8

one of the said settlements, and his purchase,
(whichever be prior in order of time) do not exceed
Twelve Months.

Disputes among Individuals.

7. Disputes among applicants and purchasers are
   to be determined either by Arbitration or by Lot, if
   the parties concur in desiring either of these modes
   of decision; and, in default of such concurrence,
   by the Company's Principal Agent or other autho-
   rised Officer. Such determination to be in every
   case conclusive and binding as against all parties
   interested.

But if the Company's Agent or other Officer de-
cline to give any decision, the parties to be at
liberty to have recourse to such remedy as they
possess, at Law or in Equity.

By Order of the Court,
THOMAS CUDDERT HARINGTON,
Secretary.
New Zealand House, 9 Broad-street Buildings,
London, 1st August 1849.

THE COOK'S STRAIT SETTLEMENTS.

Terms of Pasturage, until further Notice.

The Court of Directors of the New Zealand
Company are prepared to allow, until further notice,
the issue of Licenses for the pasturage of lands at
the disposal of the Company in the settlements of
Wellington Nelson and New Plymouth, on Cook's
Strait in New Zealand, under such regulations, sub-
ject to the following conditions, as may be pre-
scribed from time to time by the Company's Princi-
pal Agent in New Zealand or other Officer duly
authorised in that behalf.

Duration of Licenses.

1. Licenses for the Pasturage of land in the
   several settlements of Wellington Nelson and New
   Plymouth, while such land continues unappropriated
   and not required for any purpose other than pastu-
   rage, to be granted for periods not exceeding One
   Year nor less than Six Months, to end on the 31st
   of 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.

Licenses.

2. The persons qualified to hold such Licenses in
   each settlement respectively, on making application
   as hereinafter mentioned, to be the owners of not
   less than twenty-five Acres of Rural land in the
   same settlement under Titles originally derived from
   the Company; or, with the consent of such owners,
   their immediate Lessees or Tenants to the like ex-
   tent; 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 herein-
   after 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 of Rural land under Titles originally de-
   rived from the Company, held by the Applicant
   in the same settlement as owner, and not let
   (with the privilege of pasturage thereto attached)
   to any Lessee or Tenant;
   Quantity of Rural land under Titles originally de-
   rived from the Company, held by the Applicant
   in the same settlement (with the privilege of
   Pasturage thereto attached) as the immediate Les-
   see 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 boun-
daries of any of the said settlements, for any defined
pasturage-runs; but the extent or amount of pas-
turage to be enjoyed by each Licensee, and the
mode of using the same, whether in commonage, in
runs, or otherwise, to be decided in each settlement
by Wardens elected annually under the following
arrangements, viz.:—
A Public Advertisement to be issued by the Com-
pany'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 speci-
fied 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; each
person duly qualified to be entitled to Votes in
the following proportions, viz.:—
for 25 acres and under 50,—One Vote;
for 50 acres and under 100,—Two Votes;
for 100 acres and under 150,—Three Votes;
for 150 acres and under 200,—Four Votes;
for 200 acres and under 250,—Five Votes;
for 250 acres and upwards,—Six Votes.

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 re-
maining Wardens to supply the vacancy by elect-
ing 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 be-
fore 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 con-
tents 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 in each settlement to be apportioned,
the mode of using it to be decided, and the par-
ties interested to be apprised accordingly, by the
Wardens, in the months of December and June
for the half-years commencing respectively on
the 1st January and the 1st of July then next
ensuing.
In such apportionment, regard to be had to such
General Rules as the said Wardens may deem
suited to the circumstances of the case or to the
condition of each settlement respectively; the
privilege of pasturage, however, to be in propor-
tion 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 proportionable 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.