WHEREAS the Corporation of the Mayor, Councillors, and Burgesses of the Borough of New Plymouth (hereinafter in this Act referred to as the Corporation) is the owner of the lands described in the First Schedule hereto as to the land firstly described therein in trust for a botanic garden and public recreation-grounds, and as to the land secondly described therein for the purposes of a recreation-ground: And whereas the Taranaki Jockey Club (Incorporated), a duly incorporated society having its registered office in Brougham Street, New Plymouth (hereinafter in this Act referred to as the club), is the owner in fee-simple in possession of the land described in the Second Schedule hereto: And whereas it is for the mutual advantage of the Corporation and the club that the exchange of the said lands authorized by this Act should be effected: And whereas by the Taranaki Botanic Garden Act, 1876, certain lands therein mentioned and described were vested in a Board of Trustees for public recreation as therein constituted in trust for a botanic garden and public recreation-grounds: And whereas the said Board in accordance with the provisions of the said Act acquired certain other lands in trust for the same purpose: And whereas the Governor-General, in pursuance of the provisions of the said Act, dissolved the said Board, and the said lands thereupon vested in the Corporation, to be managed in accordance with the provisions of the said Act: And whereas it is expedient that the powers of the New Plymouth Borough Council (hereinafter in this Act referred to as the Council) in respect of the said lands should be extended: And whereas the sum of three hundred and fifty pounds received by the Council as a bequest under the last will of Charles Score Sanders (deceased), late of New Plymouth, Retired Farmer, was by the terms of such bequest required to be used for the enlargement and improvement of the Rhododendron Dell in Pukekura Park, New Plymouth: And whereas the said dell is now and was at the time of the receipt of the said sum planted to its existing limits: And whereas it is not desirable to enlarge such dell, owing to experience having shown that the soil therein is not the most suitable for the growth of rhododendrons and the soil of the land immediately surrounding is less suitable: And whereas the Council is desirous of establishing a rhododendron garden on lands situate partly in the said park and partly in the recreation reserve owned by the Council and immediately adjoining the said park, and it is expedient that the Council should be empowered to use the said sum for this purpose: And whereas the Corporation under the provisions of the New Plymouth Borough Council and New Plymouth Harbour Board Empowering Act, 1933, acquired for the purposes of a recreation reserve the lands described in the Second Schedule to that Act (hereinafter in this Act referred to as the Brooklands Recreation Reserve): And whereas the Corporation has also acquired the land described in the Third Schedule to this Act for the purpose of a public plantation and also as a recreation reserve (hereinafter in this Act referred to as the Highlands Recreation Reserve): And whereas the Brooklands Recreation Reserve abuts upon the lands vested in the Corporation under the provisions of the Taranaki Botanic Garden Act, 1876, now and for many years past known as Pukekura Park, and the Highlands Recreation Reserve abuts upon the Brooklands Recreation Reserve: And whereas it is expedient that the Brooklands Recreation Reserve, the Highlands Recreation Reserve, and Pukekura Park should be amalgamated and be known as Pukekura Park: And whereas it is expedient to make special provision with respect to the expenditure of gifts or bequests of moneys to the Corporation in connection with Pukekura Park: