NEW FARMS

Gisborne Times, Volume LXXX, Issue 12244, 4 May 1934, Page 2

NEW FARMS

AREAS PURCHASED FOR FLOCK HOUSE OLD BOYS TRUSTEES TO STAND BEHIND YOUNG SETTLERS (Press Associati.ui.i PALMERSTON N., May 3. !Tlie trustees of Flock House announce the purchase from Dr. 1 Gribben, of Hamilton, of Panetapu station, an area of 2316 acres of im proved land IS miles south-west of Te Awamutu. The purchase lias been made by a selected group of 20 ‘(young men, all old Flock House hoys, who have %eon in farm and station employment in New Zealand for a number of years and have individually saved from their, iwagcs sums sufficient to enable them, with tlio trustees’ assistance, to make a, start -'on the land for tlieiriselves. The young men will take delivery of the land and stock on June 1, and will proceed to subdivide the propert into 20 or more farms, uf ef which the greater number will be for individual occupation within 12 months. lhe land is. described as easy, and jexoeUant quality.. H'lio 'trustees advise that the property was acquired at a most reasonable price, based 0 u present market conditions for produce. They intend to stand behind the new settlors till they are on their feet, and have no doubt whatever chat tho settlement will bo most successful; Ibis development will increase the number of old fEloek -House !bo ys «vho have been - enabled by hard work and thrift to make a successful start oil the land to over 50. It is most probable that the trust®es Wlll Womoto similar group settlements as others of their young men arrive at the same stage-as tho proscut soleol.od group. |- W-: If/ NY; -1,. _ ... j . hMHHhIh