IMPORTANT LAND SALE.

Ashburton Guardian, Volume V, Issue 1525, 5 April 1887, Page 2

IMPORTANT LAND SALE.

Messrs Miles and Co report as follows: — At Mr Geor«e Jameson's (Salerooms on Saturday there was a very large <tUoud~ »noe of farmer* and othurs interested m 'ho cala of the Ri verbal o Kntnte, and the farm* ownod by Mr I. It. 0. 0. b'rahara, the maj irjfcy of hose present being well to-do settlers, with fair means at tholr rtlapoßal. Mr J. T, For.i (aucloneer for Muss™ Miles anl Go, the agents of the vendor'), after reading th> p.it'culars of the propariiafl and oonditi >na <<f 6»lo, expaii«red on the capital position and sur rou tidings of the properties to be Bubrattted. The sale oornineneed by offering the TCHt^te m ore lot. The first bid WBB £10,000; bids of £1000 each (hen carao qulcky until £16,000 was reached, when £250 was added, and so on, until the property fell to the nod of Mr William Slranno, of Ohriatohurch, for £17,850. Mr Strange is to be conaratala'ed on becoming the possossor of Biich a really valuable* property Several farmers went away sadly disappointed at not being iib!e to secure a portion of this fine estate, some of the land being woll- known for its remarkable fertility. For Mr Graham's property there was not suoh keen competition, only fonr lots being ''ispoßed of »t from £9 to £10 per acre. The ba an>e of this farm, the Auctioneer stated, would be for private sale.