University of Otago Lands Trust Ordinance 1875 (O)

University of Otago Lands Trust Ordinance 1875 (O)

Provincial Act
Date of assent19 June 1875

In the 38th year of the reign of Her Majesty Queen Victoria

An Ordinance to declare certain trusts upon which certain lands in the Province of Otago are now held

  • Preamble

    WHEREAS the lands described in the Schedule to this Ordinance have been reserved as an endowment for a Colonial University: AND WHEREAS by the 30th section of the New Zealand University Act 1874 it is provided that all lands heretofore reserved for a Colonial University in the Province of Otago shall be deemed to have been reserved for the University of Otago established under an Ordinance of the Legislature of the said Province and shall be granted to such University upon such trusts as shall be specified in any Ordinance of such Legislature thereafter passed AND WHEREAS it is expedient to declare such trusts.

1 Short Title
  • This Ordinance may be cited and referred to as the University of Otago Lands Trust Ordinance 1875.

2 Lands vested in Otago University Corporation
  • it is hereby declared that the lands particularly scribed in the Schedule to this Ordinance shall be held by the Corporation of the University of Otago in trust for the purposes of a University within the Province of Otago.

3 University Corporation to manage lands vested
  • The Corporation of the University of Otago may manage the said lands in such manner in every respect as to them shall seem meet and shall have power and they are hereby authorised to lease the said lands or any part or parts thereof by deed under the common seal of the said University upon such terms and for such rent as they may deem expedient:

    Provided always that the term of any such lease shall not exceed 21 years to take effect from the date of the year of the said leases respectively.

4 Application of money
  • All money received by the University of Otago for rents, issues, profits, and proceeds of the said lands shall be applied and disposed of by the said University of Otago for such purposes as the Corporation of the said University shall determine.


Schedule

All that area in the Forest Hill and Lindhurst Hundreds being sections 132 Forest Hill and 5 Lindhurst Hundreds containing 10,000 acres more or less bounded towards the west by the public road forming the east boundary of Section thirty-two (32) block one (1) Forest Hill Hundred towards the northwest by the road reserve one hundred (100) links wide along the bank of the Hedgehope stream towards the north-east by a Government reserve one thousand five hundred and forty (1540) links or thereabouts again towards the north-west by the said Government reserve two thousand three hundred and ninety (2390) links towards the south-west by the aforesaid reserve one thousand and eighty (1080) links or thereabouts again towards the northwest and towards the north by the road reserve one hundred (100) links wide along the bank of the Hedgehope, on the east by a line running due south thirty-nine (39) chains distant eastward from Trig Station Y Forest Hill Hundred and towards the south and south-west by the Titipua to its junction with the road forming the west boundary of Section thirty-two (32) aforesaid.