LAND FOR SETTLEMENT.
FINANCE COMPANY’S SCHEME. AN EXPENDITURE OF £IU,OOO. A programme for the improvement, sub-division and settlement of the Strathmore Estate, involving an expenditure of £IO,OOO, was mapped out by a committee of the Finance Corporation ol’ New Zealand, Limited, •comprising Messrs. P. 11. Saxton (chairman of directors), F. E. Hughes, F. Hayward and M. M. Shaw (general manager). The estate, which comprises about 10,000 acres, was purchased by the company several weeks ago from the estate of the late Mr H. R. Butcher. The committee decided on a subdivisional roading scheme and tenders are being called immediately for carrying out the work. A straight road of easy grades, seven miles in length, will be formed through the property. It is proposed to subdivide the property into 70 dairy and sheep farms. Mr Shaw stated this morning that numerous enquiries had been received from all parts of the Dominion and considerable Interest appeared to be evinced In the company’s project.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WT19350722.2.12
Bibliographic details
Waikato Times, Volume 118, Issue 19634, 22 July 1935, Page 2
Word Count
161LAND FOR SETTLEMENT. Waikato Times, Volume 118, Issue 19634, 22 July 1935, Page 2
Using This Item
Stuff Ltd is the copyright owner for the Waikato Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.