A. AND P. ASSOCIATION.

Poverty Bay Herald, Volume XL, Issue 13191, 27 September 1913, Page 3

A. AND P. ASSOCIATION.

PURCHASE OF%LAND. .,- '

*ih«\_uV-«ommitt<Be appoirited'vby the Pov^ty\Bay Agricultural and Pastoral Asj-Ktfaftiion to deal definitely with the Hotf t Captain Ticker iregnrdilng! the purdhase of 30 acres near thf Park ground's, met this morning and conf«r_ed -with*- Captain Tucker on tho subject.. Ac tho result the deal was copeluded and the Association takes '. posses* "Vsibn oh January 1, 1914. _ Tho property, consisting of 30 acres, is gitiiated on the Makaraka side of the Fark-'and .abuts "the main toad and the railway. It is eminently suitable for shott? grounds, and the Association „are to- D6 congratulated upon its venture. The btOperty has been acquired on satisfaotbty termß, the price being £100 per aoe.v The deposit of £300 was paid this -morning. The remainder of the purchase money is reducible by 6 per oent. Annually, and the unpaid mphey bears interest at 6 per oent. A clause him Been inserted m the agreement, giving tho Association the right to pay off aunts of not less than £100 at any t&mte ■•''■.. - v. • Kd'acheme for the utilisation of the projpOrty has yet been considered, but iri the course of a conversation to-day the President (Mr G. Witters) said he •was satisfied they did not require tne land for a show ground for anptper oight years, that being the time their lease of the Park grounds has yet to rim. He thought, however, they could . make tho property self-supporting. With a Kittle assistance from the Agricultural tiepi-ttnent they might do something to help, agriculturists m the district by gbftig m for experimental crops, e£c,