772
THE NEW ZEALAND GAZETTE.
[No. 18

table of repayments, except that the balance of purchase-money outstanding at the end of the twentieth year shall become payable in one sum on the next following half-yearly date.

ABSTRACT OF CONDITIONS OF SALE.

Cash.

One-fifth of the purchase-money to be paid on the fall of the hammer, and the remaining four-fifths, together with Crown-grant fee of £1, within thirty days thereafter.

Cash by Instalments.

(a) Ten per cent. of the purchase-money, and license fee of £1 1s., on the fall of the hammer.
(b) Ten per cent. thereof on the expiration of each of the following periods from the date of sale—namely, three months, six months, nine months, and twelve months.
(c) The balance of 50 per cent. on the expiration of eighteen months from the date of sale.
(d) Interest on the unpaid balance of purchase-money to be payable with each instalment, and to be computed at the rate of 5½ per cent. per annum.

Special Deferred Payments.

(a) Five per cent. of purchase-money, together with £1 1s. (license fee), to be paid on the fall of the hammer.
(b) The balance of the purchase-money, with interest thereon at the rate of 5½ per cent. per annum, to be paid by instalments extending over a period of 34½ years.
(c) In addition to the prescribed half-yearly instalment the purchaser may, on making any such payment, pay any sum or sums, not less than £5 or multiple of £5, in reduction of the purchase-money.
(d) Upon receipt of the final instalment a certificate of title in respect of the land purchased shall issue, upon payment of the prescribed Crown-grant fee.

If the purchaser fails to make any of the prescribed payments by due date, whether of purchase-money or interest, the amount (if any) already paid shall be forfeited and the contract for the sale be null and void.

It shall not be lawful for any person to acquire more than two allotments of land, subject to the provisions of the Hutt Valley Lands Settlement Act, 1925, under the system of deferred payments providing for repayment of purchase-money in 34½ years, and where any person so acquires two allotments, such allotments shall be contiguous.

Except on the recommendation of the Land Board and with the approval of the Minister of Lands, it shall not be lawful for any lessee or licensee of land subject to the provisions of the Hutt Valley Lands Settlement Act, 1925, to transfer his interest in such land before the expiration of ten years from the date of the original disposal of the land under the aforesaid Act.

Titles will be subject to section 85 of the Land for Settlements Act, 1925.

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

Sale plans and full particulars may be obtained at this office.

H. W. C. MACKINTOSH,
Commissioner of Crown Lands.

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Land in Taranaki Land District for Selection on Renewable Lease.

District Lands and Survey Office,
New Plymouth, 11th March, 1930.

NOTICE is hereby given that the undermentioned section is open for selection on renewable lease under the Land Act, 1824; and applications will be received at the District Lands and Survey Office, New Plymouth, up to 4 o’clock p.m. on Monday, 14th April, 1930.

Applicants must appear personally before the Land Board for examination at the District Lands and Survey Office, New Plymouth, on Tuesday, 15th April, 1930, at 10 o’clock a.m., but if any applicant so desires, he may be examined by the Land Board of any other district.

The ballot will be held at the conclusion of the examination of applicants.

Preference at the ballot will be given to landless applicants who have one or more children dependent on them; to landless applicants who, within two years immediately preceding date of ballot, have applied for land at least twice unsuccessfully; to applicants who have served beyond New Zealand as members of the Expeditionary Force; to persons engaged on military service beyond New Zealand in connection with the late war, if such persons immediately prior to the war were bona fide residents of New Zealand; to applicants who, while domiciled in New Zealand, have served beyond New Zealand as members of any of His Majesty’s Forces in connection with any war other than the war with Germany; and to landless applicants in respect of whom the Board, after taking into consideration the experience and skill of the applicants in farming operations, the proximity of their homes to the lands the subject-matter of the ballot, and any other relevant considerations, is of opinion that they should be entitled to preference equally with applicants of any of the hereinbefore specified classes.

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SCHEDULE.

TARANAKI LAND DISTRICT.—STRATFORD COUNTY.—FIRST CLASS LAND.

Omona Survey District and Mangaehu Suburban District.

Sections 25 and part 12, Block II, Omona Survey District, and Sections 28, 29, 32, and 34, Mangaehu Suburban District: Area, 239 acres 0 roods 32·2 perches. Capital value: £700. Half-yearly rent: £14.

Loading for improvements, £1,850, of which a deposit of £150 is payable; the balance to be secured by a long-term instalment mortgage with interest at 5 per cent. to a discharged soldier and 5½ per cent. to a civilian.

Improvements comprise house, wool-shed, cow-shed, yards, bridge, 51 acres stumped (mostly in grass), 188 acres felled and grassed, and 380 chains fencing.

A mixed farm on the Tututawa Road, seventeen miles from Stratford, and comprising 70–80 acres ploughable, ground flat to undulating, the balance being grazing country. Soil warm loam on sandstone; well watered.

Special conditions.—The successful applicant will be required to take a lease over Section 14, Mangaehu Village: Area, 1 rood. Present annual rental, 5s. The lease is for a term of fourteen years under the Public Reserves and Domains Act, and the present term will expire on the 31st December, 1930.

ABSTRACT OF CONDITIONS OF LEASE.

1. Term of lease, sixty-six years, with a perpetual right of renewal for further successive terms of sixty-six years.
2. Rent, 4 per cent. per annum on the capital value, payable on 1st January and 1st July in each year.
3. Applicants to be seventeen years of age and upwards.
4. Applicants to furnish statutory declaration with applications, and, on being declared successful, deposit £1 1s. (lease fee) and a half-year’s rent. Rent for the broken period between date of lease and 1st January or 1st July following is also payable.
5. Applications made on the same day are deemed to be simultaneous.
6. Order of selection is decided by ballot.
7. Successful applicant to execute lease within thirty days after being notified that it is ready for signature.
8. Residence is to commence within four years in bush land or swamp land, and within one year in open or partly open land, and to be continuous for ten years. Under certain conditions personal residence may be dispensed with.
9. Improvements.—Lessee is required to improve the land within one year to the value of 10 per cent. of the price; within two years to the value of another 10 per cent. of the price; and thereafter, but within six years, to the value of another 10 per cent. of the price. In addition to the foregoing, and within six years, improvements are also to be effected to the value of £1 for every acre of first-class land, 10s. for every acre of second-class land, and 2s. 6d. for every acre of third-class land.
10. Lessee to pay all rates, taxes, and assessments.
11. Transfer not allowed until completion of two years’ continuous residence, except under extraordinary circumstances, and then only with permission.
12. Roads may be taken through the lands at any time within seven years; twice the original value to be allowed for area taken for such roads.
13. Lease is liable to forfeiture if conditions are violated.

Full particulars may be obtained from the Commissioner of Crown Lands, New Plymouth.

W. D. ARMIT,
Commissioner of Crown Lands.