Page 8 Advertisements Column 6

New Zealand Times, Volume LXXV, Issue 5134, 28 November 1903, Page 8

RUCTION’ gAI E. DECEMBER 9th. 1903. 15-4 BUILDING LOT -. THE LARGEST SALE OF RESIDENTIAL SECTIONS Tu tho TOWNSHIP OF SHANNON Since Us Inception, by J. E. STANSELL, Sear.. Auctioneer, To be held in tlio TOWN HALL. SHANNON, On WEDNESDAY, Otii DECEMBER, ,1303. At 2.30 p.m. BEING THE SUBDIVISION OF SUBURBAN SECTIONS Nos. 685 and 523 to 532 (both inclusive), on the Plan of the Township. Tho Sections aro about 9 chains from tho Railway Station, and aro THE IDEAL RESIDENTIAL SITES of Shannon, affording a magnificent view of Mounts Ruapoiiu, Tougariro tvpd Egmont iu the distance, and a splendid view of the country surrounding the Township of Shannon. Tlio increase in the trade of Shannon is apparent to anyone acquainted with the pJnco, but for tho information or those unacquainted, tho following facts will bo interesting:— A little over twelve months ago a large block of swamp land was purchased by tho Makerua Estato Company, and the development, by Systematic Drainage, Reading, Fencing and Tramways have helped very largely to increase tho population and trade of the district by the employment of a very large amount or labour at very remunerative wages. Within a very short period of time there will be five, and very probably six, Sawmills running at Shannon, and the Campbell Laud and Timber Co/g property, whoso western boundary is within 3s miles of the Shannon Railway Station (and whoso area is over 4010 acres, together with another property they own of about 952 acres, making a total of over 5000 acres), is estimated to produce about 100,000,000 feet of Sawn Timber, which moans between 30 and 40 years* constant work, at 10,000 feet per. working day. Now, as nearly everyone.’knows that, the foundation of prosperity of Levin may be ascribed t a the two Sawmills Weroroa, how will Shannon progress with five or six Sawmills:* Tho Makerua Swamp is supplying Plaxmills that contain nine strippers at the present time, which will bo probably increased do another ten strippers within IS months. The. development of tho above-named industries will cans© an expenditure of about .£IOO,OOO per annum, in addition to tho Butter, ‘Wool, Mutton and Beef prodr ced in the district. The Construction of the SHANNON BRIDGE will largely assist.the export of Produce via the Port of Poston, and also imports. There are also proposals to utilise the ■TOKOMARTJ WATER FALLS for the purpose of producing Electric Motive Power for driving the machinery of tho various industries In tho distinct, which would bo a groat incentive to starting other industries. Negotiations aro being mad© to start a Ropo and Binder-Twine Factory, also a Sash and Door Factory, and also a Brick Yard, tho Raw Material for above being all procurable in Shannon. The formation of tho Rive* Board to al with the Flood’Waters of tho Manaitu and Oroua Rivers, which will affect out 75,000 acres of low-lying lands, is rv near consummation (vide “Manawatu ,ening Standard/* Oct. 24th, 1903), and successfully canned out, will be an im--snso boon to the District and Colony. Land bought in Shannon about 2 years aco at .-£2O per acre, was sold by public auction last year at the rate of ,£BOO and .£409 per acre. This is no estimated value, but a FACT. THE TERMS ARE EXCEPTIONALLY £5 in Six Months; .£5 in Nino Months, and o£s in Twelve Months, and the Balance will not bo charged interest for the f, rs t 12 months after Sale, but 5 per cent. i,er annum after that date, with the right of paying off at any time, and potting a Title which is under the Land Transfer Act. , Arrangements can be made whereby three-fifths of the money required for Approved Buildings on above sections can be borrowed. Buildings to be approved by Mr Robert Edwards, Architect, Palmerston North. . For Lithographic Plans of Property, Conditions of Sale, and Further Details, apply to - MESSRS MENTEATH AND BEEEE, Solicitors, ' Wellington; Or •J. R. STANSELL, Sen., ‘ Auctioneer, Shannon. Luncheon, 1.15 p.m. nv Purchaser of a Section will have train faro paid (first-class return cet) from his place of residence, anyero on tho Wellington and Manawatu ihvay Company’s line. 'he public that buy will thus see the mtry froo of cost, and will he given a 0 luncheon in Shannon Town Hall, interest to pay for the first 12 months, 1 then onlv 5 per cent, per annum, 1 solicitor’s charges for conveying a Hon only 31s, and the Auctioneer iros these a.re the most liberal terms 1 conditions ever offered on this x> Stanseil has also received in■tions from tho Owner to submit to if, auction on December 9th,' 1903, at shannon Town Hall, a Farm of about ’cres, situated at To Horo, about 3 3 fro’m railway station, about 2 s from school and ■ about 1 mile creamery; good metalled road right 10 back door of house; about half in and about half in grass; has carried sheep and 89 head of cattio; d graze easily about 39 head milkowl during season. There is a splendid House, with water laid on bv hydraulic ram, about 500 fruit trees woblshcd and sheep yard, cowshed end stock yard, stable, buggy-house, washhouse (with water laid on, no tubs to lift), fowlhcuse, piggery; subdivided into 8 paddocks, and EVEETTHING^INraE GARDEN IS There is a largo Sawmill on the property, which pays rent; also Tram, ’ which has a lease for 7 y»ars with right of renewal, and the timber ’royalties and rights to use tho tram to tho railway station at To Horo for firewood or any other purpose. Further particulars Apply MENTEATH AND BEERE, Or Solicitors. J. R. STANSELL, Senr., 163 Auctioneer, Shannon.