A KEEN DEMAND FOR LAND.
A SUCCESSFUL SALE AT TIMABU.
(Feb United Fbbss Association.)
TiMABIJ, July 18.
Mr J. H. Baker, Commissioner of Crown Lands, conducted a sale of pastoral leases this morning, submitting (1) in 11 lots an education reserve on the Hakateramea, the total being 3764 acres; (2) eight small grazing ruuß in the same locality, the total area being 20,600 acres; and (3) portions of Station Peak and Waimate runs, total 32,050 acres, in four lots, for seven and a-half months only. The education reserve, an endowment of Canterbury College, was first disposed of. The leases are for 21 years, but the land is subject to purchase at any time at £2 per acre. The iollowing are the lots and names of buyers:— Acres, Upset. 1 Did, Buyer. 870 £13 10 0 £45 0 0 ... IT.Z and A.L. Co. 672 42 0 0 43 0 0 ... A. Hayes 270 16 17 6 16 17 6 ... A. Hayes 570 28 10 0 70 0 0 ... A. Hayes 485 24 6 0 63 0 0 ... W. H. Ross 204 7 13 7 13 0 0 ... N.Z. and A.L. Co. 27 3 8 0 2 O O ... A. Hayes 100 a 10 0 2 10 0 ... B. O'Brien 33 1 13 6 1 12 6 ... W. H. Ross 620 26 0 0 60 0 0 ... J. G. Micolls. Section F, containing 14 acres, at an upset of 14s was passed. Before proceeding with the sale of leases of the small grazing runs, 21 years' term —tho first sale of this kind in Canterbury—Mr Baker explained some of the statutory provisions, especially those bearing upon the prevention of dummyism, stating that the land board would take every care to see those provisions were carried out, and concluding with the advice that anyone who thought of taking up one of these runs without intending to occupy it for j his own benefit had better let it alone. The following were the results of the grazing runs sale:— I Acres. Upset. Bid. Buyer. 1005 £50 B 0 £103 0 0 ... Wi M'Donald, shepherd I 1050 52 10 0 67 0 0 ... M. M'Henry, farmer 3180 159 0 0 228 0 0 ... J. G. Nicolls, grazier 1675 84 15 0 84 15 0 ... H. Malloy, contractor 8720 186 0 0 231 0 0 ... J. Malloy, grazier 2840 143 0 0 142 0 0 ... D. M'Kenzie, shepherd 3284 164 4 0 225 0 0 ... J. Welsh, Btock--3862 193 2 0 318 0 0 ... F. B. J. Parker.. Parts of Waimate station, 7250 acres, npset £160, and of Station Peak, 24,800 acres, upset £480. for the term of seven and a-half months, were sold at the upsets to the present occupiers, Mr Cameron and Mr Begg respectively. Mr Baker twice during the sale of small grazing runs, when the bidding was at its keenest, paused and warned the bidders to be careful what they were doing.
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Bibliographic details
Otago Daily Times, Issue 8861, 19 July 1890, Page 4
Word Count
490A KEEN DEMAND FOR LAND. Otago Daily Times, Issue 8861, 19 July 1890, Page 4
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