NORTH AUSTRALIA.
A DEVELOPMENT SCHEME. United Press Association —By Electric Telegraph—Copyright. : HOBART, Nov. 28. With reference to the cable message announcing that the Eastern Cattle, Cold Storage and Land Company is being formed, at a meeting of the Northern Corpora'tion, Mr J. S. Butlers —who, on behalf of the Corporation, has secured largo pastoral leases on the Roper and Hodgson Rivers, in the northern territory of Australia—stated that a Scotch syndicate was negotiating for the purchase of half the Corporation’s interests for £25,000.
(An earlier cable message stated that the Eastern Cattle, . Cold Storage and Land Company, with, a capital of £450,000, is being formed in London, with the object of developing 22,000 square miles on the Port Darwin side of the Gulf of Carpentaria littoral. It is intended to export beef, and it is also proposed to settle a colony of Italian sugar growers.)
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Bibliographic details
Lyttelton Times, Volume CVIII, Issue 12986, 29 November 1902, Page 7
Word Count
145NORTH AUSTRALIA. Lyttelton Times, Volume CVIII, Issue 12986, 29 November 1902, Page 7
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