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NAPOLEON.

May 16. The rush which tookplace last week to I tfcej fi^;^ghJbhj|sd//>r^x;h K pfi^flble ? 8 Greek has not realised the expectations which were formed, about! it. The scene of the rush was a terrace about one and a half miles from the-junction of the branch with the main creek, near Emanuel's ela^'anu^'just: 'under -Lydtt l and "Co.'s water-race. . „. . 7 ' "Payable 1 gWni&been found aliho&fciri the surface, on a r bench or shelf on the Nap&febn Hill; just over' Alfred 1 Taylor and Co.'^ s clai«n, at ; the head of -the, old Napoleon Gully. ' ! Great things are expected^ from this / discovery. It has been 'christened the " Flyblow Lead." Business' 1 is very dull in the township, but it is not ito. -be; wondered At there being- such, a ' great ..excess . . of business places; and people over the legitimate requirements of the place. Property -has greatly depreciated m value ; the Casino deVenise, a building ■' which must have cost somebody nearly L2OO to erect, was sold on Saturday, under an order from Magisif ate*?! Clourtj -for Ll7. On the other hand mining property still *ealiaes r arhigh price when; offered for salb. A one-fourth share in a water-race at Noble's hasr ibeen sold for L2OO cash j and a one-fifth share in a claim on the Napoleon Lead, which has been worked for eight months, has been sold for L 175 cash. 'Several shares have changed hands at .the IJalf -ounce and Mosquito Leads, an'diin' Cfoffey's Terrace, at fair prices, f ,. r The. Goyepimenthave pr.qmjsed a small subsidy (1j25) to Sir Skead, the teaoher p£ jtiifil school,; which', willi be available whenever the inhabitants raise a like sum. It is to' :be Hoped that the; money. will be collected at once, for up to this time the M&doP ha* ■ not ■■•' beien ' a ldcra'tive speculation. , , . Ctr ATi J i i grana : masquerad'e-ball, ! whichtook place here recently, .the costumes ,w.orn by some of the ladies were feia^fully and wonderfully got up. Ope daijisel especially appeared \corispicubus' ' in ' lier dress, or ratherninstlio want-cff-it/^She reminded me forcibly pf 'Haus Brietman's, Bitter Hugo, must have seen when he beheld "the raiHiflqui mit; nOdings on," disporting herself xn the Rhine. • a. recent decision which has* been given in the Resident Magistrate's Court at 'the Ahaura, in a case which was brought before r the, this v place, \yill I&ve a salutary in' cti&kibg 'a ( pra«Jtice which has-been. t ,y^ry injurious to business people^ and 'for which they are thenraelvef' in a^grea,^; meagpre -to; blame It has been the fashion with some storekeepers when transacting business with the occupants of houses of a certain class ribtftcFglvetthese parties' any credit I Until the houses of which they were the osten■sible^ownefe yfeve made over as s<Bcui|i|y for the debt. This arrangement suited the mortgagee yery.we.U ; but if anybody felse Y Bbulii i be :i indubed tb!give'?them6rt'gagors! credit;. tbe c debt became at debt: of * !l &r4 as. .jth^ ,prpbabiUty- of j jits liquidation wot"' "concerned. H Now, 'as nearly every' busiriesE'^place df s the sort/ in theftdwitt bflbngs to a mortgagor or a nioiftgageej the : Whole concern isih i Chancery, and nobody knows who is the -real owner of any of- tlhese places until the bailiff seizes one of them, when he is threatened 'by an frit6rpleader T - summons by each of ,half 7 a-dozen different parties, •who- allege 1 tftey J hSive a prioi cfafm to the judgment creditor. In ;the csae I yhaje alluded to, the Verdict was dtiijfineii'iiyz a serving bfotie of ; these plkceß f or • wages and cash lent, and when the r officer, of ', the Cjoiirt f 't6ok r of ' .thd; 'tiotiie' in "which' tne ! iiefendant ; iived, $ri<i brbiieeded ,to. sell, a business man in the \ town . laid claim to the property, pn.the,grpuhd.that ■he purchased it for -the ■ -full value-two ,ni6hth&' bef ore the '■ j udgmerit ovL ■ which proceedings were being taken had been ;-giVeri, sna that the present .o'ccuf>anfc' ; was liis ten&Bft.' ' He failed tjo make -good his 'fclaTnifbefdre' the Cdurt,' and'be'sides losing the purchase-money for the house, whatey^rii'may have been, he' was : ordered' to pay the costs of the whole proeefefliiigs. v::iThe police are, asfar'as ;p^ r^iticable, effectmg another reform, and not befdr'e i# 'was necessary, ; j It has' hitherto been the'- 'practice to graht' spirit licenses to Rouses, the .real occupants of which, were •not : eligible 5 to hold licenses. The di'teculty was got rid of by getting a "dummy" 4p ( .,lend. his,; jname, for, insertion; in the license ; and although thi3 "dummy" -was ilegaJlyiXesponsible, for any . breach: of f the (Licensing Regulations, which! W6uld : o6cur in the in nine cases ♦•oat <<ol ton* he was never; allowed inside '^he door after he-had^dn^^haa)'' 1 except whett it suited bhe ; convenience 'tit ! th6 feal occupants, or .when r he,had mofrey'to spend'^ fikti any- ' other • 'dustbmer^ The recommend the renewal of ; as they; empire, to t house»of this 'description, and they deserve cjredjt for so doing. ,rj:-!.Thlsi'l/ ,:l The track to the Ahaura is rapidly appjßwbing^cdnlpletibnr ; r TBe/ bush is Reared, a|ong the- whole cqurse (of ■ ity an,d on'somebf the sections considerate progress hai been made.with' the formation.

The work will be finished within the specified time. It has been a difficult matter to- find a OVeek^fo*tlAto\^n\inip*W*S[aq)olewh. "Hill: ' : The side of the range is very steei p, and I am afraid that the track, as it % rinds its way zig-zag up the hill, will ha-ve tobe constructed with such acute angles; at the turns, that it will never be avai latleJor.. dray traffic.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GRA18700519.2.14

Bibliographic details

Grey River Argus, Volume IX, Issue 676, 19 May 1870, Page 4

Word Count
918

NAPOLEON. Grey River Argus, Volume IX, Issue 676, 19 May 1870, Page 4

NAPOLEON. Grey River Argus, Volume IX, Issue 676, 19 May 1870, Page 4

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