Advances to Settlers.
OVER i'SOO,OUO APPLIED FOR. The tirst naeetiug of the General Lending Board under the Government'Aclvances to Settlers Act was, put off from yesterday until to-day. If the SolicitorGeneral is present the only member of the bof>.Y(V absent will be the SurveyorGeneral, who has gone to Auckland. Over 600 applicants are now recorded, and the agregate amount of advances applied for is upwards of half a million sterling. The stated value of the security offered is fully three-fold that of the amount for which application is made. The business at to-day's sitting will be to appoint local valuers and to order valuations in those cases which the superintendent has marked for favourable consideration. As soon as the valuations begin to come in the Board will sit to deal with the applications. It is expected that the valuations of the securities offered by applicants in this district will be to hand within about ten days, but three weeks will probably elapse before the valuations from the remoter districts can be expected to arrive. — N.Z Times.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/FS18950116.2.8
Bibliographic details
Feilding Star, Volume XVI, Issue 169, 16 January 1895, Page 2
Word Count
176Advances to Settlers. Feilding Star, Volume XVI, Issue 169, 16 January 1895, Page 2
Using This Item
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.
Log in