Yesterday's Land Sale.

Manawatu Herald, Volume III, Issue III, 7 February 1890, Page 2

Yesterday's Land Sale.

■ ~» , ' The firit tale of the Oroua JDownt estate . was held at the Rink hall at Fftlmeriton yesterday. Maura 3tevens and Gorton, ware the auctioneers. The sale -was held punctually at lialf past twelve, and at that: i iioilr there- were nearly , two hundred per- . sons present* - Colopel Oorten acted as Auctioneer, and after nuking a few preliminary remark* : called updiilfr Hankittff, the" solicitor o! ■ j the estate to read the conditions of sale. On the conclusion of this long, but necessary \ duty, Colouel Gerton; dilated upon the-, j value of the property he was 'about to offer* on referring to the statements that had appeared about the gross insome obtained from tho property, 6aid, that ha oould verify the-n as he h*d, with the late Mr ft. \ 'Campbell compiled tha figures {torn tb« i station accounts. ■ i The first lot wu then (put up, being sec-, i tion 11, (containing 134 acres, t roods 31 ; poles, feaced oh all sides, subdivided into I five paddocks, with four roomed house, ihree stalled stable, left, and four rooms attached, cattle {and sh*ep yards. . Option ' was also 'given to take sectiong I*2 and 13 ' at the same figure. The bidding started at j £11 and by slow degrees reaahed £14 fis an ! aore. at which it was knocked down to Mr Walter Johnston, who iook the taree lotsTho next lot sold wej section tH con- : taining 1172 *cres which Mr James Harris; purchased at the upset price of £9 per, acre. The sane buyer also secured the \ adjoining section No. 25 of 127J acres at L 9 17s (W per *ci>. Sections 26 and 2T cantaining 216^ acres were purchased by Mr Walter Johnson at £7 5s per acre. ' Tiie only other section* sold were T2 and 73 near the Oroua Bridge, the site of Messrs Spellman & Co mill which Mr R. P. Edwards secured at £8 an acre, being 205 acres in all. The sale was a surprise, the attendance being very numerous, (but the bidding very , spiritless, and the general feeling seemed' to be that the reserves were too high. A few town sections in Campbelltown were quitted.