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ALLIANCE FIRE OFFICE. Established 1824. CA PI TA L £5,000,000. THE Undersigned, being fully eiß _ powered, are prepared to grant polj] cies of Insurance in the above Company, at the usual colonial rates. A. E. WHITE & CO Lytteltqn, Dec. 10,1856, GOVERNMENT STEAM-BOAT SERVICE FOE THE PROVINCE OF CANTERBURY I. IT is required to establish a regular com. munication, by means of Steam-boats between Port Victoria and the following places ' 1. Some point in the River Avon or the River Heathcote, as near as possible to the town of Christchurch, 2. Kaiapoi. 3. Akaroa. 11. It is required at the same time to provide for occasional steam communication between Port Victoria and the several landing places in other parts of the province, such as' the bays of Banks's Peninsula, Motunau, Timaru &c., for \ the purpose of collecting- wool and other produce usually shipped at those places. 111. It is believed that two steam-boats, at least, will be required to perform this service, one to be employed on the regular line to be established ; the other to be held in reserve in case of accidents, and to make occasional trips as inducement may offer. It is considered that such boats ought to have at least forty tons clear stowage room below decks; to be of not less, than twenty horse power;'to have a speed) not less than eight knots; and to draw not more than four and a-half feet of water. IV. The Provincial Government are prepared to enter into a contract for the performance of the. above service for a term of three years, upon one of the following conditions :- —■ a. The Government will advance the sum of Five Thousand Pounds, (£5,000) to, the contractor, receiving valid security for the insurance of the capital advanced. At the termination of the contract, or in the event of the capital being lost by accident, the Government will require its repayment, but the sum so repaid will be again advanced for the maintenance of the same service. No interestwill be charged for the time of the contract. b. Secondly, If private capital be employed, the Government will guarantee a fixed bonus yearly to the amount of the yearly loss (if any) estimated to be incurred by the service. c. Or, thirdly, The Government will guarantee a minimum rate of intereston the amount of the private capital invested in the undertaking. V. The Provincial Government are prepared to receive tenders for the performance of the above mentioned service. The tenders must state the mode in which the required service is proposed to be performed—Mie number of trips which it is proposed to make in a given time to each of the places specified—the number of the steamboats to be employed—their size, power,"'and speed, not being less, and their draught notbeiny greater than those respectively set forth above.: and also the timoAvhen the servicewillcoimnence. The tenders must also state on which of the abovementioned terms the contractor proposes to treat with the Government. If upon the first—what is the nature of the security which will be offered. If on the second or third— what will be the amount of the bonus or of the rate of interest which the Government will he required to guarantee yearly. All tenders must be sent into this office within four months from the date hereof. By his Honor's command, JOSEPH BRITTAN, Provincial Secretary. Provincial Secretary's Office, Ohristchurch, "Dec. 6, 1856.

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https://paperspast.natlib.govt.nz/newspapers/LT18570114.2.3.3

Bibliographic details

Lyttelton Times, Volume VII, Issue 438, 14 January 1857, Page 2

Word Count
570

Page 2 Advertisements Column 3 Lyttelton Times, Volume VII, Issue 438, 14 January 1857, Page 2

Page 2 Advertisements Column 3 Lyttelton Times, Volume VII, Issue 438, 14 January 1857, Page 2