron, the other into the Wai-otoa;
Eastward, by the westward boundary of Dr. Robertson's Run; Southward and Westward, by the River Clarence.
Estimated extent—Under ten thousand acres.
Deposit paid—£15.

Christopher Edward Dampier. | District—Hurunui.
Being a block of land situated on the confluence of the north and south branches of the Hurunui, where that river falls into the Waitohi plains.
Bounded on the East by the northern branch of that river and its first tributary stream from the north-eastward, and by a line thence bearing northward to the bush there, and thence extending westward and southward to comprise 10,000 acres along the foot of the snowy range to the south branch of the Hurunui, which forms the southern boundary of the Run and also of the province.
Deposit paid—£15.

ALFRED DOMETT,
Commissioner.

Land Office, Nelson,
5th March, 1857.

ERRATUM.

In the last page of the preceding number of the Gazette, the last line but two before the imprint, for "E. S. LEE," read "E. J. LEE."

PRINTED BY C. AND J. ELLIOTT, AT THE "EXAMINER" OFFICE, NELSON.