An Effect of the Bill. THE LAND BILL An Effect of the Bill.

Wanganui Herald, Volume XXXX, Issue 11979, 24 September 1906, Page 5

An Effect of the Bill.

THE LAND BILL

One Owner Disposing of his

Burplus.

(Psr Umited Press Association).

ASHBURTON, September 22.

Interviewed by a Guardian representative on Thursday last with regard to his intentions in the event of the JE50.000 clause in the Land Bill passing, Mr J. C. N. Grigg, owner of the Longbeach estate, said no intended anticipating the Bill, and he would commence selling portions of the estate immediately. ToAiay (Saturday) the first block of the estate, comprising 1200 acres, was sold, and instructions have been given for the sale of other blocks, so that a large part of this famous estate, which has a world-wide reputation- as a model farm is likely to be subdivided into comparatively small holdings. The estate contains 12,000 acres of first-class land, the improved value of which is JE112.211.