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Superintendent of the said Province of the third part and the said John Thomas and John Wood of the fourth part: Whereas by deed bearing date the fourth day of May one thousand eight hundred and fifty-seven made between His Honor William Cargill the then Superintendent of the said Province of the one part and the said John Barr of the other part the said William Cargill Superintendent as aforesaid demised unto the said John Barr but excluding assigns and sub-tenants all the right and privilege to ply the Clutha Ferry together with all the land houses stock-yards punts boats and erections and appurtenances of and belonging to the said Ferry at the yearly rent of eighty pounds subject to the conditions therein expressed one of which conditions limited the duration of the Lease to the term of seven years from the first day of January one thousand eight hundred and fifty-seven: And whereas the said John Thomas and John Wood have purchased the said John Barr’s interest in the said Ferry and premises and have applied to and requested the said John Larkins Cheese Richardson to grant to them a new Lease of the said Ferry and premises for the residue of the said term and have proposed to enter into and execute a bond with two sureties in the sum of five hundred pounds conditioned for the due performance on their part of the covenants of such Lease and which the said John Larkins Cheese Richardson Superintendent as aforesaid has consented and agreed to do upon having the said recited Deed surrendered to him: Now this Deed further witnesseth that in consideration of the covenants conditions and agreements herein contained and implied and on the part of the lessees to be observed and performed by the said John Larkins Cheese Richardson Superintendent as aforesaid for himself and his successors Superintendents of the said Province doth demise and lease unto the said John Thomas and John Wood but excluding assigns and sub-tenants all that the said Clutha Ferry and the right to ply the same and all that square-sterned boat and punt chains and gear appertaining to the said Ferry and also the Ferry-house and other buildings stables and stock-yards and the Ferry Reserve with the appurtenances of and belonging or in anywise appertaining to the said Ferry and Ferry Reserve as the same are described in the Schedule hereto and are now in the occupation of the said John Thomas and John Wood to hold the said Ferry hereditaments and premises with the appurtenances unto said John Thomas and John Wood their executors and administrators from the first day of January one thousand eight hundred and sixty-two until the first day of January which will be in the year one thousand eight hundred and sixty-four YIELDING and paying therefor yearly and every year during the said term unto the Provincial Treasurer of the said Province of Otago or the person for the time being acting as such the clear yearly rent or sum of Eighty Pounds payable by equal quarterly payments on the first day of April the first day of July the first day of October and the first day of January in each year of the said term the rent to the first day of January last having been already paid And the said John Thomas and John Wood do hereby for themselves their heirs executors and administrators covenant with the said John Larkins Cheese Richardson and his successors Superintendents of the said Province in manner following that is to say that they the said John Thomas and John Wood will not assign or underlet or part with the possession of the said demised premises or any part thereof to any person or persons whomsoever And that they will conduct the whole business of the said Ferry personally with such assistance that may be necessary for the efficient working of the said Ferry and that they will ply the said Ferry at all hours unless when from the state of the weather or other cause the passage would be dangerous or impracticable And that they will levy the following rates of Ferryage for the conveyance of persons carriages horses cattle sheep and goods and none other (except as hereinafter provided) that is to say—For each person sixpence for each cart dray or other carriage (exclusive of goods and passengers)