WHEREAS the parcels of land particularly described in the Schedule hereto are now vested in the Superintendent of Otago and his successors upon trust for public purposes: AND WHEREAS by the Public Reserves Act Amendment Act 1862 it is provided that it shall be lawful for the Superintendent and Provincial Council of any Province by any Act or Ordinance to be from time to time duly passed in that behalf to direct and declare that any lands vested in the Superintendent of any Province under the provisions of the Public Reserves Act 1854 upon trust for any public purposes shaft be transferred to and vested in and held by any Corporation, Commission or other person or persons having corporate succession to be named in such Act or Ordinance in trust for the like or for any other public purpose to be specified and declared in such Act or Ordinance in such manner and with such powers of lease, management, and disposition over the same and over all rents, issues, profits, and proceeds thereof, and other powers, provisions, and conditions as should in such Act or Ordinance be expressed or declared: AND WHEREAS it is expedient to make provision for the management of the said parcels of land in manner hereinafter appearing: AND WHEREAS by the Lawrence Athenaeum and Mining Institute Ordinance 1872 (O) the members of the said Institution were incorporated by the name of the “Lawrence Athenaeum and Mining Institute”
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