394

THE NEW ZEALAND GAZETTE.

Act shall vest in and be held by any Corporation, Commissioners, or other person or persons having
corporate succession, to be named in the Order, in trust for the like or other public purposes, to be specified
and declared in such Order, in such manner, and with such powers of leasing for any term not exceeding
twenty-one years from the date of the lease, and of management of such reserves, and of disposing of the
rents, issues, profits, and proceeds thereof, and other powers, provisions, and provisoes as shall be expressed
and declared in such Order: And whereas the several parcels of land described in the Schedule hereto
have been reserved and set apart for the purposes therein mentioned, and such reserves are now subject
to the provisions of the said Act: And whereas it is expedient that the said reserves should be vested in
the Mayor, Councillors, and Burgesses of the Borough of Hokitika (hereinafter called the "Corporation "),
in the manner hereinafter mentioned:

Now, therefore, His Excellency the Governor, with the advice and consent of the Executive Council,
and in exercise and pursuance of all power and authority in this behalf in him vested, doth hereby order
and direct that from and after the date hereof the reserves particularly mentioned and described in the
Schedule hereto shall vest in and be held by the Corporation in trust for the public service of the said
borough, with power to dispose of and manage such reserves under and subject to the following conditions,
that is to say:—

1. The said reserves shall be vested in the Corporation for the several purposes mentioned in the
   Schedule, and in cases where the purpose for which such reserve was made shall be specified, the
   Corporation shall have no power to alter the same, but such reserve shall be held in trust for the particular
   purpose specified.
2. As to the reserves mentioned in the First Part of the said Schedule, the Corporation shall have
   power to lease the same, or any of them, to any person or persons, or to any body corporate, for any term
   not exceeding twenty-one years from the date of such lease, reserving such rent or rents as the Corporation
   may think fit; and every such lease shall contain all usual and proper covenants on the part of the lessee
   or lessees, and shall contain a condition or right of re-entry for breach of any of the provisions of such
   lease.
3. As to the reserves mentioned in the Second Part of the said Schedule, before any lease or disposition
   thereof shall be made to any person or body corporate, the consent of the Governor shall be obtained
   prior to the execution of the lease, and such consent, if given, shall be indorsed on the intended lease; but,
   subject to this condition, the Corporation shall have the like right of leasing any reserve mentioned in the
   Second Part of the said Schedule as is hereinbefore given with respect to the reserves mentioned in the
   First Part of the said Schedule, and the Governor may, if he think fit, refuse to assent to any such lease.
4. It shall be lawful for the Governor to require that any such lease as last aforesaid shall contain
   such additional covenants or conditions on the lessee's part as he may think fit and adapted to secure the
   effectual management of any such reserve.
5. The rents, issues, and profits to be received or derived from the leasing of any of the reserves
   mentioned in the said Schedule shall be vested in the Corporation, and by them received and appropriated
   to the Borough Fund, and may be applied thereout in such manner as the ordinary revenue of the
   Corporation may be applied.

SCHEDULE—PART 1.