CROWN LAND LEASES.

New Zealand Herald, Volume LVII, Issue 17483, 29 May 1920, Page 6

CROWN LAND LEASES.

CHECK TO TRAFFICKING.

BOARD TAKES ACTION. [BY TELEGRAPH.— 'ASSOCIATION.] CHBISTCHUBCH, Friday. At a meeting of the Canterbury Land Board an important discussion took place in respect of transfers of Crown leases carrying a largo goodwill, when transferor has only held the lease for a comparatively, short period. Instances were referred to in _ which lessees who had only held their leases for less than one year had applied for transfers. In one case an increased goodwill of ovro £3000 was shown. The applicant had got a transfer from the previous lessee last year, the goodwill paid being £3200, and be was now asking £6700 as goodwill. The board decided that it was contrary to the policy of the Crown to allow trafficking in such leases, and in future the board will not consider applications for transfers unless the applicant has held the the lease for at least two years, except special circumstances can be shown.

DISOUSSIOIT IK DUHSDIH. SUGGESTED "BLACK LIST." [by' TELEGEAPH.— COEEESPONDEKT.] DUNEPIN, Friday. The question of trafficking in Crown leaseholds w(* discussed by the Otago Land Board jenterday. A member ">f the board suggested that a " black list " of speculators should be compiled and that this list should be circulated among all land boards throughout tho Dominion, so as to prevent a trafficker whose operations have been stopped in one district, from seeking a new outlet for his objectionable activities. Although no formal resolution was adopted the board decided to keep tho matter prominently before it, so as to do all in its power to eliminate the practice.