SALE OF GREENVALE ESTATE.

Clutha Leader, Volume XX, Issue 1033, 11 May 1894, Page 3

SALE OF GREENVALE ESTATE.

Wright, Stpphenson, and Co. report as follows : — On Tuesday, May 1, by order of the executors of the late James Logan, we offered at Dunnett's Hall, K«!so, about 13,000 acres of the farfamed Greenvale Estate, being all the unsold portion of that property, with the exception of about 900 acres round the homestead. These 13,000 acres were subdivided into 33 lots; ranging in area from 47 to 1,607 acres, and varying in quality from good agricultural and pastoral land (combined) to purely pastoral. There was an immense gathering of settlers of the right class, most of them intent on business, the hall being literally packed some time before the hour at which the sale was advertised to commence. There were 28 agricultural farms, every one of which was sold, and the demand for these was keen, prices throughout exceeding the expectation of the vendors. Yet the buyers all expressed themselves well satisfied with their purchases, and there can be no doubt that, considering the liberal terms they have received for payment, and the fact that the purchasers are all practical farmers, they v.'ill do well, even at the present low range of valups for stock and produce. The purely pastoral farraa, five in number, and distant eight or nine miles from Kelso on the Leithen Hill, regarded a few years ago as some of the finest grazing land in the district, seem&d to have attracted less attention. Only a small number of those present at the sale had inspected this land, and, although the executors had placed extremely low reserves upon it, no offers were forthcoming at the hammer, and the farms were consequently withdrawn to be dealt with privately. Prices for the portion sold ranged from 35s to 87s 6d per acre, and the total purchase money amounted to L21,640 7s. Subjoined is a complete list of the sales made, giving the areas of the farms, the prices obtained, and the names of the purchasers, together with the totals of the different purchases and the gross total of the sale : — I Sections 5, 6, and 7, block 3, 220a Or 16p, at 80s por acre. — James Cullen, purchaser : LBBO 83. i Sections 4, 8, 9, block 3, 247a 2r 29p, at BO3.— William Fretwell, Waikoikoi ; L990 14s 6d. Section 22, block 3, 80a lr 7p, at 87a 6d. — A. Halcrow, Kelso ; L351 53 Bd. Section 21. block .3, 81a lr 30p, at 72s 6d.— James Kirk : L295 4a 3d. Section 20, block 3, 82a lr 7p.— James Kirk L398 6s 3d. Section 19> block 3, 83a 3r 20p, at 27s 6d.— George Russall ; L304 Oa lid. Section 18, block 3, 83a 2r 3p, at 27s 6d.— George Russell ; L302 15s 7d. Sestions 27 to 31, block 3, 430a 2r 22p, at 77s 6d.~ James Marshall, Frankton, L1,668 14s sd. Section 10, block 8, 200acres at 883.— Thomas Jenkins ; LB6O. Section 9. block 8, 200 acres, at 73s 6d. — Thomas Jenkins ; L735. Section 8, block 8, 200 acres, at 81s. —George Park, Palmerston ; LBI.O. Sections 13 and 14, block 8, 280a 3r 9p, at 81s. — James and John Smith-; L1.137 5s 3d. Section 8, block 7,379 v acrea, at 85a. — M'Gillivray Bros. ; L1, 610 15s. Section 9, block 7, 360 acres, at 85s. — M'Gillivray Bros. ; L1.530. Section 10> , block 7, 332a 3r 23d, at 695. —M'Gillivray Bros. ; L1,148 9s 9d. Section 10, block 7, 275a 2rl7p, at 575. — M'Gillivra.y Bros. ; L785 9s 7d. Section 10b, block 8, 47a 3r 4p, at 62s 6d.— Peter Eskdale., Kelso ; L149 5s lOd. Section 15, block 7, 470a2res, at 60s. — Thomas Black, Waikoikoi ; L1, 410. Section 14, block 7, 420acres. at 51s. — Thomas Black, Waikoikoi ; L1 ,071. Section 13, block 7, 756acres, at 42s 6d. — James and John Black . L1,606 10s. Section 12, block 7, .383 acres at 355.— John Kirkpatrick ; L670 ss. Section 11, block 7, and part section 13, block 11, 272 acres, at 80s.— Donald M'Kenzie, Waikaka ; Ll,oBB. Section 6, block 7,323 acres, at 72s 6d. I — Robert Calder, Waipahi ; L1,170 17s 6d. Section 7, block 7, 363 acres, at 40s. — James Stevenson ; 766. Gross total of the sale.r- L.21j640 7s,