LOWER HUTT WORKS.
AMERICAN SYNDICATE'S BIG -SCHEME.',"'' 1 .-'" •
. ; [THE PRESS .Special Service.] WELLINGTON, January 28. It was reported in Wellington to-day that an American syndicate was ' endeavouring to acquire, in the Lower Hutt Valley an'extensive area of land with a view to erecting .manufacturing Works. • The blocks of land, affected are very suitable'for the purpose, and it is understood that, if the transaction is completed, not, only will most up-to-date works bo established, but the land in the vicinity will-be laid otit' on modern town-planning lines as practised in America. Some idea of : tho magnitude of the deal may. be gleaned from tho statement that the purchase money for the land alone will run into upwards of £50,000, the present offers covering three blocks n.n£ representing cash down. If the sale eventuates, the syndicate, it is reported, -will'bear #I the. full cost . of the laying, out of the area required.
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Bibliographic details
Press, Volume LXIII, Issue 18912, 29 January 1927, Page 14
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150LOWER HUTT WORKS. Press, Volume LXIII, Issue 18912, 29 January 1927, Page 14
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