Dec. 2.] THE NEW ZEALAND GAZETTE. 3361

Lot 2.

All the milling-timber on that parcel of land, containing approximately 501 acres, excluding Lake Rotohokahoka, situated about six miles and a quarter from Mamaku in Block VI, Horohoro Survey District (parts of Provisional State Forests Nos. 24 and 31). The estimated quantity of timber in feet, board measure, is 4,281,228, or in cubic feet, 618,908, made up as follows :—

Species. Cubic Feet. Board Feet.
Rimu .. .. 575,122 3,983,399
Miro .. .. 27,845 186,328
Kahikatea.. .. 12,502 87,507
Matai .. .. 3,439 23,994
———— ————
618,908 4,281,228

Upset price : £6,514.
Annual ground rent : £25 1s.
Time for removal of timber : Two years and a half.

Lot 3.

All the milling-timber on that parcel of land, containing approximately 333 acres, situated seven miles from Mamaku, in Block VI, Horohoro Survey District (part of Provisional State Forest No. 31). The estimated quantity of timber in feet, board measure, is 2,679,491, or in cubic feet, 387,535, made up as follows :—

Species. Cubic Feet. Board Feet.
Rimu .. .. 319,831 2,210,961
Miro .. .. 31,013 211,889
Kahikatea.. .. 28,919 202,454
Matai .. .. 3,641 24,955
Totara .. .. 4,131 29,232
———— ————
387,535 2,679,491

Upset price : £4,122.
Annual ground rent : £16 13s.
Time for removal of timber : Two years.

Lot 4.

All the milling-timber on that parcel of land, containing approximately 443 acres, situated seven miles and a half from Mamaku in Blocks V and VI, Horohoro Survey District (part of Provisional State Forest No. 31). The estimated quantity of timber in feet, board measure, is 4,569,829, or in cubic feet, 655,094, made up as follows :—

Species. Cubic Feet. Board Feet.
Rimu .. .. 579,503 4,030,591
Miro .. .. 27,850 186,685
Kahikatea.. .. 36,640 276,091
Matai .. .. 9,458 65,170
Totara .. .. 1,643 11,292
———— ————
655,094 4,569,829

Upset price, £6,996.
Annual ground rent : £22 3s.
Time for removal of timber : Three years.
Tenderers have the option of tendering for any single lot or for Lots 1 and 2 or Lots 3 and 4 together.
Time for the removal of timber from two lots, five years.

Terms of Payments.

Lot 1.—A marked cheque for one-ninth of the tendered price, together with a half year’s ground rent and £1 1s. license fee, plus exchange, must accompany the tender, and the balance be paid by seven equal quarterly instalments, the first of which shall be paid six months after the date of sale.
Lot 2.—A marked cheque for one-ninth of the tendered price, together with a half year’s ground rent and £1 1s. license fee, plus exchange, must accompany the tender, and the balance be paid by seven equal quarterly instalments, the first of which shall be paid six months after the date of sale.
Lot 3.—A marked cheque for one-seventh of the tendered price, together with a half year’s ground rent and £1 1s. license fee, plus exchange, must accompany the tender, and the balance be paid by five equal quarterly instalments, the first of which shall be paid six months after the date of sale.
Lot 4.—A marked cheque for one-eleventh of the tendered price, together with a half years’ ground rent and £1 1s. license fee, plus exchange, must accompany the tender, and the balance be paid by nine equal quarterly instalments, the first of which shall be paid six months after the date of sale.
Lots 1 and 2 combined or Lots 3 and 4 combined.—A marked cheque for one-nineteenth of the tendered price, together with a half year’s ground rent and £1 1s. license fee, plus exchange, must accompany the tender, and the balance be paid by seventeen equal quarterly instalments, the first of which shall be paid six months after the date of sale.

Terms of Sale.

1. All instalment-payments shall be secured by “on demand” promissory notes made and endorsed to the satisfaction of the Commissioner of State Forests, and interest at the rate of 1 per cent. per annum in excess of current bank overdraft rates will be charged on all notes overdue from the date of maturity to the date of payment.
2. In addition the successful tenderer shall continue to pay ground rent half-yearly in advance during the currency of the license.
3. The right to cut and remove the timber will be sold in accordance with the provisions of the Forests Act, 1921–22, the regulations in force thereunder, and these conditions.
4. The attention of all tenderers is drawn to the fact that the local controlling body may require the successful tenderer to pay any claims or charges which may be made by that body for the maintenance of the road over which the timber may be transported, and before a sawmill license is issued a letter indicating that satisfactory arrangements have been made in this connection must be produced to the undersigned.
5. The above-mentioned quantities, qualities, and kinds as to the said timber shall be taken as sufficiently accurate for the purposes of this sale, and no contract for the purchase shall be voidable, nor shall the successful purchaser be entitled to any abatement in price, by reason of the said timber being of less quantity, quality, or kind than as stated herein or in any advertisement having reference to the said timber.
6. Intending tenderers are expected to visit the locality and to satisfy themselves in every particular on all matters relative to the sale.
7. Each tenderer must state the total price that he is prepared to pay for each species. The highest or any tender will not necessarily be accepted, and the timber described is submitted for sale subject to the final acceptance of the tender by the Commissioner of State Forests.
8. The right is reserved to the Commissioner of State Forests to withdraw from sale any or all of the said timber either before or after the closing date for receipt of tenders.
9. If no tender is accepted for the timber herein mentioned it will remain open for application at the upset price until further notice.
10. Tenders should be on the special form obtainable from any office of the State Forest Service, and should be enclosed in envelopes addressed “Conservator of Forests, Rotorua,” and endorsed “Tender for Timber.”

The conditions which will be inserted in the license to be issued to the purchaser, and further particulars, may be obtained on application to the undersigned or to the Director of Forestry, Wellington.

W. T. MORRISON, Conservator of Forests.

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BANKRUPTCY NOTICES.

In the Supreme Court of New Zealand,
Northern District.

In the matter of the Administration Act, 1908; and in the matter of the estate of FRANK VICTOR RAYMOND, late of Auckland, in New Zealand, Retired Solicitor (deceased).

I HEREBY give notice that, by an Order of the Supreme Court, Auckland, dated the 18th November, 1926, I was appointed administrator of the estate of the above-named FRANK VICTOR RAYMOND, and I hereby call a meeting of creditors to be held at my office on Wednesday, the 8th day of December, 1926, at 11 a.m.

All claims against the above estate must be lodged with me on or before the 26th day of January, 1927.

G. N. MORRIS,
Administrator.

Wright’s Buildings, Fort Street,
Auckland, 27th November, 1926.

D