OTOROHANGA LAND SALE.
I Tow lis hip Sections. ! The sale of tow:-ship leasehold see- ! tions held under the auspices of the ' Maori Land Administration Board on ' Tuesday last; v.-as attended by a large : number of rf r ;d~ from all parts cf the from Te Kaiti. Judge Browne. Presi- _ dent of the Board, "-as present, ana "" the hammer was "daMea" by Mr '. ''■■'. ■ W. Sevmouiu m-:m'::cr of t':;:- Board, I The sale was ad ; haif past eleven a- 1 a: that hear too ; Hall was well ddeu" w::h pespecth'e : buyers and ethers '"rteresto". :'" the pr> ceedings. The ::rst lo: to be offeree was weighted w:-.h, rne sum or £l' for improvements, aa.e ::■;:;: :'t •:■::■ adjoining Messrs Greer art uv.tbeing fixed at £s_pi-r a-nv:u. BMrdr.g was keen from the start, and tat .ci was finally secured ;:y bit C-r.cr. at the rental of £2d Ms ret annum. These were the highest traits rtaaset. though a number cf tre t'.r.er -tot brought from £'3 to £M : ter annua.:. Altogether -M icrswere st.t. total amount realised heir.:: .£■':-' M 6d, which represents a capita, "a a: of £l9O per acre. Probably the cheapest lei -vas secured by Mr Green in the shape :f a section weighted with £<M far improvements, which, was take" at the upset rental of £'d ios ner annum. The result of the sale "should he highly satisfactory to the '-■w-ers. a v :d may be takcu as a strong indication that the public are thorough:";.' satisfied as to the future cf Ottrohanga.
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King Country Chronicle, Volume III, Issue 161, 3 June 1909, Page 2
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250OTOROHANGA LAND SALE. King Country Chronicle, Volume III, Issue 161, 3 June 1909, Page 2
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