SEPT. 25.] THE NEW ZEALAND GAZETTE. 2857

8. No liability is accepted on the part of the Crown or
   of the Land Board to pay to the lessee any compensation for
   improvements, but if the lease is not renewed upon expiration,
   or if it is sooner determined, the new lease offered for disposal
   by public competition will be subject to payment by the
   incoming tenant of an amount equal to the value of buildings
   and improvements effected by the original lessee; and the
   amount so paid by the incoming tenant shall be paid to the
   original lessee without any deduction except for rent or other
   payments in arrear.

9. Lease liable to forfeiture if conditions are violated.

10. Lessee to keep buildings insured.

11. Interest at the rate of 10 per cent. per annum to be
    paid on rent in arrear.

12. Possession will be given on the day of the sale.

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

J. D. THOMSON,
Commissioner of Crown Lands.
(L. and S. 20/528.)

Settlement Lands in Canterbury Land District for Sale by
Public Auction.

District Lands and Survey Office,
Christchurch, 24th September, 1930.
NOTICE is hereby given that the undermentioned settle-
ment lands will be offered for sale by public auction
for cash or on deferred payments at the Courthouse, Timaru,
on Thursday, the 6th November, 1930, at 1 o'clock p.m.,
under the provisions of the Land Act, 1924, and the Land for
Settlements Act, 1925.

SCHEDULE.

CANTERBURY LAND DISTRICT.—MACKENZIE COUNTY.—
BRINKLANDS SETTLEMENT.

SECTION 1s: Area, 92 acres 1 rood 2 perches. Upset price:
£1,200. Deposit on deferred payments, £50. Half-yearly
instalment on deferred payments, £37 7s. 6d.

Section 2s: Area, 471 acres 0 roods 17 perches. Upset
price: £5,390. Deposit on deferred payments, £165. Half-
yearly instalment on deferred payments, £169 16s. 3d.

Section 3s: Area, 556 acres 3 roods 31 perches. Upset
price: £7,070. Deposit on deferred payments, £200. Half-
yearly instalment on deferred payments, £223 5s. 6d.

Sections 1s and 2s: Area, 563 acres 1 rood 19 perches.
Upset price: £6,590. Deposit on deferred payments, £200.
Half-yearly instalment on deferred payments, £207 13s. 6d.

NOTE.—Areas subject to slight alteration.

Situated one mile and three-quarters from Fairlie Township,
by good metalled roads. Mostly flat land, with small terraces
and some swamps. Soil varies from fair sweet country to
good heavy soil on clay and shingle, showing stony patches
in parts. Well watered, and should carry 1½ ewes to the acre
as well as cows, and provide feed for stock and team. Suitable
for dairying and cropping or mixed farming generally. Cream-
lorry passes.

Section 1 comprises mostly level land of fairly good quality,
all in grass and subdivided into four paddocks by post-and-
wire fences. Watered by water-race and spring. Altitude
about 950 ft. above sea-level. Land should carry 130 ewes,
together with a few cows, and is also suitable for cropping in
most parts. Situated about one mile and a half from Fairlie
Township, school, and railway. A desirable little property
for a man who also wishes to do some outside work.

NOTE.—Buildings on this section consist of wooden cottage
(five rooms and pantry, concrete foundations, concrete
veranda, iron roof), wooden trap shed (wood piles, iron roof),
old wooden shed, and fowlhouse.

Section 2 comprises mostly level land to agricultural and
light and stony. Subdivided into nine paddocks by wire and
gorse fences. Watered by water-race, creek, and springs.
Altitude, about 950 ft. Situated one mile and three-quarters
from Fairlie Township, school, and railway. About 76 acres
under cultivation; balance in grass and swamp. This sec-
tion should carry about 600 ewes and about 34 head of cattle.
Buildings on this section comprise brick dwelling (four rooms,
bathroom, pantry, veranda, &c., concrete foundations, iron
roof, hot and cold water service) corrugated iron wood-shed,
cow-shed and feed-room, tank-stand, ram and piping.

Section 3 comprises mostly level land from heavy swamp
to agricultural and light and stony. Subdivided into fifteen
paddocks by wire and gorse fences. Watered by creek and
springs. Altitude, approximately 950 ft. Situated about
two miles from Fairlie Township, school, and railway, and
adjacent to Winscombe Railway-station. About 96 acres
under cultivation; balance in grass and swamp. This
section should carry 700 ewes and 45 head mixed cattle.
Buildings on this section comprise wooden dwelling (seven
rooms, scullery, pantry, bathroom, hall, and washhouse), also
leanto (wood piles, iron roof, hot and cold water service),
septic tank, corrugated iron wool-shed, stable, and chaff-house
(concrete and wood piles, concrete and wood floors, ten stalls,
two loose boxes and loft), engine-shed, wooden pig-styes,
fowlhouse, corrugated iron cow-byrre, and engine-shed (concrete
floor, water laid on), concrete cow-yard, sheep-yards, wooden
implement-shed, men's quarters, &c., plantation and orchard,
tank-stand (two tanks), piping to house and yards.

Note re Drainage.

Contracts for carrying-out of extensive drainage works on
Sections 1s and 3s have been let by the Department, the
cost of same being included in the upset prices of the sections
concerned. These works are additional to drainage carried
out by the former owners and should be completed by the
date of sale.

Special Conditions.

(a) The purchasers of the various sections will be required
at their own cost to keep all drains and races on their re-
spective sections clear and free from weeds or obstructions of
any kind likely to impede the natural flow of the water.

(b) The purchaser of each section will be required forthwith
to insure all buildings and erections at present existing on the
land, and so long as any of the purchase-money is outstanding,
to keep insured in the joint names of himself and the Com-
missioner of Crown Lands, to the full insurable value in the
State Fire Office or some other reputable insurance office to
be approved by the lessor.

Terms of Sale.

The purchaser of each section may pay for land in cash or
by deferred payments as follows:

1. Cash.—One-fifth of the purchase-money to be paid on
   the fall of the hammer, and the balance with certificate-of-
   title fee (£1) within thirty days thereafter.

2. Deferred Payments.—(a) The required deposit as set
   forth to be paid together with license fee of £1 1s. on the
   fall of the hammer. On payment having been made the
   purchaser will receive a license to occupy the land, containing
   a provision for the payment of the balance of the purchase-
   money by instalments.

(b) The license to occupy shall be for a period of thirty-four
and a half years, to be reckoned from the next 1st day of
January or 1st day of July following the date thereof.

(c) The license shall provide for the payment by half-
yearly instalments of the balance of the purchase-money,
together with interest thereon from the date of the license at
the rate of 5½ per cent. per annum.

(d) Every such half-yearly instalment shall consist partly
of principal and partly of interest, calculated in accordance
with such table as may be prescribed.

(e) The first half-yearly instalment of principal and interest
shall be payable on the 30th day of June or the 31st day of
December as the case may be, next following the expiration
of six months from the date of the license, and the succeeding
instalments shall be payable half-yearly in each year there-
after on the dates herein mentioned.

(f) With the first half-yearly instalment there shall also be
paid the interest payable on the balance of purchase-money
for the period between the date of the license and the date of
commencement of the term thereof.

(g) (i) The licensee shall have the right at any time during
the currency of his license to pay off either the whole of the
purchase-money or any half-yearly instalment or instalments
thereof then remaining unpaid.

(ii) The payment of any half-yearly instalment of the pur-
chase-money so made shall not affect the periodical con-
tinuity of half-yearly instalments, but the amount of principal
and interest included in the succeeding instalments shall be
calculated according to the aforesaid table as if the half-
yearly periods corresponding to the instalments so paid had
expired, and the term during which instalments of principal
and interest would otherwise have been payable shall be
reduced accordingly.

(iii) Upon receipt of the final instalment the certificate of
title in respect of the land purchased shall issue upon payment
of the prescribed certificate-of-title fee.

(iv) If purchaser fails to make any of the prescribed pay-
ments by due date the amount already paid shall be forfeited,
and the contract for the sale shall be null and void.

(v) 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 re-
sponsible for the absolute accuracy of any description.