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The ordinary monthly meeting of the School Commissioners of Otago was held yesterday, and attended by Messrs J. P. Maitland (chairman), J. W. Bain, Thomas Denniston, Jamea Green, and the Hon. W. H.Reynolds. The question of setting aside a block ot 2 000 acres of land for settlement on Run 301b Te Anau, was considered, and it was resolved to allow the proposal to remain in abeyance for six months. . A letter was received from J. W. Uain, enclosing one from Mr Ellis, lessee of Run 301b, offering to sub-let forty acres to Mr W Prince for the remainder of the term ot the lease at a rental of L2O per annum.—Mr Prince wrote stating that he was satisfied with the rent, but the term was too short to justify the expenditure which he contemplated. He therefore asked the Commissioners to protect his improvements by making them a charge on the incoming tenant? —The Commissioners decided to concur in the sub-leasing of forty acresi of the run from Mr Ellis to Mr Prince for the unexpired term on condition that a house in termßof Mr Prince's proposal is erected on or before December 31, 1889, and that the said house is kept open for the convenience of travellers during the currency of the lease. It was further agreed that at the expiration of the lease it should be offered for competition for a term of twenty-one years the rent and valuation for improvements to be fixed by arbitration, and paid by the incoming tenant; provided further that should there be no offer for the premises, Mr Prince must take up the new lease at the rent so fixed by arbitration.

An application was received from R. Walker to lease section 3, block 10, Wendon, for pastoral purposes for five or seven years.—lt was resolved that in the case of sections that have not been dealt with the Government be requested to revoke the proclamation opening the land for sale, with the view of allowing the Commissioners to deal with it under the Education Reserves Act, 1877, and Public Bodies Powers Act, 1887, the land having been offered for a long period without finding a A memo, was received from the Commissioner of Crown Lands, Invercargill, on an application made by C. G. Thurston asking that the moneys accruing from perpetual lease sections 5 to 8, block 7, Wendonside, be devoted to irrigation purposes.—lt was resolved to reply stating it was the opinion of the Commissioners that application should be made to the County Council. The Crown Lands Commissioner, Invercargill, also forwarded an application from J. Maher, asking that the upset price of aection 6, block 2, Wendonside, be ieduced from 25s to 20s per acre.—lt was resolved to obtain a report on the section in question. . An application was received from J. Burton on behalf of Alexander M'Donald to lease section 4, block 7, Teviot—lt was deoided to allow the applicant to occupy the section from year to year at Is per acre per annum, subject to three months A letter was received from the late occupier of section 10, block 10, Wendon, asking to be allowed to capitalise.— Referred to the Southland Land Board. The N.M. and A. Company, Limited, wrote asking the Board to treat with it for sections 4 to 14 and 21, block 7, Waikaia.—lt was resolved to reply that the sections had been advertised for leasing by ender. _ . . , J. L. M'Donald, the Commissioners' agent, submitted a lengthy report dealing with various matters. He recommended the Commissioners to reconsider their decision re the fencing of blocks 7 and 8, South Mossburn, and suggested that block 5 be offered for lease in one lot of eleven acres ; also blocks 1, 2, and 4 for a term of seven years, with valuation for fencing at the end of the term.—Agreed to. He reported on the application by the Waikaia Miners' Association and Progress Committee re certain land in that district, recommending that section 80, block 1, Wendon, at the expiration of Moffat s tenure, in June next, be offered for a short term of years, with the usual valuation at the end of the term, a provision being suggested giving the Commissioners power to resume the whole or any part if required for mining purposes—section 81 and the other unleaßed sections in blocks 1 and 8 to be dealt with in the same way. _ It was decided to offer section part of 10, block 3, Waikaia, on a fourteen years' lease instead of seven years, on Mr M'Donald's recommendation. Reporting on an application by A. M'Donald in connection with sections 21 to 25, blook 9, Wendon, he recommended that they be offered for pastoral leasing for Beven years at 6d per acre, with valuation for fenoing.—A Bimilar decision to that agreed to in connection with Walker's application was come to. Reporting on the application of the Southland County Council for a subsidy towards the construction of three groins on the Waikaia River, in block 10, the agent stated that the work was necessary for the preservation of the road and section 2, block jq_ jj was agreed to contribute one-half of the estimated cost, provided the total cost does not exceed L7O. Forty-one leases were forwarded ior exeby John M'Kibbin to lease sectionX blook 2, township of Macandrew, at 2s 6d per acre waß referred to the Education Board to say if the section is required for a school site. . A recommendation that m cases of applications for the reduction of rent the tenants should pay for the special valuation was agreed to.

The Bank of England building, London, coverß eight acres and employs 1,000 persona,

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