Page 4 Advertisements Column 5

Evening Star, Volume IX, Issue 2684, 23 September 1871, Page 4

Sales by Auction. TUESDAY, 24th OCTOBER, 1871, At 3 o’clock in the afternoon, ' DUNEDIN GAS LIGHT AND COKE COMPANY LIMITED, DUNEDIN, OTAGO, NEW ZEALAND. BY PUBLIC AUCTION. DRIVER,* STEWART and CO., are instructed on behalf of the Debenture Holders of the Company, to Sell by Auction, at their Wool Stores, High-street, Dunedin, on the above date, WITHOUT RESERVE, The whole of the property of the Company, consisting of— All that piece or parcel of land, situate in the Town District of Dunedin, containing by admeasurement two acres or thereabouts, being part of section No 8, Block VII, on the Record Map of the said district, bounded towards the north-east 191 feet and 7-10ths of another foot, by the Government Main Road leading from Dunedin to the Peninsula ; south-east, 452 feet and 3-10ths of another foot, by section number 7 ; south-west, 191 feet and 4-10ths of another foot, by other part of the said section No. 8 ; and north-west 452 feet and 3-lOths of another foot by the Government road through the said section No. 8 ; which said piece or parcel of land is held by the Company under a lease dated the 20th day of November, 1862 (registered number 3933), granted to them for a term of 21 years, from the Ist August 1862, with a perpetual right of renewal upon and under such terms and conditions as are expressed in the Lease, at an annual rent of LSO, payable half-yearly. Together with A cottage, stable, and office, purifying house, governor-house, store, and smithy, store, fowl-houses, hut, and watercloset ; retort-house, including unused portion of roof ; base of largo chimneystack, to accommodate four retort beds, built at the unfinished end of retorthouse ; teihporary chimney and retort bed, condenser, foundations, tar tank and well, bridge and sundry plant, gas holder, tank, and syphon well plant, consisting of retorts, hydraulic main, condenser, purifier, holder governor, &c., mains, service pipes, and meters. The property offered for sale is subject to an underlease thereof, dated 31st March, 1866 (registered No 12,890), from the Company tp Mr S. S. Hutchison, for the whole of the term of the original lease, less the last 10 days thereof, at the yearly rent of L 2400, payable quarterly. The underlease is now vested in Henry Alers Hankey, Esquire, for the residue of the term thereby granted. Every renewal of the lease to be granted, must be applied for in writing two years before the end of the current lease. The new rent, if not agreed upon, is to be fixed by arbitration, and in ascertaining the value of the lapd, the Cjas Works are not to be taken into account, If no pepewal be taken, the Company or their assigns may remove the Works, The sale is made under a Deed of Mortgage, dated 29th September, 1864 (registered No 9068), from the Company to John Reid Mackenzie, Esquire, as the Manager of the New Zealand Banking Corporation, Limited (now wound up), and under a Deed dated 18th September, 1865 (registered No 11,266), from the Company to Mr Mackenzie, being a deed of further charge in favour of the Bank, and a charge in favour of the Debenture Holders of the Company, who are now offering the property for sale through Mr Mackenzie as their Trustee, to. satisfy the amount ofthe Debentures held by them, together with interest. Copies of the Leases and Mortgage Deeds can be inspected at the Deeds Registry, Dunedin, on referring to the registered numbers given above, and the originals at the Office of Mr Cook, solicitor, Dunedin. further particulars can be obtained on application to the Auctioneers, DRIVER STEWART and CO., At their Wool Stores, High-street, Dunedin ; Mr COOK, Solicitor, Dunedin, Public NoticesJJEGISTER ! REGISTER ! REGISTER! Unprecedented Success of the Land Tr&nsfsr JOHN REID MACKENZIE at his office opposite the Criterion Hotel, is uow .engaged as a Sworn Broker in putting titles on the new Register, and begs to point out to his friends, and owners of property in general, a few of the advantages gained by adopting the Torren’s system of Registration Title however long and intricate guaranteed by the Crown and all defects cured. The cost of conveyances, mortgages, leases, and settlements, reduced to twelve shillings and reconveyances, five shillings. A large number of title deeds, into which holes might be picked every time the laud is dealt with —all conditions of sale and abstracts avoided. The proprietor draws his title direct from the crown instead of holding a title linked to previously existing deeds. A fresh certificate is issued after every dealing with the laud. Lands held in grant cost two shillings and a halfpenny in the pound of value ; whereas, lands which have been dealt with cost L2 10s and a in the pound of value to register. All lands sold by the Crown prior to Ist February last must be specially put on the new Registrar, and the old deeds surrendered before the benefits of the Act are experienced. Lands sold by the crown subsequently must be dealt with under the Act. The broker’s fees are fixed by the Act on the lowest possible scale. Business promptly executed and the strictest confidence maintained. * The principal cost is in putting the land on the Register. Once on the Registry the saving at every step taken is immense. Manufacturers. MILNER’S STRONG HOLDFAST AND SAFES, Strong Room Doors, &0., with all the recent improvements. Price lists, drawings, and testimonials free by post. Liverpool, Manchester, Sheffield, Leeds Hull, and 47a, Moorgate street, City London. Agents in all the Colonies.