at the rate of 1 per cent. per annum in excess of current
bank overdraft rates will be charged if the note is overdue
from the date of maturity to the date of payment.

2. 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.

3. 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.

4. The aforementioned qualities, quantities, 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 en-
   titled to any abatement in price, by reason of the said timber
   being of less quantity, quality, or kind as stated herein or in
   any advertisement having reference to the said timber.

5. A return, verified by affidavit, giving the number of
   logs cut of each species and their contents must be made
   quarterly by the licensee on the last days of March, June,
   September, and December respectively in each year. A
   return, similarly verified, must be made on the same dates
   showing the output of sawn timber of each species. These
   returns may be ascertained and verified by inspection of the
   books of the mill, or by such other means as the Conservator
   may require, and for this purpose the accounts and books
   shall be open to the inspection of the Conservator, a Forest
   Ranger, or other duly authorized officer.

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 pre-
   pared to pay for each species. The highest or any tender will
   not necessarily be accepted, and the timber described is sub-
   mited 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, Palmerston
    North," 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 ob-
tained on application to the undersigned or to the Director
of Forestry, Wellington.

D. MACPHERSON, Conservator of Forests.

Milling-timber for Sale by Public Tender.

State Forest Service,

Palmerston North, 19th September, 1928.

NOTICE is hereby given that written tenders for the
purchase of the undermentioned milling-timber will
close at the office of the State Forest Service, Palmerston
North, at 4 o'clock p.m., on Friday, 19th October, 1928.

SCHEDULE.

WELLINGTON FOREST - CONSERVATION REGION, WELLINGTON
LAND DISTRICT.

ALL that milling-timber on that area, containing approxi-
mately 353 acres, situated in Block VIII, Tongariro Survey
District (Provisional State Forest No. 67 and State Forest
No. 42), close to Erua Railway-station.

The total estimated quantity in cubic feet is 732,414 or in
board feet 4,845,000, made up as follows :

Species.
Rimu .. .. .. 399,023 2,689,100
Miro .. .. .. 107,231 672,700
Kahikatea .. .. 18,158 125,600
Matai .. .. .. 161,225 1,044,800
Totara .. .. .. 46,777 312,800

Totals .. .. 732,414 4,845,000

Upset price : £8,900.
Ground rent : £17 13s. per annum.
Time for removal of timber : Four years and a half.

Terms of Payment.

A marked cheque for one-thirteenth of the price tendered,
together with half-year's ground rent and £1 ls. (license fee),
must accompany the tender, and the balance be paid by
twelve equal quarterly instalments, the first of which shall be
paid six months after the date of sale.

In addition, the successful tenderer shall continue to pay
ground rent half-yearly in advance during the currency of
the license.

Terms of Sale.

1. All instalment-payments shall be secured by an "on
   demand" promissory notes made and endorsed to the satis-
   faction 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. 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.

3. 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.

4. The above-mentioned qualities, quantities, 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 en-
   titled to any abatement in price, by reason of the said timber
   being of less quantity, quality, or kind as stated herein or in
   any advertisement having reference to the said timber.

5. A return, verified by affidavit, giving the number of
   logs cut of each species and their contents must be made
   quarterly by the licensee on the last days of March, June,
   September, and December, respectively, in each year. A
   return, similarly verified, must be made on the same dates
   showing the output of sawn timber of each species. These
   returns may be ascertained and verified by inspection of the
   books of the mill, or by such other means as the Conservator
   may require, and for this purpose the accounts and books
   shall be open to the inspection of the Conservator, a Forest
   Ranger, or other duly authorized officer.

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 pre-
   pared to pay for each species. The highest or any tender will
   not necessarily be accepted, and the timber described is sub-
   mited 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, Palmerston
    North," 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.

D. MACPHERSON, Conservator of Forests.