•IMPORTANT TO THE BONA FIDE - - FARMER, Who desires to settle himself, or to put "..':. r '. bis Sous on Land. 'important to tiie townsman, \Vlio desires to settle in the country, i IMPORTANT TO THE CAPITALIST, >Vhp desires a profitable investment for " . , * bis capital. IMPORTANT TO ALL, - Who desire to see a happy anil industrious (people settled on the lands of the colony. LAND. LAND. LAND. ' SALE BY PUBLIC AUCTION Of a Block of the . wellington and manawatu -■/ railway company's magni- "'"" fioent freehold lands. inlthe exchange land and f ,., Mercantile auction rooms, ''"PA2JAMA-STBEET, WELLDfGTON. Z'iH\ TUESDAY, Bth MARCH, 1887, ' ' ""' • -• - &£ 2 o'clock, p.m. omn. KENNEDY iMAGDONAXD & CO, , Jk^» (I ,are : favored mtb instructions from "iae* Wellington Manawaiu Railway Cpmpanyj limited, to sell by "public auction, . aai above, a Block pf ■ \ "Fifteen thousajstd .acres , c ' t^^ MAGNIFICENT. AGrRIOULTTJRAL ■' u^ t> " -• • LAND, ■;" '. .. M ,i.. r .. .•■ Situate, between jtbe ■; . '■ , • „' iO^NSHJDPS OF SHANNON AND * ;; " TOKOMARtJ, ',', ■ On the Company's Railway Line, and StjfiDrVlDEb INTO 'StjlTAiiiE BIZED S?C---i-'i jn^ipks, KAKGUfO^ Dr'iitiß^:' tROM r 27 j ~ b ~ Tne l above Magnificent Block of t.Fi ftoen- Thousand Acres was purchased t 3mtf)fpthet; lands; by the : Railway* fJolnriP^j[i#r§n):tbe,najtiye!iown^Si!i«pder. the jjSpfcCK'liPPwers possessed! by; the Company. ,*Bjd>iji I w,e}l known; to-, every on ' the W^tGpast ;of the ,-No;rih: Island; as being tfae very pick pf the country For hfas&fy yefcrss ift has been fobke'd 'al .<spovioiK«eire^'by : ibe BufO]ietin settlers, ,bat iV'-vila inipiopsiblte to-'itfduce the t M»ow to'part-irith-it ! 'the e-ad%nt- ! >of - ; thei p^Uway;' ' d istutbed 1 the -•^aceftil isblatibnf tßey; 6&d i; previpu\sly "4fhe Beot&Aasi-tife igTiculturai land, jfjtb ajsmall.prqportion'of'pin tofal. oT^gyr -are/ .splendidly i^»|i.e;r.edii and the ..jft|n.b?r.gpem tbeniris mixed .;tawa, fimu, $ ||^n#u* Aq; ..iThe.iftnd ip^Eiat, flat a^d un<« ;undulatii}g and? hilly, and some f ;of 'the -flaj s Jiave:,v*ry < Rich rivejr deposits. .-iUereisals^some exceedingly valueable fHaraTtnpfjaijd o^pabifi ;of -easy drainage. j^he.S^jthrpughoM.fcia classed by # experts aj«Beedingly : good,.[ ■.;■■ =' , '.ji 3ti.A}.l[she.iSectious are reached by cleared; railway;*tations: j^t^Sbanoon hitd Tokomartil, and thence in ,;V*ri<}U'* r diteciioDß- throughout the Block. To those resident .in .other; parts of- the colony who may be unacquainted with; ; iiieJ^rißnd^rfuKricVneSß and' a'dVantage^ Ji«&ttat (portion 'of the West Coast of the: s!^prthj ; island in ;! which thei Block ; is: .^itaatedj|t-is,nec(efsary ,to,sta,te that thej! oiiia^te to) that, of apy other; the'CoMny,. ; the''Tarariia .ranges' c ttfieitermff and protecting it frem the cold, & B^fttb Y e*ly windi prevailing 'else where mj o Winter '•Jtbeigrape, the olive, and many; s,*Rm'i-*ti!opical fruits ripebine in 1 the open! \fi\t\-, ; ,'AlL;old.| Settler^ are agreed that! iamifar land will carry, when cleared andi; ..dtt.wji with English «rasses, some six; sheep to the acre the whole year through' vUiile it is well known, that in consequence of tfajSJ richness of the pasture. Uno: necessity exists for preparing winter feed.' As a stock-producing" 'district it has also; . tsej_ariiliii!p6! atfvarilag* hi '■ lieine la lije io. fatten and leep stock ripe for killing for| ifß^moßthiS.in the year; [To ihe practical; £BC.o.ck-.pree.de,E ] iib. 1B inaportant fact Jieeflsn l o' f consntienl'#' 'The "Railway, Comniission; 'idypdiuted J by; the ' (xoxernment some;! •jrear.s— b'adk to eVidence upon path,;' .afc; lio *L?e -cbuntry through winch the j Company's line now runs, examined; a large^i'fijinYbpr pf witnesses, all of! wkoni^.yrere unanimous; as tp its hitili*' class., character.,. The: Bishop pf \Velj-! "an^ton, who '.wai one of. the witnesses, in his evidence states :—" I have forj 7 ' piany-vearsitrav.pUed through the whole: '••ortfeat district' v I have ridden over it (Witt iKnrioas; dire fc us. I "will: -'merely | *' speak ae.tpi ,the 'quaiity.of the land. I • ''jcgnc,eiye .|h'ii ..there; is land th,ere pf • ' " first-rate quality, and speaking rpughly. ; "from, the , length .and breadth of it, I! »• sbOulbVsay 1 that ; there niuiit be 150,000 ! '•acres ot land,- most 'which must, if a; '-'railway went through it, certainly re- < i^Hlrtie in (be 'market fram £8 j to £10 an rilAereVA :h. •; ,'?:•' :■> i ••.:■■'• LiiiThe-jav^.ofvthe Company being to sell; o tb;eir^nd^ to bomajitfe occupiers, and so; icreajfe,tra^S.c for, their Line, high prices' are not' looked for. It is iiecessaiy under: the Company's Act b£ Parliament that; all Jands granted by the Government lo | "%h^ J GbTh^atty, : arid 1 which are'known as; *• Allocated Lands," should have an uppViot^fi&d ' apon Ibein prior' to 'being \ .submitted at auction.' ; The Freehold : Blocks acquired frora tbe natives by thei Cojppa,iSiy:/!re ,not subject to sueh 1 re«tricttipn, hence eveey section now offeebd mii-B* BQLD.4IT.THB AUCriON SA.TiE FREE gROM ANFPSET PRICE ; tbe Company/9? .aj j^ailyay PiEeprie^ary, recognising tfiat a large and energetic body of jiettjers ,pcc«py ing high cl\ ss land, purchased at a low price, will be of more permanent value lo them and the «om> %uriity than' if 'they sold a limited' krea at hign rates, i;; .! : g C In< order . ito \ .bring about this result, the terms of jSaleLbave; been fixed on a basis which will, we feel sure, be appre-cia|ed-by..alji wbp. desire to seethe laods of the'c'ouriiry speedfly settled. They are Deposit at the Auction S^vle, r . lOpercekt. THBXBAIiAIjfC^B Of 90. PEE CENT, TO REMAIN'OK JIORTGAGE rOB isEVEN YEAES, BEARING. r INTEREST AT THE URPRECED-.^TEDiv'i-bw bate of ' Five per cent. ; ifefc'A^OMi 'In order to induce occupaiidii;.snd f .iifi^t?jovement, the purchaser will be required '-Jn» enter into an undertaking i lojexpend during the first three years, by J nis^qw-n labor . or : otherwise, »m amount I eaual to 10, pt-r cent, per annum of his J purchase in<;ney, or in lieu thereof, should i ( Ke'pr f ef«*r t?o : let hjs section He idle, to pay, I W reduction of 'liis purchase monej, 10 ' per annum in cash. The effect ot this arrangement would be u^ifoilortK;— A.Bi buys a section at tlie-.-sjsle f..>ri2oo. He pays £20 down, receives his title at once, and gives a piflrtita'-'eSof iflS'i'. payable.in seven \ airs. Ho has then to improve the property to .•^.- yajipv.i.'J 4'r° eilt '. n - veai - 1R lijßy> I % S9 ' juW. 18fli). "pr ! fn;ling thai, pay off "that sum'ilVcasn'inreiUU'lioii of hi«' mortgaae: !l¥.i.> : ii'r; ; ;i t^eii.rrr 1 ai!l, of fiourse, suit ci hertlip fatrn^r wlio wanN to go i-n-tiie lnnd .fi.-rii. <l^telfV ,»«icJ work it hiuiscif, or one who not being read v for a ye.ir or r,v>; aiicV'no't' h'ihrig (o 'losetftP chance of'se ruriiii! ."' 'fi: r n i.fsurli vdlrfiible ' country, hnvs anf 1 Ipls tbe b«nd. til! lie he is ready to ocfriip'y it. ' r ■' ' IJie ui<>e is Lmid Transfer Act, and tin ilioiiuuiuie. ouvi-yaßce wilii be givon 16 »i^{j/ |.iirfliri.v-r.;r Thf- solicitors' total expense fur pi f paling the title, exclusive
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Bibliographic details
Feilding Star, Volume VIII, Issue 102, 5 March 1887, Page 4
Word Count
1,054Page 4 Advertisements Column 1 Feilding Star, Volume VIII, Issue 102, 5 March 1887, Page 4
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