Page 4 Advertisements Column 1

Lake County Press, Issue 54, 14 June 1872, Page 4

4K*tofit«fat gtetk* if o t i o a-. 1.1*3 TO WOBKS FOB TOT BUIPPLT 0» WATJCB UPOM THB GOLDffUHUDS. lOMPANIES or Persons deß-rous of making application for Subsidies mnder the «* Immigration and Public Works Act," will obtain the necessary information at the Warden's Office.—[See New Zealand Gazette, January, 1872.] (Bigned) C. E. HAUGHTON, Under-Secretary Public Works, Gold Fields Department. Dunedin, January 12th, 1872. HERE AS by « The Immigration and ' T Public Works Act Amendment Act, 1871, it is amongst other things enacted that the Minuter for Public Works may receive applications from the owners or lessees of works for the supply of water on Gold Fields, for mining and other purposes, or from other persons interested in such works about to be constructed, for advances of money to eid in the construction, extension or improvement of such works ; and by the said Act it is further enacted that the said Minister may make Regulations prescribing the mode of making and the form of such application, and for proceeding on such application, as in the sr.id Act mentioned: And whereas it in expedient that Regulations should be made for the purposes in the said Act mentioned: Now therefore, I, the Honorable John Davies Ormond, the Minister for Public Works, in pursuance and exercise of the authority vested in me by the said Act, do hereby make the Regulations set firth in the Schedule hereto, prescribing the mode of making and the form of application for advances cf money to aid in the construction of works for the supply of water on Gold Fields, and for proceeding on such application. SCHEDULE. 1. Persons desirous of obtaining advances of money for the purposes specified shall make application in writing to the Warden of the District, or the Agent duly appointed in that behalf for the Province or District in which the intended works are to be constructed, and such application shall state—(l.) The names and descriptions of the applicants, or if they be a Company registered under any Act of the General Assembly, then the registered paiticulars thereof. (2.) The nimes of the Engineer and Manager of the enterprise. (3.) The general description of the water race or races, dams, reservoirs, or other works proposed to be constructed, together with duly attested copies of the certificate or certificates of title to the water or ground; the quantity of water intended to be eonveyed or stored ; the length of the race or races; size of reservoirs or dams; the maximum rate proposed to be charged for the water ; the nature and extent of the autifVrous ground proposed to be supplied with water. (4.) The estimated cost of the enterprise. (5.) The proposed capital. (6.) The interests, if any, affected by the diversion or storage of the water to be dealt with. (7.) The amount of money proposed to be borrowed, which must not exceed one-third of the estimated cost of the construction of the works. 2. With the application the applicant Bhall forward to the Warden or Agent a receipt from the Receiver of Land Revenue of the District for the amount of 2£ per cent, upon the money proposed to be borrowed. 3. Immediately after any application < shall have been finally decided upon, the deposit thereon will be repaid, except so much as may be retained under authority of the Minister for covering the cost of the inquiry, made in accordance with the provisions of the Act. 4. The projectors of any enterprise to which money may be advanced shall, before the issue of any loan to them, give to the Minister a valid loan or mortgage to cover the amount of loan over the works nd property proposed to be constructed; and such lien or mortgage shall be registered in the Warden's Court of the disrict, and shall be prepared at the expense the projectors. 6. No money shall be paid towards the construction of any water race, dam, or reservoir unless the projectors of the same shall have duly registered themselves under the Mining Companies Limited Liabilities Act or the Joint Stock Companies Act. 6. The rate of interest to be paid by the projectors of any enterprise coming under these Regulations shall be seven (7) pounds per centum per annum, payable quarterly from the date of the advance. 7. The capital sum to be repaid out o the profits of the enterprise in the same proportion as the amount of money •advanced by the Government bears to the paid-up capital of the Company. W. GISBORNE (Minister Acting for the Minister for Public Works.)" Public Works Office, Wellington, 4th January, 1873.