3594
THE NEW ZEALAND GAZETTE.
[No. 88

Terms: One-fifth in cash within fourteen days after acceptance of tender, one fifth in seven months, one-fifth in fourteen months, one-fifth in twenty-one months, and one-fifth in twenty-eight months thereafter.

95 faulty trees, branded F^R, not included in this sale.

BAY OF ISLANDS COUNTY.

Lot 2.

Part Blocks I and II, Omapere Survey District.—Lot 1, Puketi Forest.
(National Endowment.)

532 green kauri-trees, containing approximately 1,132,432 sup. feet (standing measurement).
Distinguishing brand, thus: I.
Time for removal: Two years.
Upset price: 2s. 6d. per 100 sup. feet.
Terms: One-third in cash within fourteen days after acceptance of tender, one-third in eight months, and one-third in sixteen months thereafter.

18 faulty and undersized trees, branded F^R, not included in this sale.

Lot 3.

Part Block I, Omapere Survey District.—Lot 2, Puketi Forest.
(National Endowment.)

973 green kauri-trees, containing approximately 1,866,608 sup. feet (standing measurement).
Distinguishing brand, thus: II.
Time for removal: Two years.
Upset price: 2s. 6d. per 100 sup. feet.
Terms: One-third in cash within fourteen days after acceptance of tender, one-third in eight months, and one-third in sixteen months thereafter.

30 faulty and undersized trees, branded F^R, not included in this sale.

HOKIANGA COUNTY.

Lot 4.

Part Block XIII, Kaeo Survey District.—Lot 3, Puketi Forest.
(National Endowment.)

1,621 green and 27 dry kauri-trees, containing approximately 3,797,862 sup. feet (standing measurement).
Distinguishing brand, thus: III.
Time for removal: Three years.
Upset price: 2s. 6d. per 100 sup. feet.
Terms: One-fifth in cash within fourteen days after acceptance of tender, one-fifth in seven months, one-fifth in fourteen months, one-fifth in twenty-one months, and one-fifth in twenty-eight months thereafter.

30 faulty and undersized trees, branded F^R, not included in this sale.

Lot 5.

Part Block XIII, Kaeo Survey District.—Lot 18, Omahuta Forest.
(State Forest.)

874 green kauri-trees, containing approximately 1,612,500 sup. feet (standing measurement).
Distinguishing brand, thus: I.
Time for removal: Two years.
Upset price: 2s. 6d. per 100 sup. ft.
Terms: One-third in cash within fourteen days after acceptance of tender, one-third in eight months, and one-third in sixteen months thereafter.

24 faulty and undersized trees, branded F^R, not included in this sale.

HOBSON COUNTY.

Lot 6.

Crown Land, Part Block III, Kaihu Survey District.
(Kaihu Watershed.)

93 green and 7 dry kauri-trees, containing approximately 382,688 sup. feet (standing measurement).
Distinguishing brand, thus: X.
Time for removal: One year.
Upset price: 2s. per 100 sup. feet.
Terms: Cash within fourteen days after acceptance of tender.

Lot 7.

Crown Land, Part Block IV, Kaihu Survey District.

8 kauri-trees, containing approximately 6,332 sup. feet (standing measurement); 723 rimu-trees, containing approximately 525,987 sup. feet (standing measurement); 2,898 kahikatea-trees, containing approximately 3,743,656 sup. feet (standing measurement).

Distinguishing brands, thus: I, II, and V F^.
Time for removal: Three years.
Upset prices: Kauri, 1s.; rimu and kahikatea, 6d. per 100 sup. feet.
Terms: One-fifth in cash within fourteen days after acceptance of tender, one-fifth in seven months, one-fifth in fourteen months, one-fifth in twenty-one months, and one-fifth in twenty-eight months thereafter.

19 rimu and 97 kahikatea trees (defective), branded F.R., not included in this sale; also 374 totara and 169 matai trees, branded F.R., reserved for settlement purposes.

Lot 8.

Crown Land, Part Block XVI, Tutamoe Survey District, and Block IV, Kaihu Survey District.
(Tangowahine Watershed.)

169 green and dry kauri-trees, containing approximately 429,936 sup. feet (standing measurement).
Distinguishing brand, thus: V.
Time for removal: One year.
Upset price: 2s. per 100 sup. feet.
Terms: Cash within fourteen days after acceptance of tender.

20 faulty and undersized trees, branded F.R., not included in this sale.

CONDITIONS.

1. Intending tenderers are expected to visit the locality and to satisfy themselves in every particular on all matters relating to their tenders.

2. The aforementioned quantities, qualities, and kind as to the said timber shall be taken as sufficiently accurate for the purpose of this sale, and no contract for purchase shall be voidable, nor shall the successful tenderer be entitled to any abatement in price, by reason of the said timber being in less quantity, quality, and kind than as stated herein or in any advertisement having reference to the said timber, nor shall any extra sum be claimed by the Crown if for any reason the quantity of timber is found to be in excess of that stated herein.

3. No tender will be considered wherein a less royalty is offered than the upset prices as stated in terms of each lot.

4. All timber on each lot, whether standing, felled, or in logs, shall remain the property of the Crown until all the instalments are paid.

5. Offers from the successful tenderers will be considered for the purchase of the undersized and defective timber mentioned herein.

6. In all lots the quantities stated are standing measurements, and only those trees bearing the special distinguishing brand shown in each lot are included in this sale.

7. Should any dispute arise as to boundaries, the decision of the Commissioner of Crown Lands shall be final.

8. In the event of any of the above lots not being disposed of, applications may be received and dealt with at any time within six months from the above date of closing of tenders (unless previously formally withdrawn), providing, however, that the amount offered is not less than the upset prices stated herein.

9. No extension of time for removal of timber will be allowed successful tenderers who bleed, or permit bleeding of, kauri-trees included in this sale, unless full payment of purchase-money is first made.

10. All tenders must be submitted on forms which will be supplied on application to the above office, and envelopes enclosing same to be marked “Tender for Timber,” and addressed to the Commissioner of Crown Lands, Auckland.

11. In lots where terms of payment may have been arranged, any breach of the foregoing conditions of sale will render the “on demand” promissory notes liable to be presented for immediate payment.

12. The highest or any tender not necessarily accepted.

TERMS.

Separate tenders for the various lots of timber must be accompanied by a deposit of 5 per cent. on the amount of tender, in cash, marked cheque, or post-office order; the balance to be paid, if tender accepted, as specified in the terms of each lot, together with the timber-cutting license fee of £1 1s.

All such instalment payments shall bear interest at the rate of 5 per cent. per annum as from the date of acceptance of tender, and, with the interest added, shall be secured by “on demand” promissory notes made and indorsed to the satisfaction of the Commissioner of Crown Lands.

ERIC C. GOLD SMITH,
Commissioner of Crown Lands.