DEPARTMENT OF LANDS AND FORESTS FOR 1930 69 



regulations as may be hereafter passed or enacted relating thereto, the following 

 prices for said timber: 



Spruce Pulpwood — per cord, Crown dues $1.40, bonus $0.75, making a 



total of $2.15. 

 Balsam Pulpwood — per cord. Crown dues $0.70, bonus $1.45, making a 



total of $2.15. 

 Poplar Pulpwood — per cord. Crown dues $0.40, bonus $0.30, making a 



total of $0.70. 

 Whitewood Pulpwood — per cord. Crown dues $0.40, bonus $0.30, making 



a total of $0.70. 



20. It is distinctly understood that the Grantee obtains the right to cut 

 the said timber only and has no right to the soil of said area or to the use thereof 

 except as may be necessary for cutting and removing the said timber as afore- 

 said, subject to such terms, conditions and regulations as to the cutting, measur- 

 ing, removing and driving of the same as may from time to time be imposed 

 by the Lieutenant-Governor in Council. 



21. All pulpwood cut on said area shall be used for the supply of and shall 

 be manufactured at the said mills. 



22. The cutting and removing of timber on said area or any part thereof 

 shall not be deemed to have been completed until it has been examined by an 

 officer of the Crown nor until such cutting and removing shall have been 

 declared satisfactory by the Minister. 



23. When one or more of the classes of pulpwood timber covered by this 

 agreement are not required or are not being cut for and manufactured into the 

 finished product by the Grantee or its subsidiaries, the Crown, to prevent 

 deterioration and to provide for reforestation, may undertake to dispose of it 

 or them in such a way and under such terms and conditions as the Minister may 

 deem advisable. If and when any question of dispute arises as to whether 

 such one or more classes of timber are not so required, or are not being so used, 

 the Minister shall be the arbiter and his decision shall be final and conslusive. 



24. The Grantee shall furnish the Department of Lands and Forests, when 

 required so to do by the Minister, with types and samples of the product or 

 products of the timber taken from said area. 



25. The Grantee hereby covenants and agrees to and with the Minister to 

 observe, perform, and keep all the covenants, agreements, provisions and con- 

 ditions on its part herein contained. 



26. The Grantee shall furnish a bond of an approved guarantee company 

 in an amount satisfactory to the Minister to secure the performance of its 

 obligations hereunder. 



27. Failure to employ the men as hereinbefore set forth or to observe, 

 perform and keep one or more of the covenants, agreements, provisions and 

 conditions on its part herein contained shall subject to the provisions contained 

 in paragraph 2, hereof, forfeit all the right of the Grantee hereunder, and shall 

 cause the deposit hereinbefore mentioned to be forfeited to and become the 

 absolute property of the Crown. 



28. If upon the termination of said period of twenty-one years the Grantee 

 shall have fully performed the terms and conditions hereinbefore set forth to 

 the satisfaction of the Minister, it shall be entitled to an extension hereof for a 

 further term of ten years upon such terms and conditions (including the prices 

 to be paid for wood and timber) as may then be fixed by the Minister, and at 

 the expiration of such period of ten years to a further extension of ten years 

 upon such terms and conditions (including the prices to be paid for wood and 



