MAR. 13.] THE NEW ZEALAND GAZETTE. 855

FIRST SCHEDULE.
MAUIHAKONA BLOCK.

SECOND SCHEDULE.
CONDITIONS OF SALE.

1. The lands are offered at the upset prices shown opposite to each section described in the First Schedule hereto. The terms of the contract for sale of the lands being sold are summarized in clause 10 hereof.

2. The highest bidder shall be the purchaser of each lot. In the event of any lots not being disposed of at first offering, the Board may put any of them up again either separately or in groups. Any lot not disposed of at the auction sale shall remain open for selection at the upset price.

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

4. Each purchaser, immediately after the sale, shall sign an agreement hereon to complete his contract for purchase according to these conditions, and shall pay to the Board’s representative a fee of £3 3s. for the preparation of his contract of purchase, together with the cost of stamping and registering the same. The contract of sale will be prepared by the Board. One or more sections may, at the option of the purchaser, be included in one contract of sale.

5. The successful bidder will be required, within fourteen days from the date on which the contract of sale shall be tendered to him by the Board for execution, to sign same in triplicate. In the event of his failure to do so, the Board may forfeit the purchase-money paid by him, and again offer the land for sale at the upset price, 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 Board reserves the right to withdraw from sale any lot or lots at any time prior to the auction.

8. The purchaser shall be required, before obtaining his contract of sale, to make a declaration as required by Part XII of the Native Land Act, 1909, that he is not the owner or occupier of 3,000 acres of third-class land or its equivalent in other classes of land.

9. The lands are offered under the Native Land Act, 1909, and the regulations made thereunder, and purchasers shall be deemed to be acquainted with the provisions thereof, and be bound thereby as effectually as if such provisions were embodied herein.

SUMMARY OF CONDITIONS OF CONTRACT OF PURCHASE.

10. (a.) The purchaser shall, immediately after the sale, pay to the representative of the Board a sum equal to 10 per cent. of the purchase-money as part payment thereof. The balance of the purchase-money to be paid in fifteen equal half-yearly instalments, the first of such instalments being payable on 1st July, 1913, the balance in seven years.

(b.) The purchaser may at any prior time pay off the whole of the balance of the purchase-money at any half-yearly period without notice.

(c.) The purchaser to pay interest on unpaid purchase-money at the rate of 5 per cent. per annum. Interest to be payable on the 1st July and 1st January of each year, and to run from the signing of the contract of sale or date when possession given.

(d.) Purchaser shall, at the end of seven years, upon payment of balance of purchase-money, be entitled to a transfer of the fee-simple of the land.

(e.) A copy of contract for sale can be inspected at the office of the auctioneer and at the Board’s office, Native Department, Wellington.

TRAINS TO AND FROM WALLACEVILLE.

Lambton—Depart: 7.8 a.m., 9.4 a.m., 10 a.m., 12.15 p.m. (Saturday only), 1.20 p.m., 2.10 p.m. (daily except Saturday), 4.15 p.m., 5.12 p.m. (daily except Saturday), 6.14 p.m.

Wallaceville—Depart: 6.25 a.m., 7.50 a.m., 8.40 a.m., 10.47 a.m., 12.55 p.m., 3.11 p.m., 4.47 p.m., 5.15 p.m. (Saturday only), 6.40 p.m.

Fares—First-class return .. .. 3s. 3d.
Second-class return .. .. 2s. 0d.

LOCALITY AND DESCRIPTION.

These sections are all perfectly flat, and close to the Wallaceville Railway-station, on the Wellington and Masterton Railway-line, about twenty miles from Wellington, within a few minutes’ walk of the centre of the Township of Wallaceville, and convenient to the State school, post and telegraph offices, &c.

The lands are described for the general information of intending purchasers, who are recommended, nevertheless, to make a personal inspection, as the Board is not responsible for the absolute accuracy of any description.

Full particulars may be ascertained and plans obtained from the auctioneers, Messrs. A. L. Wilson and Co., at their land-sale rooms, 26 Brandon Street, Wellington, or at this office.

C. T. H. BROWN,
President, Ikaroa District Maori Land Board.

BANKRUPTCY NOTICES.

In Bankruptcy.

NOTICE is hereby given that dividends are now payable in the undermentioned estates on all proved claims. Promissory notes (if any) to be produced for indorsement prior to receiving dividends.

Fairs, N. C., of Whakatane, Saddler: Second and final, 1s. 6d. in the pound.

Owen, S. R., of Parua Bay, Storekeeper: Second, 3s. 4d. in the pound.

Peek, T. G., of Ellerslie, Builder: First and final, 3s. 10½d. in the pound.

Peek, T. G., of Ellerslie, Builder: Supplementary, 4½d. in the pound.

Phillips, H. (Barnett and Co.), of Auckland, Butchers: First and final, 5s. 4d. in the pound.

Saulbrey, T. L., of Aratapu, Baker: First, 5s. in the pound.

Ward, J. G., of Kawhia, Butter-factory Proprietor: First and final, 20s. in the pound.

W. S. FISHER,
Official Assignee.

Auckland, 1st March, 1913.