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General Notices PROSPECTUS 07 THX , WELLINGTON SMALL FARM , „. ASSOCIATION,Under the auspices of the WELLINGTON WORKING" MEN'S CLUB. . „ President: Hoh. Bandaix Johnson. Vice-President: 0. J. Johnston, Eiq. Hon. Treasurer: W. H. Lbvin, Esq., M.H.B. * , Trustees: .. F. A. Kbcl£, Esq., W. msrmm» t Aq., , M.H.8., Giobok Obawxobd, Esq., J.P., Provisional Directors: . AUBBD LINDSAT, EsQ, TBOMA? WHIT!* hocbe, Esq., E. H. Ptatisut E«j. Appointed by the Wellington Working Men't Club, at a Special Meeting held for that purpose, October 13th 1879. "r O. 0. Heidev, President Working Men's Club. '■•-.•'- Mi 1 ASMOT..OBB, Member of Committee, Working Mti'§ Club. ( Mr John Yovva, Mem*^ of Cor'imfttee, Working Men's Clvfcl '£* ' '" ' MrH«NBY R, Jtjbt, Mitf^vryipomniittee, Working Men's Club. «\ , ...; . Bankers: Thb Golonjai B^nk \ot Kew Zeaulnd. Solicitor: " * '" W. H. Quick, Esq. , Auditors: H. F. Lo&an, Esq., Thomas M'Kinzii, Esq. Secretary Mr Wixiiam Wyiib.

This Association is promoted with the object of securing for its-members.freehold farms in the Waimate Plaint (or some other suitable locality) on the moat favorable terns, and conditions, with a Tiew of supplying'to some extent the great and increasing demand for small holdings for bona fide settlement. As soon aa the block is decided upon, tod the preliminaries, arranged, it will be surveyed into sections of limited area and apportioned, by lot or otherwise, according to rues to be agreed upon at a general meeting of the-sub-scribing members of the proposed Association in selections of a minimum value'of One . Hundred Foundß (£100) sterling, and a maximum value of (£4oo)'sterling. : . • The Provisional Directors will endeavor to induce the Government to grant to members of the Association such modifications of the land on deferred-payment clauses of the Land Act, 1877, as may facilitate occupation by $ona fide settlers and subscribers without necessitating strict compliance with the pre-'----sent provisions of those clauses. The -Pro* visional Directors will also endeavor to make provision for ample reserves for religious, educational, * recreation,' and .public health purposes, as suggested by the Minister of Lands to the deputation which lately waited upon the Government with the view of bringing this scheme under their notice and favorable consideration. .The payments are to. be computed on some well-defined, liberal, and easily-understood system of deferred payments,'to be made by instalments extending over-a period of, aay not less than ten (10) years. Bach subscribing member will be required to deposit a sum equal to ten percentum of the total value of the share of land he applies for before his application can be entertained, and a further payment of two percentum per month on said total value until such time as the block to be applied for is acquired by the Astoria- . tion, and possession can be given* to applicants, or until such time as the Association shall make arrangements with the Govern* ment for-allotting land to the subscribers, provided always that such monthly payments of two fercentum do not extend to a farther period than six months from date of application. - . All monies received are to be paid into the Colonial Bank of Kew Zealand to the Association's account, to be opened in the name of the Trustees, on fixed deposit bearing interest; and no withdrawals, or payments to be made by cheque against such aooount without the authority and signature of the - Treasurer, one of the Trustees, and three Directors being first obtained, . . - i Agents, or Acting-Directors, for the Asso* ciation will also be appointed in all the ' centres of population throughout the provincial district as soon as practicable. As soon as, iv the opinion of the Provisional Directory, a sufficient number of shares are applied fot, a' general meeting of subscribing members will be called for the purpose of passing and adopting permanent rules . and by-laws or articles of Association for the future guidance of the Association, and also for the election of a permanent Board of Directors and Management. If the Provisional Directors are unable to. make satisfactory arrangements with the Government,- or from any other cause they dud that they are unable to carry out the scheme suggested by this prospectus, they may return to each subscriber the amount of his subscription with accrued interest; less his share of the expenses or liabilities then incurred. ... < As it is of the utmost importance and imperatively necessary that no time should be lost in organising the business of the Association, the Provisional Directory therefore - stipulate that the list of subscribing members should bo finally cloßed not later, than the 31st January, 1880. Term? of proposal and application for shares and other information connected with the Association may be procured from the Provisional Directors, the Secretary pro tern, or at the Wellington Working Men's Club,. Lambton Quay. Applications, with amount of deposits to be lodged with the Colonial Bank of New Zealand, Wellington. - WILLIAM WYLIB, Secretary. Wellington, November, 1879. 1283 VTOTJCHBRS for Government Payment v and Company Debts--Printed and Sold «t the Evening Stab Office. IjWi'ERTAIHMHNTS, CONCERTS, 4c. JCi should always be announced iv THJt STAR if thoir promoters wish to vohievt success.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THS18800211.2.2.7

Bibliographic details

Thames Star, Volume XI, Issue 3473, 11 February 1880, Page 1

Word Count
828

Page 1 Advertisements Column 7 Thames Star, Volume XI, Issue 3473, 11 February 1880, Page 1

Page 1 Advertisements Column 7 Thames Star, Volume XI, Issue 3473, 11 February 1880, Page 1

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