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THE SALE OF RUNS

Tho sale of runs iu the northern division of Canterbury was held at Obristohuroh yesterday, in the Provlnolal Oouooll Chamber, wbloh wh crowded to ove'fbwlng. Tbe chief surveyor, Mr Baker, was tbe auotloner, and after reading the oondltlona of sale called attention to the vary stringent provision* of the Act as to tbe observance of the oondltlons, and the provision! for forfeiture In event of nonoomplianoe Th? Board had, on the recommendation of the (Jommlaslonerp, introduced two cew clauses, namely, that the tenants shonld clear the land of sweet briar and gorge, which tho Board Intended to enforou strictly, and that the country ahould not be barned, except at particular parts of the year under pain of pouaUy or ferfeltnro. Aa to the Midland Railway ares, the rana were sold ob twelve monlha' notlop, whfoh might ba given to tho Government by tha Oonjpaoy of their Intention to select. Tha i>a'e somcnenoed (says the "Press") with Blaokford dtatloo, Anhbarton, of 55,000 acres, the npset rental botng £600 per annum. Thurp waa no eflhr, and the run was pißßed in. The next waa A'ford jMIou, Aahbortoo, 30,000 aoros, rental £330 p r mnam, This brought oat some spirited bidding bsttreen two gentlemen, and ultmataly Mr Graham eeoared the ran at £610 per annum MoOrae'e station, Aehburtou, was next tfifared, and after a bit of a spurt It was knooked do*n to Mr McOrae, the eld tenant »t £60. Mount Somern station came next, and this fell to the bid of Mr Paaohe at £260, a result whloh waa greeted with cheers. An am t came next, end this provoked some spirited bidding, running op to £600, at which prioe it was pan abased by the present tenant, Bon W. 8. Peter, ajaldat applause, Shepherd's Baah station came next, and after a smart oonteat was purchased by Mr Morrow for £520, Mount Possession wag the next run offered, being an educational tesetve the land, as explained by Mr Baker, was always open for sale at £2 per acre, The ran caused some oompetltlon, ultimately being knooked down to Mr W. 0. Walker, the present tenant, at £700> Another pare of tho same station was then pat up and bought by Mr W. 0. Walker for £880, after a very exciting duel between some me in the boiy of ihe hall and Mr Walker. Mesopotamia station was next ofiered, whioh was aleo partly an edaoationai reserve and Grown land. This went to Mr McMillan at the upset price. A second portion of the same station went to the tame buyer at the upset prlo3, and the same remit followed the offer of a third portion of the same station. MoOrae's station was next pat up, and cold at the upset price to Mr MoOr*e. Hakatero station, Athborton, came next, and this wss pur. ohaied at the upiet rental by the New Zealand Loan and Mercantile Agency as was also the next lot, being part of 1 the same ran. OUnt Hills station was the ntfxt to come under Mr Baker's harame*. and after an oxoltlng little contest, In which the "tenner" bids were fast and furious, It was knooked down to Mr Harrison at £860. Dnnbur's station was bought at the upset price by Me Danbar, Lake Heron station brought a brisk fire of Wdi, Mr Baker having trouble In keenlne oount of tbe £10 bids. Ultimately It fell to Dalgety and 00. for £410 Double Hill No; 1 aame next and after » smart oontest, this brought £1060, at wbloh price It was knooked down to Mr Gerard. Double Hill No. 2 was than offered and fell to Mr Gerard for £650. amldat applause. Three Educational Reserve* within the Midland Railway area wsra then offered, the first being Lake Coleridge Station* This, after a brisk interchange of bids, fell to Messrs Neave and Spenoe at £860 Oralglebnrn Station wa» next offered, and provoked oonslderable compaction. It vas ultlraat«ly knocked down to Mr Stronaoh at £1320. Graamere was the next, and this was bought by MrF. G. Dah?eiy at tbe upiet price. Horßloy Down station came nexk, ond for this there keen competition ensued up to £460, at whloh prloe It w* a scoured by Mr L»noe amid cheers. Virginia station, part of the Horsley Downs was secured by Mr Lanoe at £560. Loburn station brought £60, at which price It fell to Dalgety and Oo flak Head station, Ashley, provoked some competition, being bought by Mr Dampler-Orossley at £680. The Lakes station only brought the upaet price, being bought by the Bank of New Soolh Wales. Snowdale station was bought by Milton Bros, for £500. Wharfdale station provoked some competition, and fell to Mr Oiark at £570. The same buyer secured the two lots of Glentui station at upset rentals. Woodstock station was passed In. Burnt Hill station fell to Mr Pearson at the upsot rental, amid applause, Tbe Wanen brought £50. being purohased by Mr Langton, the present tenant. Worlinghum station went at the upset rontal to Mr Pearson. Eyre. well station went at the upset prloe to Mr M. Dixon. The Point ntatlon only realised the upset prlop, Mr Phillips being the purohaeer. Rook wood station was next offared, and fell to Mr P. Cunningham at the opaet price, Run 168*, Rakais Gorge, a little pleo* of 200 acres, came next, aad realised £14. SteventOn station was then pat up, and knooked down to Mr Oordy at upset prloe. The Grassdale station, Selwyn, fell to Mr Matbeson at the upset prloe. Bentnore station came nex% and was sold to Mr G. Rutherford at £120. Snowdon station brought £800, at whloh prioe Mr Gerard was deolarod tho purohaser. Brookdale station, ttelwyn, was next effwed and brought the upset pr/oe, Oast/e Hill station brought tbe upset price, Mr J. D Enya being deolared the purchaser amid cheers. Avoca station caused a little flutter amongst the b ! dd rs. and It was ultimately knooked down to Mr Stronaoh at £130. Oora Lynn station also pro* vokod competition, whioh, however, oloeed at £290, at whioh price the Now Zealand Loan and Mercantile Agenoy was declared the purohaßer. Biversdale station fell to the same bayer at the upset price. Mount White station was also bought by tho flamo purchaser at the upaet price, and the same result took place as regarded the Lochinvar country. Aoheron Btation fe'J to Mr Murohison, the present ocoupior, at tho upaot prlco, amid loud cheera. Lake Oolondgo station only brought tho upaet prioe, Messrs Sponoe and Noave being tho purchoHors. Glenthorno station was passed in Rakaia Forks fell to Bond Bros., the present occupies, amid choors, at the upaet pricJ, this oloaing tho Ba'e. Tho fo lowing nre the details of the ealo of tho runs in the Aehbijrton dietriot : —

"Blncfreort (Kqn No. 100), 35.000 aorta, 13 yours, fix»d' rontal' £$OQ, n tfc $old ; Alford MO2), 30,000 acres, 13 yeura/fixed rental $330, purobaeer Mr Graham, rental realised £540; MoOrae'i (103), 1,800 acres, 13 years, fixed rental £35, pnrohaser Mr MoOrae. rental realised £70 ; Mqyot Burners (104), 12,700 aores, 13yrs". fixed rental £235. Mr' Peaohe, £260; Anaraa, (106) 7,00,0 acres, 0 years, fixed rental £235, Hon.' W. 8, Peter, rdntal rental rea'ised £693 ; Shepherd'a Baib (107), 7300 aores, 9 years, fired rental £g3Q, Mr Morrow, ronlai realiped £520 ; Mount Po«B08Sion (108) 15,400 acroa, 13 yeare, fixod rentol £300, Mr W. O Walkor,' rontnl roalsod £700 j Mount PoHseeßion (109), 15,400 aores, 13 years, fixed rontal £300, Mr W. O Walker, rental roaliaod £880 ; Moaopotamk (110) 81,900 acr«e, 20 yoata, fixed rontal £630 Mr McMillan, rental roaliaed £530 ; Moaopotim ; a (110«), 14.C00 acres, 20 yoars, fixod rontal £10, Mr MoMillo>i, rental reallßod £10 ; MoMopotamia (111) 18,f>00 aores 20 years, fixed rental £00 Mr MoM'liaD, rental rea'ised MoOrae'B (112), 17,000 aoroß, 20 yea^b, fixed rental, £85, Mr MoOrao, rental realised £88 } lif^lfatero (US), $4,700 aore», 20 yoari,

mea reniai #dzu w.zj.u anaM "gancv, rental realised £520; Hakatere (114),2 > 500 aores, 20 years, fixed rental £230. N Z L and M. Aeenoy, r»ntl eealised £230; O!ent Rills (115), 52,600 acres, 20 years fixed rental £640, Mr Harrison, rental realised £860 ; Dunbar (116) 25,000 sores, , 20 year*, fixed rental £220, Mr Dunbar, 1 rental realised £220 ; Lake Heron (117) 37 600 acres, 20 years, fixed rental £270, Dalgety and On, ren'al realised £410 : f Double Hill No. 1 (118). 64,000 acres, 20 years, fixed rental £710, Mr Gerard, rental realised £1016 ; Double Hill No. 2 (119), 49,500 aores, 20 years, fixed rental £570, Mr Getard, rental realised £650. A synopsis of the sale shows that fifty Crown runs were put up, of which fortyearen were sold, one was withdrawn, and for two t here was no bid . T ho upnot price of the Government runs was £12.400 wh : lo tho amount realised was £15,284, bvinr £2939 abovj the present rentals' Twenly one of these rune fetched above, and twenty -six went at the upset price. Six Eduootional Reaoives were offered and lot, the upset price boinec £3315, aid the amount realised £4615, or £1474 above tho present rents. The gross proceeds of the e ile amomted to £19,919.

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http://paperspast.natlib.govt.nz/newspapers/AG18890605.2.10

Bibliographic details

THE SALE OF RUNS, Ashburton Guardian, Volume VII, Issue 2143, 5 June 1889

Word Count
1,526

THE SALE OF RUNS Ashburton Guardian, Volume VII, Issue 2143, 5 June 1889

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