THE OTAGO DOCK TRUST.

Evening Star, Issue 7403, 24 December 1887, Page 1

THE OTAGO DOCK TRUST.

At yesterday's meeting Mr Elder's report was adopted and ratified, ana it was resolved Mr.pElfler,,|hename, flf &e;Jnn "fU * Articles .of agwemest fcadaiairiießtereMrlkrtlito vsaTdayotJSTjDYwnher* :'WBft*«tw«l* flfr<OJegbDsok ! o«ee is 4jPpit QN^^jg^*jW>ny fig merchant, power of attorney nsMmaftetsreoNwl, ofwfce 411JL land rrrw merch*nts,vira4iiig'tandsrttM(*fto iMifem.rOfurTCr* t *nd \#oh'-T^j«tb*Mi»attet *Where»^^ l aloan3b! , l«TO,OM Po>ttOha»er* tothe ProVlmeial in the Colony of Her Zealand} udder; tlie;riDwers*esied in them by statute bxtthat hohalf an instrument in writing under the seal of the Otago Dock Trust, dated the Bru day pi November,lßßtthe said Otaffo Dock »nst did thefeby Dominate aA appoint the said William Elder, therein describedl#ot Port-,Cbalmers aforesaid, jan .attanjeyjOltte saU Otago Dock Trust, to nave and exjjpnJ|e_jflL*M singular with powers and authoHßee therein mentioned, that is to say (inter alia) to arrange with any Joint Stock Company or any two or more persons or any syndicate to undertake the floating of the said loan, to accept any tender (or the said loan at par, ami that*rate of interest not exceeding 14 per cent. per annum, unless the said Otago Dook Trust should by William Oder otherwise WKJKW* 111 Wflßam aid, has a6w'oomradeu negttttttonsVith the eontraotqrs to : undertake.tbe Am» the, terms anfoondttions. hnejnattar appearing, underthe bemiSbef<w7ecilW.pwSol attornoyof thr Brddaynof iHovembart' 188oTtpjhe .ternwart'ioanditiens^herejnetterjt^ '^iSJSfflflttfia* and assign to tW contractors lull and (WMR power undertake,tfy} Joeting of the said loan upon 'the 1 and to manner hereinafter menttfoWM Am the Otago Deck Trust andioontwetow doilierebynihtually and reciprocally contract, agree, and undertake as folktwt-* that is to say and Mur contractors or rJaAase L 76.000 6 per'cent, bonds sfthef-Otago DoetTßrust at the prioe of L9O tof eaohl LIOO bond, bearing Interest at 6 per cent. (2) The bonds to be paid far in and by two equal Instalments or otherwise at the contractors' option, but so as that the whole of toe purehase money shall be paid within the period of twelve calendar months from the date of these presents. (8) The Otago Dock Trust shall pay and discharge all expenses for Government stamps toon the W«ft gnat sbattftnv nisb and supply Jul information that may -be ajSedtkapStoeaabfe toffalead to authorise and allow such "sue to be made in their name and through the medium of hukers >ttotker> wise nominated or approved by tto'ooatMpil. $) !!Bie Otago Dodk Trust shall, if'nen>b»iry? modify or •iter the pUns of ti»de>kttWßh4W*siMtaa»at enable the samel to be bu%atid ewntltiUd 1 fat the amount to be reaiited by the txMHitaf&fßeoontractors shall, deposit in .such manner.aswattbe WtffianTdElder *pe»«eh»." <« fill Itiri nelfl hnnrls. wtllah smrmnt; IeTSjI.HT fotMtol both Sj^jssshr -*££% fully carried out by the ooatrtotorrwrnrnefr or - their Eomtoee's depesfi taatt aseSptud purchase !tt«y)The the oentraaton and the survivow, of'<tMev<»Dd We shipments of anynMehlnwTw , this side in oonnectionwith the weiktoglwr 'ooeatiuu tion of the dock. The usoal-eoinnihpioruaf ttper cent, to be charged byjhe oontraoten, and paid and allowed b? whereof, the Said Otago : Dock Trust,' *by WWm Elder, their said attorney, and the said , Jhave nereuW set eiriate first above written, agned. sealed,, and den>ared,by . the said William HoeV m*• fmmmM 1 _

• (For ontmvatiouset Fwrikp*g*J^^.