MASTERTON TRUST LANDS TRUST.

Dominion, Volume 1, Issue 199, 16 May 1908, Page 6

MASTERTON TRUST LANDS TRUST.

(BY TELEGRAPH.—SPECIAL CORRESPONDENT.)

.. • , : V ■■ Masterton/ May 15. At the annual meeting of the Masterton Irust Lands Trust; to-night the unaudited balance-sheet, which was .duly passed, and adopted, showed the revenue to be. 'about £1314 9s. Id., . ;■ . In tho oourso of a general discussion, Mr. Kmgdon contended that tho-Trust should erect workmen's homes on its vacant sections, which are, ,in a largo, number of'instances, at present unremunerativo.' The 'speaker thought that one ,or two cottages might bo erccted every-year.' Tho Chairman (Mr. T" B, Micbcll, said this might.be accomplished .when tho liability on the Town Hall was paid off in four years' timo. ' ,' . There was a lengthy discussion on the old' question of the exchange of-sites, in .which it is";proposed tliat the Trust should give its' corner" section Hall' 1 Streot/ and £1000 to the Government, in- return' for 58ft'. of froiitago in .Queen Street, - near the police station. ' ' • ; Messrs. Jackson, Krahagen, and Eton :spoko strondy -in favour , of' tho exchange, and stated that it would be'a' burning question 'at the annual election. ~ ■ ' Messrs. C. E. Daniell, T.- Wagg,. and T. Michell were opposed to tho proposal, Mr.' Daniell stating that he'did'not think tho Government would bo wiso in spending a thousand pounds, on the Court-house buildings were that exchange-'to bo effected, ind any Minister ought ,•-to-' be v scouted if ho entortained the, proposal. ./'.