13

OTAGO.

TERMS OF PASTURAGE, UNTIL FURTHER NOTICE.

The issue of Licenses for the Pasturage of Lands at the disposal of the New Zealand Company in the settlement of Otago will be allowed until further Notice, under such Regulations, subject to the following conditions, as may be prescribed from time to time by the Company's Principal Agent in New Zealand or other Officer duly authorised in that behalf.

Duration of Licenses.

1. Licenses for the Pasturage of Land in the Otago settlement or Block of 400,000 Acres, while such Land continues unappropriated and not required for any purpose other than Pasturage, to be granted for periods not exceeding One Year nor less than Six Months, to end on the 31st December in each year, but to be otherwise sooner determinable as hereinafter mentioned. Fresh Licenses to be in like manner issued at the end of each year.

Licensees.

2. The persons qualified to hold such Licenses, on making application as hereinafter mentioned, to be the Owners of not less than Twenty Acres of Suburban or Twenty-five Acres of Rural Land in the settlement under Titles originally derived from the Company; or, with the consent of such Owners, their immediate Lessees or Tenants to the like extent; in the latter case, however, the Owner not to be qualified to hold a Pasturage License in respect of the same land as his Tenant.

Applications for Licenses.

3. Applications for such Licenses to be made in writing; to be delivered, within the periods hereinafter mentioned, to such persons and at such times and places as may be appointed by the Company's Principal Agent or other authorised Officer; and to contain the following particulars, or such others as the said Agent or other Officer may deem necessary, viz.:—

Name and Residence of the Applicant;

Quantity and class of Land under Titles originally derived from the Company, held by the Applicant in the settlement as Owner and not let (with the Privilege of Pasturage thereto attached) to any Lessee or Tenant;

Quantity and class of Land under Titles originally derived from the Company, held by the Applicant in the settlement (with the Privilege of Pasturage thereto attached) as the immediate Lessee or Tenant of the Owner, with the Name and Residence of such Owner;

Number and description of the Live stock proposed to be depastured under the License,

Apportionment of Pasturage.

4. No License to be granted, within the boundaries of the settlement, for any defined Pasturage run; but the extent or amount of Pasturage to be enjoyed by each Licensee, and the mode of using the same, whether in Commonage, in Runs, or otherwise, to be decided by Wardens elected annually under the following arrangements, viz.:—

A Public Advertisement to be issued by the Company's Principal Agent or other authorised Officer, in the Month of October in each year, calling a General Meeting of the Persons qualified to hold Licenses in the settlement, to be held on a specified day in the ensuing Month.

At the Meeting held accordingly in the Month of November, Three Wardens to be elected by a majority of Votes, for the year commencing on the 1st of December then next ensuing. Persons duly qualified to be entitled to Votes in the following proportions, viz.:—

For 20 Acres and under 40, Suburban Land, or 25 Acres and under 50, Rural Land—One;
For 40 Acres and under 80, Suburban Land, or 50 Acres and under 100, Rural Land—Two;
For 80 Acres and under 120, Suburban Land, or 100 Acres and under 150, Rural Land—Three;
For 120 Acres and under 160, Suburban Land, or 150 Acres and under 200, Rural Land—Four;
For 160 Acres and under 200, Suburban Land, or 200 Acres and under 250, Rural Land—Five;
For 200 Acres and upwards, Suburban Land, or 250 Acres and upwards, Rural Land—Six.

The Company's Principal Agent or other authorised Officer to preside, but to have no Vote except in the case of an equality of Votes.

In the event of the death resignation or refusal to act of any of the Wardens so elected, the remaining Wardens to supply the vacancy by electing his Successor within One Month.

Applications for Licenses, in the prescribed form duly filled up, to be delivered to the appointed persons and at the appointed times and places on or before the 15th days of the Months of November and May respectively.

Licenses to take effect respectively on the 1st of January and the 1st of July then next ensuing, to be issued to Applicants duly qualified, and a List of the Licensees with an Abstract of the contents of their several applications to be supplied to the Wardens, by the Company's Principal Agent or other authorised Officer, on or before the last days of the said Months of November and May.

The Pasturage to be apportioned, the mode of using it to be decided, and the parties interested to be apprised accordingly, by the Wardens, in the Months of December and June for the Half years commencing respectively on the 1st of January and the 1st of July then next ensuing.

In such Apportionment, regard to be had to any advantages which it may be considered ought to attach to priority of Title, and to such other General Rules as the said Wardens may deem suited to the circumstances of the case or to the condition of the Settlement; the privilege of Pasturage, however, to be in proportion to the quantity of Land in respect of which each License may be held.

New Purchasers of Land, being duly qualified and making the requisite Application, to be admitted to a proportionate privilege of Pasturage at each Half yearly apportionment.

In every case, the Apportionment of the Pasturage and the Regulations as to the mode of using it to be agreed to by Two at least of the Wardens for the time being; in the event of their failing, from non-agreement or other cause, to make any such Apportionment and Regulations within the respective Months of December and June, or to fill up a vacancy within One Month after such vacancy occurring, the powers hereby intended to be conferred upon such Wardens, in regard of those duties respectively, to be thereupon held and exercised in each case respectively by the Company's Principal Agent or other authorised Officer.

Yearly charges on Licenses.

5. The said Licenses to be subject to no charge whatever, except the Fee mentioned in the next Paragraph.

Fees on Licenses.

6. On the issue of each License, a Fee to be paid of Ten Shillings and Six pence.