Page 3 Advertisements Column 4

Grey River Argus, Volume XXI, Issue 2363, 7 March 1876, Page 3

Drapery. rt GREYMOUTH RACES. K H -~~ .1-3 5 ST. PATRICK'S DAY. W o =_== ► q In anticipation of the Annual Kace Meeting, § SMITH AND BARKLEY £ < . w Have received a large shipment of - MSN'S CLOTHING AND GENERAL DRAPERY g PH. Making tlieir Stock very large and well assorted •with. |^ Ph -■'■■ ■• SEASONABLE GOODS. y ;Ph ' " . ■ ■, ■■■.-O---1 p New— Men's Clothing Q] New — Men's Shirts and U uderclothing H3 kJ New— Men's Ties, Scarfs, and Handkerchiefs New— Millinery . .■" C- " New — Dresses . *-\ )A New— Silk and Silk Velvets ; O \g\ New — Manchester G-pods .. - Q3 New — House Furnishing „ New — Carpets - . : ■ New — Boots and Shoes ' w W N ew _Boys' and Youths' Clothing H fl ■ ;.. '.: H . [ZJ The above having been marked at very reasonable <H prices, S. and B. request inspection. . <D S SMITH AND BARKLEY, S £ VICTORIA HOUSE, y 00 Greymouth, Reefton, and Westport. •

Government Notice. if a single deed is lost, the title is in many cases rendered absolutely defective, and therefore unmarketable, while in others it can only be rectified at great cost. Persons who bring their land under the Act, surrender all their deeds, and receive in exchange a Certificate of Title, a duplicate of which is retained in the office. If the Certificate in the possession of the registered proprietor is at any time lost or destroyed by fire, &c, a new Certificate is supplied by the Registrar at a small cost. ALL TITLES ARE GUARANTEED BY THE GOVERNMENT. On all Conveyances by Deed- under; .the old system, the cost of Registration in the Deeds Registry, over and above the Solicitor's charge, is never less than Fifteen Shillings, frequently .yery^much more ; while land which has been brought under the provisions of "The Land Transfer Act" can be transferred at a Total Cost of Eleven Shillings where a whole section is conveyed ; and where only part is, conveyed (and there: fore a fresh : Certificate of Title, is necessitated), of Thirty-one Shillings, which is the highest sum allowed by the Act, no. matter what the value or area of the land. Under the .Regulations in force on and after the Ist January, 1872, the charge for Certificates of Title issued upon Memoranda of Transfer is Reduced to Ten Shillings in all cases where the value of the land is under Ten Pounds. The total cost of executing a Mortgage or Lease of land, registered under the Act, i 3 .Twelve Shillings, no matter what the amount involved. . „ A Mortgage may be transferred or discharged, or lease transferred or surrendered for Five Shillings. THESE OPERATIONS INVOLVE NO DELAYS. , The-following are some of the advantages nferred by the Land Transfer system :— ■: 1. It secures the principal benefits -and advantages sought to be attained in a system of registration of deeds. . ; 2. It renders retrospective investigation ' of title unnecessary as to all land registered. . • , 3. It simplifies the Titles to Real Property, for the future. ■..<■' - 4. It makes purchasers of the fee and leaseß - : perfectly secure. , ..:■■•■ i : 5. It simplifies, to the utmost possible extent, the forms of transfer and themodes of conveyance. ■ . . . I 6. It increases the saleable value of land, i 7. It tends to lower the rate of interest on ■ loans secured on lands. ! S. It gives facilities for the sale of large j estates in allotments. ,1 9. Transactions can be , effected at a, moment's notice, and at a minimum , of cost. ; . ■'.:■■■;■• * 10. Frauds in the purchase and sale of. landare effectuallyprevented, because the Certificate of Title in the possession) I of the Vendor shows the exact condition of the estate, i.e. , if . the .estate! be mortgaged, encumbered, or leased.; Memoranda disclosing the particulars; i of any such transactions affecting the i estate are written upon tb a Certificate' of Title. . Lands purchased from the ;Crown. sincej ! the coming into operation of "The: Land 2 Transfer Act" cannot be dealt with under , tho old system.

Government Notice. JA N D TRANSFER ACT LANDS ALIENATED or contracted to be alienated from the Crown in fee prior to., the coming into operation of ' k The. .Land Transfer Act, 1870," may be brought under the provisions of the Act by application from the persons entitled thereto. All Lands alienated from the Crown after the coming into operation of "The Land Transfer Act, 1870," are subject to, and must be dealt with, in manner prescribed by tho Act. The following are examples of the fee, payable for bringing the land under the provisions of the Land Transfer Act : — 1. When the Title consists of a Grant, dated on or subsequent to the 28th December, 1841, none of the land included in which has been dealt with — Where the Certificate of title is directed to issue in the name of the Applicant: Value of land £100 - -. £0 11 2 Where the Certificate of title is directed to issue in the name of the Purchaser : Value of land £100 1 10 0 These charges are increased by 4s 2d (Assurance Fund) for every additional £100 in value. 2. When the Applicant is the original Grantee, and the land has been dealt with ; or where the Applicant is not the original Grantee — Where the value of the land is £100 £2 14 2 Where the value of the land is £200 ;.. ... • ...- ... 3, 3 4 Where the value of the land is £300 ... 312 6 Where the value of the land is £400 ... ... 4 1 8 Where the value of land is above £400, the fees increase at the rate of 4s 2d (Assurance "^und) for every additional £100 in value. These charges also represent the cost of Conveying Land, Inasmuch as applicants to bring land under the Act can direct the Certificates of Title to issue in the names of any other persons. Credit for Fees is Given, When desired by the Applicant, in all cases where the proprietor applies to have the land registered under the Act in his own name, and the fees may remain unpaid until land is dealt with. Any person, therefore, who wishes to bring his land under the provisions of the Act in order that whenever he deals with if he may be in a position to avail himself ef the facilities afforded by having a Registered, Title, can do so Without Any Present Cost,, by allowing the fees, to remain unpaid until such dealing takes , place. He will then be in a position to Mortgage, Transfer, Lease, or otherwise deal with hia land at a moment's notice. Any Title, however long and complex, may be investigated at a cost to the Applicant of only Five Shillings ; for if the Title is rejected all fees are returned, with the exception of that amount. CERTIFICATES OF TITLE ARE ABSOLUTELY INDEFEASIBLE. ' Under the old system of Conveyancing,