COMPENSATION CASE.

Press, Volume LXVI, Issue 19957, 18 June 1930, Page 7

COMPENSATION CASE.

LAND TAKEN FOR PUBLIC WORKS. (?itxaa jlbsocutiox tblbgjum) AUCKLAND. June 17. A claim for £3820 compensation was brought against the Public Works Department in the Supreme Court by James Ronald, a woolbroker, across whose land at Panmure Arapuni'a highpower transmission line passes. Included in tho tcital claim is £I9OO for alleged diminution in value of 46 acres due to the existence of transmission line, and £720 for the injurious effects on the residue of the land which the owner intended for subdivision. , . . . Evidence that the power poles had interfered with tba choicest portion ot the estate was given ftv Thomas B. Arthur, estate agent. He valued the whole 80 acres at £175 an acre, and the portion taken by the Puhhc Works Department at £250 an acre. He estimated the loss on the present soheme of subdivision as compared witfc the original scheme at £3288, The opinion that the whole subdivision scheme had been ' murdered by the taking of an area for electric power purposes was expressed by Thomas Mclndoe. president of the Real Estate Institute Bome years ago ho had estimated a profit of £15,000 from the subdivision of the Rrea into over IQO sections. "1 would not touch it at all now for subdivision." be said. The case for the Department hod Just been opened when tho Court jemrned for the day.