Nov. 14.] THE NEW ZEALAND GAZETTE. 3311

Abstract of Terms and Conditions of Lease.

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

2. Six months’ rent at the rate offered, and rent for the broken period, valuation for improvements, lease and registration fees (£2 2s.), must be deposited on acceptance of bid.

3. Term of lease twenty-one years, with perpetual right of renewal for further similar terms at rentals on fresh valuations under the provisions of the Public Bodies’ Leases Act, 1908.

4. Rent payable half-yearly in advance.

5. Lessee to maintain in good substantial repair all buildings, drains, and fences; to keep clear all creeks, drains, ditches, and watercourses; to trim all live hedges, and yield up all improvements in good repair and condition at the expiration of the lease.

6. Lessee not to transfer, mortgage, sublet, or subdivide without consent of the Land Board.

7. Lessee not to carry on any noxious, noisome, or offensive trade upon the land.

8. Lessee not to use or remove any gravel without consent of the Land Board.

9. 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.

10. Lease liable to forfeiture if conditions are violated.

11. Lessee to keep buildings insured.

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

Full particulars may be obtained from the undersigned.

B. C. McCABE,
Commissioner of Crown Lands.

(L. and S. 9/2237.)

STATE FOREST SERVICE NOTICE.

Milling-timber for Sale by Public Auction.

State Forest Service,
Auckland, 13th November, 1935.

NOTICE is hereby given that the undermentioned milling-timber will be disposed of by public auction at the office of the State Forest Service, Auckland, at 2 o’clock p.m. on Monday, the 2nd day of December, 1935.

SCHEDULE.

AUCKLAND FOREST-CONSERVATION REGION.—AUCKLAND LAND DISTRICT.

THE milling-timber branded “X” and numbered on that piece of land containing approximately 462 acres, situate in Block VI, Harataunga Survey District, being part of Provisional State Forest No. 65, about two miles from Kennedy’s Bay.

The total estimated quantity of timber in cubic feet is 19,809, or in board feet 149,330, made up as follows:—

Species. Cubic Feet. Board Feet.
Kauri .. .. .. 15,175 117,260
Rimu .. .. .. 4,154 28,850
Kahikatea .. .. 311 2,120
Miro .. .. .. 102 660
Totara .. .. .. 67 440
———— ————
19,809 149,330

Upset price: £665.
Time for removal: One year.

Terms of Payment.

A marked cheque for one-third of the purchase-money, together with £1 1s. license fee, must be paid on the fall of the hammer, and the balance by two quarterly instalments, the first of which shall be paid three months after the date of sale.

C

Terms and Conditions.

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. 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 aforementioned quality, quantity, and kind 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 purchaser be entitled 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.

4. A return 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 must also 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.

5. The attention of buyers is drawn to the fact that the local controlling body may require the successful bidder 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.

6. Intending buyers are expected to visit the locality and to satisfy themselves in every particular on all matters relative to the sale.

7. The timber described is submitted for sale subject to the final acceptance of the highest bid 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 before the date of sale.

9. If no bid is accepted for the timber herein mentioned it will remain open for application at the upset price for three months from the date of the sale.

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.

R. D. CAMPBELL, Conservator of Forests.

BANKRUPTCY NOTICES.

In Bankruptcy.—In the Supreme Court of New Zealand.

NOTICE is hereby given that FREDERICK GEORGE SYKES, of Otamarakau, Te Puke, Share Milker, was this day adjudged bankrupt; and I hereby summon a meeting of creditors to be held at the Courthouse, Whakatane, on Tuesday, the 19th day of November, 1935, at 10.30 o’clock a.m.

Dated at Auckland, this 8th day of November, 1935.

A. W. WATTERS,
Official Assignee.

In Bankruptcy.

In the Estate of COLIN DERBY, of New Plymouth, Service-station Proprietor.

NOTICE is hereby given that a first and final dividend of 3s. 9d. in the pound is now payable on all proved and accepted claims at my office, New Plymouth.

J. S. S. MEDLEY,
Deputy Official Assignee.

New Plymouth, 7th November, 1935.

In Bankruptcy.—In the Supreme Court of New Zealand.

NOTICE is hereby given that JACK ALBERT SCHINCKEL, of New Plymouth, Stock Agent, was this day adjudged bankrupt; and I hereby summon a meeting of creditors to be held at my office on Wednesday, the 20th day of November, 1935, at 2.30 o’clock p.m.

Dated at New Plymouth, this 9th day of November, 1935.

J. S. S. MEDLEY,
Deputy Official Assignee.