STRATFORD LAND PURCHASE
FURTHER STATEMENT BY MR. " MASSEY. In reference to tho t report recently published by a Taranaki paper, that the Government had purchased a section of land at Stratford for £1200. which stood on the books of the Stratford Borough Council at a valuation of £"300, the Prime Minister explained to a Post reporter yesterday that the land in question was required by the Railway Department at Stratford for certain improvements that the Department considered urgently necessary ; that the Department was quite satisfied they were getting value for the money, and that if it had not takes, advantage of the opportunity just now it would have had to pay much more later on. The Prime Minister explained further to-day, that the price included compensation for loss of business; "and," added Mr. Massey, "I was informed this mortiing that the JD3OO referred to as the value of the section, is the unimproved value only, and that there is a building and some other improvements On the section. The Railway Department is willing and anxious that the whole transaction should be thoroughly enquired into."
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https://paperspast.natlib.govt.nz/newspapers/EP19130228.2.119
Bibliographic details
Evening Post, Volume LXXXV, Issue 5, 28 February 1913, Page 8
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184STRATFORD LAND PURCHASE Evening Post, Volume LXXXV, Issue 5, 28 February 1913, Page 8
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