Crown Lands Sale.

Lake Wakatip Mail, Issue 1587, 29 April 1887, Page 5

Crown Lands Sale.

The s-b» at the • ourtdiouse. Qneen«town, en Tn««s.lar, of partial leases in the Wakatipu district was we 1 attended, hut there was no comiwtition except for run 8. Toe auctioneer. Mr Adair, of Survey Department, read the conditions of sale—f>tir.ha*ers ro take possession at once—payment to te made ha'f-yearly in advance on the first of March and September in each year, but first payment to be made up to Ist March next. The auctioneer said the an-as of each run were exclusive of excised lam! he! I f»r agricultural purposes. He also re"errel to the difficulty hitherto experienced in rent*, on account, it was said, of their Wirg«"xce*»i.e. but be stated that, in the present in«Ui»ce, Government ha.l mule the rents as low as p-w'H* soth.it this mi.iit I* avoided, and there w mill be nociiam e of lewers being abo« e<i to give up their run*, nor vend tin re I e any excuse if they cho3e t> hid a_'ai:ist ea> h othf-r and run up the rental. (To Mr Wenkht-im.) No provision u made iu the conditions for improvement on termination of leases. Below i 3 the result of the sale : So. S—About 10.5 M) acres; 14 yean. Upset, LlO per annum. I>. A. ...i rcc, ut*er. So. U)-Abo:t 12,000 acres HiC); 11 yean. Upset, LlO per . -. .1., F. il'BriJe. Lil. So. 11-About 13,3?> acre* ("a:» Liutcn ar..l Onliner); II yean. Upset. Lr 10u per annum. No off-.r. So. ll—About 2-VO acres; 14 jcars. Ip-et, L 7 10a per annum. No offer. So. 13-About H,7»0 acre*; 11 yean. Upset, L 7 10* per annum. H. upset. So. IS—AI Out iMO acre*; 14 years. Upset, L7los per annum. T. F. Kicnarus, u|*et. Na 18— .Moit S-00 v.-res (Shotover Branches); II years. Upset, L 7 10s per aiinum. No offer. Sac 17, 20, 21. 22 (£ronped>-About 95.M0 acres; 14 years. I . ■*". l£ i• r annum. No offer. So. 25-AW>ui Ie.OCO acres (Crown Terrace); 21 yean. Upset, L2O i •.r annum. B. IL Baird, .;—• So. 32—About 2400 acres; 14 years. Upset, LlO per annum. J. Scott, .;. •• •