CLOSER SETTLEMENT.

Gisborne Times, Volume XXVI, Issue 2147, 24 March 1908, Page 3

CLOSER SETTLEMENT.

OULVERDEN COMPENSATION AWARD.

Press Association. CHRISTCHURCH, Mnrcli 23. The award of tlio Compensation Court, in connection with the compulsory acquisition of tho Culvorden estate by the Government, for the purposes of closer settlement, was gi'en this afternoon. The members ol the Court were Mr. Justice .Denniston (President) and Messrs J. Rennie ami D. D. Macfarlane. (assessors), representing the Government and owners respectively. , . , r Mr. Stringer, with him Mr. Russell, appeared for the claimants, ami Mr. D. M. Findlay, with him Mi. Cassidy, for the Crown. The owners claimed £I6U,G3i as compensation for tl.o acquisition o tho estate, and the president statal that tho award had been arrived at y n rmioritv ot tlio Com t. iukl tlio award was to include all subjects of the claim in a lump sum. It was understood that of two amounts included in the memorandum horn noth parties. £S32 5s and £I6S 15s, for adjusting mortgages, were accepted by the mortgagee, as settling any claim against the Crown, and the Crown was freed from any liability on ns to the land tax contained in the as to the land tax containtd m the second paragraph of the memoranThe Court awarded to the claimants the sum of £119,400, and hxed tho assessors’ fees at -10 1U toi the four days, and stated that tlic award woulil be drawn up by the Crown. •