Milsom Petroleum Agreement Ratification Act of 1923 (14 Geo v No. 30) (Qld)

LOCAL AUTHORITIES.-MINING. 14 GEO. V. No. 30, 1923. The Milsom Petroleu.m Agreement, Etc., Act. (5.) Every special rate levied by either the Council of the rrown of Southport or the Council of the Shire of Nerang upon the lands from time to time situated within such area or areas shall be and be deemed to be a separate rate levied under the provisions of *" Tlte Local Authorities Acts, 1902 to 1922," and shall be recoverable accordingly. (6.) Notwithstanding the provjsions of any law to the contrary, the Secretary for Public Lands may sell to the Council of the Town of Southport and such Council may purchase from the ~ecretary for Public Lands the said quarry and all machinery, plant, and appurtenances of the Secretary for Public Lands in connection therewith, and all the right, title, and interest of the Secretary for Public Lands in and to the hereinbefore-recited Agreement of the ninth day of August, one thousand nine hundred and twenty-two, upon such terms and conditions in all respects as are mutually agreed upon, and in particular upon terms that the purchase money will not be payable in cash but will be payable (together with interest thereoD at such rate as is mutually agreed upon) by instalments of such amounts and payable at such times as are mutually agreed upon. 10867 METROPOLITAN WATER SUPPLY AND SEWERAGE. See WATER. MILSOM AGREEMENT. See MINING. MINING. An Act to Ratify an Agreement between the 14 Geo. v. Secretary for Mines and Duncan Charles TH: o~ ~ OM lVIilsom relating to the Grant of Certain ~ ~ ~ ! ~ ~ E~ Licenses to Prospect for Petroleu.m. RATIFICA- TION [ASSENTED TO 12TH NOVEMBER, 1923.] ACT OF 1923. B E it enacted by the King's Most Excellent Majesty, by and with the advice and consent of the Legis- lative Assembly of Queensland in Parliament assembled, and by the authority of the same, as follows:- 1. This Act may be cited as "The Milsom Petroleum Short title. Agreement Ratification Act of 1923." " 2 Edw. VII. No. 19 and Amending Acts, supra, pages 1860 et seq., 5653, 5918,8304, 9571, and 101215.

10868 MINING. Milsom Petroleum Agreement Ratification Act. 14 GEO. V. No. 30, Ratification 2. The agreement, a copy whereof is set forth in o ag f reement. the Schedule to this Act, made by and between the Honourable Alfred James Jones (Secretary for Mines) for and on behalf of the Government of Queensland and Duncan Charles Milsom, for the grant to him and certain named persons of licenses to prospect for petroleum, and other purposes therein expressed, is hereby ratified and confirmed and declared to be binding for all purposes, and the Secretary for Mines is hereby authorised and empowered to carry the same into effect. SCHEDULE. AGREEMENT made this twelfth day of October one thousand nine hundred and twenty-two BETWEEN THE HONOURABLE ALFRED JAMES JONES of Brisbane in the State of Queensland Secretary for Mines (hereinafter called "the Minister" which expression unless the context otherwise requires shall include the said Alfred James Jones and his successors in office) for and on behalf of the Government of Queensland of. the one part and DUNCAN CHARLES MILSOM of Sydney in the State of New South Wales of the other part WHEREBY it is agreed as follows:- 1. The Minister will on application in due form forthwith grant to each of them the said DUNCAN CHARLES MILSOM and the other five persons named in the Schedule (hereinafter called "the licensees" which expression shall also include the company referred to in clause ten) a license to prospect for petroleum as follows:- The areas contained in the licenses shall be in One block and contiguous as far as may be to each other and each license shall be for a period of five years and for an area of two thousand acres and the total area of such licenses shall be the lands set out in the description attached to the applications for the licenses and for the purposes of identification signed by the parties hereto and which said lands are hereinafter referred to as "the area" PROVIDED THAT no such license shall be in. respect of any land within a radius of twenty-five miles from the Post Office at Roma in the said State. 2. The licensees shall be permitted and allowed to develop the area in respect of which the said licenses shall have been granted for the period of the license viz. five years or for any lesser period as they may desire before being called upon to take out leases as provided by *" The Petrolewrn Act of 1915." 3. The lessees shall have the right to take up under *" The Petroleum Act of 1915" at any time before the expiration of the said licenses leases within the .area covered by the said licenses but such leases shall not exceed six in number and the aggregate area of all such leases shall not exceed one thousand acre!!. • 6 Geo. V. No. 23, 8upra, page 6983.

1923. l\lIXING. j}[ilsom Petro:eum Agreemcnt Ratification Act. 4. The Minister and the Government of Queensland shall and will protect the licensees against interference in their enjoyment {)f the said licenses and/or leases from off-setting fogging flooding ()r other artificial or natural means by refusing to grant to any person or body corporate or incorporate the right to bore and by itself refraining from boring within such part of the area covered by the said licenses as shall be necessary to protect the geological structure of the land from which the licensees may be obtaining petroleum during such time as the licensees are actually and TBasonably continuously working and producing petroleum from the land so licensed or leased. 5. The ::\finister may in his absolute discretion permit and suffer the licensees or any of them to shift the location of all or any of the said six leases granted in terms of this agreement at any time PROVIDED THAT the area to be comprised in such lease shall be within the area covered by the said licenses. 6. That the said DUKCAX CHARLES MILSOl\f shall be and be accepted as the duly authorised agent and representative of each {)f the licensees to search for petroleum on the said area. 7. That the licensees shall in the event of their producing petroleum from the said area have the right to erect such plant and machinery as shall be requisite and necessary for the proper conduct of the mining operations and the refining and conservation of the petroleum recovered from the said area and the Minister will not unreasonably hinder the licensees from obtaining the necessary right of way to lay down pipes for the delivery of petroleum. 8. That all the petroleum recovered from the said area shall be the property of the licensees who shall pay to the Crown a royalty at the rate of twelve and one-half per centum of the gross value of such petroleum. None of the persons mentioned in the Schedule nor anyone claiming through them shall be entitled to or receive the Reward to Discoverer provided for in clause 9H (2) of *" The Petroleum Act of 1915." 9. That DUNCAN CHARLES MILSOl\f shall forthwith scientifically search for petroleum on the said area and will erect a boring plant thereon and in so doing 'Will within the first two years of the term (If the license spend such sum or sums of money up to Fifty thousand pounds as shall be necessary to produce petroleum or prove that the said area is barren. 10. That the licensees shall have the right to form and register a limited liability company and to operate and work the said area in the name of such company but shall not issue or publish any prospectus of such company or otherwise than by private contract sell or offer to sell or advertise for sale any shares in any such company before the first bore shall have been sunk and completed 11. Boring operations shall be commenced within nine calendar months from the date hereof and thereafter shall so far as reasonably may be possible proceed with all despatch. •' 6 Geo. V. No. 23, supra, page 6983. 10869

10870 ~ II~ ING. lIfilsom Petroleum Agreement Ratification Act. 14 GEO. V. No. 30,1923. 12. The said licensees shall not nor shall any of them transfer assign mortgage eharge sublet or in any way set over to any person the said licenses or any of them or any part thereof or any leases or any part of any. of them which may be given under or in pursuance of these presents save and except to any Company registered by the lieensees for the purpose of working the said area or any part thereof and then only on condition that such Company covenants with the Minister in terms similar to the provisions of this clause this present exception only excepted. 13. Clauses eleven and twelve hereof shall be embodied in such licenses and leases as conditions on breach whereof in respect to any license or lease the Minister may forthwith cancel all the said leases or licenses. 14. So far as he shall not unreasonably be inconvenienced thereby the said DUNCAN CHARLES MILSOM will place his knowledge skill and advice at the service of the Minister and of the said State at all reasonable times. As WITNESS the hands of the parties this day and year first .abovewritten. THE SCHEDULE ABOVE REFERRED TO. 1. Duncan C. Milsom. 2. Allan Taylor. 3. J ames Burns. 4. Ernest Albert Lawrence. u. William A. Doyle. 6. Ernest A. Harris. 8lGNED by ~ he said ALFRED ~ ~ \ ' MES } ALPHED J. JONES J ONES III the presence of H. J. HENCHMAN, Acting Crown Solicitor. AND by the said DUNCAN CHARLES l D C lVrILSO"I MILSOM in the presence of f ' . ~ . l ~ l • ERNEST A. LAWRENCE, Solicitor, Sydney. NERANG RIVER BRIDGE. See LOCAL AUTHORITIES.