AUCKLAND PROPERTY.

Manawatu Standard, Volume LVII, Issue 156, 3 June 1937, Page 11

AUCKLAND PROPERTY.

PURCHASE MADE BY BANK OF ' NEW ZEALAND.

Per Press Association. AUCKLAND, June 2. Another purchase of a Queen Street property has been made by the Bank of New Zealand to-day. It acquired the three-storey building on the east side of Queen Street above Wellesley Street occupied on the ground floor by Barry and Beale, Ltd., the Lido Milk Bar and Cathay House, the seller being Mr W. H. Bartlett, who once occupied a portion of the premises. The price paid works out at a little over £OOO per foot frontage. The Queen Street frontage is 33 feet and there is a. depth of 821 feet. In the middle of last month it was announced that the bank had purchased a three-storey shop and office building on the southern corner of Queen and Swanson Streets as a first step toward the erection of a large modern building to replace the one which bias housed its Auckland branch for about 70 years. The'price was not then disclosed. Its purchase to-day was for the purpose of opening a subsidiary branch office.

The roofed entrance gate of a.n English churchyard is called a “licli-g.'ite” liecause it is a shed, or covered .spot, designed to shelter the coffin and its bearer while waiting for the clergyman who is to conduct the procession to the church. The vjord “Licit” is derived from the Saxon “Lie,” a dead body, the German being “Leich.”