A LENGTHY LEASE.
A lease for 10,000 years must surely be the "record" for Dunedin, if not for Australasia. It is known that more than one lease for a similar period of time exists in Britain, but it was very generally assumed that'the political accident which gave New Zealand the 999 years' lease established a record in tenures in the Dominion. This is not so, however, for in the focal Lands and Deeds Registry Office there is a perfectly valid title to a leased for a piece of •and for 10,000 years. ' The lease concerns the right-of-way '.which separates tho Bank of New Zealand premises in Lower High street from the offices of the National Fire and Marine Insur- j ance Company. The area is nineteen-one-hundredths of a pole, being part of, section 48, block 9. if there exists a longer lease in the Dominion, with a: large prospect of the lessees seeing the i end of it, as is possible in the present case of such corporations as the Bank I of New Zealand and the National Insurance Company, we are sure the public would be glad to learn the full particulars. In the records of the Dunedin lease, which are rnTost voluminous, the names of several early settlers, including that of Mr John Jones, are mentioned.—Otago Daily Times. «
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Bibliographic details
Manawatu Standard, Volume XLIII, Issue 1844, 19 June 1920, Page 10
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220A LENGTHY LEASE. Manawatu Standard, Volume XLIII, Issue 1844, 19 June 1920, Page 10
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