Thank you for correcting the text in this article. Your corrections improve Papers Past searches for everyone. See the latest corrections.

This article contains searchable text which was automatically generated and may contain errors. Join the community and correct any errors you spot to help us improve Papers Past.

Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image

LOCAL INTELLIGENCE.

_ Confirmation.—At Lytiehon Clmrcli on Snn'iay last 58 persons were confirmed by the Bishop of New Zealand after a most impressive address from bis lor.ship on the seriousness and importance of the ritf. Al the offertory (special) for the Melanesia!! missions, £20 16s" 10d. was collected. At an evening collection £7 ]7*. 6,1. and at the Holy Communion administered on Monday by the Re--. J. C. Patteson in the Maorics' offertory, £l Is. fid.', made up in all hy subsequent small contributions to £30. We hope that the jrood wishes now manifested for this imporlatit object will not be allowed to cool, but that the Church at Lyttelton and elsewhere will regularly contribute as far as their means permit. At Christclmrch on Sunday .-tflernoon ah-iut 70 persons were confirmed. " The church was crowded to such an extent, that numbers had to go away, not being aWe to obtain even standing rootn at the doors. His lordship's address appeared to create a profound impression on all present.

The following- paper, relating to the Endowments of the Church, was read by the Bishop, at the meeting at Lyttelton, on Thursday last:—■ The lands held by the Canterbury Association for ecclesiastical and educational purposes, consist as follows, Purchased for investment • rural land, 3,396 a. 2r. Town land, Christchurch, 50a. 2r. ; town land, Lytiellon, 13a. lr.—Total' 63a. 3r. ' Of the above rural land, 1,000 acres were meant for an endowment for a Dean and Chap, ter, but no formal appropriation of such lands to the above object has been made, nor are they so far as I believe, in any way subject to a specific trust to that effect. In addition to the above, lands in various situations have been .legally reserved and appropriated as sites for churches, parsonages, schools, and cemeteries. Also, lands have been purchased in the name* of the Rev. Mr. Jackson, from subscriptions raised in England, viz.—rural land, 650 a. ; town do., (sa. 2r. The title to the above lands stands as follows. Conveyances have been duly made to Lord Lyttelton, the Rev. C. M. Torlesse, and the Rev. W. Wade, as trustees for the Association, of 2,296 a. 2r., part of the rural land so purchased. Land orders have been issued, in the names of the same parlies, for the remainder of such lands, for which crown grants are in course of being obtained. I hold the requisite powers oi attorney from the above parlies, as well as from the Association, enabling me to act on their behalf. The reserves for sues were made by deed, under the Seal of the Association, under the powers of their act, and have been duly appropriated to, and are legally vested in the Association, for whom I am empowered to act. The lauds purchased in the name of Mr. Jackson, are held under Association land orders, in Mr. Jackson's name. Part of the above lands have been tmnsferred to the College. The particulars are shown in the rental. The rental to July last shows all the lettings to that date. The aggregate rental, exclusive of the Jackson Lands'^was then £629 2<. Of this, £127 15s. h;i S been assigned to the College. Since then, some variations have taken pl.ice;in particular, 122 acres, part of| section No. 321, al Kaiapoi, have been purchased by the tenant under a purchasing clause in his lease at £0 per acre. The money received has been paid over to the Church Property Trustees. This s.ile lias reduced the rental "by £30 10s., but some additional lettings have taken place, which have compensated ior the reduc-, lion. ' The rural lands are let for twenty -one year s at progressively increasing rents. In about sic years. (upon the average) these rents will rise from ss. to 10s. per acre, and in seven years more to 15s. per acre. The town lands are let for twenty-one years without such progressive increase. I am unacquainted with the s*ateof the Jackson Lands, which have been managed under power of attorney from Mr. Jackson. In addition to the above rents, the Church Bush, at Kaiapoi (ilie limber on which is sold to be cut down, at. £20 per acre, payable by instalments) yields, communibiis annis, about £100. Town sections, at Kaiapoi, are being sold at £40 per acre. In general they are paid for by quarterly instalments in two years. The whole quantity laid off for the town'of Kaiapoi, is 200 acres. Of this, about 26... 2r. arc sold;, about 47a. have been assigned to the College. "'* A considerable extent both of rural and "town land is unlet. If let, with purchasing clauses, it would readily find tenants upon the usual terms. In my opinion, an immediate increase of £500 a-year might be calculated on from this source. A further increase of rental might be obtained, if portions of the lands already let were offered to the tenants with purchasing clauses. They wotiid, I believe, in general give an increased rental, from which I think an additional £300 a-year might be obtained. The effect of letting with purchasing clause s would not be to diminish the capital of the Church. On the contrary, the amount to be realized from purchase monies would exceed t'.e original capital laid out, and would be available for re-investment. The sum of £10,000 set apart for the Bishopric and invested on mortgage of the miscellaneous reserves, has been paid off by Pro-

vificial debentures, bearing £6 per cent. An arrangement lias been come lo for har.ding over lands originally taken by Lord Lyttelton, Mr. Ouvendish, and Sir John Simeon, in lieu of these debentures. These lands, with trifling exceptions, are let with purchasing clauses. The present rental of such lands is £621 2s. 3d., exclusive of timber money. The aggregate purchase money, from lettings with purchasing clauses, is £11,310 Bs. A small portion is let without purchasing clauses, and 585 a. of rural land are unlet, including the coal seams on the Malvern Hills. . The lands held in Mr. Jackson's name were purchased by subscriptions raised by him on behalf of the Association, and, in my opinion, the trusteeship of these lands properly belonged to the Association, and would now devolve upon the Church Property Trustees. Some of these lands are held for specific, some for general purposes. Their precise appropriation should be defined, and the question of trusteeship, as well as future management, distinctly settled. t^j~' Henry Sewell. iT.'.itelton, Nov. 10th, 1855.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/LT18551114.2.10

Bibliographic details
Ngā taipitopito pukapuka

Lyttelton Times, Volume V, Issue 317, 14 November 1855, Page 4

Word count
Tapeke kupu
1,076

LOCAL INTELLIGENCE. Lyttelton Times, Volume V, Issue 317, 14 November 1855, Page 4

LOCAL INTELLIGENCE. Lyttelton Times, Volume V, Issue 317, 14 November 1855, Page 4

Help

Log in or create a Papers Past website account

Use your Papers Past website account to correct newspaper text.

By creating and using this account you agree to our terms of use.

Log in with RealMe®

If you’ve used a RealMe login somewhere else, you can use it here too. If you don’t already have a username and password, just click Log in and you can choose to create one.


Log in again to continue your work

Your session has expired.

Log in again with RealMe®


Alert