Education Reserves
Messrs Stevens and Gorton held a Bale of leases of Education Reserves at their Palmerston rooms on Wednesday on account of the Wellington >chool Commissioners. The sections which created the most spirited competition were those in- the Pohangina block, one of which, a section of 48 acres, was knocked down at 6s 6d per acre per annum. Others were taken at prices ranging from Is 6d to 2s 6d per acre per annum. A suburban Palmerston flection put up at £25 was bought in, A 3-acre Foxton suburban section fetched £8, and a similar sized section at Karere £7 per annum. Two «mali town sections in Palmerston 423 £• perches each, were sold at £3 per annum each and other prices realised were equally satisfactory. The at the sale was large* and the results attained serve to show the -great increase in the value of lands in this neighbourhood, a result which •must be accepted as gratifying to the •district generally,— Manawatu Times.
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Bibliographic details
Feilding Star, Volume XI, Issue 85, 11 January 1890, Page 3
Word Count
164Education Reserves Feilding Star, Volume XI, Issue 85, 11 January 1890, Page 3
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