RENEWAL OF LEASE
AN IMPORTANT JUDGMENT SETTLEMENT RESERVES ACT. [ Ter Press Association. ] WELLINGTON. July H. A decision of vital interest to settlers in the Taranaki district was given by Judge Blair at the Supreme Court today in the case of Violet. Gwendoline ,< rocker, holder of a lease under the West (’oast Settlement Reserves Art, who applied for a renewal of the lease, bringing on a dispute with the Native Trustee as to the interpretation of the renewal clause. Mr. Justice Blair ruled that the interpretation contended for by the Native Trustee was tho correct one. The effect was that for a renewed term the rent be increased to the extent of 5 per cent, on the value of all improvements effected by the first tenant of the land during the first 21 years Of his occupancy.
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Bibliographic details
Wanganui Chronicle, Volume 79, Issue 167, 19 July 1935, Page 11
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136RENEWAL OF LEASE Wanganui Chronicle, Volume 79, Issue 167, 19 July 1935, Page 11
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