426
THE NEW ZEALAND GAZETTE.
[No. 11
must accompany the tender, and the balance be paid by seven
equal quarterly instalments, the first of which shall be paid
three months after the date of sale.
In addition, the successful tenderer shall continue to pay
such ground rent half-yearly in advance during the currency
of the license.
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 form the
   date of maturity to the date of payment.
2. The right 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 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 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.
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 the 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
   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, 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.
    Milling-timber for Sale by Public Tender.
    State Forest Service,
    Invercargill, 12th February, 1930.
    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, Invercargill,
    at 4 o'clock p.m., on Friday, the 28th day of February, 1930.
    SCHEDULE.
    OTAGO-SOUTHLAND FOREST-CONSERVATION REGION.-OTAGO
    LAND DISTRICT.
    All the milling-timber on the area, containing approximately
    279 acres, situated in Block XII, Rimu Survey District (Pro-
    visional State Forest No. 37), known as Sawmill Area No. 9,
    about five miles from Tahakopa Railway-station.
    The total estimated quantity in cubic feet is 289,889; in
    board feet, 1,919,100 ; made up as follows :-
    Species. Cubic Feet. Board Feet.
    Rimu ... 256,214 1,699,500
    Miro .... 33,675 219,600
    Total ... 289,889 1,919,100
    Upset price : £1,505.
    Ground rent : £13 19s. per annum.
    Time for removal of timber : Five years.
    Terms of Payment.
    A marked cheque for one-twelfth of the purchase-money,
    together with half-year's ground rent and £1 1s. (license fee)
    must accompany tender, and the balance be paid by eleven
    equal quarterly instalments ; the first payment to be made
    six months after the date of sale.
    In addition, the successful tenderer shall continue the pay-
    ment of such ground rent half-yearly in advance during the
    currency of the license.
    Terms and Conditions.
11. All instalment - payments shall be secured by "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.
12. 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.
13. 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.
14. 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.
15. 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.
16. Intending tenderers are expected to visit the locality
    and to satisfy themselves in every particular on all matters
    relative to the sale.
17. 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-
    mitted for sale subject to the final acceptance of the tender
    by the Commissioner of State Forests.
18. 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.
19. If no tender is accepted for the timber herein mentioned
    it will remain open for application at the upset price until
    further notice.
20. 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, Invercargill,"
    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.
    S. A. C. DARBY, Conservator of Forests.