Act Repealed Latest version as at 29 October 1878 (as enacted) | 1878 No 33

Hokitika Harbour Board Endowment Act 1878

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Contents

Short Title.

Endowments to vest in Board.

Endowments may be pledged.

Power to subsidize steam-tug.

Hokitika Harbour Board Endowment Act 1878

Local Act		1878 No 33
Date of assent		29 October 1878

	Title
1	Short Title.
2	Endowments to vest in Board.
3	Endowments may be pledged.
4	Power to subsidize steam-tug.

An Act to vest certain Lands in the Hokitika Harbour Board.

BE IT ENACTED by the General Assembly of New Zealand in Parliament assembled, and by the authority of the same, as follows:—

1 Short Title.

The Short Title of this Act shall be “The Hokitika Harbour Board Endowment Act, 1878.”

2 Endowments to vest in Board.

The blocks of waste lands of the Crown described in the Second Schedule to the said Act, and thereby set aside as an endowment for the purposes of the said Act, shall vest in the said Board immediately upon the passing of this Act.

3 Endowments may be pledged.

The Board may from time to time mortgage, pledge, or otherwise give security over the lands vested in them by the second section of this Act, and over the rents, proceeds, and profits thereof; and may sell and absolutely dispose of the same by public auction at any price not less than twenty shillings per acre, and a transfer from the Board under “The Land Transfer Act, 1870,” shall be sufficient to vest the land so sold in the purchaser or purchasers thereof.

4 Power to subsidize steam-tug.

It shall be lawful for the Board to apply so much of its funds as such Board may deem expedient in and towards purchasing or subsidizing a steam-tug for the use of the port.

Hokitika Harbour Board Endowment Act 1878