HIGH-PRICED LAND.
£196,000 PER ACRE
(Per Press Association.)
Wellington, October 31. In a claim for compensation brought by T. Coverdalo against the City Council for £2520 on account of the compulsory acquisition of a piece of land for widening purposes, the Chief Justice pointed out that the value placed on the land by claimant worked oiit at the rate of £106,000 per acre. In iris opinion people whoso property was increased in value ,by street widening should bear a portion of the costs. The case is proceeding.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/STEP19111031.2.23
Bibliographic details
Stratford Evening Post, Volume XXXI, Issue 65, 31 October 1911, Page 6
Word Count
87HIGH-PRICED LAND. Stratford Evening Post, Volume XXXI, Issue 65, 31 October 1911, Page 6
Using This Item
Copyright undetermined – untraced rights owner. For advice on reproduction of material from this newspaper, please refer to the Copyright guide.
Log in