SUCCESSFUL LAND SALE

Rangitikei Advocate and Manawatu Argus, Volume XLV, Issue 12019, 24 March 1920, Page 4

SUCCESSFUL LAND SALE

KOPANE AND CHELTENHAM PROPERTIES.* The Drill Shed at Feilding was crowded yesterday, when Mr L T McLean’s Kopanu and Cheltenham properties were auctioned. Bayers were present from all parts of the North Island, and the sale was the most successful the auctioneer, Mr N Gorton, has conducted daring his long, experience. The Kopane block is situated nine miles from Palmerston North and eight miles from Feilding, on the Longburn-Rongotea road. The property was part of the original Orona Downs estate, at one time owned by Messrs Robert Gampbell and Sons, and was part of their fattening paddocks. A boat 1890 this estate was partly subdivided, and the portion offered yesterday was acquired by the late Hon Walter Johnston, and was afterwards known as. part of the Highden Estate. About seven years ago this part of the estate was hold in one block, changed hands twice, and about two years ago was acquired by Mr McLean from Mr B Short for £9O per acre It has long been regarded as a piece of the richest land in the Dominion, with a carrying capacity of one beast to the acre. The block is one large fiat of rich alluvial deposit. The property, was offered yesterday in 6 freehold sections of from 4 to 8 acres. There was the keenest interest shown iu the sale of this rich dairying and fattening land, and tor weeks before the sale prospective buyers from all parts of the North Island visited the locality and inspected the sections. The sale was conducted by Messrs Murray, Roberts and Co, and. there were ’ many compliments on their successful management. Mr Norman Gorton, the well known auctioneer for Messrs Levin and Co, wielded the hammer. ‘“I am not going to say anything very much about these ections, gentlemen,” said Mr Gorton in commencing the sale. . “You all know them. For years Eopane has been recognised as amongst the richest and best fattening land in New Zealand. I will only say this r Poor land will keep yon poor in spite of all your efforts, rich land will make you richer in spite of all your mistakes.” (Laughter). Every one of the twenty-six sections at Kopane submitted was disposed of under the hammer in quick time, the average price. paid per acre working ont at £ll4. A pleasing feature about the sale was that 5 buyers secured the 8 sections offered, thus demonstrating that the sale will result 1 closer settlement. Five hundred and eight acres of freehold at Cheltenham, in two farms of 38 acres and 70 acres, were disposed of at £SO 10s per acre. kopane {Sections.

Section 11, homestead section, 40a, _ £lsl per acre, R J Harper, Feilding. Section 33, 3a Ir 12p, £125 per acre, Norman Short, Fielding, Section 26, 32a 3r 20p, £154 per acre, Norman Short, Feiiding Section 25, 30a, £177 per aero, E B Short. Feilding Section 24, 30a, £lsl, per acre, H. Brooker, Feilding Section 7,32 a, £llO per acre, W Woolford, Rongotea Section 8,33 a3r lip, £llO per acre, W Woolford, Rongotea Section 1,30 a, £l3l per acre, J Oowen, Newhnry Section 3,30 a, £123 per acre, E Davenport, Palmerston North Section 3,30 a, £127 per acre, H F Marshall, Otaki Section 10, 40a, £l3l per acre, N Morcom, Rongotea Section 9,40 a, £lll per acre, W Qnayle, Feilding Section 12, 39a Ir 13p, £BB per acre, J Sonthey, Dannevirke Section 13, 47a 3r ,06p, £IOO per acre, O Peck, Hastings Section 14, 4ua, £7B per acre, A Borgess, Rongotea . Section 2,32 a, £l3l per acre, T A Pitt, Mangahan Section 21, 33a 2r .08p, £l2O per acre, S H Morns, Fortlell Section 20, 48a, £lO7 per acre, B L Whitehonse, Porirna Section 4,30 a, £126 per acre, Hill, Taikorea Section 5,30 a, £l2l par acre, E Shnte, Palmerston North Section 6,30 aOr 29p, £123 per acre, J E Lozell, EKetahana Section 15, 40a, £57 per acre, Geo Blanche, Longhorn Section 18, 41a 3r 37p, £lO6 per acre, Geo Ashton, Palmerston North Section 17, 24a 2r 88p, £ll3 per acre. C Hopping, Feilding Section 16, 33a ,2r lip, £94 per acre D S Coulter, Martou Section 19, 89a Ir 7p, £75 per acre, J A Gooksley, Longbnrn

CHELTENHAM SECTIONS Section 5308, 270 a 2p, £SO 10a per acre, Geo Mcßeth, Kimbolfcon Section 159, 238 a, £SO 10s, Hector McLean, Feilding