Lot 1.

Lease from the Crown of all the Coal in 990 Acres of Land, for Twenty-one years from 1st day of January, 1870, at a royalty of two per cent., which shall not be less than £16 a year. This is the Company's Coal Mine, and the seams have been driven into in several places. There are over 800 feet of iron tramway in the drives, and from thence there is an iron tramway about two miles long to the wharf. Part of the land over which this goes is the Company's freehold, the rest has been held under a lease at a peppercorn rent. Also, 2¼ Acres and 13 Sections of the Township of Ferntown, all freehold, on which are Six Cottages, Manager's House, Stables, Storehouses, a Pooley's Five-Ton Weighbridge with House, and the Wharf, with coal bunkers. This lot will include all the Plant on the above-described sections, which is everything necessary for working the Coalmine.