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PROSPECTUS OP THE AUCKLAND STEAM NAVIGATION COMPANY. Capital £4,000, in £5 Shares, With Power to Increase it to £6000. Deposit, £1 per Share. Provisional Committee : John Salmon, Esq. W. Hughes, Esq. W. S. Grahame, Esq. James Macky, Esq. W. C. Daldy, Esq. William Mason, Esq. J. A. Gilfillan, Esq. J". W. Bain, Esq. J. Woodhouse, Esq. 3. Newman, Esq. Bankers — Union Bank of Australia. Solicitor — F. Whitaker. Honorary Secretary — W. C. Daldy.

ONE of the consequences arising from the recent cheap land regulations is an extraordi- { nary increased requirement for certain and speedy communication with the capital and the numerous j Stations formed and forming on the Coast and Banks of the Rivers. To secure this important advantage to the settlers, merchants, producers and consumers, in fact to the community of this Province, it is proposed to commence this undertaking with a Steam Boat of about 100 tons builder's measurement, and 30 horse power, for the purpose of trading to the posts most in need, viz., the Tamaki, Howick, North Shore, Wairoa, Mahurangi, Matakana, and Kajwau, calling at such places as may offer sufficient inducement j and it is confidently anticipated that in a short period the Company might be in a position to extend their operations to Coromandel, the Barrier, Wangarei, and the Bay of Islands. Five Pound Shares have been recommended, because it is considered desirable to offer as many persons as possible an opportunity of interesting themselves in the undertaking, thereby making it the general interest of all to offer facilities and assistance to carry out the object of the Company, that object being to effect a general benefit to the Province more -than individual profit. It is thought unnecessary to dwell on the great extension of general traffic wherever proper facilities of intercourse by Steam have been afforded, it may however be briefly stated that within the proposed limits the extent of traffic will be sufficient to make a fair return for the capital employed, and, when in full operation, will offer important advantages to the public in the conveyance of passengers, produce, and merchandize. It is proposed to apply to the General Assembly to pass a Bill, during the present session, to limit the liability of the Shareholders to the amount of their respective shares. Application for shares may be made in the subjoined form, to the Provisional Committee, through the Secretary and the Solicitor of the Company. On the Provisional Committee receiving applications for 500 shares, they will convene a meeting, for the purpose of appointing Directors to undertake the management of the Company, who shall have the appointment of a Manager. FORM OF APPLICATION FOR SHARES. To the Provisional Committee of the Aucklaud Steam Navigation Company. Gentlemen, I request that you will allot me shares in the above undertaking, and I agree to take such shares or any smaller number and to sign all necessary deeds, whenever required to do so. Dated the day of 1854. Name Occupation Residence. __ i

CAUTION To Purchasers of Land at Wangarei. WHEREAS a Notice has appeared from the Surveyor-General in the 'Gazette' of the 6th June instant, offering for Sale a Block of Land at Ruakaka, near Wangarei : and whereas the Undersigned has been credibly informed that cer tain persons named Duncan MacKenzie and MacKay have paid, or are about to pay money to the Government, for certain portions of lanJ, situated at Wangarei, named "Paupau Whenua" and "Mangapai," he hereby Cautions the said Duncan MacKenzie and MacKay, and all other persons whom it may concern, that the tract of land, within which the said portions of land are situated, is not the property of the Government, but of the Undersigned and of about thirty native families, who hold under the Undersigned as tenants for life, without the power of alienation. It is not, therefore, in the power of the Government to give a valid title to the land in question, which was purchased by the Undersigned before the sovereignty of New Zealand was acquired by the Crown of England. His title has never, to his knowledge, been disputed, except by the Government^ and he has had the opinion of the first jurist of the age that it is perfectly valid in law. The Undersigned has invited the Government to try, the validity of this title in the Supreme Court of the colony, or to submit to the arbitration of the Judge the question, what sum of money he may be equitably entitled to on surrendering the land to trie Government. The Government has rejected ooth these offers, preferring, it would appear, to pay large sums of public money to natives who had previously divested themselves of all title to the land, and who could not, therefore, convey to the Government a title which they had ceased to posess, or to the sons of those natives who were mere infants when their parents sold the land ; and to induce families to pay for and settle upon land from which they are liable to be ousted in due course of law. The Undersigned intends to defer legal proceedings until the Summer Session of the Court, at which time the Native Chiefs and witnesses can most conveniently attend, to establish his title. He will then bring actions of ejectment against the said Duncan MacKenzie and MacKay, if found upon his land, and against any other person or persons who may be found trespassing thereon. James Busby. Note. In the advertisement as inserted in the 'New-Zealander of the 7th June, "Mangawai," on which the undersigned has no claim,was printed by mistake for Mangapai. J. B

W" ANTED, — For the Great Barrier Mine, '' 'a Few Miners and Labourers. Men with families able to work would be preferred. Apply to Gibson & Mitchell.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DSC18540630.2.10.3

Bibliographic details

Daily Southern Cross, Volume XI, Issue 731, 30 June 1854, Page 4

Word Count
960

Page 4 Advertisements Column 3 Daily Southern Cross, Volume XI, Issue 731, 30 June 1854, Page 4

Page 4 Advertisements Column 3 Daily Southern Cross, Volume XI, Issue 731, 30 June 1854, Page 4

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