1138
THE NEW ZEALAND GAZETTE.
[No. 53

The term of years for which the lease will be granted will in each case be twenty-one years, computed from the 1st October, 1898.

Such lease is perpetually renewable every twenty-one years, as provided by the above Act.

The rent is payable by equal half-yearly instalments in advance.

Tenders must be enclosed in a sealed envelope, addressed to the Public Trustee, Wellington, and marked on the outside as follows: “West Coast Settlement Reserves. Tender for lease of Lot No. , as advertised in the newspaper on the day of 1898.”

Envelopes for such purpose, and printed forms of tender and declaration, can be obtained of the Postmasters at Opunake, Manai'a, Normanby, Waitotara, Patea, Waverley, Stratford, Waitara, Okato, Oakura, Puniho; the agents of the Public Trustee at Hawera, Palmerston North, Wanganui, Napier; the office of T. W. Fisher, Esq., Reserves Agent, New Plymouth; or at the office of the Public Trustee, Wellington.

If any person desires to tender for more than one lot, a separate tender for each lot must be made, and separate declarations, as required by section 50 of the Schedule to the said Act, furnished.

Every tender must be accompanied by six months’ rent at the rate tendered, the sum of £3 3s. to pay for the lease and registration thereof, and the amount of stamp duty payable on the lease and counterpart. Marked cheques will be received (which must include bank exchange), or post-office orders.

Successful tenderers will be notified in writing by the Public Trustee of the acceptance of their tenders, and must, within thirty days after notice by registered letter shall have been posted in the General Post Office, Wellington, addressed to the tenderer at the address given in the tender, execute leases in triplicate.

All rates and taxes due in respect of the above lands accruing after the 30th September next must be paid by the lessee.

Every tender, where the rental tendered is less than the upset rental fixed as aforesaid, will be informal and incapable of being accepted, and no tender will be accepted unless the same is closed up and accompanied by the statutory declaration as provided by section 50 of the above Act, together with such six months’ rent and £3 3s. as above mentioned.

The highest tenderer, if his tender equals or exceeds the upset rental, will be declared the lessee, and be entitled to possession so soon as he has executed the lease thereof in triplicate, and has complied with all other conditions lawfully prescribed in that behalf.

If the rent tendered by two or more persons is of the same amount, and is higher than that offered by other tenderers, the Public Trustee will, after opening all the tenders, decide by lot, in such manner as he thinks fit, which of such persons shall be declared the lessee.

The deposits and fees paid by the unsuccessful tenderers will be returned to them upon application.

If any person declared a lessee fails to execute his lease within thirty days after being required by notice so to do, then his deposit and the above-mentioned sum of £3 3s. will be absolutely forfeited to the Public Trustee, and the right of such person to obtain such lease will absolutely cease and determine.

The lease and the provisions thereof to be executed by the successful tenderer and the Public Trustee are set out in the above-mentioned regulations. Such form of lease has been modified by the insertion therein of provisions with reference to fencing; and the form of lease to be signed with the said modifications can be seen at any of the places above-mentioned, where forms of tender can be obtained.

Persons proposing to tender are referred to the above-mentioned Act and regulations, which are to be deemed part of this notice.

If from any cause whatever the Public Trustee is unable to grant a lease of any of the lands above referred to, the successful tenderer shall have no claim for damages or compensation.

The area of each lot is believed to be correctly described in the foregoing list, but if the area is less than that specified in such list the successful tenderer shall be bound to take a lease of such lesser area without any allowance of compensation.

If the area of any lot is larger than that set out in the said list the Public Trustee reserves the right, by notice in writing to the successful tenderer, to annul the contract, but without payment of any compensation or damages whatever.

This notice is to be deemed part of any contract for the grant of a lease of any of the above-mentioned lands to any successful tenderer.

J. C. MARTIN,
Public Trustee.

Public Trust Office, Wellington, 1st July, 1898.