Page 3 Advertisements Column 3

Marlborough Express, Volume XXIII, Issue 102, 6 May 1887, Page 3

j C IN THE EXCHANGE LAND AND MEI CANTILE AUCTION KOOMS, l Manners Street, WELLINGTON. On Friday, May 13, 1887 ; To the Bona-fide Farmer who desires to put his son on tho land. esr* IMPORTANT To the Capitalist, who de sires a profitable iavestmeni for his capital. ssr- IMPORTANT -; To all who desire to see a happyand industrious people settled on the lands of the colony. LAND! LAND ! LAND ! SECOND SALS BY PUBLIC AUCTION, OF A block of the Wellington and Manawatu Kailway Company's Magnificent Lands. T KENNEDY MACDONALD & • Co. are favored with instructions from the Wellington and i Manawatu Eailway Company (limited) to SELL by public auction, as above :— A BLOCK 0E •SB* 4000 ACRES OF GRAND AGRICULTURAL LAND; Situate adjacent to the Township of MANUKAU, On the Company's Bailway Line, and subdivided into /j<G suitablesized sections, ranging m area froni 11 acres to 279 acres eac^« Th 9 s?cfcions are well adapted for agricultural purposes. They are splendidly watered, and the timber upon them is mixed tawa, rimu, hinau, &c. TLe lairl is fl*t and undulating, undulating and hilly, and some of the fl its are very rich j the soil throughout beiug cla ised aB exceedingly good. The aim of the Company being to [ sell their land iobonafide occupiers, I and so create traffic for their line, high prices are not^looked for j the Company, as a railway proprietary, recogp ; sing that t. large and energetic body of settlors occupying high olass land, purchased at a low price, will be of moro permanent value to them and to the community than if they sold a limited area at high rates. - In order to bring about this result, the terms of sale have been fixed on a basis which will, we feel sure, bo appreciated by all who desire to see the lands of the country speedily settled. They are as follows : — DEPOSIT AT THB AUCTION SALE ; 10 PER CENT. The Balance of j9O per cent to remain on mortgage for seven years, bearing interest at the unprecedentedly low rate of five per cent per annum.* In order to induce occupation and improvement, the purchaser will be required to enter into an undertaking to expend during the first three yearß, by his own labor or otherwise, an amount equal to 10 per cent per annum of his purchase money, or m lieu thereof, should he prefer to let his section lie idle, to pay, m reduction of his purchase money, 10 per cent per annum m cash. The Company have arranged to issue — SPECIAIi RETURN TICKETS AT REDUCED PRICES. Between Wellington and Manukau, return 4s; and between Longburn and Manukau, return 2s ; and from intermediate stations at the same reduced scale. Lithographic plans of fche property Bhowing each section m detail, and further particulars, may be obtained on application at tbe Head Office of the Wellington and Mana« watn Eailway Company, Lambton Quay, Wellington ; or from the Auctioners. Messrs T. KENNEDY MACDCNALD AND CO. The plans can also be seen at the Railway Stations, and at the office of this napeiv