Lease of Pastoral Buns

Southland Times, Issue 12009, 1 April 1892, Page 3

Lease of Pastoral Buns

The leases of seventeen runs — four in the County of Southland and thirteen in that of Wallace — were submitted to competition in the Supreme Court room at noon yesterday. There were about 100 persons in attendance, the pastoral interest being well represented, and great interest was evinced in the proceedings. The sale was conducted by the Chief Commissioner of Crown Lands (Mr G. VV. Williams) who in reading. the_ conditions of lease explained that except in one case the term — 10 years — was an absolute one, the Crown not reserving any right of resumption before the end of that period. The {exception was in the case of the Manipouri run, but from the nature of the country it was not likely that the land would be resumed before the expiry of the ten years. Bids were then invited, and in less than half an hour the whole of the leases had been disposed of, falling in each case into the hands of the present lessees. Ten of the runs were secured at the upset rentals, but 198 a, part of Dunrobin, was run up from L 66 6a 8d to L 156, when the gentleman who was bidding against Mr Basstiap quietly remarked " I'm done," and left it to the oW lessee. The same resultjfollowed the competition for run 198 c, which from an upset of Ll7 10s, was re-leased for L 43. There waa also some competition for the subdivisions of Mount Linton and Black mount runs. Subjoined are particulars of the sale : — Bun 143, Birchwood 6550 acreß; upset, L 54 Ils8d' : -Jas. Gardner. Run 143 a, part Mount Linton, 3400 acres ; upset, L2B 6a Bd— Colonel Chalmers, L4l. Bun 143 b, part Mount Linton, 3700 acres; njwet, L3O 16s Bd— Colonel Chalmers, L 45. Bun 156 a, part Mount Linton, 5130 acres ; upset, L 42 15s — Colonel Chalmers, L 55. Run 173 a, part Red Cliff, 14,400 acres ; npset, Ll2O j Hilder and Audrey. Run 173 b, part Blackmount, 6800 aores ; upset, L 56 13s 4d— A. B. Hare, L7l. Run 1730,- part; Blackmount, 15,775 acres ; upset, L131 9s 2d-i- A. R. Hare, Ll5O. Run 181', Castle Rock, 5974 acres ; upset, L49issßd— T. L. BarnhiU (for Hon. M. HolmeB). : ' Ran 187 c, part- Beaumont, 10,100 acres ; npset, LB4 3s 4d— Captain Stevens. Run 188b,. part Centre Hill, 10,800 acres; upset, L9O^-4F. Fulton. "'' Run 198 a, part Dunrobin, 8200 acres ; upset, L 66 6s 8d — C. Basstian, senr. , L 156. Run 198 c, part Dunrobih, 2100 acres ; upset, Ll7 103— C. Basstian, senr., L 43. Buns 191 b and 302 a, part Five Rivers, 7200 acre 3- upset, L6O— P. A. Vyner (for Ellis Bros.), LBl. . Run 191 b, part Dome, 11,300 acres ; upset, L 94 3s 4d— H. S. Valentine (for N.Z. Agricultural Co.). Run 191 c* part Dome, 10,300 acres ; upset, LBS 16s Bd— H/S. Valentine. j Run 302 c, part Eyre creek, 9310 acres upset, L 77 Us Bd— H. S. Valentine. ' Run 176, Manapouri, 19,900 acres ; upset, L 47 Bs— T. L. BarnhilT (for Hon. Matthew Holmes). .... .