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SALE OF THE MOKAU BLOCK.

The Native Eand Court held a special sitting atTe Kuiti on Wednesday, to deal with the MokauMohakamo block (commonly known as the Mokau Jones Estate), about which there has been litigation for the past 35 years. Judge Holland presided, and a settlement was reached on the following terms: The Maori owners, numbering 120, receive from Mr Hermann Eewis, of Wellington, the sum of .£25,000, and 2000 shares in a Canterbury, Hawke’s Bay, and Manawatu syndicate which, with .£IOO,OOO capital, is acquiring the property with the idea of further developing it and its shipping and coal mine interests. The whole estate at the time of sale comprised 56,000 acres, of which 48,500 was freehold, and the remaining section, partly leasehold, has been leased to the new owners. By the terms of the sale the Native owners acquire a permanent interest in the property.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/MH19110325.2.25

Bibliographic details
Ngā taipitopito pukapuka

Manawatu Herald, Volume XXXIII, Issue 971, 25 March 1911, Page 4

Word count
Tapeke kupu
147

SALE OF THE MOKAU BLOCK. Manawatu Herald, Volume XXXIII, Issue 971, 25 March 1911, Page 4

SALE OF THE MOKAU BLOCK. Manawatu Herald, Volume XXXIII, Issue 971, 25 March 1911, Page 4

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