9

D.—sb

No. 4. THAMES VALLEY AND EOTOEUA EAILWAY AGEEEMENT. This Deed, made the fifteenth day of May, 1885, between the Thames Valley and Eotoeua Eailway Company (Limited), hereinafter, with its successors and assigns, included in and referred to as " the company," of the one part, and Her Majesty the Queen, of the other part. Whereas the company has been formed for, inter alia, the objects hereinafter mentioned : — I. To construct a railway, with all convenient branches, under the provisions of an Act of the General Assembly of New Zealand intituled "The District Eailways Act, 1877," or any subsisting statutory modification thereof or otherwise, from Morrinsville, in the Provincial District of Auckland, in the Colony of New Zealand, to a point within the Mangarautawhiri Block, in the County of Piako, in the said provincial district, and also to equip with rolling-stock, machinery, and plant, and tomaintain and work the same ; 11. To construct a railway, with all convenient branches, under the provisions of an Act of the General Assembly of New Zealand intituled " The Eailways Construction and Land Act, 1881," or any subsisting statutory modification thereof or otherwise, from a point within Mangarautawhiri Block, in the County of Piako, in the Provincial District of Auckland, in the Colony of New Zealand, to the Village of Ohinemutu, in the said provincial district, and also from any other point or place to any other point or place, both being within the said Provincial District of Auckland, which respectively the company may from time to time determine, and also to equip with rolling-stock, machinery, and plant, and maintain and work any railway so constructed ; 111. To make any machinery, and to construct or contribute to the cost of constructing any buildings or works, necessary or convenient for the purposes of the company, or calculated to promote the interests of the company ; IV. To purchase, take, lease, exchange, hire, or otherwise acquire any real or personal property, or any rights, easements, or privileges, necessary or convenient for the purposes of the company, or calculated to promote the interests of the company ; V. To contract for the acquisition of, and to manage and improve, any land to be granted to the company by the Government of New Zealand, with power to found on such land towns or villages, with roads, streets, public places, and all necessary accessories, to drain and build upon the said land, and to sell, lease, mortgage, or otherwise deal with the same ; VI. To acquire, by purchase or otherwise, from any person or persons, any other land adjoining the said railway or in the neighbourhood thereof, or which land so acquired will be benefited by the construction of the said railway, with a like power of managing and improving the same, and of founding towns and villages, with all necessary accessories, selling, leasing, mortgaging, or otherwise dealing with the same; VII. To enter into contracts with any person or persons, or other companies, or the Governor or the Government of the Colony of New Zealand, as to the running powers, interchanges of traffic, or otherwise, in relation to the development of the property of the company, and to do all such thingß as are conducive to the carrying on of the business of the company ; VIII. Either in the Colony of New Zealand or elsewhere to borrow money, and raise and take up the same at interest, by the issue of or upon bonds, debentures, bills of exchange, promissory notes, or other obligations or securities of the company, or by mortgage, pledge, hypothecation, or charge of the goodwill of any railway construced by the company, and all or any of the property of the company, or of its uncalled capital, or of its revenues or income, or by all or any of the aforesaid means combined, or in such other manner as the company shall think fit; IX. To draw, make, indorse, accept, negotiate, and execute bills of exchange, promissory notes, and other negotiable instruments ; X. Either in the Colony of New Zealand or elsewhere to sell, mortgage, lease, let, or hire, or dispose of all or any railways constructed by the company, and the goodwill thereof, and the rollingstock, material, plant, and all other property of the company, or any part thereof, respectively ; XL To sell, mortgage, or lease as a whole, or in one or more lot or lots, and either in New Zealand or elsewhere, any lands which may become the property of the company by virtue of the provisions of " The Eailways Construction and Land Act, 1881," or otherwise howsoever, or which the company may have power to sell, mortgage, or lease; XII. To do all necessary and proper acts and things for the purposes of procuring to be passed and enacted by the General Assembly of New Zealand an Act or Acts of the said Assembly whereby the said company may be enabled to construct and maintain the said railway from a point in the said Mangarautawhiri Block to the said Village of Ohinemutu, and to obtain thereby and thereunder all and every the like benefits and advantages which the said company would have obtained had the said railway been made and constructed under " The Eailways Construction and Land Act, 1881;" XIII. To do, perform, and execute all such acts and things as the company, within the meaning of " The District Eailways Act, 1877," aforesaid, and "The Eailways Construction and Land Act, 1881," may or ought to do, execute, or perform, or as shall be necessary or desirable, so as to comply with the provisions of the said Acts or any subsisting statutory modification thereof, and to obtain the full benefit and advantage of such provisions ; XIV. And generally to do all things whatsoever, directly or indirectly, incident to the abovementioned undertaking, or to carry into effect the purposes of the said Acts : And whereas the company has constructed part of the said lines of railway from Morrinsville to Lichfield, within the Mangarautawhiri Block aforesaid, and has erected and constructed certain stations, buildings, and sheds, and other conveniences, for the purposes of the said railway : And 2—D. sb.