GERMAN PROPERTY.
SOLD IN LONDON. NIGERIAN LAND OFFERED. Australian and N.Z. Cable Association. LONDON. November 11. There were exciting scenes at the sale of the German Nigerian properlies. Among (he crowd of business, men there were many who were hostile to the sale. Before (he sale commenced the Colonial Office amended Ihc conditions of the auction so as to enable Mr Bonai- haw, the Colonial Secretary, to disapprove of any purchase, and to end the contract without any reasons being given; also enabling the Governor of the Colony to require any owner or lessee to prove that he was not a trustee for an enemy subject or company under an enemy's control. An important freehold site in the main thoroughfare of Lagos was sold for £40,500. The first day's sale realised £299,250.
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https://paperspast.natlib.govt.nz/newspapers/SUNCH19161116.2.46.19
Bibliographic details
Sun (Christchurch), Volume III, Issue 864, 16 November 1916, Page 8
Word Count
132GERMAN PROPERTY. Sun (Christchurch), Volume III, Issue 864, 16 November 1916, Page 8
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This newspaper was digitised in partnership with Christchurch City Libraries.
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