A BRISK SALE.

Wairarapa Age, 13 March 1929, Page 4

A BRISK SALE.

AUCTION OF CASTLEPOINT SECTIONS LIVELY BIDDING AND GOOD PRICES I Convincing proof of a belief ■ that Castlepoint is destined to grow in popularity and importance as a summer resort was offered when half a dozen beach front sections were put up to auction in the Mastertoi: Courthouse at noon yesterday. Bidding was spirited in all cases, and every section brought a price substantially in excess of the upset reserve. The sale wirs conducted by Mr N. ■Fleming, of the Lands Department. There was an attendance of upwards of thirty persons and judging by the eagerness of the bidding a large proportion of those present were intent on getting a section. Ranging in area from about one rood, 21 perches down to thirty-two perches, the sections ’ front the beach road, not far from the Landing Shed, and extend to a nar ■ i ower road at the bock. They are flanked nt one end by a email recreation reserve. The sections were offered on cash or deferred payment. Following ore the prices at which the sec-_ lions were sold, together with the arm and the reserves placed upon them in £EM*h Cfliwd hv th I* ■

The purchaser of section 1 was re‘jquirea to take over a building valued - at £7 and the purchaser of section 3 a 3 buildling st £BO. In all ca/se.s a minimum bid of £5 was ? taken. Section 1 started at £5O and .rose to £125, at which price it w<n» 1 knocked down to Mr J. C. Ewingtonu 5 .Section 2 rose from £3O to £ll5 and 3 jwas secured by Mrs E. K. s ( bectiou 3 ros4; from £3O to £B5 and t 0 McGovern. Starting at IE2O, section 4 rose to £B5, and was down t 0 A. Rolph, J r|W Smith and H. T. Pratt. A higher ’ Was re i 6c ' e< i as being too late 3 bcction 5 rose from £2O to £95, one £lO 'Jump being made from £65 to £75, and ■|W»s knocked down to Mrs D. N. BdSection 6 rov from £5O to 1 4JOO and was secured by Mr F 8 > ( Cooper. I -AYter section 2 had been sold, Mr A riiolph entered a protest against >eetiUon 1 being allocated to Mr .1. C. Ewn »ngtnn. Some misunderstanding had C R<ll P h thanking the section had been knocked down to him and Mr J. W. Smith, associated with Mr. c Rolph, stating that he had bid £l3O. F The auctioneer (Mr. Fleming) had. however, named Mr Ewingtoii on knocking down section 1, end ruled out Mr Ralph’s protest on the ground that it was mode too late.

p-n caw the De jaritnunt —_ Sec. R. P. Price Reserve £ £ 1 1 20.8 125 55 B 1 00.3 115 55 3 1 Of .8 85 55 4 39.4 85 60 5 36.8 95 40 6 32 100 40