CORN EXCHANGE.

Globe, Volume IX, Issue 1253, 25 March 1878, Page 3

CORN EXCHANGE.

The usual weekly meeting of the committee was held at Tattersall’s on Saturday. Present —Colonel Brett, Messrs Henry Gray, J. N, Tosswill, G. A. Durey, H. D. Gardner, Thos. Patterson, Henry W. Peryman, Hy. Matson, Job Osbrne, 0. R. Leadley, G.B. Woodman, D. Patchett, Wm. Henderson, and John Ferguson. It was resolved that Colonel Brett take the chair.

The correspondence having been read, Mr J. N. Tosswill, as chairman of the subcommittee appointed to inquire into the most eligible site for erecting sheds for storing grain and produce, read the following report:— Christchurch, 23rd March, 1878.

The sub-committee appointed to report upon the best means of making provision for the weighing and storing of grain and other produce near Christchurch having carefully considered the question submitted to them report as follows: —

1. The committee are of opinion that in order to provide adequate storage accommodation for farmers, and in view of the large proportions which the grain trade will shortly assume, it is desirable a limited liability company should be formed for the purpose of purchasing a site in the neighborhood of Addington, connected with the main lino of railway, and the erection thereon of suitable stores.

2. In order to promote the above objects, inquiries have been made as to the best sites available, and an offer of two acres of la ad upon advantageous terms, admirably situated for the purpose, has been made, and will be laid before the meeting, 3. A plan of this site has been submitted to the railway authorities for their approval (in the event of its being selected by the company), and an assurance has been obtained not only that the site is very suitable, but that every assistance (within the limits of the railway regulations) will be rendered to the promoters of the undertaking. John N. Tosswill, Chairman of the Sub-Committee.

After a lengthy discussion upon the report, Mr H. D. Gardner moved, and Henry W. Peryman seconded, its adoption, which was carried.

It was resolved—“ That the secretary be instructed to write to Messi’s Harman and Stevens in reply to their letters of the 15th and 21st instant, to Mr J. N. Tosswill, offering certain land owned by Mr Hall, at Addington, situated between the town belt and the southern railway line, as a site for grain stores, to be erected in connection with the Corn Exchange, and to inform them that the members of the Corn Exchange have accepted the offer submitted in their letter of the 21st instance for an acre of land, and that Messrs Henry Matson and Co. will bo guarantee for the payment of the purchase money; and further to state that the members of the committee of the Corn Exchange are prepared to treat with Mr Hall for the purchase of the second acre offered in terms of the letters from Messrs Harman and Stevens now under consideration.”

It was also unanimously resolved, “That the secretary call, by [special advertisement in the papers, a meeting of all the members of the Corn Exchange for next Saturday, for the purpose of considering the necessary steps to be taken for erecting grain stores at Addington, and to take action to carry out the recommendation of the sub-committee with reference to floating a Limited Liability Company in connection with the Corn Exchange.”