at first offering, the Board may put any of them up again either separately or in groups. Any lots not disposed of at the auction sale shall remain open for selection at the upset rental.

3. In the event of any disputed bid, the lot in dispute may be put up again at the last undisputed bid.

4. The purchaser of a lease immediately after the sale shall sign an agreement hereon to complete his lease according to these conditions, and shall pay to the Board's representative a half-year's rent at the rate bid by him, together with a fee of £3 18s. to cover the cost of preparation, stamping, and registration of his lease. The lease will be prepared by the Board. One or more sections may, at the option of the lessee, be included in one lease.

5. The successful bidder will be required, within fourteen days from the date on which the lease shall be tendered to him by the Board for execution, sign the lease in triplicate. In the event of his failure to do so, the Board may forfeit the rent and lease fee paid by him, and again offer the lease for sale at the upset rent, freed from any obligations to the defaulting purchaser.

6. The bidding shall be advanced by such sum as the auctioneer may agree to accept, and no bidding shall be retracted.

7. The purchaser of a lease of any lot on which a valuation for improvements is payable, being the amount set opposite such lot in the seventh column of the First Schedule hereto, shall pay the amount of such valuation to the Board before obtaining his lease. The Board may forego this provision in the event of the purchaser being the person recognized by the Board as having an equitable claim to such improvements, or in the event of the person recognized by the Board as being the equitable owner of such improvements removing the same within one month from the date of sale.

Nothing in this clause shall operate or be construed as conferring on any present occupier a right to set up title as against the Board or any lessee of the Board.

No occupier or any other person shall, unless the section now in occupation by him is leased within one month from the date of sale, have any right to any improvements thereon.

CONDITIONS OF LEASE (ABRIDGED).

8. The term of the lease shall be twenty-three years from 1st July, 1911, at the rent bid, with a right of renewal for one further term of twenty-three years at a rental assessed at five per centum on the unimproved value of the land at the time of renewal, such valuation in the event of dispute to be determined by arbitration. Compensation for substantial improvements shall be allowed to the lessee at the expiration of the second term of the lease, as provided in section 263 of the Native Land Act, 1909.

9. (a.) Rent shall be payable half-yearly in advance.
   (b.) Lessee will not assign the lease without the consent of the Board.
   (c.) Lessee will cultivate the land in a husbandlike manner and keep the land free of noxious weeds.
   (d.) Lessee will keep fences and buildings in repair.
   (e.) The lessee will fence, without any right of resort to the Board for contribution on account of the Board owning or occupying adjacent land; but this provision shall not deprive the lessee of any rights he may have against any subsequent occupier (other than the Board) of such adjacent land.
   (f.) The lease of Section 6, Block VI, and Sections 5, 6, 8, 9, and 10, Block V, shall be subject to the right of the Board or its lessee or agents to use and occupy the tramway running through the said sections (subject to the conditions now affecting the users of the said tramway) so long as it shall be required for the transmission of timber or logs or any kindred purpose.
   (g.) The lessee and his assigns must make the declaration required from a lessee of Native land that he is not the owner or occupier of 3,000 acres of third-class land, or its equivalent in other classes of land.
   (h.) A copy of the lease can be inspected at the post-offices, Ohakune East, Ohakune West, and Raetihi, at the office of the Under-Secretary, Native Department, Wellington, and at the Board's office, Wanganui.

J. B. JACK,
President.
Aotea Maori Land Board Office,
Wanganui, 17th May, 1911.

BANKRUPTCY NOTICES.

In Bankruptcy.—In the Supreme Court, helden at Auckland.

NOTICE is hereby given that WALTER WILFRED POVEY, of Waihopo, Storekeeper, was this day adjudged bankrupt; and I hereby summon a meeting of creditors, to be holden at my office, on Monday, the 19th day of June, 1911, at 11 a.m.

W. S. FISHER,
Official Assignee.
Auckland, 8th June, 1911.

In Bankruptcy.

In the estate of J. J. PATTERSON, of Dannevirke, Solicitor, trading as "Wylie and Co.," and Sawmiller, a bankrupt.

NOTICE is hereby given that a second dividend of 1s. 6d. in the pound on all accepted and proved claims is now payable at my office, High Street, Dannevirke. Promissory notes must be presented for indorsement.

NORMAN L. GURR,
Deputy Official Assignee.
Dannevirke, 6th June, 1911.

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

NOTICE is hereby given that JOHN FRANCIS McGovern, of Trentham, near Wellington, Dental Surgeon, was this day adjudged bankrupt; and I hereby summon a meeting of creditors, to be holden at my office, Public Trust Buildings, on Wednesday, the 21st day of June, 1911, at 11 o'clock a.m.

A. SIMPSON,
Official Assignee.
Wellington, 10th June, 1911.

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

NOTICE is hereby given that ARCHIBALD ROBERT JAMES Keir, of Feilding, Motor Employee (formerly of Petone, Cycle Agent), was this day adjudged bankrupt; and I hereby summon a meeting of creditors, to be holden at my office, Public Trust Buildings, on Friday, the 23rd day of June, 1911, at 11 o'clock a.m.

A. SIMPSON,
Official Assignee.
Wellington, 10th June, 1911.

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

NOTICE is hereby given that EMANUEL WHITE, of Palmerston North, Farmer, was this day adjudged bankrupt; and I hereby summon a meeting of creditors, to be holden at my office, on Friday, the 16th day of June, 1911, at 2.30 o'clock.

G. J. SCOTT,
Deputy Official Assignee.
Palmerston North, 7th June, 1911.

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

NOTICE is hereby given that JAMES CURTIN, of Ru-nanga, Miner, was this day adjudged bankrupt; and I hereby summon a meeting of creditors, to be holden at my office, on Friday, the 16th day of June, 1911, at 11.30 o'clock a.m.

C. W. COOKE,
Deputy Official Assignee.
8th June, 1911.

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

NOTICE is hereby given that FREDERICK ARTHUR Boyes, of Stafford, Mine-manager, was this day adjudged bankrupt; and I hereby summon a meeting of creditors, to be holden at my office, on Monday, the 19th day of June, 1911, at 2 o'clock.

J. BEVAN,
Deputy Official Assignee.
2nd June, 1911.

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

NOTICE is hereby given that FREDERICK CRUMP, of Halkett, Farmer, was this day adjudged bankrupt; and I hereby summon a meeting of creditors, to be holden at my office, on Friday, the 16th day of June, 1911, at 11 o'clock in the forenoon.

J. EVANS,
Official Assignee.
9th June, 1911.