Perpetual Leases.
I To the Editdr-d^the^osi. ; Sir^lu?* 1 V^eht is^ie] yojuf^a>e an outline of terms on which the Wd td t be iOlfered ■ for - *h perpetual) lease" m the Forty Mileißush may be had, but omitted io mention 6qel;cla'ase whicltrja ;of the utfeosit importance,,, an^-njay, rrery easily.be misread by tenderers. I refer ,to the ( chtiiße' giving' a right of purchase, hut [ which' ' provides |bat. sucli' prioe to be not ljejis .thanthW capital value 6n w;hich *■ He ! has 1 patd re^nt .at 5' per': ceniC Unless this claiise 1 is ! tribrbugh- ' ly. understood, I believe A that many applicants "would be inclined to give an. increa^d rent to" be 'suve ; -pf secur-,' ing a fancied" ptbi;, D ut still would hot be willinetogive.a.higher price for th!e! lindP I think mad^ quite clear I '% ' ! ixst&& i t%t !^or ' eVery ' 3d' ' p.6t adre 'paid as rent the purcha-iiidii clause it ss; J :\ j ""* ' • I ' : " :;^^eVA\^airb'rbfer. ;v . v j-^rtg£9|^e^Vov- "
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MS18841125.2.6
Bibliographic details
Manawatu Standard, Volume VIII, Issue 141, 25 November 1884, Page 2
Word Count
155Perpetual Leases. Manawatu Standard, Volume VIII, Issue 141, 25 November 1884, Page 2
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