JULY 18]

THE NEW ZEALAND GAZETTE

Deposit and Terms of Payment

As a guarantee of good faith a marked cheque to yield the sum
of £1,000 (one thousand pounds) in respect of each lot must accompany
the tender, and shall be returned if the tender is not accepted.
In the case of the purchaser the sum yielded by the cheque shall be
deposited in the Receiver-General's Deposit Account as security
against default in payment for the logs purchased as herein provided
and the satisfactory fulfilment of his obligations or for damage by
fire arising from his operations for which he is liable and the interest
thereon shall be paid to the purchaser from time to time. The
balance of the said sum at the conclusion of milling-operations
shall be returned to the purchaser or be used in payment or part
payment for the last month's supply of logs, any surplus being
returned to the purchaser.

In addition the purchaser shall, within 28 (twenty-eight) days
of notification of acceptance of his tender, deposit with the
Conservator of Forests, Rotorua (hereinafter referred to as the
Conservator), further securities to the value of £1,000 (one thousand
pounds) in respect of each lot, to be held against default in payment
for the logs purchased as herein provided or failure to comply with
the terms and conditions of the sale agreement or any subsequent
license or agreement. Should payment be made regularly, and should
the terms and conditions hereinafter set out be faithfully observed
or the purchaser is under no liability for damage by fire arising
from his operations, the said securities shall be returned to the
purchaser at the conclusion of milling-operations. The said securities
may be by marked cheque, inscribed stock, Government bonds,
or in other form acceptable to the Commissioner, and (if in cash)
will be invested and the interest paid to the purchaser as aforesaid.

Measurement of Logs

Logs will be measured by officers of the State Forest Service
and the quantities of timber in cubic feet will be assessed from the
measurement made on each log of its girth at mid-length outside
bark to the nearest complete inch, fractions being omitted, and its
length to the nearest complete foot, odd inches being omitted, the
volume being calculated in accordance with the New Zealand State
Forest Service Log Scale. Although logs will be delivered in the
longest possible lengths suitable for transporting, the maximum
log-length for measurement purposes will be 24 (twenty-four) ft.,
and longer lengths will be calculated as two or more separate logs
of approximately equal length, save that no butt logs will be
measured at a point less than 7 ft. from the butt end.

An allowance of 4 in. for cross-cutting will be made on logs
ranging from 24 (twenty-four) ft. to 32 (thirty-two) ft. in length,
and on account of each complete 16 (sixteen) ft. log-length obtain-
able from logs of a length of 33 (thirty-three) ft. or over. A Forest
Officer will make such deductions for defective logs as in his opinion
are reasonable, and in cases of dispute the Conservator's decision
shall be final.

TERMS AND CONDITIONS

1. The sales will be made in accordance with the provisions
   of the Forests Act, 1921-22, the regulations in force thereunder,
   and the terms and conditions in this notice.

2. The State Forest Service shall deliver on to the mill-skids
   or log-storage sites (the position of which will be notified from
   time to time to the purchaser) sufficient logs during each four-
   weekly period to average per working-day in the forest not less
   than 900 cubic feet and not more than 1,200 cubic feet in respect of
   each lot, and the purchaser shall accept delivery of all logs so supplied.

3. At the end if each four-weekly period the Conservator shall
   notify the purchaser of the numbers and volumes of logs of each
   species delivered during that period and the total payment due
   therefor, and delivery shall be considered to be complete when the
   logs have been measured, marked, and delivered to the mill-skids
   or assembled on suitable log-storage sites at or near the mill.

4. After the delivery of a log is complete the purchaser shall
   be liable for full payment therefor, notwithstanding that the log
   may subsequently be damaged by fire, insect, fungal attack, or
   any other cause.

5. Should the purchaser at any time make default in any of
   the payments due under the sale or in any manner in connection
   therewith the Conservator shall have in addition to other remedies
   the right to cease delivery of logs until all such payments have been
   met to his satisfaction.

6. The purchaser, his agents, employees, or contractors shall
   not be permitted to enter the State Forest at other than the open
   areas in the vicinity of the mill or access roads thereto without the
   written consent of a Forest Officer and upon such conditions as he
   may impose.

7. The purchaser shall erect a sawmill with necessary buildings
   on a site which may be leased from the Commissioner, or alternatively
   on a site to be approved by the Conservator. (Note.-The
   purchaser of two lots shall be required to erect only one sawmill.)

8. The Commissioner shall lease to the purchaser sites for the
   erecti…

9. The dwellings for the employees referred to in Condition 8
   hereof shall be of substantial construction and modern design and
   equipment, with drainage and water reticulation. Full particulars
   of requirements may be obtained from the Conservator.

10. The purchaser shall dispose of slabs, mill-refuse, and other
    waste in such manner and on such sites as shall be approved by the
    Conservator.

11. The purchaser shall if required by the Commissioner enter
    into a written agreement to give full effect to the terms and con-
    ditions of this sale, and such agreement shall contain such further
    terms and conditions as may be required by the Commissioner and
    is usual in log sales of this nature made by the State Forest Service.

12. The Commissioner reserves the right to purchase at the
    termination of the agreement, or any subsequent license or agree-
    ment, all machinery, buildings, fences, or other improvements at
    a price to be agreed upon between the Commissioner and the pur-
    chaser, and failing such agreement the price shall be determined
    by arbitration. If, however, the Commissioner does not wish to
    exercise this right of purchase, the purchaser may sell to persons
    approved by the Commissioner, otherwise the purchaser will be
    allowed six months in which to remove all the aforesaid improvement,
    and any improvements remaining on the ground at the end of that
    period shall become the property of the Crown.

13. Every duly authorized Forest Officer shall have the right
    of entry at reasonable times upon any premises of the successful
    tenderer for the purpose of inspecting the cutting of logs and
    examining his books, or taking extracts therefrom for the purpose
    of verifying the contents of logs sold to him and the quantities of
    timber produced therefrom.

14. The attention of all tenderers is drawn to the fact that
    the local controlling authority 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 trans-
    ported, and before the sale agreement is completed a letter indicating
    that satisfactory arrangements have been made in this connection
    must be produced to the Conservator.

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

16. Each tenderer must state the price per cubic foot he is
    prepared to pay for each class of logs in each species. The highest
    or any tender will not necessarily be accepted, and the logs as
    described are submitted for sale subject to the final acceptance
    of the tender by the Commissioner.

17. The purchaser shall not be permitted to transfer, assign,
    or in any way part with the rights and privileges granted under
    the sale agreement, or any subsequent license or agreement, without
    the written consent of the Commissioner.

18. Tenders should be enclosed in sealed envelopes addressed
    "Conservator of Forests, Rotorua," and endorse "Tender for
    Timber." Each tender shall state whether it is for one lot or two
    lots and whether or not it is made by or on behalf of a returned
    serviceman or returned servicemen.

19. Except as provided in Conditions 7 and 8 hereof, nothing
    in the sale agreement, or any subsequent license or agreement, shall
    be construed or take effect to confer upon the purchaser the right
    to the possession of any land so as to create any leasehold estate
    or interest therein.

20. If no tenders are accepted for the logs mentioned herein
    they shall remain open for application for three months from the
    date tenders close.

N. J. DOLAMORE, Conservator of Forests.
(S.F. 23/2/58/9.)

BANKRUPTCY NOTICES

In Bankruptcy.--Supreme Court

JAMES JOSEPH THOMAS MORRIS, of 19 Martin Avenue,
Mount Albert, Auckland, Labourer, was adjudged a bankrupt
on the 9th July, 1946. Creditors' meeting will be held in my office
on Monday, the 22nd July, 1946, at 10.30 a.m.

V. R. CROWHURST, Official Assignee.
3rd Floor, Smith's Buildings, Albert Street, Auckland C. 1.

In Bankruptcy.--In the Supreme Court holden at Wanganui

NOTICE is hereby given that statements of accounts and balance-
sheets in respect of the undermentioned estates, together
with the report of the Audit Office thereon, have been duly filed
in the above Court; and I hereby further give notice that at the
sitting of the said Court, to be holden on Monday, the 5th day of
August, 1946, I intend to apply for an order releasing me from
the administration of the said estates:-

Duncan, Gordon Victor, Rata, Share-milker.
Barrett, William John, Wanganui, Clerk.

Dated at Wanganui, this 11th day of July, 1946.

W. PARKER, Official Assignee.

In Bankruptcy.--Supreme Court

NOTICE is hereby given that VLADIMIR BENGULA, of Wellington,
Restauranteur, was this day adjudged bankrupt; and I
hereby summon a meeting of creditors to be holden in my office,
Magistrates' Court, on Monday, the 22nd day of July, 1946, at
11 o'clock a.m.

Dated at Wellington, this 10th day of July, 1946.

F. B. JAMESON, Official Assignee.