Page 15 Advertisements Column 1

Otago Witness, Issue 1421, 15 February 1879, Page 15

AUCTIONS 'THURSDAY, 27th FEBRUARY, At 2.15 sharp. importantTand sale. DEFERRED PAYMENTS Extending over three yeara. MACRORIE and CUTHBERTSON (in conjunction with Mr J. S. Shanks) are instructed by the proprietor to sell by public auction, at Mataura Bridge, on Thursday, 27th February, commencing at 2.15 sharp, 3424 ACRES FREEHOLD, 3424 Comprising — Sections 1 to 35, block I, Mabel district, Southland, being one of the eailiest selections made by the New Zealand and Australian Land Company, and recently purchased from them by the present owner. The land immediately adjoins the beautiful and valuable property of Christopher Basstian, Esq., known as Wood stock. The estate now submitted to public competition is known as BLENHEIM, and contains, as above, 3424 acres excellent agricultural land, divided by Government survey into 35 sections, varying from 80 to 110 acres each on an average, besides one section in block IV, immediately adjoining, and which contains from 200 to 300 acres of valuable bush. Arrangements are being made by which this bush section will be cut up into lots of 20 to 25 acres, to be offered separately, so that each purchaser of epen land will have an opportunity of acquiring bush also. The owner, being determined to place this Property absolutely in the hands of the pubc, has resolved to adopt the system on which the Government land sales are conducted, and which has the effect of stimulating competition by making it obvious that every bid must be bona fide from an intending buyer — the system of naming an Upset Price at which every seotion will be submitted. The lowest price of Government land ia forty shillings per acre. The Blenheim Estate will be offered at the Upset Price " of Forty-Five Shillings per Acre. No further bid or reserve will be made on the part of the owner, and no sections will be withdrawn. The public have therefore the same advantages as are offered at Government sales, and the bidder of the upset price of 45s per acre will be entitled to purchase at that ridiculously low figure, should no further competition ensue. Terms— ln order still further to meet the requirements of all classes, the proprietor has determined to offer the most liberal terms, viz. — One-sixth cash on fall of hammer ; onesixth in three months from date of sale ; one-sixth in twelve months ; one-sixth in eighteen months ; one* sixth in twenty-four months ; onesixth in thirty, months ; and onesixth in thirty- six months ; each instalment bearing interest at the very moderate rate of seven per cent, per annum. Each section will be submitted as a separate lot, in the order in which they are placed on the Government map, and no section will be withdrawn. To enable buyers from Dunedin and Invercargill leaving their homes that morning to attend the sale, arrangements are being made for the 9 a.m. and 9.25 a.m. express trains respectively, to pull up at Mataura for passengers to alight. Every information may be obtained from the Auctioneers, from J. S. Shanks, Mataura, or from Mr Hugh M'lntosh, Half-way Bush, who will be happy to show intending purchasers over the ground. Lithographed plans in course of preparation. 25ja LATE ADVERTISEMENTS. [will be classified in our next.] TjlOR SALE OR TO LET. A Farm of 162 acres in Shag Valley ; also, 40 head cattle, 10 horses, and complete set of implements. Apply R. G. MURRAY, On the Farm. NOTICE. I HEREBY GIVE NOTICE that I have this day applied to the Warden of the Hindon Mining District, in terms of the provisions of " The Mines Act, 1877," and Regulations thereunder, for a Gold Mining Lease of 16 acres, more or less, of Crown Land, situated .at Reef Gully, Hindon, and that the Application and any objections thereto, will be heard at 11 a.m. on Thursday, the 6th day of March, 1879, at the Warden's Office, Dunedin, where copy of the Application, may be seen. ROBERT HAMILTON, For self and party. 6th February, 1879. CHRISTCHURCH GREAT AUTUMN HANDICAP (To be run on 14th April, 1879.) MR. A. A. CAMERON has opened his annual Consultation on the above important event. 4000 Members at 20s each. First (definite) £1000 Second (definite) 500 Third (definite) 300 Other Starters (divided) ... 800 Non-starters (divided) ... 1400 £4000 Exchange, Is for cheques. Two stamps reauired, one for reply and one for result. ALFRED A. CAMERON, Box 251 ; or Prince of Wales Hotel, Punedin.