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THE PACIFIC COMMERCIAL ADVERTISER, OCTOBER 14, 1834 two lotswhcre one of them is kula land only and one is wet or kalo land onlv. Minister o the Interior. Section 8. Upon receiving written applications for any of the said lots, the same shall be fded with the date of their receipt, in case two or more persons applying for the same lot, the one whose application is first received shall have the precedence ; provided, 'however, that if he should not attend in person or by attorney at the office of the Minister of the Interior within one week from the time of the receipt of his application, the second one applying shall have the prece dence of all others in the same manner, and so on as to othor applicants. Upon considering the respective applications the Minister of the Interior shall grant the same upon the payment by the applicant of ten dollars for the expense of the papers, the quarter-yearly rent or interest in advance, as provided by the written agreement between the Minister of the Interior and the applicant, as hereinafter set forth, and the execution by the applicant together vi the Minister of the Interior of such written agreement in duplicate, and shall deliver to such applicant one of such duplicates, duly stamped, which shall entitle him to the immediate possession of the lot or lots of land therein described, according to the covenants and stipulations thereof, and which shall be admitted as evidence without further proof in all Courts of the Kingdom. Such agreements shall be in substance as follows: Minister of the Interior in behalf of the Hawaiian Government, the party of the first part, and of of the Island of the party of the second part, agree as follows : The party of the first part agrees to sell, and the party of the second part agrees to purchase the lot numbered upon the survey of land under the Homestead Act number in the District of Island of including an area of -acres, in five years from this date, at the price of dollars. It is futher agree that the party of the second part may take immediate possession of the said premises and hold the same, as hereinafter provided, for the term of five years, without being subject to the payment of taxes therefor, and shall within one year from this date build a dwelling house upon the said lot (in case two lots are taken, describe the lot of kula land by number) and begin to occupy the same, and shall continue to use the same as his residence for the remain der of the said term of five years, and shall within two years from this date enclose the said lot (in case two lots are taken, describe the. lot of kula land by number) with a substantial fence, and shall pay quarterly in advance dollars (a sum representing the quarterly interest of the said purchase price at the rate of ten per cent, per annum) to the party of the first part, and at the end of said term shall pay in full the said dollars (the purchase price) or any part of the same that shall at that time remain unpaid or shall deliver a mortgage of premises tosecure the said sum or such unpaid 'balance at own expense, for a term not less than one year or more than five years, as the party of the first part shall decide, with interest at the rate of ten per cent, per annum, payable semi-annually in advance. Upon the receipt of such sum of money, or unpaid balance thereof, or such mortgage , the party of the first part shall deliver to the party of the second part, or his heirs a Royal Provided, however, if the party of the second part shall not place a dwelling house upon the said premises, and begin to use the same as a dwelling house within one year from this date, or shall not continue to live upon said premises for the rest of the said term of five years, or shall not fence the said lot (in case two lots are taken, describe the lot of kula land by number) within two years from this date with a substantial fence, or shall fail to pay the said interest as the same shall become due, or shall not pay the said sum of dollars (purchase price) or the unpaid balance there of at the cud of the said five years, or in lieu thereof deliver a mortgage as aforesaid, to the party of the first part, these presents shall thereby become void, and the party of the first part, may thereupon without notice, demand or legal process, take possession of the said premises, with all improvements r r w iiiuT nil i miii'iiiiii - i f i i'imiiiii i . i t l i . v ill i r . ni.i.u nil Lllllb 111 LB V AJ - LlllJ A UUlJi L A A -A, 1 VliiV V w v w - j A r part, and all persons claiming under him, and their effects. It is hereby further agreed that the party of the second part," or his heirs, shall not. assign this assignment, and any such assignment shall cause this agreement to become void as hereinbefore set forth.' The party of the second part may under this agreement, 7ay the whole or any part of the said purchase price ; at any time at his option, before the termination of the said five years, and upon any such payments shall be allowed a corresponding reduction of the amount of interest money hereinbefore stipulated, but he shall in no case be entitled to a Royal Patent of the said premises until after the end of the said term of five years, and his substantial performance of the stipulations of this agreement to bo performed by him. In case of the death of the party of the second part before the expiration of the said five years, all the rights and benefits of this agreement shall rest in his heirs according to law, subject to their completion of the performance of the stipula tions thereof to be performed by the party of the second partl Section 4. The charges and fees of tho surveyors and appraisers, and other expenses required under this Act shall be paid from moneys in the Treasury not otherwise appro priated. Tho fees of the said appraisers shall be five dollars a day a piece. Section 5. This Act shall take effect from and after the date of its publication, the requirements of an Act approved the 25th day of September, A. D. 1876, as amended by an Act approved the 30th day of July, A. D. 1878, to the contrary notwithstanding. Approved this 29th day of August, A. D. 1884. tP KALAKAUA, REX. AN ACT The Hawaiian Postal Savings Bank. Act bcim an Act, to encourage the deposit of small savings at interest with the security of the Government for repay ment thereof. Beit Enacted by the King and the legislative Assembly of the Hawaiian islands, in the legislature of the Kingdom assembled : Section 1. There shall be established in the General Post Office at Honolulu, as a part of the Bureau of the Hawaiian Postal Service, a Savings Rank, to be known as the " Hawaiian Postal Savings Bank' of which the Postmaster General shall be ex-officio manager. Section 2. It shall be lawful for the Postmaster General to authorize and direct such of his officers, as he shall think fit, to receive deposits and to repay tho same, together with the interest accruing thereon, under such regulations as may be prescribed under the authority of this Act; provided always, that such deposits shall not be of less amount than quarter of a dollar, or a multiple thereof. Section 3. Every deposit received by any officer so authorized by the Postmaster General, shall be entered by him at the time in the Depositor's Book, and the entry shall be attested by the said officer, and the dated stamp of his office, and the said officer shall, without delay, report the amount of such deposit to the Postmaster General, and the acknowledg ment of the Postmaster General shall forthwith be transmitted to the depositor; and the said acknowledgment shall be conclusive evidence of the claim of the depositor to the repayment of such deposit with the interest thereon, on demand made by him in the manner hereinafter provided. Section 4. On demand, by notice upon the Postmaster General in such form as may be prescribed in the regulations made under this Act, by a depositor, or party, legally author ized to claim on account of a depositor, for repayment of any deposit or part thereof, the authority of the said Postmaster General for such repayment, shall be transmitted to the depositor forthwith, who shall be absolutely entitled to payment of any sum or sums which may be due him, within twenty-one days after sending said notice; and the officer making said repayments shall enter the same upon the book of the depositor, and attest by his signature and the date stamp of his office. Section 5. The officers engaged in the receipt or payment of savings deposits shall not disclose the name of any depositor nor the amount deposited or withdrawn, except to the Postmaster General or to such officers as may be appointed by him to carry this Act into operation. Section 6. The rate of interest payable on deposits made under this Act shall not exceed five per centum per annum, nor shall interest be paid upon deposits exceeding, at any one time, one thousand dollars. Interest shall not be calcu lated on any amount less than five dollars, or some multiple thereof, and not commence until the first day of the calendar month next following the day of deposit; and shall cease on the first day of the calendar month in which such deposit is withdrawn. Section 7. Interest on deposits shall be calculated to the thirty-first day of December, in every year, and shall be added to and become a part of the principal money. Section 8. All monies received by the Postmaster General, as deposits in the "Hawaiian Postal Savings Bank" in excess of twenty-five hundred dollars shall be paid into the Treasury, and the Registrar of Public Accounts shall open in the books of the Treasury an account to be called the " Ha waiian Postal Savings" to which he shall credit all deposits made on this account, and he shall debit such sums as may be drawn on warrants issued by the Postmaster General, for payment of sums due to depositors. All moneys received to this account, as well as the reserve in the hands of the Postmaster General, as ex-officio manager of the Hawaiian Postal Savings Bank, shall be deemed and treated as part of the public debt for which the Treasury is responsible to the depositors, and the account shall on the first day of January, and the first day of July be credited with interest on the balance to credit of the account as on those days, with six months interest at six per centum per annum. Section 9. If at any time the moneys paid into the Treasury on account of the Hawaiian Postal Savings Bank, and the interest accrued thereon, shall be insufficient to meet the lawful claims of the depositors, it shall be the duty of the Minister of the Finance, on a warrant of Minister of the Interior, to pay the amount of such deficiency out of any moneys not otherwise appropriated, and ieport said amount to the next ensuing Legislative, Assembly. Section 10. An annual account of all deposits received and paid out under authority of this Act, and the expenses incurred during the year ending, December 81st, together with a statement of the total amount due at the close of the year to all depositors shall be made by the Postmaster Gen eral to the Minister of the Interior, who shall lay the same before the Legislative Assembly at its next ensuing session; and the Auditor General shall make an examination of the books quarterly, and report to the Minister of the Interior. Section 11. The Postmaster General, with the consent of the Kin"- in Privy Council, may make, and from time to time as he shall see occasion, alter all needful regulations for carrying this Act into execution; and after publication such regulations so made shall be binding on the parties in the subject matter thereof to the same extent as if such regula tions formed part of this Act. Section 12. The books of the Hawaiian Postal Savings Bank shall be opened, and the manager shall receive all deposits oftered on and after the first day of January, A. D. 1885. . . r 1 . Section 13. All expense incurred in the execution of this Act shall be paid out of the iucome derived 'under its authority; provided, however, should such income prove insufficient during the current biennial period, any excess of expense may be paid from the incidentals of the General Post Office. Section 14. Married women and minors may, in their own right, make deposits and receive repayment, giving valid receipts theretbr. . Section 15. This Act shall take effect from and after the date of its publication. Approved on this 29th day of August, A. IX 18 34. KALAKAUA, RKX. Almost Fire. McCarthy's cigar store, in the saloon part of what used to be Hart't Astor House, came very near being the scene of a confla gration J last Friday evening. The chim ney of ono of the kerosene lamps burst, and tho flame attached to some inflamma ble material, but fortunately it was dis covered in time and extinguished. Tlie Jlecliauics Uoiicfit Union. This Society held its annual moeting on list Friday evening, at the Hall of Mechanic Engine Company No. 2, on Union street. The reports of tho officers show a credit able condition of it3 financial afi&irs. After having paid out nearly six hundred dollarn to beneficiaries, there remains nearly $2000 in tho treasury. The election of officers for the ensuing year resulted'in the choice of the following persons : President, Thomas K. Lucas ; Vice-I?resident, Thos. Sorenson ; Secretary, William Auld ; Treasurer, J. F. Colbnrn. Executive Committee : Messrs. F. Johnson, II. Dreizehner, and Geo. Norton. A banquet followed the election, which was properly appreciated by those present. Tho Hawaiian Bark Ausnsts. Later dates from Port Townsen give tho ttate of tho case of the Hawaiian bark Au gusta, particulars of whose disaster hare already been published in this paper. The case came up before Judge B. 8. Greene of the U. S. District Court at Seattle. The tugs put in a claim for salvage; tho sailors libelled for wages; the agents for advances, and the Captain put in an appearance for The tow boat tried to get everthing and leave the crew and Captain out in the cold. The case was still pending on the 18th of September, bat all partieswere in clined to compromise. After tho sale of thebark by the U. S. Marshal, which was to take place on the 24th September, and the price she realized will determine the amount each claimant ia to receive. She Translated It. Jones bought a new hat, on the inside was tho motto, " Moveo et proficio." Ho took some pains to find out the meaning of the words, and at an evening party in troduced the subject ; but when ho at tempted to translate it he couldn't remem ber it, and appealed to his wife. "Maria' he said, "do you remember what was in my new hat when I brought it home Saturday ? " "Perfectly," said Mrs. Jones with her usual composure. " And what was it ? M he asked, look ing round on the company as much as to say, "Now you will see what a scholar my wife is." "A brick,' ' was ihe crushing answer. , BTews From the Sontliwar!. By the courtesy of the . Hon. T. S. "Walker we are placed in possession of tho following news items: The tern Fromier, Nelson Master, from Sydney to San Francisco, sprung a leak, and after a protracted passage and great priva tions, made Fanning's Island on the 5th of April last. On entering that harbor tho vessel got on the reef, but with the aid of tho guano laborers was got off and dis charged of her cargo of coal now lay. Th Master and crew took passage in tho Malalo to San Francisco. The wandering Sprite was loading guan at Fanning's Island for Queenstown, and was about ready for sea with 1200 tons on board. Tlie Office f Presiden t. There is no other civil office known, among men thatj is so well worth of am bition and effort. To rule 50,000,000 f people, the most intelligent, the most virtuous, the richest and most powerful on tho globe; to rule them by their own free choice, as the man of all their num ber whom they most desire for this un paralled distinction; to promote, improve and develop the institutions they havo in herited from their fathers; to supply tho deficiencies and cure tho imperfections that time and experience) have discovered in their administration; to reform tho abuses that human weakness and de pravity have established and exaggerated; to introduce new ideas of legislation and policy in furtherance of the original principles and purposes of the republic; to maintain the dignity of law-abiding freedom among the peoples and powers of the world; a3 the first citizen in this mighty Government, to bear its authority and speak its voice before all mankind; does not all this indeed constitute the highest public honor that any man can receive from his followers? Is there any other post of political power and emi nence so worthy to be sought for by great men and great parties? No King or Kaiser is equal to the President of the United States. New Yor k Sun.