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.Macrorie &- Gutlibertson's Sales. ■ THURSDAY, 27th FEBRUARY. IMPORTANT LAND SALE. DEFERRED PAY'M EN T S. EXTENDING OVER. THREE" YEARS. TV/jTAtfRORIE' & CUTHBERTSON (in con-J-TJL ." junction 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 p.m. sharp, 8424- ACRES FREEHOLD 3424 " JL Jam JL. \J? JL^in JL Comprising — ". Sections ,1 to 35, block,!, Mabel district, Southland, being one of the earliest selections made' by the New Zealand and Australian Land Company, and 1 '.' recently purchased from them by the present owner. The land imme- , diately adjoins the beautiful and valuable property of Christopher Basstian. Esq., known as Woodstock. The estate now submitted to public competition is known as . ■ B L E N H E, I ,M, •And contains, as above, 3424 acres excellent agricultural land, divided ~ by Government survey into 35 sections,varyingfromßotol!oacreseach on an average, besides one section in block IV, immediately "adjoining, and whiJb contains from 200 to 300 «w. , , acres of valuable bush. . „ . Arrangements aie "being made by which this bush section will be cut vp 1 into lots of 20. to 25 acres, to be offered separately, so that each purchaser of open land will have an opportunity of acquiring bush also. The owner being determined to place this property absolutely in the hands of the public, 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 hoiiajide from an, intending buyer,— the . system of naming an Upset Price at which every section will be submitted. The lowest price of Government land is 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 'No' further bid or reserve will be made on the part of the owner, and no sections will be withdrawn.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* advantage as is offered at Government sales, and the bidder of the Upset Price of Fortyrfive Shillings per acre for any section will be entitled to purchase at that ridiculously low figure, should no further competition ensue. TERMS: In 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 ; onesixth 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, arrange-nents 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 Mr J.-S. Shanks, Mataura, or from Mr Hugh Mln L osh, Half-way Bush, who will be happy to show intending purchasers over the ground. Lithographed Plans in course of preparation. FARM, VVAIANIWA. TUESDAY, 4th FEBRUARY. MACRORIE Sc CUTHBERTSON are instructed by Mr Geo. McLeod (whose duties prevent his giving any personal supervision to the property) to sell by auction at their Rooms, Dee street, on Tuesday, the 4th February, at 2 p.m. — LITTLE BUSH FARM, Within 10 miles of Invercargill, and only 2 from a railway station, near the iron bridge beyond Wallaceiown, bounded on the cast by the Orcti River, and on the north by the Otakau Stream, containing 524 ACEES FREEHOLD 524 Or thereby, fenced and subdivided into 10 or more paddocks, with thorn or gorse hedges; river flat laud, (5(5 acres in splendid crop of oats (which yielded last, season close on 100 bushels to the acre). 15 do, in turnips, G7 do, laid down in English grass, and the rest sown, but not ploughed. The area of the bush is about 10 acres, and the underscrub is (bleared and sown in grass, being a luxuriant shelter for stock. Tbe other permanent improvements arc C-roomed dwelling, new barn and stable, cow-shed, piggeries, stockyard, &c, and the homestead is surrounded by an orchard threequarters of an acre in extent, containing 100 fruit trees and otherwise well stocked. The vendor desires it to be known that he is so determined to sell that no offer in reason will be refused. This property will be put up at a declared upset price, namely, the absurdly low figure of &5 per acre, being tbe system of selling Government land, a mode which the auctioneers know is favorably received by the public, and they are desirous of seeing it universally adopted. Mr Ronald, a neighbor, or Mr McCrosbie, manager, will show intending purchasers over the property, and the buyer will have the optipnof taking the stock at present depasturing at valuation. WEDNESDAY, 26th FEBRUARY. .. STRATHEARN. MACRORIE & CUTHBERTSON. are^ instructed by Peter McEwan, Esq., to sell by public auction at their rooms, Dee street, Invercargill, on Wednesday, 26th February, commencing at 2 p.m., the whole ; jof Ms. valuable Town Property, ..known as ■; ST RATHE ARK Subdivided into r*rr s E C TION S. This property is so well known that detailed description is" q^iite unnecessaiy. It is pleasantly situated, immediately adjoining the town t ' belt. The streets of Invercaigill have been continued through the property on the same plan, and of exactly the same width, as in the town itself. The land is high and dry ; the aspect salubrious, and, as Building Sites, these secHons aie absolutely unequalled. The pioperty will be offered on the MOST LIBERAL TERMS, Viz.:— One-fifth Cash on the fall of the hammer: one-fifth in three^months; one-fifth in six months: one-fifth in nine months ; and one-fifth in twelve months from date of sale, 1 bearing bank, interest. Purchashers will be ' entitled to pay ' up in full at any time, in which case they will receive full rebate of ' interest. - ' ' " : "' 'Plans may be seen and every information obtained'at'the office of the auctioneers. Title— Land .Transfer Act. • . TATTERSALL'S ' HORSE^ BAZAAR. " • • WEEKLY HORSE SALE. MACRORIE & CUTHBERTSON hold a 'SALE OFHORSJiS every Saturday; commencing at 11.30 a.m. sharp, in their new and commodious premises in Dee and Ireven streets." ' , " • ' , < ' TATTEBSALI/S HopBE.RmIAR,

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Bibliographic details

Southland Times, Issue 3315, 4 February 1879, Page 3

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1,068

Page 3 Advertisements Column 3 Southland Times, Issue 3315, 4 February 1879, Page 3

Page 3 Advertisements Column 3 Southland Times, Issue 3315, 4 February 1879, Page 3