APRIL 21.] THE NEW ZEALAND GAZETTE. 1257

3. The area of each section is subject to a slight read-
   justment on completion of survey.

4. Improvements.—Lessee shall bring into cultivation—
   (a.) Within one year from the date of his lease, not less
   than one-twentieth of the land;
   (b.) Within two years, not less than one-tenth;
   (c.) Within four years, not less than one-fifth;
   and shall within six years, in addition to the cultivation
   of one-fifth of the land, put substantial improvements of a
   permanent character to the value of £1 for every acre of
   first-class land, and 10s. for every acre of second-class land.

5. Compensation for Improvements.—Compensation for im-
   provements shall be payable by the Native owners at the
   expiration of the full term of fifty years, the amount to be
   assessed by arbitration, but not to exceed—
   (a.) In the case of sections of 75 acres and under, the
   sum of £150;
   (b.) In the case of other sections, £2 per acre; but in
   no case shall the compensation payable by the
   Native owners on any one section exceed the sum
   of £1,000.

6. If at the expiration of fifty years the owners are unable
   to pay such compensation, then the section loaded with the
   amount of the improvements (which amount shall not
   exceed the sum specified in paragraph 5) shall be put up to
   auction for a further term of twenty-five years at the best
   rent obtainable, and without compensation for improve-
   ments. Out of the amount received for the improvements
   the sum to which the outgoing lessee is entitled shall be
   paid to him.

7. Should the lessee at the end of the first term of twenty-
   five years refuse to accept the renewal, the value of the im-
   provements shall be assessed by arbitration, and the lease
   loaded with such value shall be sold by auction or tender.
   The amount received for the improvements, less any sum
   owing to the Board, shall be paid to the outgoing lessee.
   But the outgoing lessee shall have no right or claim against
   the Maori owners or the Board in respect of the value of any
   improvements made by him on the lands in his occupation in
   case any person shall fail to pay such value to the Board.
   Or the Board may at its option decide to pay the lessee the
   value of the improvements, and thereafter proceed to deal
   with the land affected in such manner as it may think fit.

8. If the lease is during the term of fifty years forfeited for
   any breach of condition, then the payment of the amount
   of the valuation of the improvements is absolutely at the
   discretion of the Board.

9. Lessee to sign statutory declaration before executing
   lease, and on fall of hammer to deposit first half-year's rent
   and £2 2s. for lease fee, stamp duty, and registration fee.

10. Including all other land already held, owned, or occu-
    pied under a tenure of more than nine months' duration, no
    person may hold more than 5,000 acres : every acre of first-
    class land being reckoned as 7½ acres, and every acre of second-
    class land being reckoned as 2½ acres.

11. Lessee to execute lease within thirty days after being
    notified that it is ready for signature.

12. Lessee to pay all rates, taxes, and assessments, except
    land-tax.

13. Residence optional.

14. Transfer or sublease not allowed, except with the
    sanction of the Board, and until lessee has been twelve
    months in possession and has effected the stipulated im-
    provements.

15. Lessee may not mortgage without prior consent of
    Board.

16. Lessee has no right to minerals without license. He
    may use on the land any minerals for any agricultural, pas-
    toral, household, road making, or building purposes.

17. The term of each lease shall commence on the 1st
    July, 1910. Should the survey of any section not be com-
    pleted by that date a proportionate rebate in the rental may
    be made.

18. The Board retains the right to withdraw any section
    or sections advertised.

19. The leases will not be subject to the covenants “to
    insure” and “to paint outside every fourth year.”

20. The leases will be subject to the general regulations
    issued by the Waiariki District Maori Land Board for the
    leasing of land within the thermal-springs district, where
    such regulations are not inconsistent with the foregoing
    terms and conditions.

TERMS AND CONDITIONS OF LEASE OF THIRD-CLASS LANDS.

1. Term of Lease.—Fifty years.

2. Rental.—The rental shall not be less than the given
   upset annual rental. All rentals shall be payable half-
   yearly, in advance, on the 1st day of January and the 1st
   day of July in each year.

Rent for the first half-year will be paid on the fall of the
hammer, but no rent will be demanded for the four years
immediately following the first half-year.

3. Improvements.—Lessees shall during the first five years
   of the term put substantial improvements of a permanent
   character to the value of 5s. per acre upon the land, and
   shall during the remainder of the term put such improve-
   ments to the additional value of £1 per acre upon the land.

4. Compensation for Improvements.—Compensation will be
   payable by the Native owners at the end of the term, the
   amount to be assessed by arbitration, but not to exceed £2
   per acre.

The other terms and conditions shall be the same as those
affecting second-class lands, with the exception of No. 7,
which is not applicable.

Full particulars and copies of the regulations may be ob-
tained from the Clerk of the Waiariki District Maori Land
Board at Rotorua.

JAS. W. BROWNE,
President, Waiariki District Maori Land Board.
Office of the Waiariki District Maori Land Board,
Rotorua, 1st April, 1910.

BANKRUPTCY NOTICES.

In Bankruptcy.—In the Supreme Court, holden at
Hamilton.

NOTICE is hereby given that ARTHUR HENRY STEELE,
of Waihi, Fruiterer, was this day adjudged bankrupt;
and I hereby summon a meeting of creditors, to be holden
at my office, on Friday, the 22nd day of April, 1910, at
11 a.m.

E. GÉRARD,
Official Assignee.
Auckland, 11th April, 1910.

In Bankruptcy.—In the Supreme Court, holden at
Hamilton.

NOTICE is hereby given that WILLIAM HENRY COLLETT,
of Six-mile Peg, near Te Kuiti, Labourer, was this
day adjudged bankrupt; and I hereby summon a meeting
of creditors, to be holden at the office of Messrs. Gillies and
Sharples, Te Kuiti, on Monday, the 25th day of April, 1910,
at 10 a.m.

E. GÉRARD,
Official Assignee.
Auckland, 15th April, 1910.

In Bankruptcy.—In the Supreme Court, holden at Napier.

NOTICE is hereby given that WILLIAM HERBERT BOOTH,
of Waipukurau, Engineer, was this day adjudged
bankrupt; and I hereby summon a meeting of creditors, to
be holden at the Courthouse, Napier, on Wednesday, the
13th day of April, 1910, at 10.30 o'clock.

K. N. H. BROWNE,
Deputy Official Assignee.
Napier, 4th April, 1910.

In Bankruptcy.—In the Supreme Court, holden at Napier.

NOTICE is hereby given that ALEXANDER SCOTT DUNCAN,
of Hastings, Contractor, was this day adjudged bank-
rupt; and I hereby summon a meeting of creditors, to be
holden at the Courthouse, Napier, on Wednesday, the 13th
day of April, 1910, at 2.30 o'clock.

K. N. H. BROWNE,
Deputy Official Assignee.
Napier, 5th April, 1910.

In Bankruptcy.—In the Supreme Court, holden at
Palmerston North.

NOTICE is hereby given that DAVID GYPSON MORGAN,
of Levin, Hairdresser and Tobacconist, was this day
adjudged bankrupt; and I hereby summon a meeting of
creditors, to be holden at the Courthouse, Levin, on Tuesday,
the 19th day of April, 1910, at 3 o'clock.

G. J. SCOTT,
Deputy Official Assignee.
Palmerston North, 15th April, 1910.