1968
THE NEW ZEALAND GAZETTE.
[No. 49

appears, that the timber on the said area is being improperly cut, or for any other reason, the said President may, by notice in writing to the licensee, suspend his license pending investigation, and the President may cancel such license if it is found that the conditions herein have been infringed, without prejudice to any proceeding for damage done, recovery of amounts due on promissory notes, or otherwise.

8. It shall be unlawful for the licensee to transfer, assign, or in any way dispose of his license, or of the timber, or of his interest therein, to any other person until after the expiration of two years from the date at which the tender was accepted: Provided, however, that where the licensee proposes to sell the timber with his mill, plant, and appliances in their entirety, he may do so with the written approval of the President first obtained; and in such case the license may be transferred accordingly on payment of a fee of £1 1s. to the said Maori Land Board. Such approval may be given or refused in the discretion of the Board.

9. No bleeding of kauri-trees included in this sale will be permitted without the express written consent of the said Maori Land Board.

10. A license will be issued in due course, subject to the foregoing conditions.

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and dealt with at any time within three months from the above date of closing tenders (unless previously formally withdrawn); providing, however, that the amount is not less than the upset prices stated herein.

12. Tenders must be submitted on forms which will be supplied on application, and envelopes enclosing the same to be marked “Tender for Timber,” and addressed to the President of the Tokerau District Maori Land Board, Auckland, New Zealand.

13. The highest or any tender not necessarily accepted.

14. All puriri timber on the land is reserved from sale.

TERMS.

The timber will be offered in two lots, and tenders 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 under:—

1. Payment for timber shall be made by the successful tenderer either wholly in cash on acceptance of tender, or partly in cash and partly in instalments as follows: One-third in cash within fourteen days after date of notice of acceptance of tender (the deposit of the successful tenderer will be retained as part-payment of this), together with £1 1s. license fee, and one-third within one year, and the balance within two years from date of acceptance of tender.

2. All such instalments shall bear interest at the rate of 5 per cent. per annum as from the date of acceptance of tender, and, with the interest, shall be secured by promissory notes payable on demand, and made and indorsed by two or more indorsers, as required by and to the satisfaction of the President of the Tokerau District Maori Land Board.

3. In case where payment is to be made by instalments, the following special provisions shall apply:—

(1.) The property in all timber, whether standing, felled, or in logs, shall remain the property of the Tokerau Maori Land Board until all the instalments are paid.

(2.) The value of the timber cut shall at no time exceed the total amount actually paid.

(3.) In any case where the President is satisfied that timber has been cut in excess of limit fixed by the last preceding paragraph he shall appraise the quantity and value of timber so cut in excess, and demand payment from the licensee of the amount of such appraisement. The amount paid shall be in or toward satisfaction of the accruing instalments in the order in which they accrue due, and shall accordingly be credited to the same, as also the promissory notes securing the same. In default of payment of such amount for the space of fourteen days, the whole of the unpaid instalments shall be payable forthwith, and payment may be enforced accordingly.

Deposits of unsuccessful tenderers will be returned.

WALTER DINNIE,
President, Tokerau District Maori Land Board.

Maori Lands for Leasing by Public Auction.

NOTICE is hereby given, in terms of the Native Land Act, 1909, and the regulations thereunder, that the lands described in the First Schedule hereto will be offered for leasing by public auction by the Aotea District Maori Land Board, at Gamman’s Hall, Ohakune, on Tuesday, 27th June, 1911, at 2 p.m., on the terms and conditions set out in the Second Schedule hereto.

FIRST SCHEDULE.

WAIMARINO COUNTY.—MAKOTUKU SURVEY DISTRICT (WELLINGTON).

PART of Raetihi 4b Block, situate in Block IV, Makotuku Survey District, between Ohakune Township and the Ohakune Railway-station. All the sections have been partly cleared and burnt, and, where burnt, have been sown with English grasses this autumn. The areas in each section are approximate, and liable to alteration on final completion of plan. The Ohakune-Horopito Road and the Station Road are formed and metalled. The Board is about to form the Tuatini, Tohanga, and River Roads. The Board will cut a drain from the swamp in Block VII across Tohanga Road to the Mangawhero River.

• Reserved for Native uses.

SECOND SCHEDULE.

CONDITIONS OF SALE.

1. The leases are offered at the upset rentals shown opposite to each section described in the First Schedule hereto.

2. The highest bidder shall be the purchaser of the lease of each lot. In the event of any lots not being disposed of