A GOOD INVESTMENT.
The Wellington Post gives the following as circumstances under which an investment of £l2O was made in Christ* church property, which has resulted in a magnificent return :— ‘‘ Some 36 years ago Mr John Christie Aitken, a squatter on the Goulburn, visited New Z aland, and made a stay of a few weeks at Christ* church or Lyttelton. He was about to return to Australia and taka the balance of the money he had with him—some £423 —back again, tut the manager of , the bank ho dealt with insisted Upon charging him a second exchange, and he was so annoyed at this that he walked into an auction room where a land sale was going on and Invested the total sum in Cnristchnrch land. For the last 20 years that land has been under the management of Messrs Matson and Co., and on Saturday last, by the order of the trustee, that firm offered the balance of the estate for sale, the result being that for this £420 a sum of £80,0.00 was realised by the investor, and there is more to follow. The trustee is naturally delighted at the upshot of the transao t ion,”
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/AG18860920.2.10
Bibliographic details
Ngā taipitopito pukapuka
Ashburton Guardian, Volume V, Issue 1346, 20 September 1886, Page 2
Word count
Tapeke kupu
198A GOOD INVESTMENT. Ashburton Guardian, Volume V, Issue 1346, 20 September 1886, Page 2
Using this item
Te whakamahi i tēnei tūemi
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.