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SALE OF ENEMY PROPERTY

CONDITIONS SUBSTANTIALLY MODIFIED.

/Australian and N.Z. Cable Association 1

LONDON, Nov. 14. Thsae were exciting scenes at the sale of enemy Nigerian •properties. A crowd of business meti attended, anany, of whom were hostile to the sale. Before the sale commenced the Colonial Office amended the conditions of auction, enabling Mr Bonar Law to disapprove of any purchase and end contracts without reason: being given, and also (requiring the <3H>v«mnor of the colony to require any owner or lessee to jpirove that he was' not a trustee for an enemv subject or company imder the enemy's control. An important freehold site in the main thoroulgMare- of Lagos /was sold /for £46,500. The firs'- day realised £299,250.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM19161116.2.38.8.2

Bibliographic details

Nelson Evening Mail, 16 November 1916, Page 5

Word Count
120

SALE OF ENEMY PROPERTY Nelson Evening Mail, 16 November 1916, Page 5

SALE OF ENEMY PROPERTY Nelson Evening Mail, 16 November 1916, Page 5